State-owned oil firm Indian Oil Corporation Limited (IOCL) has awarded an EPC contract to Thyssenkrupp Industrial Solutions India of approximately more than US$100 Million for a 60 kilotonnes/year polybutadiene rubber plant (PBR) at its Panipat Refinery & Petrochemical Complex, Haryana,…
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Solvay to reduce emissions by 20% at silica site in France
Belgian chemical firm Solvay plans to construct a new electric furnace at its silica plant in Collonges, France with operations scheduled to start in 2025. It adds that this shift towards clean energy sources anticipates a 20% reduction in CO2…
Local firms partner with Black Donuts for tyre facilities in Egypt and Cameroon
Egypt’s Rolling Plus Chemical Industries is partnering with Black Donuts to establish a tyre manufacturing plant with an investment of EUR1 billion in the country. Black Donuts is a Finland-based full service partner for established and new tyre manufacturers, with…
Huntsman starts building of carbon nanotube pilot plant in US
Huntsman Corporation has announced construction has commenced on the 30-tonne Miralon carbon nanotube materials plant, originally announced in 2021. The new plant, which converts methane gas to carbon nanotubes and clean-burning hydrogen, will be one of the largest of its…
Wacker expands speciality silicone facility in China
German chemical firm Wacker Chemie AG is expanding its specialty silicone manufacturing capacities in China. A kick-off event recently at the Zhangjiagang site in Jiangsu Province marked the start of construction of several new production lines, where the globally operating chemical…
Bridgestone’s first carbon-neutral tyre plant in India
Tyre maker Bridgestone has announced its first tyre manufacturing site to be verified as carbon neutral (scopes 1 and 2). The plant at Chakan in Pune, India, was audited in May and June 2023, and was subsequently verified according to…
Risorce raises EUR12 mn for tyre recycling facility in Belgium
Belgian start-up Risorce has successfully raised EUR12.5 million for the construction of a facility to recycle used tyres. Unlike other recycling plants, the company will turn tyres into usable petroleum and gas products, it adds. Based in Baelen (Liège province),…
Kobe Steel exits tyre testing machine business
Machinery maker Kobe Steel has announced that it has decided to withdraw from the tyre testing machine business and transferred the business to Nagahama Seisakusho Ltd recently. The Japanese firm has been engaged in the tyre testing machine business over…
Toyoda Gosei to dissolve UK subsidiary
Japanese auto parts maker Toyoda Gosei Co says it has made the decision to dissolve its subsidiary in the UK, Toyoda Gosei UK Ltd. (TGUK), as a part of its restructure of the company’s earnings in its European business. Toyoda…
Goodyear to slash 700 jobs in Asia-Pac; sell off retail outlets
Goodyear Tire & Rubber Company says it has approved “a rationalisation plan in Asia Pacific to improve profitability in its Australia and New Zealand operations”, which includes the sale of 100 retail and fleet locations and nine warehouses with a…