French tyre maker Michelin says it is buying Canadian firm Camso for US$1.45 billion to generate US$55 million of cost savings and increased sales by 2021. Camso, which averages net sales of US$1 billion, designs and manufactures off-the-road (OTR) material…
Category: Industry News
Sempertrans launches facility in the US
Sempertrans, which is part of the Austrian rubber/plastic company Semperit, recently celebrated the official opening of its new Atlanta location together with distributors and end-customers. While the Sempertrans USA team moved into the new location in Georgia in December 2017,…
New mining tyres from Michelin for extreme conditions
Michelin North America says it is launching its most aggressive answer for underground mining (UGM) tyres, specifically made for loaders and transport machines operating in extreme conditions. Available immediately, the X Mine D2 Pro and the XSM D2+ Pro Line are designed with…
Sinopec’s China SBR plant uses Topsoe CATOX catalyst for emission control
Denmark-based Haldor Topsoe has delivered the catalyst charge for a new regenerative catalytic oxidizer at the Sinopec Qilu styrene-butadiene rubber plant in Zibo – the biggest rubber producer in China and part of Sinopec Group, the world’s largest oil refining,…
Continental buys Czech machine tool manufacturer
Tyre company Continental has taken over the Czech machine tool manufacturer VÚK. The acquisition of VÚK strengthens Continental’s presence in the city of Otrokovice, Czech Republic, which is also the home to Continental’s largest tyre plant worldwide with 4,500 employees.…
Trelleborg acquires coated fabrics operation in the US
Swedish engineered polymers company Trelleborg has, through its Trelleborg Coated Systems business area, signed an agreement and finalised the acquisition of US-based privately owned company Laminating Coating Technologies, Inc. (Lamcotec). Lamcotec develops and manufactures polyurethane-coated and laminated fabrics primarily used in the…
Linglong breaks ground on 4th tyre facility in China
China’s tyre maker Shandong Linglong Tire recently held a ground breaking ceremony for its fourth facility at its Hubei Linglong Tire site in China. The plant will manufacture truck and bus tyres, passenger tyres and off-the-road (OTR) tyres with a…
TPVs promote sustainability; feature bio-based EPDM
Netherlands-headquartered synthetic rubber supplier Arlanxeo says its latest thermoplastic vulcanisates (TPVs) combine its Keltan Eco EPDM, said to be the world’s first bio-based EPDM, with green fillers, plasticisers and thermoplastics, resulting in EPDM products with up to 90% sustainable ingredients.…
Synthetic rubber market for BR/SBR to grow in Asia and in tyre sector
Butadiene rubber (BR) is the second most important rubber after styrene-butadiene rubber (SBR). BR is formed by the polymerisation of butadiene. Products made of BR offer very high resilience, good insulation properties, abrasion resistance, and remain flexible at low temperatures.…
Rubber tracks for defence/security market to reach US$144 mn
The global rubber tracks for the defence and security market is expected to follow gradual growth over a ten-year forecast period 2017-2027 and is poised for a CAGR of 3.9% over the assessment period and reach US$144.5 million by 2027, up from…