In a move that strengthens its integrated downstream expansion strategy, the Saudi Arabian Oil Company (Saudi Aramco) has purchased the breakthrough Converge polyol product line and associated operations and technologies from US-based chemistry technology development company Novomer Inc. According to…
Category: Industry News
ANRPC members elect India as chairman, Vietnam as vice-chairman
Members of the Association of Natural Rubber Producing Countries (ANRPC) have unanimously elected India as the new chairman of the intergovernmental organisation in the 39th Assembly Session of ANRPC held last month at Guwahati in India. Taking over from the…
AkzoNobel expands polymer chemistry business with new facilities in China
AkzoNobel, the world’s largest producer of organic peroxides for the cross linking of elastomers, silicone rubbers and thermoplastics, expands its polymer chemistry business in China with the inauguration of new specialty chemicals facilities at its multi-site in Ningbo, China and…
Solvay increases silica production capacity in its Chicago Heights plant
Solvay, a Brussels, Belgium-based international chemical and advanced materials company, increased the production capacity of its silica plant in Chicago Heights, Illinois in the US by 10,000 metric tonnes (MT) to further extend its reach in the North American market.…
MPIC minister: No special fund to raise rubber prices in Malaysia
The Malaysian government does not have a special fund dedicated to help raise the rubber prices in the country, according to the country’s Ministry of Plantation Industries and Commodities (MPIC) and its minister Datuk Seri Mah Siew Keong. However, the…
Asahi Kasei boosts S-SBR production capacity as market growth continues
Global Japanese chemical company Asahi Kasei plans on boosting its solution-polymerized styrene-butadiene rubber (S-SBR) production capacity as part of the medium-term expansion strategy of its Performance Polymers Strategic Business Unit (SBU), according to the company’s recently released document regarding the…
Pirelli celebrates 10th year in Romania with further EUR200 mn investment
Celebrating its 10 years of industrial presence in Romania, Italian multinational company Pirelli announced an additional investment of EUR200 million at the Slatina production hub through 2021 to highlight the site’s strategic importance to the group’s activities. Pirelli’s Executive Vice…
BFGoodrich enters off-road accessories segment with Remington Industries
Michelin’s BFGoodrich Tires brand is entering the off-road automotive accessories category in a new partnership with automotive accessories manufacturer Remington Industries. The Ooltewah, Tennessee-based manufacturer will produce automotive floor protection and interior accessories under the BFGoodrich Tires brand name, offering…
Goodyear Dunlop approves closure of Philippsburg tyre manufacturing plant
The Goodyear Tire & Rubber Company has recently approved the planned closure of Goodyear Dunlop Tires Germany GmbH’s tyre manufacturing facility in Philippsburg, Germany that produces passenger car and light truck tyres. The move is part of the company’s strategy…
Volkswagen to buy back cars in US$14.7 bn diesel emissions settlement deal
German automaker Volkswagen AG will start buying back its polluting cars starting mid-November this year as a US judge recently approved a US$14.7 billion deal arising from the company’s diesel emissions cheating scandal. US District Judge Charles Breyer in San…