Category: Industry News

Metso to discontinue rubber parts manufacturing in Sweden

Finnish industrial machinery maker Metso has concluded the union negotiations at its Trelleborg rubber and Poly-Met factory in Sweden, announced in November 2023. It says that “after carefully evaluating the supply chain operations at a regional and global level from…

Wacker to expand silicones production to Czech Republic

German silicones supplier Wacker Chemie says it intends to further expand its silicone specialty business and is reorganising its production facilities in Europe. For example, a new production site for silicones is to be built in Karlovy Vary, Czech Republic.…

Toyoda Gosei enhances technical capacity in India

Auto parts supplier Toyoda Gosei Co says it has relocated and enlarged its existing engineering and sales office to the new Toyoda Gosei Technical Centre India, a branch office of Toyoda Gosei Minda India, in Manesar, Haryana. The office that…

Sailun to set up first North American factory

Tyre maker Sailun Tire has announced that it will enter a joint venture and invest in the construction of a new factory in Mexico. This joint venture agreement will be between Sailun Singapore, a wholly owned company established in Singapore…

Bridgestone sells Russian assets to S8

Tyre maker Bridgestone’s European subsidiary has announced the sale of its Russian assets to S8 Capital, a Russian diversified holding company. The deal has received all necessary regulatory approvals. The agreement includes a tyre manufacturing plant in Ulyanovsk and a…

Continental opens new hq in Germany

Technology firm Continental recently officially opened its new corporate headquarters in Hanover, Germany. The campus on Hans-Böckler-Allee marks a further milestone for the technology company in its more than 150-year history. “We have created a place where our vision, values…