Thailand-headquartered chemical maker Indorama Ventures Public Company Limited (IVL) has entered into an agreement to acquire Kordárna Plus a.s., the largest producer of tire cord fabrics in Europe. The Kordárna acquisition includes one production site in the Czech Republic and…
Category: Industry News
Evonik increases its precipitated silica capacity in Turkey by 400 ktonnes
German chemicals firm Evonik Industries is continuing to expand its silica production capacity in response to high demand within the tyre industry. Precipitated silica are an essential ingredient in tyres with reduced rolling resistance and, as part of Smart Materials,…
ExxonMobil Singapore starts up butyl and hydrocarbon resin plants
Kuraray forms jv with PTT and Sumitomo for butadiene output in Thailand
Japanese chemical firm Kuraray Co. Ltd has entered a into joint venture agreement with Thai petrochemical company PTT Global and chemical firm Sumitomo Corp. to produce butadiene derivatives. Kuraray will have 53.3% share in the jv while PTT and Sumitomo will 33.4% and…
Nokian to increase capacity in Finland; adding on more shifts
Finnish tyre maker Nokian Tyres is planning to increase its passenger car tyre production capacity at its Finnish factory by 30% by changing work shifts. It is currently running three shifts five days a week and by 2019, the factory…
Dow Performance and Momentive launch new silicone products
Dow Performance Silicones further enhanced design flexibilities and processing options for consumer device and display OEMs with the addition of two new products, Dowsil SE 9100 and Dowsil SE 9160 adhesives, to its portfolio of one-part, room-temperature cure (RTV) silicone…
Rose Mill acquires rubber additives processor
Rose Mill Company, a US-based processor of industrial chemicals and minerals, has acquired another US firm, rubber pre-weigh additives processor PPS/Chempac of Lebanon, TN. The acquisition provides for the continued production of pre-weigh additives as well as an expansion of…
Semperit to terminate production at Chinese conveyor belt plant
As part of a restructuring, Austria’s Semperit has decided to terminate production at the Sempertrans production site Best (ShanDong) Belting Co. Ltd. in the Shandong province on the Chinese east coast. “This step is part of the ongoing restructuring and…
Continental introduces V.ply portfolio with new compound and new radial tyres for ports
German tyre company Continental has introduced a new compound, Port Plus, for less abrasion, heat generation and longer service life for its new V.ply radial tyres for use in ports. This, Continental says, will expand its port tyre portfolio from…
SBR on a road of growth in Asia; to increase by 2% a year until 2025
Styrene-butadiene rubber (SBR) is the best-selling synthetic rubber and for decades, has been indispensable for many applications. In everyday life, SBR is mainly found in vehicle tyres. According to a recent market study by Ceresana, worldwide consumption for this elastomer…