Category: Industry News

Marangoni sets up franchisee in North India

Italian retreading specialist Marangoni Group, that started its franchising operations in India in mid-2018, has established what it says is its first exclusive franchisee in North India. The business, Manoj Tyres, an existing retreader at Kanpur, one of the largest…

Hainan Rubber to acquire stake in Halcyon Agri

China Hainan Rubber, a state-owned holding company in China listed on the Shanghai Stock Exchange, has made a cash offer to acquire 574.2 million shares in the capital of Singapore-listed Halcyon Agri Corporation for approximately US$180.9 million. The number of shares…

Enviro receives pyrolysis oil order from Preem

Tyre recycler Scandinavian Enviro Systems says it has received a recovered tyre pyrolysis oil order worth approximately US$190,000 from Swedish fuel company Preem. The oil will be delivered in the first quarter 2023 and used by Preem for production tests.…