German industrial firm Evonik Industries AG has acquired Silbond Corp, a leading supplier of silicic acid esters based in Michigan, US. The mid-double digit million-euro transaction closed on February 28, 2014. As a special group of functional silanes, silicic acid…
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Europe slows Synthomer
Last year was predictably hard for Synthomer (SYNT). Falling demand in Europe easily offset recovery in Asia, depressing the cash profit margin and ending a run of unbroken growth in underlying earnings stretching back to 2006. And while there have…
Michelin to cut 500 jobs at Pictou County plant
Michelin North America (Canada) Inc. has announced it will significantly reduce tire manufacturing at its car and light truck tire plant in Pictou County, N.S. over the next 18 months. The company says the move, which will affect 500 employees,…
Vogue Tyre acquires E&G Classics
Vogue Tyre & Rubber Co. has acquired certain assets of E&G Classics, forming a new, separate company: E&G Corp. “Partnering with E&G is a great opportunity for Vogue Tyre, E&G and our collective customers,” said Greg Hathcock, president of Vogue.…
Global Styrene Butadiene Rubber (SBR) market size,trends and forecast to 2020
The global market for SBR is expected to reach USD 23,144.3 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for SBR in tire manufacturing is expected to support the growth of this market…
Dunlop reveals intelligent tyre concept at Geneva
Tyre company Goodyear Dunlop has revealed a new conceptual tyre that can communicate with a car’s onboard computer at the Geneva motor show today. The new rubber is embedded with a battery-less microchip attached to the inside of the tyre.…
Singer equities acquires Texas Rubber Supply
Singer Equities has acquired Texas Rubber Supply headquartered in Dallas, TX. Texas Rubber Supply was founded by Emery Johnson in 1952 and has enjoyed a rich heritage as a premier industrial rubber distributor in the region under the leadership of…
Bridgestone comes out with severe-duty wide-base tire
Bridgestone has introduced a new rib-type all-position tyre aimed at severe-service and on/off-highway applications. The M854 wide-base radial tyre is ideal for construction, refuse, dump, mixer, bulk and logging applications, the company says. “Construction, logging and refuse fleets travel on…
Car tyres may purify wastewater in future
Rubber granulate made from end-of-life car tyres may in future lend itself to applications such as wastewater treatment, say researchers. A Finnish team has demonstrated that the granulate processed from used car tyres is capable of acting as biofilter material…
Conti sources rubber from dandelion plants – earns nomination at GreenTec awards
Continental Tyres is among the nominees at the prestigious GreenTec Awards 2014. The tyre major’s joint endeavour, “Rubin”, with Fraunhofer Institute has enabled this nomination. The project focuses on industrialising rubber derived from dandelions. Continental Aims to Achieve the ‘Seemingly’…