Trinseo a US-based global materials company and manufacturer of plastics, latex binders and synthetic rubber has entered into an agreement with SK AA Holdings, an affiliate of Falcon Private Holdings, LLC, to acquire Aristech Surfaces, a North America manufacturer and…
Category: Industry News
New Mountain Capital’s ILC Dover to acquire Flexan
ILC Dover, a US innovative design and manufacturer of engineered products, and portfolio company of New York-based investment firm New Mountain Capital is set to acquire Flexan, an Illinois-headquartered medical device contract design and manufacturing company that specialises in silicone,…
China’s JGST to build EUR166 mn tyre factory in Cambodia
Wuxi-headquartered Jiangsu General Science Technology (JGST), a company engaged in the research and development, manufacture and sales of tyre, is building a EUR166 million tyre factory in Cambodia. The plant, which will be sited at Sihanoukville special economic zone, will have…
Orion, RISE to jointly produce commercial-scale renewable carbon black
Orion Engineered Carbons, a global supplier of specialty and high-performance carbon black and the state-owned RISE Research Institutes of Sweden tied up in a project to develop and produce renewable carbon black. This collaboration represents an important step towards more…
Malaysia’s latex, gloves markets still strained due to Covid-19 – ANRPC
According to the Intelligence Market Report of the ANRPC (Association of Natural Rubber Producing Countries) for 1 July-15 July, latex prices in the Kuala Lumpur local market fell 5.7% between 30 June and 15 July because of, among a number…
ICD rebrands with new name; leverages innovative silicone chemistries
ICD, a US-headquartered water-based coatings manufacturer will begin operating under a new name – ICD High Performance Coatings + Chemistries. According to its CEO and President Kris Vockler, the rebrand strategy represents not only a name change but its “vision…
Allow glove factories to operate under EMCO – MARGMA
The Malaysian Rubber Glove Manufacturers Association (MARGMA) is reportedly urging the Government to permit glove factories, specifically in Selangor, to operate under the Enhanced Movement Control Order (EMCO). It has emphasised the necessity of gloves in curbing Covid-19 and transmission…
Hextar expands specialty chem business with Nobel Group acquisition
Malaysia-headquartered agrochemical company Hextar Global Bhd is acquiring Nobel Synthetic Polymer Sdn Bhd and Nobel Scientific Sdn Bhd – collectively known as Nobel Group- for RM105 million. The Nobel Group provides high performance, custom-made anti-tack rubber lubricants and coatings for…
Tyre, rubber org lobbies for rubber exclusion from EU deforestation law; civil groups hit exemption plea
The issue of deforestation is central to the proposed European Union (EU) legislation to protect the world’s forests and ecosystems. The EU, which according to a Greenpeace report, is “a major consumer and financier of products from global forest and…
Dow to increase capacities for silicones, PG and speciality materials
US chemical major Dow has announced a series of capacity expansions for its silicones, propylene glycol (PG) and specialty materialsunits to support growing demand across key end-markets, all of which, it adds, continue to grow faster than GDP. In PG, it is expanding its Thai facility to up…