Switzerland-headquartered building materials specialist, LafargeHolcim is acquiring US-based commercial roofing and building envelope solutions company, Firestone Building Products (FSBP) for US$ 3.4 billion. Founded in 1980, FSBP is a business unit of Bridgestone Americas and part of Tokyo-based tyre maker Bridgestone Corporation.…
Category: Industry News
Momentive to take over KCC’s Silicones business in UK, Sokor
US-headquartered silicones and advanced materials company, Momentive Performance Materials has reached a definitive agreement to acquire KCC Corporation’s (KCC) Silicones business in Korea and the UK, as well as its sales operations in China, further enhancing Momentive’s global capabilities in advanced…
IRSG forecasts rubber growth to rebound by 7% in 2021
Singapore-headquartered International Rubber Study Group (IRSG), in its latest data on production, consumption, trade and prices, covering both natural rubber (NR) and synthetic rubber (SR), says for the year 2021 total rubber demand is forecasted to rebound by 7.1%, under…
Sabah rubber gets a leg up with regreening initiative, monsoon aid
The Sabah state government aims to boost its 100-million tree planting campaign with 36 million trees to be planted within a period of five years in conserving and regreening areas that have been exploited, according to Chief Minister Datuk Hajiji…
Demand for green tyres to buoy up high dispersible silica markets says report
The tyre industry continues to fuel demand for high-dispersible silica market, poised to reach US$ 1.8 billion by end of 2027, according to a new report by Transparency Market Research. High-dispersible silica is a form of precipitated silica, an active…
Car tyre chemical liable for salmon kill – researchers
Researchers at the University of Toronto Scarborough helped discover a chemical by-product in tyres that may be responsible for killing wild salmon. The chemical by-product, which a team of researchers in the US found, is likely responsible for killing wild coho salmon and is…
Bridgestone settles copyright infringement suit against Chinese company
Japanese multinational corporation Bridgestone has reached a judicial settlement – by conciliation order – with regard to the copyright infringement lawsuit filed against a Jiangsu garment company in Suzhou Intermediate People’s Court, China. To resolve the case, the garment company…
TIA introduces easy-to-use tyre recycling guide
The Tyre Industry Association’s (TIA) Environmental Advisory Council (EAC) has introduced a glossary containing definitions of key terms and technologies used in the tyre and rubber recycling industry. As more businesses become concerned with sustainability, the glossary is expected to…
ANRPC predicts short-term gain in NR prices
The Association of Natural Rubber Producing Countries (ANRPC) expects natural rubber (NR) prices to rise in the short term, due to factors such as tight supply and high demand thanks to a COVID-19-focused economic recovery. The association also expects the…
Wacker launches renewables-based silicone sealants
German chemical firm Wacker is extending its silicone portfolio to include silicone sealants based on renewable raw materials. With its Elastosil eco brand now launched in Europe, the Munich-based firm is able to offer products manufactured using bio-based methanol to…