Germany-based specialty chemicals group Lanxess has taken a significant step forward in its planned acquisition of the US chemical company Chemtura. Chemtura’s shareholders approved the merger at a special meeting in Philadelphia, US where 99.8% of the votes cast were…
Category: Industry News
Wacker names Foster Corp exclusive distributor of medical silicone rubbers
German chemicals company Wacker Chemie AG has chosen Connecticut, US-based Foster Corporation, a provider of medical and pharmaceutical material solutions as the exclusive distributor of its Silpuran line of medical-grade silicone rubbers for the North American healthcare markets. Starting March…
Marangoni strengthens presence in Scandinavian market with Däcknor AB
Further strengthening its presence in Scandinavia, Italy-based global tyre retreading leader Marangoni Grouphas partnered with one of Sweden’s leading quality retreaders, Däcknor AB, through its core business Marangoni Retreading Systems. Däcknor’s roots extend back to the year 1944 when their…
Dow Corning widens medical-grade silicone solutions, healthcare capabilities
Dow Corning, a global leader in silicones, silicon-based technology and innovation and a wholly owned subsidiary of The Dow Chemical Company, continues to focus on driving innovation in healthcare through investments in state-of-the-art capabilities and new product technologies. Dow Corning…
Hankook Tire acquires Australia’s largest tyre retailer
South Korean tyre company Hankook Tire group will fully incorporate Australia’s largest tyre dealer, JAX Tyres, into its group after the successful its acquisition of the company from its Chairman Fred Hurrell and other shareholders. Following through the acquisition, Hankook…
Rogers expands portfolio with acquisition of Diversified Silicone Products, Inc.
Rogers Corporation is expanding the portfolio of its Elastomeric Material Solutions business (EMS)in cellular sponge and specialty extruded silicone profile technologies with the acquisition of Diversified Silicone Products, Inc. (DSP), a custom silicone product development and manufacturing business serving a…
Evonik’s silica/silane combo in green tyres cuts emissions, fuel consumption
Green tyres with S-SBR rubber grades and Evonik’s silica/silane combination technology have proven to have significantly lower rolling resistance, resulting in a reduction in fuel consumption by 5% and thus lower carbon dioxide (CO2) emissions compared to conventional tyres made…
SK Capital to sell Archroma; Synthomer, Advent and Apollo Global contenders
SK Capital Partners, a US-based private investment firm, is planning to divest Swiss business Archroma, which it acquired from Swiss chemicals firm Clariant in 2013, according to Reuters. Archroma was formed in 2013 from the textile chemicals, paper specialities, and…
Materials: Evonik’s new coating lab in Turkey; Arlanxeo strengthens EPDM position with new quality control lab in Netherlands
chemicals firm Evonik has opened a new Coating Additives laboratory at its Tuzla (Istanbul), which includes a customer service centre to support customers with the development of surface coatings in Turkey and throughout the Middle East. The application technology laboratory…
Global tyre chemicals market to go over 42.58 mn tonnes by 2025
The global tyre chemicals market is expected to grow at a moderate pace, surpassing 42.58 million tonnes by the year 2025, according to a new report by Research and Markets titled “Global Tire Chemicals Market By Type (Natural Rubber, Synthetic…