Continental Corporation, announced the official start of the serial production at the new tyre plant in Kaluga. The construction of the plant started in November 2011 and was successfully completed within less than two years time and with that according…
Category: Investments
Bridgestone revamping manufacturing operations in China
The Bridgestone Group announced that it will reorganise its manufacturing operations in Huanan, China in a bid to make its polyurethane foam products manufacturing more efficient. The Group relayed that the Buji Plant of Bridgestone Ever Light Hong Kong Co…
Mesnac hatches plan for a new technical centre in Akron
CHINESE producer of equipment for the rubber and tyre industry,Mesnac, is planning to open a research and technical centre in Akron, Ohio. The focus of the Akron facility will be to develop equipment and systems that cater to technical requirements…
Metso divests part of industrial rubber conveyor belt operations
METSO has completed the divestment of certain parts of its industrial rubber conveyor belt manufacturing and related sales and services operations, which comprise 27 locations with around 330 employees previously belonging to the firm’s Mining and Construction segment. The Finland-sited…
New plant coming up for Pakistan’s tyre company
PAKISTAN-based General Tyre (Gentipak), producer of tyres for passenger car, light truck, truck/bus, tractor, rickshaw, and motorcycle, is setting up a manufacturing plant in the northern area of the South Asian country Lt Gen (Retd) Ali Kuli Khan Khattak, Chairman…
Weir to set up rubber production facility in Malaysia
SCOTLAND-headquartered Weir Group is investing more than £70 million (RM354 million) in Malaysia. The engineering firm’s investment, which will cover setting up of foundry to produce high-quality castings; machine shop and rubber processing plant to produce Linatex, a 95% natural…
Carlisle to sell tyre business to US equity firm
Carlisle Companies Incorporated is selling its Transportation Products (CTP) to American Industrial Partners of New York for US$375 million. According to Carlisle, the transaction is subject to customary closing conditions, including regulatory clearances, and is expected to close in the…
Unimatec Chemicals expands in US
Unimatec Chemicals, which is recognised for its Noxtite brand of FKM, ACM and HT-ACM polymers (high performance rubber polymers) and Cheminox curatives, is expanding in North America with the formation of Unimatec Chemicals America Inc. It anticipates enhanced customer service…
Tyre maker doubles capacity in Andra Pradesh plant
INDIA’s top tyre maker MRF, an enterprise that started as a toy balloon maker in 1946 in South India, is investing Rs 1,000 crore to double its capacity at a facility located in Andhra Pradesh, A state under bifurcation, near…
Chemtura’s US$40 million expansion in Germany nears completion
Specility chemicals company Chemtura Organometallics GmbH, a subsidiary of US-based Chemtura Corp, is expecting to complete the final phase by year end its US$40 million project in Bergkamen, in west-central Germany, Chemstura says that the move will greatly boost the…