China’s Qingdao Sentury Tire plans to invest EUR523 million to construct a car and light truck radial tyre plant in Galicia, northwest Spain to cater to European demand. The decision to build the plant was approved at a meeting of the company’s Board of Directors…
Category: Industry News
CECO Environmental to acquire General Rubber
CECO Environmental Corp (CECO), a US-headquartered environmentally focused, diversified industrial company is acquiring industrial flow control leader General Rubber (GRC), a Florida-based company focused in the engineering and manufacturing of non-metallic (rubber) expansion joints and flow control products. The acquisition will…
ZC Rubber Hyundai Commercial Vehicle, expand partnership in China
ZC Rubber, a long-time Hyundai Commercial Vehicle original equipment supplier. is currently providing new truck tire patterns and sizes for a variety of Hyundai long-haul truck models in China. For the past five years, Hyundai Motor Group has ranked fifth among…
Magna Tyres to acquire Polish tyre dealer
Dutch supplier of OTR tyres, Magna Tyres says it will acquire Industra Ltd, which it adds “has a very strong position in Poland as it is the biggest supplier of speciality tyres services”. The company works with three product categories:…
Goodyear launches 70% sustainable material tyre
The Goodyear Tire & Rubber Company has released a demonstration tire with 70% sustainable-material content, including industry-leading innovations. It is in line with its goal in 2020 to create a tyre made 100% from sustainable materials in 10 years, according…
Dow launches new high-end silicone synthetic leather
Dow introduces an alternative synthetic leather solution, which, it said, will provide comfort, health, and luxury while also improving sustainability. It has launched Luxsense Silicone Synthetic Leather, the world’s first high-end silicone-based synthetic leather material to meet specifications in transportation…
Malaysia rubber output, exports strong in 2021; rubber gloves were top earners
The Malaysian Rubber Council (MRC) reported that overall rubber and rubber product exports increased nearly 71% to RM63.2 billion from January to October 2021, compared to RM37 billion in the same period in 2020. It said the latex goods sector…
EU mass balance approach increases value of Enviro’s oil following ISCC certification
The ISCC certification obtained recently for Scandinavian tyre recycler Enviro’s recovered pyrolysis oil has made it more attractive to various fuel producers as a raw material, it adds. The reason is that this certification, combined with the EU mass balance approach, which forms part…
Arlanxeo-TSRC NBR plant in China to be relocated
Arlanxeo, synthetic rubber producer and a wholly owned subsidiary of Saudi Aramco, and Taiwanese polymers maker TSRC have announced the plan to relocate the current plant of its joint venture – Arlanxeo-TSRC (Nantong) Chemical Industrial Co., from the northern to the southern section of the Nantong…
Magna Tyres to acquire Aussie tyre firm
Dutch firm Magna Tyres Group, known as a second-tier OTR tyre supplier, has acquired Australia-based company Fennell Tyres International. Financial details were not disclosed. Fennell Tyres International is known for its OTR, mining and TBR tyre solutions. Magna Tyres says…