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…
Category: Industry News
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…
MRF to donate more than US$3mn to COVID-19 relief initiatives in India
Madras Rubber Factory Ltd. (MRF), a tyre manufacturer based in India, has revealed that it will contribute as much as INR25 crores (US$3.28 million) to support various COVID-19 initiatives within the country. The COVID pandemic is one of the toughest…
Sibur’s new Russian plant to produce synthetic NBR latex for technical, medical gloves
Russian petrochemicals company Sibur plans to launch commercial production of synthetic nitrile butadiene rubber (NBR) latex at its Krasnoyarsk site in eastern Siberia, Russia. The company said the new Krasnoyarsk Synthetic Rubber Plant will be crucial for “import substitution of…
Saipem to build US$150 mn PBR plant in Egypt
Italian petchem company Saipem, leading a consortium with Egypt-based Petrojet, has been awarded a contract by Egyptian Ethylene & Derivatives Co. (Ethydco) for the first polybutadiene-producing facility in Egypt, with an expected production capacity of 36,000 tonnes/year. Saipem and Petrojet…