Category: Industry News

Denka to increase production of CR by 10,000 tonnes

Japanese firm Denka Co. Ltd., recently revealed plans to deal with globally tight supply for Chloroprene Rubber (CR), and to increase its production of CR by 10,000 tonnes. Plans include resuming operations at its domestic Omi Plant and removing bottlenecks…

Hankook acquires digital solutions company

South Korean tyre company Hankook Tire has acquired a 75% share of Model Solution, a South Korea-based digital prototype solution company, for US$62 million. The acquisition is in line with the company’s strategy to secure new growth engines by aggressively…

Phillips Carbon Black to set up plant in Tamil Nadu

RP-Sanjiv Goenka Group heavy engineering outfit Phillips Carbon Black (PCBL) is setting up a greenfield manufacturing unit near Ennore in Tamil Nadu with an investment of Rs 600 crore. The chairman of the group, Sanjiv Goenka, told reporters here that the…

Ecolomondo to set up tyre recycling plant in Canada

Canada’s Cleantech company Ecolomondo Corp. is acquiring land in Hawksbury, Ontario, for a tyre recycling plant. Ecolomondo Corp. expects to process approximately 13,000 tonnes/year of tyre waste with the latest generation thermal decomposition technology (TDP) in a 52,000 sq-ft facility.…

MacLellan secures rubber contract for pipeline

UK’s MacLellan Rubber has been selected by one of the country’s premier gasket cutters to supply Natural Rubber material for the second phase of a pipeline Bearing Pad contract; the first phrase was awarded mid-2017. MacLellan’s part of the multi-million…