Swedish engineered polymer solutions company Trelleborg Group is divesting a Czech operation in technical rubber products. The buyer is a Czech investment group, Kaprain. The transaction is expected to be finalised at the end of the third quarter or the…
Category: Industry News
WRIO: global rubber demand to up by 7.4%
The International Rubber Study Group (IRSG), an International Body for improving the transparency of the world rubber market and strengthening the international cooperation on rubber issues, publishes comprehensive data on production, consumption, trade and prices- covering both natural rubber (NR)…
New US research assesses rubber modified asphalt sustainability benefits
The US Tire Manufacturers Association (USTMA), partnering with the University of Missouri and The Ray, an Atlanta, Georgia-headquartered non-profit proving ground for sustainable transportation technologies, published a state of knowledge report that assessed existing research on the economic, performance and environmental benefits…
Trinseo to secure North American PMMA manufacturer Aristech
Trinseo a US-based global materials company and manufacturer of plastics, latex binders and synthetic rubber has entered into an agreement with SK AA Holdings, an affiliate of Falcon Private Holdings, LLC, to acquire Aristech Surfaces, a North America manufacturer and…
New Mountain Capital’s ILC Dover to acquire Flexan
ILC Dover, a US innovative design and manufacturer of engineered products, and portfolio company of New York-based investment firm New Mountain Capital is set to acquire Flexan, an Illinois-headquartered medical device contract design and manufacturing company that specialises in silicone,…
China’s JGST to build EUR166 mn tyre factory in Cambodia
Wuxi-headquartered Jiangsu General Science Technology (JGST), a company engaged in the research and development, manufacture and sales of tyre, is building a EUR166 million tyre factory in Cambodia. The plant, which will be sited at Sihanoukville special economic zone, will have…
Orion, RISE to jointly produce commercial-scale renewable carbon black
Orion Engineered Carbons, a global supplier of specialty and high-performance carbon black and the state-owned RISE Research Institutes of Sweden tied up in a project to develop and produce renewable carbon black. This collaboration represents an important step towards more…
Malaysia’s latex, gloves markets still strained due to Covid-19 – ANRPC
According to the Intelligence Market Report of the ANRPC (Association of Natural Rubber Producing Countries) for 1 July-15 July, latex prices in the Kuala Lumpur local market fell 5.7% between 30 June and 15 July because of, among a number…
ICD rebrands with new name; leverages innovative silicone chemistries
ICD, a US-headquartered water-based coatings manufacturer will begin operating under a new name – ICD High Performance Coatings + Chemistries. According to its CEO and President Kris Vockler, the rebrand strategy represents not only a name change but its “vision…
Allow glove factories to operate under EMCO – MARGMA
The Malaysian Rubber Glove Manufacturers Association (MARGMA) is reportedly urging the Government to permit glove factories, specifically in Selangor, to operate under the Enhanced Movement Control Order (EMCO). It has emphasised the necessity of gloves in curbing Covid-19 and transmission…