Category: Industry News

Michelin to close French-based tyre factory

French tyre manufacturing giant Michelin will close its truck tyre factory at La Roche-sur-Yon, in western France, as it faces competition from Asian manufacturers in a poorly auto industry. The closing of the factory will affect some 619 employees, and…

Trinseo completes acquisition of Dow’s German latex assets

Trinseo, a solutions provider for plastics, rubber and latex binders, has completed the acquisition of US Dow Chemical’s (Dow) latex production facilities at Rheinmunster, Germany. The approximately US$44 million transaction includes full ownership and operational control of two latex production…

Nokian commissions production at Tennessee, US, tyre factory

Premium tyre manufacturer Nokian Tyres (Nokian) has recently inaugurated its Dayton, Tennessee, passenger/light truck tyre factory – the company’s third overall and first outside of Europe – some two years after breaking ground on the US$360 million project.The Dayton factory…