LyondellBasell, one of the world’s largest plastics, chemical and refining companies, is advancing plans to build the world’s largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area. This project, considered to be the largest of…
Category: Industry News
Rubber processing chemicals market worth US$4.8 bn by 2020
The Rubber Processing Chemicals market is projected to reach US$4.8 Billion by 2020, with a CAGR of 5.4% between 2015 and 2020, says a new report by MarketsandMarkets. The rubber processing chemicals market is mainly driven by the growth in…
Dow Corning awarded for silicone adhesive technology
Dow Corning Corp. announced that a silicone adhesive technology it recently developed alongside Delphi Automotive PLC has earned one of R&D Magazine’s prestigious 2015 R&D 100 Awards. Dow Corning and Delphi received the award for Dow Corning EA-7100 Adhesive, a…
Zochem goes global
Ontario-based Zochem Inc., one of the world’s premier zinc oxide producers, will embark on several initiatives for 2016 to increase its existing presence in global markets outside of North America. The company will soon open a warehouse/distribution center soon to…
Thailand tyre market to grow at 8% by 2020
According to TechSci Research report, “Thailand Tyre Market Forecast & Opportunities, 2020”, the tyre market in Thailand is forecast to grow at a CAGR of more than 8% during 2015 – 2020 on account of anticipated increase in automobile production,…
MOL Group expanding synthetic rubber business in Hungary
MOL Group inaugurated a new butadiene extraction unit in Hungary, while the construction of the new 60 kt/year capacity plant will begin in November 2015 at the site of MOL Petrochemicals in Tiszaújváros, Hungary. At the same time, the new…
Sumitomo produces 100-millionth tyre
The Sumitomo Rubber Group announced its subsidiary in Changsu China produced its 100-millionth tyre last Saturday, November 14th. To commemorate this milestone, a ceremony was held on the factory’s grounds on Tuesday, November 17th with around 40 people in attendance,…
New Mitas agricultural tyres launch in 2016
Agricultural and industrial tyre brand Cultor will dramatically extend its range in the radial agricultural tyres segment. The Cultor RD tyre range is a substitution for Mitas RD and draws on the performance of Mitas RD, which are no longer…
Vietnam tyre market to reach US$ 2.7bn by 2020
According to TechSci Research report, “Vietnam Tyre Market Forecast & Opportunities, 2020”, tyre market in Vietnam is forecast to touch US$ 2.7 billion by 2020. Prominent factors driving the market include growing automobile sales, rising automobile fleet, favorable government policies…
Trelleborg Sealing Solutions expands U.S. R&D Center
Trelleborg Sealing Solutions expands its Product Testing Laboratory located at the HA Traub Technical Center in Fort Wayne, Indiana. This expansion comprises of a 1,000 square foot addition to the existing facility in order to accommodate the growing requests for…