Category: Industry News

Trelleborg adds to healthcare sector with LSR acquisition

Sweden’s Trelleborg Group says it is strengthening its position in healthcare & medical by acquiring Baron Group, an Australian-Chinese company in the manufacturing of advanced precision silicone components, for US$300 million on a cash and debt-free basis. The seller may…

Enviro/Antin jv announce investment decision for plant in Sweden

The joint venture between end-of-life-tyre (ELT) recycler Scandinavian Enviro Systems, French tyre maker Michelin and Antin Infrastructure Partners has made the final investment decision regarding the construction of the ELT recycling plant in Uddevalla, Sweden. The joint venture adds it…

Top European tyre makers targeted in EU raids

European Union (EU) antitrust regulators have undertaken unannounced raids on the offices of top European tyre manufacturers: Italy’s Pirelli, Germany-based Continental, France’s Michelin and Finland’s Nokian Tyres, as part of an investigation into a possible cartel deal. The European Commission,…

Pyrum to expand capacity with 2nd plant in Saarland

End-of-life-tyre recycler Pyrum Innovations has this year set up a wholly owned subsidiary Pyrum GreenFactory II to operate the second Pyrum plant in Saarland, as announced last year. It had at that time stated that the plant would be in…

Sailun rolls out first rubber track from Vietnam plant

China’s Sailun recently commemorated the successful launch of the first rubber track at its Vietnam plant in Tay Ninh province. In the presence of leaders from Sailun group centres, partners, and representatives of the Vietnam plant staff, the inaugural rubber…