China’s Pengling Group and France’s Del Monte Group recently signed an agreement that is said to be an important milestone in the development of both parties in the automotive sector. Founded in 1965, Del Monte Group has now developed into a manufacturer of automotive…
Category: Industry News
Nok opens technical centre in China; to cater to EV market
Sealing company NOK Corporation recently opened its NFC Technology Centre in Wuxi, China, to strengthen its locally-led development structure and accelerate its response to future growth areas such as the electric vehicle (EV) market.?The technology centre is managed by NOK-Freudenberg…
Lummus to license Innovent’s tyre pyrolysis technology
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Innovent Renewables announced the signing of a Memorandum of Understanding (MoU) to work toward licensing and deploying Innovent’s continuous tyre pyrolysis technology globally. Under an agreement outlined…
Researchers develop natural rubber that resists cracking
Natural rubber, one of the world’s most widely manufactured biomaterials, has been used by humans for thousands of years. Its resistance to crack growth, however, hasn’t improved much for decades. Until now. Materials researchers at the Harvard John A. Paulson School…
Zeon ties up with SiAT to advance next-gen CNT battery manufacturing
Japanese chemical firm Zeon and Sino Applied Technology (SiAT), a Taiwanese manufacturer of advanced nanomaterials for next-generation batteries, have entered into a partnership. As part of this collaboration, Zeon will lead a US$20 million USD Series C fundraising round in…
Enviro renews contract for pyrolysis oil with US oil company
Scandinavian Enviro Systems says it has renewed a delivery agreement concerning pyrolysis oil from the Åsensbruk facility with what it says is “a leading American oil company”. The ISCC EU certified oil will be used by the oil company for the production of biofuel. The order…
Wacker makes available carbon footprints for its product range
German chemical firm Wacker says customers now have access to comparable sustainability data for the company’s products. This information will be based on “cradle-to-gate” production and emission data for everything Wacker produces. A software system from AllocNow uses this data…
Michelin to construct EUR60 mn demo plant for 5-HMF in France
French tyre company Michelin has announced what it says will be the construction of the world’s first industrial demonstration unit for the 5-HMF green chemistry-based molecule. This bio-sourced and non-toxic molecule can replace ingredients derived from fossil fuels in a wide…
India’s BKT outlines US$400 mn expansion plan; to boost tyre range
Mumbai-based tyre maker Balkrishna Industries Ltd (BKT) has unveiled an ambitious strategic roadmap targeting revenue of US$2.6 billion by 2030, representing a significant expansion from its current operations focused primarily on off-highway tyres. The company presented its five-year plan to the…
Yokohama Rubber invests US$35 mn in idled tyre plant to expand in Romania
Japanese tyre maker Yokohama Rubber has acquired a former tyre manufacturing facility in Romania for US$35 million to expand production capacity for off-the-road (OTR) tyres in Europe. The purchase of the plant in Drobeta-Turnu Severin through subsidiary Yokohama TWS Romania…