Japanese chemical company Shin-Etsu Chemical is embarking on a bold new investment plan worth ¥100 billion to bolster its silicones portfolio, a pivotal component of its Functional Materials business segment. This significant move comes as the demand for advanced functional…
Category: Industry News
Still no power supply, timetables for Kedah Rubber City – Mahdzir
Datuk Seri Muhammad Sanusi Md Nor, caretaker Kedah menteri besar, has been requested to explain the most recent scheduling of energy supply to the Kedah Rubber City (KRC) project in Padang Sanai. KRC, Kedah’s first dedicated Rubber Industrial Park, covers…
Cariflex boosts Asian presence with new Singapore HQ move; on-track progress for latex plant construction
Cariflex, a global manufacturer and supplier of polyisoprene rubber latex for medical applications, has relocated its global headquarters to the Vision Exchange in Singapore’s Jurong Gateway. The new office is strategically positioned near Jurong Island in order to improve interaction…
Marangoni and Ceat in retreading tie-up for Indian truck and bus tyres
Tyre retreader Marangoni has entered into a partnership with Indian tyre maker Ceat Limited to offer tyre retreading solutions in the Indian market. The collaboration is driven by the shared goal of providing customers with a one-stop solution for their…
Entyr obtains funding to expand Australian tyre recycling plant
Australian public-listed tyre recycling company Entyr Limited says it has successfully raised AUD$7.9 million in capital to continue building the infrastructure required at its Queensland plant to achieve its full commercial capacity, Applying its thermal patented processing to create and…
Oldrati awarded tender for rubber recycling R&D
Italian rubber processor Oldrati Guarnizioni Industriali SpA, part of the Oldrati Group, an Italian leader in the production of rubber, plastic and silicone products, has announced an investment of more than EUR6 million, thanks to the support of the Ministry…
GRI acquires Hungarian tyre firm to expand in Europe
Sri Lankan tyre maker Global Rubber Industries (GRI) has acquired Hungary’s Atra Kecskemet, which supplies tyres & services for material handling, agriculture and construction industries. GRI says the acquisition is intended to strengthen its global footprint and its presence in…
Tianqi Lithium to invest US$150 mn in Mercedes-Benz/Geely EV
China-based electric vehicle (EV) joint venture between Mercedes-Benz and Zhejiang Geely Holding Group, Smart Automobile, has said it will raise between US$250 and $300 million in an A round fundraising to accelerate growth. Smart, based in Hangzhou Bay, Zhejiang province,…
Asahi Kasei liquidates tyre cord company
In the face of slower growth, Japan’s Asahi Kasei has decided to discontinue the business of Asahi Kasei Cord Co and liquidate the company. Asahi Kasei Cord was established in 1970 as a manufacturer of nylon yarn for tyre cord…
Freudenberg develops ETU-free rubber compounds for crosslinking polymers
Germany’s Freudenberg Sealing Technologies says it has developed new chloroprene rubber compounds that require no ethylene thiourea (ETU) as an accelerator, while still meeting strict requirements of the automotive industry. Using ETU as an accelerator in the vulcanisation of chloroprene…