Germany-based materials firm Evonik is introducing a new sustainable high-performance plastic to its eCO product line. In the production of the polyamide 12 elastomer (PEBA) Vestamid eCO E40, 50% of fossil raw materials are saved and replaced by a starting…
Category: Industry News
Kolon completes PET expansion at tyre cord plant in Vietnam
South Korea’s Kolon Industries Inc. has completed the expansion of its tyre cord production plant in Binh Duong Province, Vietnam, and is speeding up to boost its global competitiveness. The company said it has increased 19,200 tonnes/year capacity of PET (polyester) tyre…
Additional plant breeder teams up in Continental dandelion project
Continental Tire’s Taraxagum project, which focuses on the acquisition of natural rubber from dandelions, has expanded its research network with the plant breeder Kartoffelzucht Böhm. The aim of the reinforcement is to gain even greater clout in the breeding of…
Hankook Tire ties up with Formula E; launches sustainable tyre
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,…
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…