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…
Category: Investments
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…
Cooper Tire, Sailun form jv for new TBR tyre plant in Vietnam
Ohio-headquartered Cooper Tire & Rubber Company has agreed to form a joint venture (jv) with Sailun Vietnam Co, Ltd, a Tây Ninh-based manufacturer of off-highway tires and all-steel belted tyres, to build a manufacturing plant with the capacity to produce…
Trelleborg invests in two-wheeled vehicle tyres plant in India
Sweden-headquartered engineered polymer solutions specialist Trelleborg , through its Trelleborg Wheel Systems business area, is invest in a production facility in India for the manufacture of tyres for two-wheeled motor vehicles, thereby creating a platform for global growth and increased…
Arsenal Capital Partners scores Polytek
Arsenal Capital Partners, a leading private equity firm that invests in middle-market specialty industrials and healthcare services companies, acquires Polytek Development Corp, a US manufacturer of liquid mould rubbers and casting plastics, from Morgenthaler Private Equity. The terms of the…
Safic-Alcan extends French distribution deal with Arlanxeo
Starting 1 Jan 2019, Safic-Alcan, a French independent distributor of speciality chemicals, is extending its exclusive agreement with Arlanxeo for existing Keltan distribution in France. Arlanxeo has partnership with Safic-Alcan for Italy, Benelux, Germany, Austria, Switzerland and Czech Republic. The…
Cooper Tire Europe mulls ceasing light vehicle tyre production in Melksham
Cooper Tire & Rubber Company Europe Limited, a subsidiary of Cooper Tire & Rubber Company is entering a consultation period to explore ceasing light vehicle tyre production at its Melksham site in Wiltshire over a period of 10 months. Subject…
Evonik opens new silica plant, invests US$120 mn
German specialty chemicals Evonik Industries, has started up a precipitated silica plant for the tyre industry in South Carolina, US, in response to the high demand from the tyre industry for precipitated silica in North America. It has invested an…
KKR to cop Minnesota Rubber and Plastics from Norwest Equity Partners
Minnesota Rubber and Plastics(MRP) a leading provider of elastomer and thermoplastic solutions, is to be acquired by KKR, a global investment firm, from Norwest Equity Partners (NEP), a Minneapolis-based middle-market equity investment firm. This transaction marks KKR’s second acquisition of…