Category: Industry News

Marangoni sets up franchisee in North India

Italian retreading specialist Marangoni Group, that started its franchising operations in India in mid-2018, has established what it says is its first exclusive franchisee in North India. The business, Manoj Tyres, an existing retreader at Kanpur, one of the largest…

Hainan Rubber to acquire stake in Halcyon Agri

China Hainan Rubber, a state-owned holding company in China listed on the Shanghai Stock Exchange, has made a cash offer to acquire 574.2 million shares in the capital of Singapore-listed Halcyon Agri Corporation for approximately US$180.9 million. The number of shares…

Asahi Kasei markets BR and S-SBR made from mass-balance method

Japanese chemical firm Asahi Kasei says it will begin the sale of Tufdene S-SBR (solution-polymerised styrene-butadiene rubber) and Asadene BR (butadiene rubber) made using the mass-balance method at Asahi Kasei Synthetic Rubber Singapore Pte. Ltd. and the Synthetic Rubber Plant…

Bridgestone to invest US$250 mn into Costa Rica tyre plant

Bridgestone Americas (Bridgestone) has announced an investment of approximately US$190 million to renovate and expand its tyre manufacturing plant located in Belén de Heredia, Costa Rica. This investment is in addition to more than US$60 million planned for 2022-2026.  In…

Enviro receives pyrolysis oil order from Preem

Tyre recycler Scandinavian Enviro Systems says it has received a recovered tyre pyrolysis oil order worth approximately US$190,000 from Swedish fuel company Preem. The oil will be delivered in the first quarter 2023 and used by Preem for production tests.…