Phillips Carbon Black (PCBL), India’s largest carbon black producer and exporter has shortlisted three locations, Tamil Nadu, Andhra Pradesh and Telangana for its 1,50,000-tonne carbon plant. The new plant will have an investment of Rs 600-620 crore. There have been…
Category: Investments
Chinese rubber chem producer gets nod for TBBS project trial run
Shandong Sunsine Chemical Co, Ltd, a wholly owned subsidiary of China Sunsine Chemical Holdings Ltd, a specialty rubber chemicals producer and global leader in the production and supply of rubber accelerators obtained the Government’s approval for the trial run of…
Shepherd to expand European ops
US-based lubricant additives firm Shepherd Chemical is investing US$8.5 million to expand its Mirecourt, France European operation. The projected growth path at the Mirecourt location includes the addition of a third reactor, a new warehouse, and upgraded R&D pilot facilities.…
AirBoss expands mixing capabilities in US, Canada plants
Canada-headquartered AirBoss of America Corp’s Rubber Solutions segment is expanding its mixing capabilities at its plants in Scotland Neck, North Carolina and Kitchener, Ontario. The company, which develops, manufactures and markets high-quality, proprietary rubber-based products to various industries, including automotive,…
Enviro, Treadcraft extend partnership; plan jv for a new recycling plant
Sweden-headquaretred Scandinavian Enviro Systems, a company developing, building and operating industrial plants for material recovery from End of Life Tyres (ELT); and Canadian recycler Treadcraft Limited extend the MoU that was signed on 29 June, 2018 by six months. The…
Top Glove to set up plant in Turkey; on expansion spree to boost capacity
Top Glove Corporation Bhd, the world’s largest manufacturer of rubber gloves, may expand its business in Turkey. According to founder Tan Sri Lim Wee Chai, the Malaysia-headquartered company has planned to establish a factory in Turkey, which imports 70% per…
Hutchinson acquires Midé Technology
France-based global leader in vibration control, fluid management and sealing system technologies, Hutchinson SA, is acquiring Midé Technology Corporation, an engineering company based in Medford, Minesotta, US. Midé Technology specialises in smart material technology and mechatronics. The acquisition is subject…
Avon Rubber’s RPE business secures US DoD US$92 mn supply contract
UK-headquartered Avon Rubber’s respiratory protective equipment (RPE) business, Avon Protection has been awarded a sole source contract to supply the US Department of Defence (DoD) with the M69 Joint Service Aircrew Mask for Strategic Aircraft, related accessories and engineering support. The…
Rehau completes acquisition of Swiss rubber and polymers supplier
Rehau Verwaltungszentrale, a Swiss holding company of the Rehau Group, a leading systems and service provider for polymer-based solutions in the construction, automotive and industrial sectors has successfully completed the acquisition of MB Barter & Trading AG (MBT), a Swiss,…
Kuraray, PTT Global Chemical and Sumitomo jv bankrolls investment for butadiene derivative plant in Thailand
Kuraray GC Advanced Materials Co, Ltd, a Bangkok-headquartered joint venture company co-founded by Tokyo-headquartered Kuraray Co, Ltd, and Sumitomo Corporation; and Bangkok-based PTT Global Chemical; have been carrying out a Feasibility Study for the manufacture and sale of butadiene derivatives…