US private equity firm Turnspire Capital Partners has completed the acquisition of the Goodyear air springs business from EnPro Industries. Goodyear Air Springs is the first acquisition of Infinity Engineered Products, a new platform formed by Turnspire. Headquartered in Ohio,…
Category: Industry News
Nynas successfully exits reorganisation
The District Court of Södertörn, Sweden has decided that Swedish naphthenic oil company Nynas’s company reorganisation is now complete, following a creditors meeting where the previously submitted composition proposal was accepted. “I am happy to announce this very important step for Nynas and that…
Mesnac “liquid gold” rubber mixing plant to come on stream by 2023
Mesnac Co., Ltd. (Mesnac), a Chinese rubber and machinery manufacturing group, announced its rubber wet-mixing production plant in Qingdao is set for 2023 commissioning; the plant is to produce nearly 300,00 metric tonnes of chemically mixed compounds (EVEC) to support…
Cranfield University, Meditech create sustainable, biodegradable NR latex gloves
Researchers from Cranfield University, UK, and Malaysian company Meditech Gloves, have developed biodegradable natural rubber (NR) gloves that spell the ideal future raw material for sustainable manufacturing. The special formulation of natural latex that makes the gloves is also free…
Toyoda Gosei’s new technology for tougher EPDM
Japanese chemical firm Toyoda Gosei Co., Ltd. and the Graduate School of Frontier Sciences, the University of Tokyo, have developed material crosslinking technology that enhances the toughness of synthetic rubber. This new technology enhances the toughness of the synthetic rubber…
Pyrolyx rCB unit in Indiana files for bankruptcy
The Indiana unit of tyre pyrolysis company Pyrolyx A.G. (PLX) has filed for bankruptcy following a failure to raise capital for a major plan to restructure company debt. The plan included the restructuring of around US$30 million in “senior debt”…
Bolder Industries, Continental Carbon to establish sustainability markets
Carbon black manufacturers Bolder Industries and Continental Carbon Company (CCC) have announced a co-marketing agreement to produce customised and sustainable products such as pre-blended fillers for the global rubber and plastics industry. Bolder and CCC will jointly supply the industry…
Michelin, Pyrowave partner to develop innovative recycling technology
Tyre major Michelin will work together with Canadian Pyrowave Inc. to develop a new plastics waste recycling technology that will purportedly yield commercially reusable styrene from everyday packaging or household appliances. The recycled styrene can be fed as raw material…
Vitol agrees to waste tyre-liquid fuel supply from Wastefront
Dutch energy trader Vitol has completed a new deal with tyre recycling company Wastefront – the 10-year offtake agreement outlines a supply order for waste tyre fuel produced at Wastefront’s Sunderland, England, plant due to be completed in 2023. The…
Tramaco launches expandable microspheres for TPE, silicone rubber
German chemical manufacturer Tramaco GmbH (Tramaco) has launched new expandable microspheres that enable the production of very low density, highly homogeneous closed cell foam structures for use in diverse fields of application. Tramaco said that the microspheres could even be…