Category: Industry News

Sur-Seal acquires Ameritape to expand business

US-based custom sealing solutions firm Sur-Seal has acquired Ameritape, a Florida-based company specialising in custom die cutting, slitting, laminating, and CNC cutting. The acquisition will help Sur-Seal and Ameritape better serve their expanded customer base and continue their recent growth.…

Toyo Tire to close down US auto parts subsidiary

Japan’s Toyo Tire says that it will cease the manufacturing of automotive parts at its US subsidiary, Toyo Automotive Parts (USA), effective October 2023. TAP, which employs around 200 people, will be dissolved as a business entity. TAP has supplied…

Evonik expands rubber silanes output in China

Specialty chemicals firm Evonik has expanded and started production at its rubber silanes plant, Evonik Lanxing (Rizhao) Chemical Industrial Co. The facility, a joint venture between Evonik and Rizhao Lanxing Chemical Industry Co. is strategically located in the Rizhao Lanshan…

Trelleborg launches Seattle aerospace facility

Trelleborg Sealing Solutions says it has becomes the largest global provider of aircraft window seals as it expands its aerospace capabilities by finalising the acquisition of a major facility in Seattle, Washington, US. The acquired facility manufactures O-Rings, gaskets &…

Semperit adds on LSR specialist to its group

Austrian polymers firm Semperit says it has successfully completed the acquisition of Rico Group, a liquid silicone rubber (LSR) moulder and mould maker. After all approvals were obtained, the closing took place on 31 July 2023. Rico generated revenue of…

Holcim acquires Cooper Standard’s technical rubber unit

Building solutions firm Holcim says it has completed the acquisition of the Cooper Standard Technical Rubber GmbH (CSTR), a manufacturer of technical rubber products, which are used for roofing systems. Terms were not disclosed. Located in Mannheim, Germany, CSTR offers…