Orion Engineered Carbons S.A. and Evonik Industries AG (Evonik) acquired Evonik’s 52% percent stake as well as Deutsche Investitions- und Entwicklungsgesellschaft mbH’s (DEG) 15% stake in Qingdao Evonik Chemical Co., Ltd. (QECC). QECC is a joint venture established by Evonik,…
Category: Industry News
Bluestar Silicones offers silicone custom compounding
Bluestar Silicones expanded its elastomer capabilities, adding silicone custom compounding to its offering. The company will promote heat cured rubber (HCR), as well as its liquid silicone rubber (LSR) for healthcare and long term implant applications and room temperature vulcanized…
Continental donates US$115,000 for flood victims
Continental donated a total of US$115,000 to the American Red Cross for recovery efforts following the recent floods in South Carolina. The donations – US$100,000 from Continental AG and US$15,000 from Continental Tire the Americas, LLC – will help all…
Michelin and Ropa receive award at Agritechnica
Agricultural machine maker Ropa and Michelin were awarded the silver medal in the ‘Innovation’ category for their R-Soil Protect technology by the organizer of Agritechnica, which will take place in Hannover, Germany from November 10-14 2015. The R-Soil Protect technology…
Freudenberg relocates production
Freudenberg Sealing Technologies is reorganizing its liquid silicone business. The company plans to relocate production from Öhringen, Germany to Losenstein, Austria by the middle of 2017. The tooling plant will remain in Öhringen. Reasons for relocation include the increased pressure…
Asia Pacific leads silicone market
Asia-Pacific is the leader in the global silicone market and this dominance is projected to continue till 2020. China is the key market in this region, having a market share of more than half of the global demand for silicones.…
Chinese tyre market slows down due to anti-dumping laws
The high-speed growth rate of Chinese rubber machinery industry in 2013 lasted till the first half year of 2014, during when the orders expanded and production and sales boomed. Then in July 2014, the United States staged anti-dumping and anti-subsidy…
China synthetic rubber market to reach US$12bn by 2020
According to recently released TechSci Research report “China Synthetic Rubber Market Forecast & Opportunities, 2020”, the synthetic rubber market in China is projected to cross US$12 billion by 2020. This growth is anticipated on the back of continuously rising production…
Grasim Industries Ltd will be Bluestar Silicones distributor
Bluestar Silicones signed an agreement with Grasim Industries Ltd. for the distribution of its full range of silicone products. Grasim Industries Ltd is a flagship company of Aditya Birla Chemicals Group With this partnership, Aditya Birla Chemicals becomes a major…
India slips in global rubber production
India may fall behind China to land in sixth in the global natural production ranks. Currently, India is the fifth largest producer of natural rubber behind Thailand, Indonesia, Malaysia and Vietnam. “Some years ago, the projection was that India would…