Thailand’s Board of Investment said recently it had approved a US$400 million investment by German tyre maker Continental to expand its existing facility in the country, which is the world’s second largest tyre producer after China. Continental intends to expand its tyre…
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Toyoda Gosei adds on airbag plant in India
Japanese auto parts maker Toyoda Gosei Co has expanded the Neemrana Plant of its subsidiary Toyoda Gosei Uno Minda India Pvt. Ltd to meet the growing demand for airbags with stricter safety regulations in India. Production at the new building began in…
Orion launches biobased carbon black for inks
Speciality chemical firm Orion S.A. has announced it has launched Printex Nature 35 – a carbon black made of 100% bio-circular feedstocks. The new product provides the same performance as Orion’s Printex 35 and can be used for a wide variety of printing applications,…
Uber/Enso tie-up to launch EV tyres in US/UK markets
Mobility firm Uber has launched a strategic partnership with Earthshot Prize Finalist Enso to roll out its energy-efficient and low-emission EV tyres across the UK and US. The partnership is designed to support the tyre technology company to grow internationally.…
Michelin marks 60 years at French petchem site
Tyre maker Michelin’s Bassens petrochemical site, located about 6 miles from Bordeaux, recently celebrated its 60th anniversary, having been opened since 1964, producing and developing elastomers. The site, with its 460 employees, plays a strategic role by producing several tens of…
VMI opens service/R&D centre in India
Tyre building machinery firm VMI Group has officially inaugurated its new facility in India. This new facility will house a new overseas extension to VMI’s global engineering and will also be the service, maintenance and upgrade centre for the fast-growing…
Camfin pumps up stake in Pirelli; Brembo sells entire stake in Pirelli
Italian auto parts maker Brembo has sold its entire 5.6% stake in Italian tyre maker Pirelli for around EUR283 million, a move that has dampened speculation about a merger between the two Italian groups. Sinochem holds a 37% stake in the tyre maker.…
Cabot mulling CNT/dispersions facility for batteries in US
US-based Cabot Corporation says it has been selected for an award negotiation of up to US$50 million by the US Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains. This grant, part of the Bipartisan Infrastructure Law, will support Cabot’s development of a new US-based…
Evonik breaks ground on silica expansion at US site
German silica producer Evonik has broken ground on what it says is a “significant” expansion at its Charleston site in South Carolina’s Berkeley County. This new development will boost the production capacity of precipitated silica by 50%, catering to the…
Nokian opens first tyre factory with zero CO2 emissions in Romania
Finnish tyre maker Nokian Tyres recently opened its passenger car tyre factory in Oradea, Romania. The factory inauguration marks the successful completion of a two-year long project and sets the ground for commercial production in early 2025. The factory produced…