Germany-based Continental’s Executive Board has informed the Supervisory Board to spin off the Automotive group sector. Subject to the approval of the Supervisory Board in March 2025 and resolution by the Annual Shareholders’ Meeting of Continental AG on 25 April…
Category: Industry News
ZC Rubber starts up Indonesian plant
China’s ZC Rubber recently commemorated the start up of Phase I of its production at its Indonesian manufacturing plant, PT. Matahari Tire Indonesia (MTI), located in Kendal Industrial Park, Central Java. The US$280 million facility, ZC Rubber’s second overseas plant,…
Michelin/Brembo tie-up to boost braking safety
Italian producer of braking solutions Brembo and French tyre maker Michelin have tied up to exploit the full potential of their intelligent solutions to revolutionise vehicle performance and offer drivers safety and comfort standards, they say. For this partnership, Michelin and Brembo combined their…
Novonix receives DOE loan for graphite plant in US; start up in 2028
Australian synthetic graphite maker Novonix Ltd has received a conditional US$755 million loan from the US Department of Energy (DOE) to build a manufacturing plant in Chattanooga, Tennessee, US. The plant is expected to reach full capacity by end of 2028. The…
Westlake invests in “green” graphene firm
US-based Westlake Innovations Inc, a subsidiary of Westlake Corporation, has invested in Universal Matter Inc, which has pioneered and patented Flash Joule Heating (FJH) technology that allows for industrial-scale upcycling of carbon waste streams into graphene and graphitised carbon. Terms were not…
Covestro to invest in pilot recycling plant for elastomers used for forklift tyres
German materials firm Covestro says it plans to build a pilot plant for recycling of elastomers. The investment in the double-digit million euro range is used to fund the development and construction project of the pilot plant at Covestro’s site in Leverkusen, Germany.…
Eneos to take full control of SSBR jv; MOL to sell stake
Hungarian oil and gas company MOL and Japan’s Eneos Materials Corporation recently signed a sale and purchase agreement whereby Eneos will buy MOL’s 49% stake in the joint venture Eneos MOL Synthetic Rubber (EMSR). After the transaction, Eneos will be 100%…
Beontag partners with Michelin for RFID-enabled smart tyres
Beontag, one of the world’s largest manufacturers of self-adhesives and smart tags such as RFID and NFC, has launched a new partnership with French tyre manufacturer Michelin, that will see its TireTag technology incorporated into millions of new commercial and…
Sumitomo Rubber opts for Rockwell to digitalise operations globally
Japan’s Sumitomo Rubber Industries has selected automation specialist Rockwell Automation to support its digital transformation across its global tyre and rubber manufacturing operations. Sumitomo Rubber, known for its Dunlop and Falken brands, will deploy Rockwell’s FactoryTalk ProductionCentre, a manufacturing execution system (MES)…
Graphet opens agricultural waste-to-graphite facility in Malaysia; claims sustainable ops
Carbon materials supplier Graphjet Technology, which was set up in 2019 to produce artificial graphite from biomass waste residues from palm oil, has started up its first commercial-scale green graphite facility in Subang Jaya, Selangor, Malaysia. It says that the facility is the world’s first commercial-scale plant capable of…