The transaction is expected to be finalised in the first quarter of 2012.
Category: Feature
Metal housing supplier bought by ElringKlinger
Hug is being further developed for exhaust treatment technology and filter substrates within ElringKlinger to serve primarily as a R&D site.
Lanxess to build plant in Russia
The EUR5 million plant will start up in 2013 and in 2016, a production facility for bladders used in tyre production will be added.
German rubber chemical facility opens in India
The relocation is due to good infrastructure and opportunities for future expansion offered by the large Lanxess site at Jhagadia and its proximity to key customers.
AfriRen obtains finance for Ghanaian rubber biomass
The site is being developed by its Takoradi Renewable Energy subsidiary as part of an US$8 million investment by AfriRen in biomass production in the West African nation.
Keyuan’s SBS line started up
The company began construction of its 70,000-tonne SBS production facility in September 2010 and completed construction last year.
AirBoss to pump up investments
While significant expenditures are planned for all three compounding facilities in Canada and the US, the largest refurbishment is planned for the Scotland Neck factory.
Guayule protected in markets
Yulex has taken up patents in the US, Europe, Mexico and South Africa to cover its commercial methods for latex and resin extraction from guayule
Latex dispersion conference in Kuala Lumpur
Smithers Rapra Technology iSmithers has selected Kuala Lumpur, Malaysia, as the venue for its seventh annual international conference on Latex & Synthetic Polymer Dispersions. To be held from 13-14 March
Rubber glut expected
Investment bank Goldman Sachs says world supply will increase 7% to 11.8 million tonnes as demand rises 3% to 11.4 million tonnes