German speciality chemicals firm Lanxess, which is the world’s largest producer of EPDM, is progressing according to plan with the construction of its world-scale EPDM plant in Changzhou (Jiangsu Province), China. It is investing EUR 235 million in the plant…
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Hankook rolls out latest construction tyres
HANKOOK Tire America Corp introduces its new Smart Work AM15 on and off road wide base/all-position tyre for construction fleet. The new tyre, which is available in two sizes; 385/65R22.5 and 425/65R22.5, features a tread design that provides enhanced traction…
Master Bond’s new silicone meets specs for flame retardancy
FLEXIBLE and high-temperature resistant, MasterSil 156 from sealants, coatings and adhesives maker, Master Bond, passes the rigorous UL 94V-0 tests for flame retardancy. This two-part silicone system is addition cured and does not require exposure to air for complete cross-linking.…
Lanxess to axe 1,000 jobs by 2015; mulling sale of rubber chemicals and NBR
Against the backdrop of weak demand from the automotive industry, Germany-based speciality chemicals firm Lanxess, which is facing what it says is a “temporary weakness in demand for its synthetic rubber”, is aiming to cut costs by EUR100 million per…
Michelin sets major sustainable development objectives for 2020
The firm has laid the foundations for a New Phase of Dynamic Growth, led by its powerful innovation capabilities, improving competitiveness and robust gains in the most promising segments, says its CEO.
ITC probes firms on Toyo tyre design patent infringement
The tyre firm, which markets and sells tyres under the Toyo Tires and Nitto brands, says many of its designs are protected by patents issued by the US Patent and Trademark Office.
Italian group reports weak rubber, plastic machinery imports in H1 2013
According to a recent analysis of Assocomaplast, the decline in imports is attributable to a weak domestic market on an ongoing recovery.
Sale of two Cooper Tire plants to India’s Apollo Tyres delayed
An American arbitrator has said that Cooper Tire and Rubber Co. cannot sell two of its factories in the country to India’s Apollo Tyres until a collective bargaining agreement is reached between Apollo and members of the plants’ union. The…
Hankook to build proving R&D tyre centre
South Korean Hankook Tire plans to build a R&D centre in Sangju City with an investment of KRW240 million until 2020 for the construction of a top-tier proving ground. Covering a total area of 132 ha, it will be the…
Coatings firm Barrier buys stake in Aquaseal
BARRIER Group, an industrial coatings firm has bought 49% share in Aquaseal Rubber Ltd to assist the latter in business expansion and widening its market scope. Aquaseal Rubber, a family business run by managing director Jason Armstrong and his father,…