South Korea’s DL Chemical, a unit of the petrochemical-to-construction conglomerate DL Group, has announced the completion and commencement of commercial operations at what it says is the world’s largest polyisoprene latex plant on Jurong Island, Singapore. It is also Singapore’s first polyisoprene latex plant, and…
Category: Industry News
Novonix ties up in deal with Stellantis to supply synthetic graphite
Australian battery materials and technology company Novonix and US auto firm Stellantis NV have announced the signing of a binding offtake agreement for a minimum of 86,250 tonnes, up to a target volume of 115,000 tonnes of high-performance synthetic graphite…
Michelin to expand Chennai plant with PCR tyre facility
While French tyre maker Michelin may see its European market dwindling, it is expanding its Asian tyre plants. The European manufacturing giant recently announced a US$67 million investment to establish a new passenger car radial (PCR) tyre facility at its Gummidipoondi, Chennai site.…
Freudenberg moves sealing plants to new location in India
Germany-based sealing firm Freudenberg Group recently inaugurated two advanced manufacturing facilities in Morinda, Punjab, India, covering a total built-up area of 40,700 sq m. These plants are operated by Freudenberg-NOK India Pvt. Ltd. (FNI) and Vibracoustic India. The strategic move…
Sumitomo Rubber facility accorded recognition for sustainability
Sumitomo Rubber Industries (SRI) says its 50-year old Shirakawa factory in Japan has been recognised nationally as a “sustainably managed natural site” by the Ministry of the Environment of Japan. The facility, which began operations in 1974, has engaged in a…
Yokohama Rubber joins research project on use of natural rubber seeds
Yokohama Rubber Co. has announced that it is participating as an official partner in an international joint research project on the utilisation of discarded rubber seeds, which aims to solve environmental problems through the effective use of natural rubber seeds.…
Sailun to build US$110 mn industrial park in Cambodia
Chinese tyre manufacturer Sailun has announced it is building an industrial park in Cambodia called the “Cambodia Kampot Special Economic Zone Project”, according to a report in the Khmer Times. Furthermore, Sailun said that it is preparing to set up…
South Korean tyre makers report mixed performances
Amidst higher costs and lower demand, South Korea’s top three tyre manufacturers: Hankook Tire, Kumho Tire and Nexen Tire, have reported mixed financial performances in the third quarter. While Hankook and Kumho managed to post strong profits, Nexen struggled amid…
Michelin to downsize; shuttering plants in France
Against the back of a challenging automotive sector in Europe, French tyre maker Michelin (plans to close two of its French factories, affecting 1,254 workers. The 135-year company cited high costs, worsening competitiveness of Europe, notably due to inflation and…
Birla Carbon to build US$1 bn graphite anode plant in US
India’s Birla Carbon, a unit of Indian multinational company Aditya Birla Group, is investing US$1 billion to construct a plant in South Carolina, US, to produce graphite anode materials, according to a statement by state Governor Henry McMaster. “Birla Carbon’s…