Category: Industry News

Continental debuts a new production hall in Czech Republic

Continental recently inaugurated their new production hall of their molds and container manufacturer A-Z Formen- und Maschinenbau GmbH (AZ) in Horsovsky Tyn. Guests from local authorities, Vaclav Mothejzík – Mayor of Horsovsky Tyn, Josef Bernard– Regional Council President, Jan Latka…

Evonik to expand hydrophobic fumed silica capacities

Germany’s Evonik Industries is expanding its capacities for refinement fumed silica in Rheinfelden (Germany). The group will invest an amount in the low double-digit million euro range to expand its Rheinfelden facility, which further processes hydrophilic silica to a hydrophobic…

Hexpol acquires Kirkland Rubber for US$46m

Hexpol has recently acquired of the business of Kirkhill Rubber from the founder Edward Reker, his family and co-owners. Kirkhill as a company with experience in aerospace, automotive, medical, and other demanding industry segments, had started expanding into silicone and…

Trelleborg opens a new sealing centre in Germany

Trelleborg Sealing Solutions has celebrated the inauguration of its newly constructed Innovation Centre in Stuttgart, Germany. The centre would host the business’s global headquarters, its German headquarters and various global support departments, as well as a significantly extended R&D area…

Momentive acquired by KCC consortium for US$3 bn

US-based silicones company Momentive Performance Materials is to be acquired by a consortium led by South Korean building materials firm KCC Corporation, private equity fund SJL Partners, and semi-conductor equipment maker Wonik QnC Corporation in a transaction valued at approximately…