Against the back of a graphene global market expected to surpass US$400 billion by, OCSiAl, the world’s largest manufacturer of graphene nanotubes, has been granted approval by Luxembourg authorities for a production plant, together with an associated R&D centre, in Differdange,…
Category: Feature
Yokohama Rubber boosts hose production capacities at Ibaraki plant; restructures auto hose production in US, MX
Yokohama Rubber Co, a Japanese tyre manufacturer, is increasing production capacity at its Ibaraki Plant for high-pressure hydraulic hoses. The installation of a new line for spiral wire hoses, which are mostly used in construction machinery, is expected to expand…
Yokohama Rubber ramps up climate initiatives; supports TCFD task force
Yokohama Rubber Co (YRC), a Japanese tyre firm, has stated its support for the Task Force on Climate-related Financial Disclosures’ proposals (TCFD). The Financial Stability Board (FSB) established the TCFD in 2015 in response to a request from the G20…
Cabot breaks ground on compounds facility in Indonesia
Carbon black maker Cabot Corporation has broken ground on a new specialty compounds facility in Cilegon, Indonesia. The new facility is co-located with Cabot’s existing carbon black manufacturing site and will add 20,000 tonnes/year of global capacity for specialty compounds,…
Apollo and Tata Power to introduce EV charging infrastructure in India
India’s Apollo Tyres has tied up with Tata Power to expand the country’s electric vehicle (EV) charging infrastructure, with Tata to install charging stations at 150 of Apollo’s branded retail outlets, Commercial and Passenger Vehicle Zones (CV and PV Zones). Throughout the year, these…
Nokian introduces concept tyre made of 93% recycled materials
Nokian Tyres says it has introduced its “most” sustainable tyre, the Nokian Tyres Green Step concept tyre consisting of 93% of the materials either recycled or renewable. It moves the company even closer to its goal: by the year 2030,…
Purcell expands with Callender Tire acquisition
Purcell Tire & Rubber Co., based in Missouri, has acquired the Colorado-based tire dealership Callender Tire Inc. Purcell, one of the largest retreaders in the United States, expects the acquisition to broaden the market reach of its specialty retread product,…
Belt Power acquires Accurate Industrial Products
Belt Power, a full-service distributor and fabricator of belting and components for lightweight conveyor systems based in Marietta, Georgia, has completed the acquisition of Accurate Industrial Products, a Missouri-based fabricator and distributor of a wide range of lightweight belting products…
Frozen debt paid in full, Nynas reorganisation closed
In accordance with the agreement following the completion of rubber speciality chemical firm Nynas company reorganisation last year, trade creditors with remaining composition claims have now been paid in full. Nynas has today settled the payment in full to trade creditors with…
Hankook to supply eco-friendly formic acid to Indonesian rubber farmers
South Korean tyre company Hankook Tire says it is furthering its commitment to enhance the sustainability across its value chain for natural rubber, a primary raw material for tyres, announcing that it will provide formic acid to rubber farmers in…