South Korea’s DL Chemical, a subsidiary of DL Holdings Co (formerly Daelim Industrial Co), will acquire 100% of US-based Kraton Corporation, a producer of specialty polymers and bio-based products derived from pine wood pulping co-products. The all-cash transaction has an…
Category: Feature
Trelleborg expands in Russia, Vietnam, Japan, and Morocco
Trelleborg Group is expanding geographically by establishing manufacturing operations in Russia, Vietnam, Japan, and Morocco. These will be the group’s first fully owned production facilities in these countries. The total investment amounts to just under SEK300 million, allocated over five…
Tyrexpo Asia 2021 becomes fully digital
After announcing in August, that Tyrexpo Asia 2021 in Singapore would become a hybrid exhibition, alongside the three day ‘live’ event, Tarsus Southeast Asia, organiser of the show, now say that with high travel restrictions in place, Tyrexpo Asia 2021…
ANRPC reports on impact of Covid-19 surge, strong dollar on Asian rubber
Supply strained by virus spread The persisting spike of coronavirus cases in Thailand, Indonesia, Viet Nam, and Malaysia- which together account for nearly 70% of the global production of natural rubber (NR), has raised new concerns over the supply of…
Akrochem forays into paint, coatings sector with new acquisition
US rubber chemicals and compounding materials provider, Akrochem has secured Texas-sited Bech Chem LLC, a company with more than 25 years of experience in the global chemical supply chain. The transaction is effective immediately, and Akrochem said it continues to…
Michelin takes anew 20% Enviro Systems shares
French tyre maker Michelin has reportedly secured again a total of 20% of the shares in Gothenburg-headquartered tyre recycling company Enviro Systems following the dilution of its holding in May as a result of the completed new issue. The increase in its…
Bridgestone to sell SR subsidiary in China to LCY Chem
Bridgestone Corporation has planned to sell Bridgestone (Huizhou) Synthetic Rubber Co, Ltd, (BSRC) its subsidiary in China manufacturing synthetic rubber for passenger car tyres, to Taiwan-headquartered LCY Chemical Corporation, a company which operates materials and chemicals business on global basis.…
Orion Engineered Carbons pioneers renewable carbon black in tyre treads
Orion Engineered Carbons SA, a Luxemburg-headquartered global supplier of specialty and high-performance carbon black has launched Ecorax Nature, the first highly reinforcing carbon black grade developed for rubber applications utilising industrial grade, plant-based oils; a renewable, non-fossil derived feedstock, which can…
Toyoda Gosei begins shipment of e-Rubber “Smart Insoles” samples
Japanese rubber and plastic auto parts producer Toyoda Gosei Co, Ltd has developed “Smart Insoles” with embedded e-Rubber sensors that can obtain foot pressure data during movement. The company began shipping samples of Smart Insoles to a golf school operated by…
Eneos acquires JSR Corporation’s elastomers business
Japanese petroleum company Eneos Corporation has signed an agreement with Japanese synthetic rubber manufacturer JSR Corporation to acquire the latter’s elastomers business, which includes the manufacture and sale of synthetic rubber. JSR, whose main product is solution polymerisation styrene-butadiene rubber…