The Goodyear Tire & Rubber Company priced its offering of US$1 billion aggregate principal amount of 8-year senior notes. The notes will be offered to the public at a price of 100% of their principal amount and will bear interest…
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Denka acquires DuPont’s Chloroprene Rubber Business
Denka Performance Elastomer LLC (DPE) recently acquired DuPont’s chloroprene rubber business. DPE is a joint venture between Denka and Mitsui & Co., Ltd., Denka, Mitsui and DuPont have entered into an agreement with regard to the acquisition of DuPont’s chloroprene…
Bluestar Silicones promotes medical rubber line
Bluestar Silicones will promote its Silbione Biomedical Liquid Silicone Rubber (LSR) product line for long term implant applications, and its Silbionesoft silicone adhesives for wound, scar, transdermal and wearable device applications at the upcoming Medical Design & Manufacturing (MD&M) Minneapolis…
Bridgestone introduces Bandag trailer retread
Bridgestone Commercial, a division of Bridgestone Americas Tire Operations, introduced the new Bandag TR4.1 trailer retread. The TR4.1 retread provides affordable and dependable wear life performance for small to medium truckload, less-than-truckload (LTL) and pick-up and delivery (P&D) fleets. “When…
Michelin interrupts its plant project in India
Due to a decline in Earthmover tyres in its market segments and OE Infrastructure, Michelin suspended construction in its Chennai (India) site with a Civil Engineering workshop for tyres up to 49 inches, while maintaining that of a Truck workshop.…
Purdue, Ohio State develop alternative rubber crops
An agricultural technology accelerator has licensed a Purdue innovation that could increase natural rubber production and expand production to new geographies. Ag TechInventures (AgTI) brings together and further develops promising intellectual property in agbiotech, precision agriculture and bio-renewables, to form…
Lanxess and Chongqing Changshou Chemical agree on joint venture
German specialty chemicals company Lanxess and Chongqing Changshou Chemical established a joint venture, which will act as the exclusive agent of polychloroprene rubber and adhesive products of both companies. At present, the joint venture will concentrate on marketing and sales…
Hankook Tire’s Laufenn brand grows in its first year
Following the unveiling of its Laufenn brand last November, Hankook Tire reports that the Laufenn brand has surpassed expectations for growth in its first year. Hankook Tire representatives stated recently that the Laufenn brand has produced strong results as it…
Global elastomers market to reach US$36 bn in 2022
The Global elastomers market accounted for US$22.37 billion in 2014 and is poised to reach US$36 billion by 2022 at a Compound Annual Growth Rate (CAGR) of 6.1% during forecast period 2014 to 2022. The growing demand from automotive industry,…
Toyo Tires made life-size lion from scrap tyres
Toyo Tires made a life-size lion out of recycled tyres for the annual Tokyo Designe Week in Gaienmae, Tokyo. Marking its 30th anniversary this year, Tokyo Design Week 2015 showcased more than 1,000 creations in the four categories of design,…