As of next season, South Korean tyre maker Hankook Tire will be the new and exclusive technical partner and tyre supplier of the ABB FIA Formula E World Championship. Recently, Hankook officially presented the newly-developed Hankook iON race tyres to Formula E,…
Category: Industry News
Epsilon Carbon to invest US$67 mn in capacity increase in Karnataka
Epsilon Carbon, India’s leading carbon black producer, has an installed capacity of 115,000 tonnes/year at its manufacturing unit at Vijayanagar, Karnataka. As a part of the company’s growth plans, Epsilon plans to expand the capacity of its Vijayanagar unit by…
Evonik in tie-up with Austria/Thailand for biobased silica
German chemical firm Evonik, one of the world’s leading silica producers, says it has entered a strategic cooperation with the Pörner Group, Austria, and Phichit Bio Power Co., Thailand, to supply sustainably precipitated Ultrasil silica to tyre manufacturers. It is…
Safic-Alcan buys Brazilian rubber distributor
Safic-Alcan, a major distributor of specialty chemicals, says that it has acquired 100% of Proquimil Produtos Químicos, a Brazilian chemical distributor specialising in rubber and plastic polymers and additives. The integration will be led by Luiz Maranho, a seasoned Brazilian…
Bridgestone invests US$60 mn to expand Texas retread tyre plant
Bridgestone Americas (Bridgestone) is pumping an investment of $60 million to expand its Bridgestone Bandag manufacturing plant in Abilene, Texas. The 50,000-sq-ft expansion of the Abilene plant is aimed at the growing demand for the company’s tread rubber products, driven by the rapid growth of its…
Tsurumi acquires Nippon Kanryu’s insoluble sulphur business
Japanese supplier of sulphur products for the rubber/tyre industry Tsurumi Chemical Co says that it will acquire the insoluble sulphur business from Nippon Kanryu Industry Co, with effect from December 2022. Terms were not disclosed. Tsurumi Chemical will operate the…
Serbian petchem firm HIP acquired by Russia’s NIS
The acquisition of Serbian petrochemical company HIP-Petrohemija LLC Pancevo by Serbia’s Gazprom-owned Naftna Industrija Srbije has been approved by the European Commission, said the EC. HIP-Petrohemija LLC (HIPP) is a petrochemical company active in producing and distributing products such as…
Bridgestone tyres for terrain vehicle destined for the moon
Teledyne Brown Engineering says that Bridgestone Corporation is joining its team looking to design and build the crewed lunar terrain vehicle (LTV) for NASA to support future exploration on the moon. As NASA’s mission is to reach new territory in…
Swedish glove maker Mölnlycke invests in EUR50 mn glove plant in Kedah
Medical product and solutions company Mölnlycke of Sweden, which already has three plants in Malaysia, has opened another surgical glove plant in Kulim Hi-Tech Park, Kedah, with sustainable production as its backbone. With a total investment of EUR50 million (RM233…
Lanxess launches wastewater treatment plant at Belgian rubber site
German chemical firm Lanxess has commissioned a new wastewater treatment plant at its Belgium Kallo/Antwerp site. The special chemicals company invested around EUR12 million in the plant, which has a treatment capacity of around 260,000 litres of wastewater per hour.…