Category: Industry News

Lotte Chemical to acquire JSR’s elastomer unit

South Korean advanced materials producer Lotte Chemical is acquiring the Elastomer Division of JSR, a Tokyo-headquartered company that supplies a diverse range of functional materials, synthetic rubbers, thermoplastic elastomers, performance chemicals and others. JSR’s asking price is reportedly up to…

Biesterfeld gets distribution rights to Denka acrylate rubbers

Hamburg-based distributor of high-performance polymers, technical elastomers, silicone rubber compounds, and additives,  Biesterfeld Performance Rubber is expanding its partnership with the Japanese chemical company, Denka by taking over the distribution of Denka ER acrylate rubbers. The new agreement covers all of Europe (with…

Russia to revise fiscal policy to support rubber producers

Russian President Vladimir Putin ordered to prepare amendments to fiscal laws providing for the use of a cushioning mechanism for synthetic rubber sales, according to the Russian news agency, Tass, citing the list of assignments posted on the Kremlin’s website early…