Tyre building machinery firm VMI Group has officially inaugurated its new facility in India. This new facility will house a new overseas extension to VMI’s global engineering and will also be the service, maintenance and upgrade centre for the fast-growing…
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Camfin pumps up stake in Pirelli; Brembo sells entire stake in Pirelli
Italian auto parts maker Brembo has sold its entire 5.6% stake in Italian tyre maker Pirelli for around EUR283 million, a move that has dampened speculation about a merger between the two Italian groups. Sinochem holds a 37% stake in the tyre maker.…
Cabot mulling CNT/dispersions facility for batteries in US
US-based Cabot Corporation says it has been selected for an award negotiation of up to US$50 million by the US Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains. This grant, part of the Bipartisan Infrastructure Law, will support Cabot’s development of a new US-based…
Australian govt to invest A$44 mn to reduce waste in WA
The Federal and Western Australian Labor governments are co-investing A$44 million in nine new recycling projects, including tyre recycling, to improve recycling capabilities across Perth and in regional areas in Western Australia. In total, the nine projects will divert an…
Orion installing tyre pyrolysis oil tanks at Polish plant
Specialty chemicals firm Orion S.A. says it is installing multiple tyre pyrolysis oil (TPO) tanks at its plant in Jaslo, Poland – the company’s latest move toward boosting production of circular carbon black. The tanks will serve as reception points…
Sumitomo Rubber/Khon Kaen research sustainable NR in Thailand
Japan’s Sumitomo Rubber Industries has tied up with Khon Kaen University, a national university of Thailand, for a joint research project on a rubber tree tissue culture technique. The purpose of the research is to elucidate the mechanism that leads…
Goodyear ties up with Gatik on tyre intelligence integration
Tyre maker Goodyear Tire & Rubber Company and Gatik Inc, specialising in autonomous middle mile B2B logistics, announced the expansion of what they say is “the industry’s first, successful integration of tyre intelligence technology” into an autonomous driving system. Gatik’s…
Jiangsu General Science to invest US$260 mn in Thai expansion plan
Chinese tyre maker Jiangsu General Science Technology, a subsidiary of General Science, plans to expand its production of high-performance radial tyres in Thailand pumping in an investment of around US$260 million, at its plant located in Rayong. Using self-raised funds,…
Hankook opens 3D tyre mould centre
South Korea-based tyre maker Hankook plans to boost its business with 3D printing. Together with 3D printing specialist company Tera Works, it recently co-launched a “3D Printing Convergence Technology Centre” at the Hankook Engineering lab in Yuseong-gu, Daejeon. The 3D…
Sri Trang Agro-Industry joins GPSNR; reinforces commitment to sustainable rubber production
Sri Trang Agro-Industry Public Company Limited (STA), a major integrated natural rubber company, has joined the Global Platform for Sustainable Natural Rubber (GPSNR) as a member in the Producers, Processors, and Traders category. STA, established in 1987, operates extensive rubber…