German specialty chemicals company Lanxess and Chongqing Changshou Chemical established a joint venture, which will act as the exclusive agent of polychloroprene rubber and adhesive products of both companies. At present, the joint venture will concentrate on marketing and sales…
Category: Industry News
Global elastomers market to reach US$36 bn in 2022
The Global elastomers market accounted for US$22.37 billion in 2014 and is poised to reach US$36 billion by 2022 at a Compound Annual Growth Rate (CAGR) of 6.1% during forecast period 2014 to 2022. The growing demand from automotive industry,…
Toyo Tires made life-size lion from scrap tyres
Toyo Tires made a life-size lion out of recycled tyres for the annual Tokyo Designe Week in Gaienmae, Tokyo. Marking its 30th anniversary this year, Tokyo Design Week 2015 showcased more than 1,000 creations in the four categories of design,…
Goodyear offers senior notes
Goodyear Tire & Rubber Company announced its public offering of US$1 billion aggregate principal amount of 8-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and…
Flexan expands China production
Flexan, a leading custom molded rubber manufacturer, is moving into its second building in the Suzhou Industrial Park, located 45 miles outside of Shanghai. The 50,000-square-foot building provides room for growth in production of custom rubber molding for its international…
Forest Stewardship Council cuts ties with Vietnam Rubber Group
The Forest Stewardship Council (FSC) is cutting ties the Vietnam Rubber Group (VRG). Disassociation will result in the termination of all FSC certificates held by VRG, taking effect three months from today. The decision was made after VRG subsidiaries were…
Cooper Tire named new director
The Board of Directors of Cooper Tire & Rubber Company named Gary S. Michel a director of the company effective immediately. Michel is a 30-year veteran of Ingersoll Rand, currently serving as president of the company’s residential heating, ventilation and…
Continental opens new dry handling track at in Texas
Continental inaugurated a new dry handling track at its proving grounds at Uvalde, Texas, for tyre and vehicle testing. Twelve meters wide and over three kilometers long, the track with its demanding layout offers rich opportunities to test many of…
Bridgestone Wilson Plant produces 400-Millionth tyre
Bridgestone Americas Tire Operations’s Wilson County, N.C., manufacturing plant has produced its 400 millionth tyre since its establishment in 1974. The plant achieved this milestone just more than a year and a half after celebrating its 40-year anniversary in…
Pyrolyx gains another patent
Pyrolyx AG, a manufacturer of recovered carbon black (rCB) from scrap tyres, has announced another patent award. The new patent granted in Germany covers the direct introduction of rCB into the conventional manufacturing of furnace carbon black. A desired percentage…