German technology firm Continental has acquired the conveyor and maintenance company Vulk & Montage, based in Karlstad, Sweden. This acquisition complements the portfolio of Continental and establishes the technology company in the heart of Sweden’s industrial area. It had in…
Category: Feature
Tokai Carbon to construct carbon black plant in Thailand
Japan’s Tokai Carbon is to construct a new plant of its consolidated subsidiary Thai Tokai Carbon Product Co. (TCP) in Sriracha, Thailand. TCP was established in 1989 and has been engaged in the production and sale of carbon black, which…
KraussMaffei moves to new machinery plant in Germany
After two years of construction, German machinery company KraussMaffei has moved to its new plant, from Hanover to Laatzen. Covering 97,000 sq m, it offers space for up to 750 workplaces for the production of extrusion systems and recycling equipment for…
Auto parts in Mercedes to use ELT-pyrolysis oil from Pyrum/BASF
End-of-life tyres (ELT) recycler Pyrum Innovations is closing material cycles together with German materials firm BASF SE and auto maker Mercedes-Benz, in line with Mercedes’s target to increase the share of recycled materials in its passenger car fleet to an average…
Azelis strengthens presence in Turkey with acquisition of rubber additives provider
Speciality chemicals firm Azelis says that it has signed an agreement to acquire 100% of the shares of Dagalti Kauçuk San. (Dagalti), a specialty chemicals distributor active in the Turkish rubber and plastics additives (R&PA) market. The acquisition of Dagalti…
Bridgestone to invest US$26 mn in SEA rubber plantations
Japan’s Bridgestone Corporation says that it has approved plans to strengthen investments in natural rubber plantations it owns in Southeast Asia, by pumping in US$26.7 million by 2030, to enhance productivity of the plantations. It adds it will double harvest…
Klean partners with digital firm to further blockchain for tyre recycling
Canadian tyre recycler Klean Industries says that it has partnered with digital solutions firm Kodexe to further develop and implement the KleanLoop DApp Blockchain SAS platform that will be used to track all waste and recyclables for the global marketplace.…
Bridgestone to invest US$50 mn in upping motorcycle tyre and hose capacities
Japanese tyre maker Bridgestone Corporation says it has decided to make an investment in its Nasu plant, Japan, in order to expand the capacity for motorcycle tyres. The total investment amount is approximately 1.7 billion Japanese yen (US$12 million). It…
EU safety regulation requires TPMS on truck/bus tyres
Under the new European vehicle general safety regulation, which came into force early July, truck and bus tyres are legally required to have tyre pressure monitoring systems (TPMS). The regulation introduces a range of mandatory advanced driver assistant systems to…
Continental strengthens conveyor belt business with acquisition
German firm Continental has acquired the conveyor belt systems and services specialist NorrVulk AB, based in Gällivare, Sweden. This acquisition complements the technology company’s portfolio for the sale of conveyor belt systems and related services and strengthens its business with…