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…