Dutch machinery firm VMI is focusing on smart solutions that optimise tyre building and address the challenges the industry is facing, with new advanced vision systems, self-learning AI algorithms and self-adjusting processes contributing to improved flexibility, higher accuracy and consistency. Thus,…
Category: Industry News
Synthomer sells latex compounding business for EUR27 mn
UK’s Synthomer Plc has announced an agreement to divest its latex compounding operations (the compounds business) to Belgian company Matco NV, a leader in compounds, water-based adhesives, and solutions for various industrial applications, for consideration of EUR27.5 million. The compounds…
Angst+Pfister sets up production hub in Vietnam
Swiss elastomer producer Angst+Pfister recently held a grand opening for its wholly-owned APVN Sealing production facility in Vietnam. Located in Ho Nai Industrial Park, APVN Sealing is positioned as a central hub to serve customers across Southeast Asia and beyond.…
Sailun to delay expansion of Vietnam plant to 2025
China’s Sailun Group says it has revised the timetable for expanding production at its factory in Vietnam. Instead of starting up its operations by March 2024, the tyre maker will now complete the expansion by March 2025, it said in…
Ansell to add on Kimberly-Clark’s PPE business to portfolio
Australia’s Ansell Ltd is to acquire 100% of Kimberly-Clark’s Personal Protective Equipment business (KCPPE) for US$640 million. KCPPE is a global personal protective equipment business, designing, marketing and selling differentiated safety products including gloves, protective apparel and safety eyewear. The…
India Rubber
The All India Rubber Industries Association (AIRIA) was established in 1945 with the purpose of representing the rubber sector in India. As the leading organisation for the industry, AIRIA works towards advancing its interests and facilitating cooperation, growth, innovation and…
Country Focus: An alliance that keeps Asia’s “white gold” shining
Despite challenges in the global market and supply chain, Asia’s primary rubber producers are successfully achieving their growth targets, with China playing a pivotal role as a major trade partner, adds Angelica Buan in this report. China: a key figure…
Consortium identifies five potential alternatives to 6PPD
A global consortium of 30 tyre manufacturers, mobilised by the US Tire Manufacturers Association (USTMA), and representing the world’s largest tyre companies, has released a Stage 1 Alternatives Analysis (AA) report for 6PPD in tyres in accordance with California’s Safer…
Continental tyre plants on energy saving drive
Thanks to 160 energy-saving projects, Continental Tires reduced its annual energy requirements by around 150 gigawatt hours in 2023. This was achieved, for example, through the increased use of renewable energies and thermal insulation. The firm adds that 150 gigawatt…
South Korea’s KCC to fully acquire Momentive
Silicones and specialty solutions company Momentive Performance Materials is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners. “We’re excited by the opportunities KCC’s 100% ownership position will…