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Michelin to construct EUR60 mn demo plant for 5-HMF in France

French tyre company Michelin has announced what it says will be the construction of the world’s first industrial demonstration unit for the 5-HMF green chemistry-based molecule. This bio-sourced and non-toxic molecule can replace ingredients derived from fossil fuels in a wide…

Portugal’s BB&G acquired; to expand tyre recycling to Asia

Investment firms Prismore Capital, BDI-BioEnergy International GmbH, and JR New Horizons (the investment arm of the Rieckermann Group) have jointly acquired Grupo BB&G’s advanced tyre pyrolysis technology through BB&G Recycling, a newly formed subsidiary. The investment includes patents, know-how, a demo plant in Portugal, and a collaboration agreement with tyre…

Steer claims a first with inline plastic/rubber compounding technology

Indian compounding machinery firm Steer World has developed new inline compounding technologies for rubber and wet pigment applications, plus an inline compounding solution that converts rubber bales directly into pellets, which it says was previously considered unachievable on a twin-screw extrusion platform. It adds that “this…

Goodyear Tire off loads rubber business for US$650 mn

In line with its transformation programme, tyre firm Goodyear Tire & RubberCompany is selling most ofits chemical business, Goodyear Chemical, to Gemspring Capital Management in a deal valued at around US$650 million. The transaction is subject to regulatory approval, as well as other customary closing conditions. As…

Wacker expands speciality silicones output in China

German chemical firm Wacker, in response to rising demand for high-quality specialty silicones in China, has expanded its production capacities at its Zhangjiagang site. The new production complex will manufacture silicone fluids, silicone emulsions and silicone elastomer gels. Production is…

Bridgestone ups capacity in the US

Against the backdrop of the imposition of the 25% tariffs on auto parts imports introduced by the US, Japanese tyre maker Bridgestone has announced that it plans to increase the capacity at two of its US plants. According to Bridgestone’s Q1 2025 report,…