UK-based Dellner Polymer Solutions, part of Sweden’s Dellner Group, has announced the acquisition of Ferrabyrne Autocomp Suspension Technologies (FAST), the tier 1 parts and assemblies manufacturer based in Pune, India. The acquisition, part of Dellner Polymer Solutions strategic growth plan,…
Category: Industry News
Bridgestone commences pyrolysis testing of tyre recycling
Tyre maker Bridgestone Corporation has announced that it has commenced the production of tyre derived oil and recycled carbon black through pyrolysis of used tyres using test units installed at Bridgestone Innovation Park in Kodaira City, Tokyo. This initiative is…
Axens to license ExxonMobil’s MTBE process for isobutylene output
ExxonMobil Catalysts and Licensing and Axens (Rueil-Malmaison, France) have signed an exclusive licensing alliance agreement allowing Axens to include ExxonMobil’s MTBE (Methyl tert-Butyl Ether) Decomposition Technology for high purity isobutylene in its portfolio. Used in the production of high-reactivity polyisobutylene…
Tyres with rCB from Enviro as Michelin celebrates 100 years at Le Mans
Scandinavian Enviro Systems’ (Enviro) major shareholder, French tyre maker Michelin, developed a racing tyre for this year’s edition of the Le Mans 24-hour race that contains a full 63% sustainable materials, including recovered carbon black (rCB) from Enviro’s plant in…
Arlanxeo ties up with Qingdao Uni for research, scientific projects
Synthetic rubber manufacturer Arlanxeo, a wholly owned subsidiary of Saudi Aramco, has announced the continuation of its partnership with Qingdao University of Science and Technology (QUST), marking the 19th consecutive year of bilateral cooperation. A signing ceremony for a Memorandum…
Nokian Tyres issues EUR100 mn sustainability-linked bond
Finnish tyre maker Nokian Tyres says it has issued euro-denominated senior unsecured sustainability-linked notes in a nominal amount of EUR100 million with ISIN FI4000556444. The Notes will bear a fixed annual interest at the rate of 5.125% and will mature…
Goodyear to cut capacity at German tyre plant
US tyre firm Goodyear Tire & Rubber says it will cut production capacity at its Fulda, Germany, tyre manufacturing facility by around 50% by year-end 2024. This move will result in approximately 550 job cuts. The company estimates that the…
Elkem and Zero enter partnership for sustainable solutions
Silicones supplier Elkem has tied up with environmental organisation Zero to aim to drive advancements towards reduced carbon emissions and improved climate solutions, by leveraging the respective strengths and expertise of both organisations. Elkem says it is already more than…
Michelin/Sumitomo jv to divest tyre retail outlets in US
French tyre maker Michelin that jointly operates TBC Corporation, a US based tyre distribution company, with Sumitomo Corporation, has said TBC will divest its company-owned retail portfolio (NTB and Tire Kingdom) to Mavis Tire Express Service Corp. (headquartered in Millwood,…
Apollo Tyres sources NR from sustainable suppliers for European facilities
India’s Apollo Tyres says it is now sourcing 100% of its natural rubber supplies from companies who have committed to sustainability throughout the supply chain, aligning with the code of conduct set out by the Global Platform for Sustainable Natural…