UK polymer company Synthomer says that it has completed its acquisition of Omnova Solutions Inc, a US-based specialty chemical company that manufactures emulsion polymers, speciality chemicals and decorative products. Synthomer had made an offer to buy Omnova for an enterprise…
Category: Feature
Michelin ends tyre production after 50-year run at Scottish site
Michelin has officially stopped tyre production at its factory in Dundee, eastern Scotland, after half a century. The French tyre maker decided that continued production at the factory would be “unviable and unwise” in light of the growing challenges caused…
COVID-19: Apollo to suspend European, Indian tyre manufacturing operations – Updated
Following the impact of the COVID-19 pandemic, Indian tyre manufacturer Apollo Tyres (Apollo) said it will stop production of passenger car tyres at its plant in Enschede, the Netherlands, to focus instead on production of specific high-performance passenger and agriculture…
Tire Cologne 2020 postponed to May 2021
Given the wide spread of Covid-19 in Germany, organiser Koelnmesse GmbH, in consultation with its partner German Tyre Retail and Vulcanisation Trade Association [Bundesverband Reifenhandel und Vulkaniseur-Handwerk e.V. (BRV)], has decided to postpone Tire Cologne 2020 show, originally scheduled for…
Coronavirus struggle forces Asian automakers to suspend production in US
Asian auto makers based in North America (NA) will temporarily suspend production from next week as the struggle with the new coronavirus outbreak continues. Among them is Toyota Motor: the Japanese auto maker employs 47,000 people in NA and will…
Goodyear shuts down tyre, retread, chemical plants in North/South America, Europe
The Goodyear Tire and Rubber Company (Goodyear) will be suspending production at its tyre, retread and chemical plants in North and South America until early April as it braces against the sudden decline in market demand following the COVID-19 pandemic.…
Sinochem sets up rubber antioxidant plant in Thailand
Sinochem International Corporation, a China-based international fine chemical company listed in Shanghai Stock market, has begun construction of its polymer additives plant in Rojana Industrial Park in Thailand – which is the company’s first overseas polymer additives production base. Opening of the plant will…
Rubber glove stocks rocket after COVID-19 pandemic declaration
Rubber glove manufacturers have seen increased demand since the World Health Organization declared the COVID-19 outbreak a pandemic – gains were reflected in rubber glove stocks, including Malaysian rubber glove manufacturers such as Top Glove, Hartalega Holdings, Kossan Rubber Industries,…
Pirelli hit by Covid-19; slows down production in Italy
Italian tyre maker Pirelli has become the latest “victim” of Covid-19. It says that an employee at its Settimo Torinese factory has been confirmed by healthcare authorities of having tested positive for Covid-19. To safeguard the other employees, Pirelli says…
Apollo Vredestein to “refocus” Dutch tyre plant operations and cut 750 jobs
Apollo Vredestein, a Netherlands-based tyre manufacturer acquired by India’s Apollo Tyres, is planning to phase out certain product lines related to high-performance passenger and farm tyres in Enschede, in eastern Netherlands, to ensure continued sustainability of its manufacturing operations. The…