UK-based Dunlop Aircraft Tyres’ joint venture facility in China has clinched a three-year deal to support China Eastern Airlines’ fleet of ten Embraer 145LI regional jets with new and retreaded tyres.
Category: Investments
Eni given a discount for EU fine
Italy’s biggest oil company Eni SpA has been granted a 20% reduction in a European Union fine for colluding on prices of a synthetic rubber.
Yokohama to set up a plant in India
Yokohama’s Indian subsidiary is planning to set up a facility in Bahdurgarh Industrial Estate with a production capacity of 700,000 tyres in Phase I.
Dow achieves record sales
US-based Dow Elastomers announced it achieved record year-to-date sales driven by the diversification into new market segments and developing of disruptive innovation.
ContiTech opens new plant in Hungary
Rubber technology specialist, Contitech has opened a new plant for rubber compound in Hungary to improve the company’s presence in the region.
Modi in Japanese jv for sand products
India-based Modi Rubber forms a partnership with Japanese Asahi Organic Chemicals to manufacture resin-coated sand.
Graco expands product range to LSR
US firm Graco has acquire Fluid Automaker, a make of metering and dispensing equipment for liquid silion rubber materials to gain presence in the LSR industry.
Hexpol acquires compounding firm
Swedish firm Hexpol Compounding has acquired US-based rubber compounder Robbins Holdingsm including Robbins LLC for US$90 million.
Graco acquires Fluid Automation Inc.
Minneapolis-based Graco Inc. has acquired Michigan-based Fluid Automation Inc. to cater to the liquid silicone rubber machinery market.
Semperit increases stake in Latexx Partners
Austria-based Semperit SG holding has completed its acquisition of all the shares and warrants of Mr. Low Bok Tech and other shareholders of the Malaysian glove firm, Latexx Partners Berhad.