Category: Industry News

Zeon launches IoT platform at facilities

Japan’s Zeon Corporation says it has developed and begun operating a new IoT platform to support companywide smart factory initiatives. The platform enables Zeon to visualise and leverage the diverse data generated at its manufacturing sites and R&D centre, helping…

ContiTech to expand US facility, invests US$85 mn

German firm Continental’s group sector ContiTech announced that it plans to invest more than US$85 million to expand its manufacturing operations in Mount Pleasant, Iowa. The plant expansion includes construction of a compounding centre that will integrate production, warehouse and…

Elkem supports silicone supply chain in Saudi Arabia

Silicone firm Elkem’s agent and distributor for silicone products in Central Europe, Middle East and Africa, Silstar, has entered into a joint venture with Saudi Multichem, a company specialising in the supply and formulation of chemical solutions, to establish the…

Yokohama Rubber to double capacity at Mexican plant

Japan’s Yokohama Rubber Co has announced that its Mexican subsidiary, Yokohama Industries Americas de Mexico, S. de R.L. de C.V. (YIA Mexico), will expand its production capacity. YIA Mexico manufactures air conditioning and transmission oil cooling hose assemblies for the…

Infra investment firm to acquire Liberty Tire Recycling

I Squared Capital, a global infrastructure investment firm headquartered in Miami, has signed an agreement to acquire Liberty Tire Recycling from Energy Capital Partners, a leading investor in energy transition infrastructure. The acquisition adds Liberty to I Squared’s expanding portfolio…

Lion Elastomers to shut rubber facility in Texas

With declining demand and profitability in North America’s butadiene elastomers, speciality polymers producer Lion Elastomers will cease rubber production at its Orange site in Texas, US, by the end of the year, affecting approximately 100 employees at a plant that has…