EVONIK’s Philadelphia, US site is expanding its precipitated silica capacity by 22,000 metric tonnes by 2014. This multi-million dollar expansion is part of Evonik’s initiative to achieve a worldwide capacity increase for precipitated silica by 30% between 2010 and 2014.…
Category: Investments
Trelleborg AB acquires Maine Industrial
SWISS firm Trelleborg AB has announced its acquisition of US-based Maine Industrial Tire. As a result, the company will be integrated into Trelleborg Wheel Systems business area. A press release on the agreement regarding the acquisition was published on December…
Pirelli in Rosneft deal to sell tyres in Russia
ITALY’s Pirelli has signed a deal with Moscow-based oil producer, Rosneft, allowing it to sell the Italian-made tyres at Rosneft’s gas station chain in Russia. According to Pirelli, Rosneft will create a working group to develop the product mix, supply…
Ivory Coast to produce more rubber in 2013
IVORY COAST in the African continent expects to produce 300,000 tonnes of rubber in 2013 as it plans to raise funds for developing new production zones of the crop. Output this year was lower than expected, at 230,000 tonnes from…