Scandinavian Enviro Systems (Enviro), based in Sweden, and US’s Treadcraft Carbon will soon establish a plant for the recovery of used vehicle tyres – the two companies have signed a term sheet on the deal and will finalise the final…
Indian tyre-maker JK Tyre & Industries Ltd (JK Tyre) has opened its 500th outlet in the city of Muzaffarpur, Bihar. The Xpress Wheels outlet serves to provide JK Tyre’s exclusive customer service and consolidates the company’s presence in India’s tyre…
India’s JK Tyre & Industries (JK Tyre) has inaugurated its first retread centre in Pokhara, Nepal. The strategically-located retread centre is fitted with advanced technology/machinery and trained manpower to cater to the potentially demanding market of truck tyres and will…
Southern Thailand is currently wary of the pestalotiopsis disease (fungal disease) that could threaten their natural rubber (NR) plantations. The subject was discussed at a meeting by the International Rubber Consortium (IRCo) on August 16, 2019. Representatives of the board,…
US custom moulded rubber, plastic and sealing components maker Vanseal Corporation, along with sister companies Ritus Corporation and Classic Molding, has been acquired by Blue Point Capital Partners (BPCP). “This is an exciting new chapter for our engineering-driven platform, talented…
Norwegian silicones firm Elkem ASA has acquired Basel Chemie, a South Korean producer of specialty silicone gels for cosmetics and water repellents for the construction industry, for US$26.9 million. Elkem says the acquisition gives it access to leading technology in…
Chinese tyre maker Doublestar Group, which launched a scrap tyre pyrolysis plant in Henan Province to tackle pollution from waste tyre recycling, has started the initial operations of said plant.The US$49.3 million factory is able to process 100,000 tonnes of…
Nokian Tyres (Nokian), based in Nokia, Finland, is implementing several efficiency measures in their operational activities following increased costs from ongoing research and developments and employee recruitments. These include job cuts as well as structural changes in the tyre manufacturer’s…
Indian rubber-producing state Tripura is seeking to increase production with a new “rubber clone” suited to the agro-climatic conditions of northeastern India. The engineered variety of rubber, produced by the Rubber Research Institute of India (RRII), will soon be commercially…
Balkrishna Industries (BKT) is suspending works on its US plant project in light of the challenging business environment, which includes volatile weather conditions. The new US$100 million tyre factory would be BKT’s first outside of India and its fifth plant…