Category: Feature

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…

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…

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…

LKL plans to enter rubber gloves, PPE sector

Malaysia-based LKL International Bhd (LKL), an investment holding company involved in the manufacturing and trade of medical equipment and accessories, is planning to diversify into the rubber gloves and personal protective equipment (PPE) sector. The company is reportedly proposing a private placement…

Trelleborg divests Norwegian offshore oil & gas operation

Swedish engineered polymer solutions firm Trelleborg has reduced its assets in the offshore oil & gas segment after divesting its offshore operation in Norway. In the financial statements the operation is recognized among Assets held for sale. It had annual sales of…