Category: Industry News

Trelleborg acquires US manufacturer of aerospace components

Polymer company Trelleborg Group has, through its business area Trelleborg Sealing Solutions, signed an agreement to acquire an operation from the US-based privately owned 4M Company. The operation specialises in sealing solutions for aerospace and industrial applications. The group’s head…

Adidas recycles sneakers into football pitch in China

Germany’s Adidas has unveiled what it says is the first sustainable football stadium in Chengdu, capital of Sichuan. A total of 40,000 pairs of discarded sneakers were turned into recyclable materials made of TPU (thermoplastic rubbers) and repurposed as nearly…

VMI launches new belt maker for tyres

Dutch machine maker VMI launched its new Unixx belt maker, which it says produces “high quality endless steel belts by means of an innovative and accurately controlled extrusion process that can handle a wide range of compounds”, at the Tire…

Chinese tyre maker launches Cambodian factory

China’s Jiangsu General Science Technology’s latest investment in Cambodia, General Tires Technology (Cambodia) Co Ltd, recently opened its US$300 million facility located in Preah Sihanouk province’s Sihanoukville Special Economic Zone (SSEZ). At a recent launching of the facility, General Science…

Wacker sales high; to invest in US/India plants

German silicones maker Wacker Chemie says it ended 2022 with new all-time highs for sales and earnings. Presenting its annual report recently, the Munich-based chemical company confirmed group sales of EUR8.21 billion in 2022, up 32% year over year. Substantially…