Dow Corning Corp. today announced first quarter 2014 sales of $1.52 billion, an increase of 21 percent over 2013, and net income of $191 million. Adjusted net income in the first quarter of 2014 was $109 million, an increase of…
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Adamant launches new sanitary valve with EPDM rubber material
Adamant Valves the trusted global sanitary valves manufacturer, has announced today the launch of their new sanitary valves with new EPDM and PTFE Diaphragm for fine chemicals. Chemical engineers can now purchase the reliable and affordable sanitary valves with the…
Lion Copolymer plans EPDM expansion
Lion Copolymer, Geismar, LLC (“Lion”) has recently completed a detailed engineering study for an additional 60,000-80,000 metric tons per year EPDM manufacturing line, to be located at the current Geismar Louisiana site and complementing Lion’s existing four EPDM polymerization units.…
Chinese tyre makers, huge impact on North American tyre industry
China’s impact on the North American tyre industry is huge — the numbers bear that out — and getting bigger. As of 2013, nearly one of every four passenger tyres, one of every five light truck tyres, and one of…
Falken reveals tyre range expansions
Falken Tire Corp. announced plans to expand its Ziex, Wildpeak, Sincera and Ohtsu lines to help it compete in a larger segment of the market during its dealer meeting last week. Rick Brennan, Falken’s new executive director of marketing, says…
Ceat Ltd reports revenue growth
In spite of subdued single-digit revenue growth, Ceat Ltd posted decent results for the March quarter, in line with expectations on the Street. Lower raw material price and a dip in interest outgo helped clock net profit of Rs.69 crore,…
Toyo launches European sales subsidiaries
Toyo Tire & Rubber Co. Ltd. says it will establish an overseas subsidiary in Germany on May 1, 2014. It will be called Toyo Tire Deutschland GmbH (TTD). Previously, all tire sales for the German and Austrian markets were handled…
Goodyear reports net sales decline in Q1
Goodyear Tire & Rubber Co. reported a net loss of $58 million on net sales of $4.5 billion for its first quarter ended March 31, 2014. That compares to income of $26 million on sales of $4.9 billion for the…
Lanxess butyl rubber facility in Belgium restarts operation
Lanxess is in the process of restarting its world-scale butyl rubber plant in Zwijndrecht, Belgium, after union-represented production employees agreed to accept the terms of a new two-year collective labor agreement and subsequently ended their strike. Normal supplies to customers…
Zeon manufacturing plant in Singapore inaugurates full-scale SSBR production
Zeon Corporation has begun full-scale commercial production of solution polymerized styrene-butadiene rubber (SSBR) at the plant of its subsidiary Zeon Chemicals Singapore Pte. Ltd. (President: Hiroyuki Hirakawa) on Jurong Island, Singapore. A ceremony to mark the completion of the plant…