Category: Industry News

Michelin to invest CAD$300 into Canadian ops

French tyre maker Michelin has announced a CAD$300 million investment into its Canadian operations to accelerate sustainable mobility and the installation of new technologies and equipment in Michelin’s three Nova Scotia production facilities. This includes manufacturing tyres for the growing…

Tatneft’s purchase of Nokian Tyres ops in Russia approved

Finland-based tyre maker Nokian Tyres says it has been informed by PJSC Tatneft that the Russian government commission that monitors foreign Investments has approved PJSC Tatneft’s purchase of Nokian Tyres plc’s operations in Russia. The signing of the transaction was…

Zeppelin Systems ties up with Italian group for recycling tyres

Expanding the use of its mechanical recycling process further, German plant engineering company Zeppelin Systems has entered into another partnership with the Italian technology group formed by RubberJet and Vertech that are specialising in recycling particularly large scrap tyres, for…

MARGMA holds talks with US/UK associations

The Malaysian Rubber Glove Manufacturers Association (MARGMA) recently held dialogue sessions with the US Customs & Border Patrol and UK’s envoy to Malaysia to discuss areas of compliance with international standards. The US CBP team led by Anne Marie Highsmith,…

Momentive expands in Thailand with new facility

Silicones supplier Momentive Performance Materials has announced its latest growth investment – a new manufacturing facility in Rayong, Thailand. Breaking ground on what will be home to the facility, this new site will expand Momentive’s manufacturing capacity to serve the…

SK Incheon invests in tyre recycler LD Carbon

SK Incheon Petrochem, a a wholly owned subsidiary of SK Innovation, has acquired LD Carbon, a Seoul-based start-up with technologies for recycling waste tyres. The move is part of the oil refinery’s effort to diversify its business portfolio to recycling,…