Indian carbon black supplier Birla Carbon has launched what it says is a first-of-its-kind carbon black virtual showroom that provides a virtual reality experience, showcasing the value and diverse usage of carbon black through the lens of a virtual car. The virtual showroom can be accessed using the…
Category: Industry News
Halcyon raises US$5 mn funds for digital marketplace
Singapore-headquartered supplier of natural rubber Halcyon Agri Corporation says that its 49.9%-owned associate, HeveaConnect Pte, has completed its fourth fundraising of US$5.5 million, led by Provident Capital Partners, DeClout Ventures and HeveaConnect management. Halcyon Agri founded HC in 2018 to…
TRS uses Buss compounders to make rubber powders from used tyres
Swiss scale-up company Tyre Recycling Solutions SA (TRS), Préverenges, has chosen Buss’s Compeo technology for implementation of its “Intelligent Compounding” concept, which transforms powder products obtained from recycled end-of-life tyres into compounds at industrial scale. TRS’s performance materials, which require a…
GRI completes 2nd phase of US$100 mn expansion
Sri Lankan tyre firm Global Rubber Industries (GRI) says it has completed the second phase of its US$100 million capacity upgrade plan for its speciality tyre facility, which is sited next to its more established plant in Sri Lanka. With…
Toyoda Gosei opens new weatherstrips plant in China
Toyoda Gosei Co. group company Hubei Toyoda Gosei Zheng Ao Rubber and Plastic Sealing Technology (TG Zheng Ao), which produces weatherstrips, door weatherstrips and glass runs, has moved to a new and larger plant in Shiyan, Hubei, China. TG Zheng Ao became a Toyoda…
Birla Carbon adopts green finance framework; raises US$50 mn funding
Carbon black maker Birla Carbon has implemented a Green Finance Framework that outlines the criteria and provides guidelines for Birla Carbon to finance eligible Green Projects through Green Loans or Bonds as well as successfully concluded the first Green Finance…
Schwalbe develops recycling system for used bicycle tyres
Bicycle tyre specialist Schwalbe says it has started a pilot project for a recycling system for used bicycle tyres, working together with the Technical University of Cologne, University of Applied Sciences, and recycling specialist Pyrum Innovations, creating what it says is a “holistic recycling…
Momentive to relocate hq; to build R&D centre
Silicones maker Momentive Performance Materials group (Momentive) says it will relocate its global Corporate Headquarters from Waterford, New York, US, to the former SI Group location on Balltown Road in Niskayuna. This is the first step in a plan to…
Birch branches out to India; expands market reach
UK-based rubber additives firm Birch Chemicals has opened its first international arm – which includes a new base in India, designed to service the Asian market. The recent launch of Birch Chemicals India includes a facility in Maharashtra (a state…
Semperit invests EUR110 mn in Czech hose facility
Alongside ongoing M&A activities, the Austrian publicly listed Semperit Group has set out its plan to boost organic growth at its huge hose factory in Odry in the Czech Republic. A total of EUR110 million will be invested into extending…