Malaysia-headquartered agrochemical company Hextar Global Bhd is acquiring Nobel Synthetic Polymer Sdn Bhd and Nobel Scientific Sdn Bhd – collectively known as Nobel Group- for RM105 million. The Nobel Group provides high performance, custom-made anti-tack rubber lubricants and coatings for…
Category: Industry News
Tyre, rubber org lobbies for rubber exclusion from EU deforestation law; civil groups hit exemption plea
The issue of deforestation is central to the proposed European Union (EU) legislation to protect the world’s forests and ecosystems. The EU, which according to a Greenpeace report, is “a major consumer and financier of products from global forest and…
Dow to increase capacities for silicones, PG and speciality materials
US chemical major Dow has announced a series of capacity expansions for its silicones, propylene glycol (PG) and specialty materialsunits to support growing demand across key end-markets, all of which, it adds, continue to grow faster than GDP. In PG, it is expanding its Thai facility to up…
Continental embarks on tyre, road wear particles research a supercomputer
German automotive parts manufacturer Continental, the University of Southern Denmark (SDU) and France-based École Normale Supérieure de Lyon have received a grant worth 43 million core hours of supercomputer time for their joint basic research project, which aims to drive…
MRP acquires custom rubber products producer Pawling
Quadion/Minnesota Rubber and Plastics (MRP), a US-headquartered company engaged in material compound development, engineering, design, and manufacturing of custom elastomeric and thermoplastic components and assemblies has acquired Pawling Engineered Products, a Pawling, New York-based custom rubber products manufacturer. MRP, which…
ExxonMobil signs deal for sale of global Santoprene business to Celanese
US-headquartered ExxonMobil Chemical Company has signed an agreement with Celanese for the sale of its global Santoprene business for US$1.15 billion. Sale includes two world—scale manufacturing sites in the US and UK. Related: ExxonMobil Singapore starts up butyl and hydrocarbon resin plants…
Eastman Chemical to sell-off tyre additives business
US-headquartered global specialty materials company, Eastman Chemical Company has entered into a definitive agreement with an affiliate of One Rock Capital Partners to sell the rubber additives, including its Crystex insoluble sulfur and Santoflex antidegradants, and other product lines and…
Bridgestone to sell SR subsidiary in China to LCY Chem
Bridgestone Corporation has planned to sell Bridgestone (Huizhou) Synthetic Rubber Co, Ltd, (BSRC) its subsidiary in China manufacturing synthetic rubber for passenger car tyres, to Taiwan-headquartered LCY Chemical Corporation, a company which operates materials and chemicals business on global basis.…
Nokian Tyres inaugurates Russian ultramodern tyre warehouse
Nokian Tyres recently celebrated its new ultra-modern tyre warehouse located in Vsevolozhsk, Russia, which enables a high-tech loading and storage of tyres. The new warehouse has 17,000 sq m of space and automated storage capacity for 550,000 tyres. Together with…
Hankook commissions new Spain test centre
Continuously expanding its testing and development capacity in Europe, tyre maker Hankook debuts its new, ultra-modern building on the premises of Applus+ IDIADA in Spain, which is now in operation. The official inauguration on site will take place as soon…