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Sailun to set up first North American factory

Tyre maker Sailun Tire has announced that it will enter a joint venture and invest in the construction of a new factory in Mexico. This joint venture agreement will be between Sailun Singapore, a wholly owned company established in Singapore…

Bridgestone sells Russian assets to S8

Tyre maker Bridgestone’s European subsidiary has announced the sale of its Russian assets to S8 Capital, a Russian diversified holding company. The deal has received all necessary regulatory approvals. The agreement includes a tyre manufacturing plant in Ulyanovsk and a…

Continental opens new hq in Germany

Technology firm Continental recently officially opened its new corporate headquarters in Hanover, Germany. The campus on Hans-Böckler-Allee marks a further milestone for the technology company in its more than 150-year history. “We have created a place where our vision, values…

Lagercrantz acquires UK rubber seals firm DP Seals

Swedish technology firm Lagercrantz has acquired DP Seals Ltd, a leading supplier of rubber sealings and mouldings for high specification applications. DP Seals designs and manufactures customised rubber seals, gaskets and mouldings, with intricate geometries to the highest quality. In-house…

Synthos/OMV to cooperate on sustainable butadiene for tyres

Polish producer of synthetic rubber Synthos has announced the signing of a Memorandum of Understanding (MOU) with OMV, an Austrian multinational integrated oil, gas, and petrochemicals company. Under the MOU, the two companies will cooperate on the long-term supply of…

BASF’s BDO and PolyTHF with lower carbon footprints

From early 2024 onward, German chemical firm BASF says it will offer its products 1,4-butanediol (BDO) and polytetrahydrofuran (PolyTHF) as “LowPCF” products. BASF has calculated the individual product carbon footprints (PCF) of both chemical products. The results were compared with…