US engineered rubber products maker GRT Rubber Technologies has acquired compatriot US-based Valley Rubber, a manufacturer of custom rubber solutions for tough mining and industrial applications. The two manufacturers will join forces to share resources, end-market expertise and expand their…
Category: Industry News
Nokian Tyres running three-shift production at facility
Finnish tyre maker Nokian Tyres is increasing its production capacity for passenger car tyres significantly at the Finnish factory by moving into an uninterrupted three-shift system. With this capacity increase, approximately 80 new jobs will be created for the passenger…
Tafneft to use Versalis technology for new rubber plants
Russia’s PJSC Tatneft has signed a license and engineering agreement with Italian chemical firm Versalis relating to technologies for the production of nitrile butadiene rubber (NBR) and carboxylate styrene butadiene rubber latexes (XSBR). This is the next step in Tatneft’s development of its petrochemical…
Falken opens new tyre warehouse in Germany
Falken Tyre Europe has opened a new 40,000 sq-m logistics centre in Gengenbach, Germany. Falken is the largest customer of the facility run by logistics partner FIEGE, which can store 450,000 tyres. Strategically located near the German-French border to serve…
Pyrum on track with construction of ELT expansion in Germany
End-of-life tyre (ELT) recycler Pyrum Innovations has started the expansion of the production capacity of its pyrolysis plant at its headquarters in Dillingen, Germany. To date, the plant consists of one production line, which has been operating on an industrial…
Lion Elastomers to enter NBR business
US firm Lion Elastomers will be expanding the emulsion-based facility in Port Neches, Texas, US, to manufacture NBR rubber. This new undertaking will position the company to support the domestic demand and provide security of supply for nitrile rubber. Major…
Orion to expand carbon black output in Louisiana
Carbon black supplier Orion Engineered Carbons says that next year the company will invest to convert a reactor line at its plant in Ivanhoe, Louisiana, US, from manufacturing soft carbon black to producing hard carbon black, commonly used in tyre treads.…
Bridgestone pulling out from conveyor belt business
Japanese tyre maker Bridgestone Corporation has withdrawn from the conveyor belt business. It said that it plans to reduce its production and sales volume gradually to minimise the impact to the operations of its customers and suppliers, and will withdraw…
Eastman Chemicals’ Tyre additives business gets new owner, new name
US-based specialty chemicals firm, Eastman Chemical Company’s . tyre additives business has been acquired by an affiliate of One Rock Capital Partners , a value-oriented, operationally focused private equity firm. Related: Eastman Chemical to sell-off tyre additives business The acquired…
Wacker acquires 60% stake in Chinese specialty silane company
Munich-based chemical company Wacker has acquired a 60% stake in specialty silane manufacturer SICO Performance Material Co., Ltd, Jining (China), a leading manufacturer of organofunctional silanes, which are a key component in high-performance adhesives, sealants, coatings, and composites. The transaction is…