Swedish chemical firm Nynas says it is no longer being blocked pursuant to the Venezuela Sanctions Regulations of the US Treasury Department’s Office of Foreign Asset Control (OFAC). As a result of a corporate restructuring of the ownership of Nynas…
Category: Industry News
Indonesian ministry to buy rubber from farmers for rubberised asphalt
The Indonesian Public Works and Public Housing Ministry (MPWH) has planned to purchase at least 10,000 tonnes of rubber from farmers for use in rubberised asphalt, to help with the otherwise poor absorption of the commodity by the market amid…
Kumho Tire temporarily reopens Georgia, US, plant in early May
South Korean tyre manufacturer Kumho Tire USA (Kumho Tire) has resumed production at its US$450 million plant in Macon, Georgia, from May 5 and is scheduled to keep running “under enhanced safety precautions” until May 15. Additionally, the company will…
Ceat “in a rut” over business for next 12 months; MD expects 25% dip in tyre industry
Ceat Tyres’ Ltd. (Ceat) Managing Director, Anant V. Goenka, is uncertain about the viability of the business for the next 12 months, where a V-shaped demand revival after the end ofa national lockdown, due to COVID-19, seems rather unlikely. Goenka…
Arlanxeo moves hq to the Hague to be closer to parent company
Synthetic rubber maker Arlanxeo has moved its corporate headquarters from Maastricht to The Hague, Netherlands, in what it says is to forge closer ties with its parent company, Saudi Aramco. Arlanxeo was established in April 2016 as a joint venture…
Bridgestone acquiring German tyre distributor Reiff Reifen
The Bridgestone Corporation (Bridgestone) is acquiring German tyre retail, wholesale and retreading company Reiff Reifen & Autotechnik GMBH (Reiff) in a deal for UK-based Fintyre Group. FinTyre acquired Reiff in August 2017, however, according to insolvency administrators Jaffé Lawyers, the…
US rubber manufacturer opts to make silicone straps, medical face shields for COVID-19
Midwestern company Ottawa Rubber is currently manufacturing 600,000 silicone rubber face shield straps and 18,000 clear plastic face shields needed by health care providers and other “critical” workers in Ohio, US. More than half of the rubber company’s manufacturing staff…
Mexican company uses tyre waste to produce long-lasting waterproofing membrane
To counter the tyre waste plaguing Mexico, local company a3p has developed a rubber-based waterproofing membrane –the highly flexible and long-lasting Imperllanta – from old tyres. While some types of waterproofing must be reapplied annually, the environmentally-friendly Imperllanta can last…
Covid-19: Pirelli to start operating Italian factories
Italian tyre maker Pirelli is preparing for a gradual return to activity at its factories on 4 May, starting off with a lower production level, due to the current reduced demand. The plan, it says, is aimed at ensuring the maximum…
JXTG considering EPDM monomer output in Middle East
JXTG Nippon Oil & Energy Corporation (JXTG) is to conduct the feasibility study of a new Ethylidene Norbornene (ENB) plant, to be built in Jubail, on Saudi Arabia’s eastern coast, as part of the petrochemical Amiral complex, announced by Saudi…