Category: Industry News

Hexpol acquires Preferred Compounding for over US$230 mn

Swedish Hexpol Group has acquired rubber compounder Preferred Compounding (Preferred) from US-based Audax Group, for approximately US$232 million, on a cash- and debt-free basis. The acquisition aligns with Hexpol’s market strategy for enhanced global capacity and competence in advanced polymer…

Orion to expand specialty CB capacity in Germany

International carbon black (CB) supplier Orion Engineered Carbons (Orion) is to expand its Cologne plant in Germany, for the highly-reinforced Gas Blacks production, in response to global market demands for water-borne and solvent-borne coatings. Orion’s Gas Blacks feature fine and…

Vietnam’s HAGL Agrico to sell rubber division to Thadi

Vietnamese agricultural developer Hoang Anh Gia Lai Agricultural (HAGL Agrico) is to sell off its subsidiary Indochina Rubber to Thadi Agriculture. Indochina Rubber processes rubber products and is involved in local afforestation and forest conservation efforts, construction and trading industrial…

Apollo presents new tyre brand for Indian LTs

India’s fast growing light truck (LT) vehicle category reportedly demands over 100,000 tyres monthly; from a spike in rural demand which is supported by improved logistics connectivity. As such, Apollo Tyres has launched EnduMaxx tyres, exclusively for the pick-up truck.…