China National Chemical Corp. (ChemChina) through Marco Polo Industrial Holding S.p.A. negotiated two deals with Pirelli to acquire more than 45 million shares from the tyre company. Marco Polo Industrial Holding is managed by ChemChina’s China National Tire & Rubber…
Author: admin
Semperit Group expands conveyor belt plant in Poland
The Semperit Group expands its conveyor belt production capacities in its site in Be?chatów, Poland. About EUR40 million was invested for the expansion. “We have established our position as a producer of high-quality conveyor belts and a solution provider with…
Marangoni upgrades Auto & Truck Tyres Johannesburg plant
Auto & Truck Tyres (A&TT), a South African suppliers of new and retreaded tyres , assigned the Marangoni Group’s to upgrade its plant in Wadeville, Johannesburg. The A&TT retreading plant produces a little under 1000 retreaded truck tyres a day,…
Chinese engineering firm builds rubber plant in Uzbekista
Chinese manufacturer and builder Poly Technologies Inc. recently held the groundbreaking ceremony for a rubber plant that the firm has been contracted to build in an Uzbek industrial zone. Following six years of negotiation and planning, Poly will provide Uzbekistan…
Sumitomo Rubber increases capacity in Thai facility
Sumitomo Rubber Industries will increase its production capacity by 9% at its tire plant in Rayong Province, Thailand. The Rayong site is one of the largest tyre production facilities in the world. The Japanese tyre maker will raise capacity. Capacity…
Zeon Corporation sets up in India
Zeon Corporation established Zeon India Private Limited in Gurgaon, in the Indian state of Haryana. The new company will begin operations on October 1. Hiroshi Mihara will serve as the Zeon India’s Managing Director Zeon India Private Limited was established…
Nokian Tyres cuts 122 employees
Negotiations concerning workers and staff in car tyre production and administration at Nokian Tyres’ Finnish factory ended last September 28. The company decided that adjustments to production capacity utilization as well as cost savings will be achieved by reducing 122…
Toyo Tire names new chairman and president
Toyo Tire & Rubber Co. names its new president and chairman last September 28. Senior Corporate Officer Takashi Shimizu will replace Takuji Yamamoto as president. Shimizu held other management positions in the company’s tire division. He is currently the company’s…
Scrap tyres can be turned into supercapacitors
A team from the Department of Energy’s Oak Ridge National Laboratory and Drexel University found a way to use scrap tyres to make supercapacitors. Supercapacitors are used in cars, buses and forklifts that require rapid charge and discharge cycles with…
Omya subisidaries distribute Lion Elastomers’ rubber
Lion Elastomers announced a that subsidiaries of Omya, Inc. subsidiaries will now distribute Lion Elastomers’ styrene-butadiene rubber (SBR) products in the United States, Canada and Europe. Lion Elastomers is a manufacturer of styrene butadiene rubber (SBR) and EPDM rubber, serving…