Category: Industry News

NN, Inc. to host annual investor day

NN, Inc., a diversified industrial company, will be hosting its third annual investor day on March 24, 2016 at the Westin Grand Central in New York from 9 a.m. to 12 p.m. EST.  The event will feature presentations from President…

GEAR 2030 launched to boost growth in the EU automotive sector

The European Commission has launched a new High Level Group for the automotive industry: GEAR 2030. Commissioner El?bieta Bie?kowska, responsible for Internal Market, Industry, Entrepreneurship and SMEs met representatives from the automotive sector in Brussels last January 26, 2016 to…

Dow names Neal Sheorey VP, Investor Relations

The Dow Chemical Company named Neal Sheorey as vice president of Investor Relations for the company. Sheorey succeeds Jack Broodo, who will become business president for Feedstocks and Energy within Dow’s Hydrocarbons business. Sheorey will report to Howard Ungerleider, Dow’s…

Omsk Carbon Group to build plant in Belarus

The construction progress of Omsk Carbon Group’s third production site – a carbon black plant – was discussed in Mogilev. Omsk Carbon Mogilev, the manufacturing facilities, which are being constructed in a Belarusian Free Economic Zone, will commence production in…

Emerson to automate petrochemicals project in Egypt

Carbon Holdings, the privately owned Egyptian petrochemical firm, chose Emerson Process Management to automate Carbon Holdings’ Tahrir Petrochemicals Project at Ain Sokhna, Egypt. Emerson’s initial scope of work is estimated at US$150 million. When completed, the approximately US$6.9 billion Tahrir…

Thai gov’t sets up 3,000 rubber purchase sites

The Thai government opened 3,000 purchase sites across the country to buy rubber from rubber farmers. Ministry of Agriculture and Cooperatives Mr Surapol Jarupong spokesman said that the Rubber Authority of Thailand will buy 100,000 tons of all type of…

Dayco opens sales office in Argentina

Dayco, an engine products and drive systems supplier for the automotive, industrial and aftermarket industries, today announced the opening of its new sales office in Buenos Aires, Argentina. Officially opened in October 2015, the office is expected to generate new…

Lanxess additives group to present at Tire Technology Expo 2016

The Rhein Chemie Additives (ADD) business unit of Cologne-based specialty chemicals company Lanxess is presenting at the Tire Technology Expo 2016 in Hanover from February 16 to 18. ADD rubber experts will present Lanxess’ predispersed, polymer-bound additives, processing promoters and…