US speciality chemicals company Kraton Corporation has agreed to sell its Cariflex business unit, a maker of isoprene rubber latex, to South Korean petrochemical and engineering & construction company Daelim Industrial for US$530 million. The transaction is expected to close in…
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Doublestar trials production at new tyre factory; to build scrap tyre recycling plant in China
Qingdao Doublestar Group (Doublestar), China’s largest tyre company, has recently started a trial run at its passenger car tyre factory in Shiyan City, Hubei Province. The 4.3 million-sq.-ft. factory, which is Doublestar’s third Chinese Industrial 4.0 factory with full-process smart…
Falken India debuts Sincera SN832i tyre range
Tyre manufacturer Falken Tyre India (Falken), a subsidiary of Japan’s Sumitomo Rubber Industries, has launched its next-generation tyre series in Sincera SN832i for the Indian passenger car segment. The Sincera SN832i tyres have been specially developed forsmall/midsize hatchbacks, sedans, MUVs…
Hankook’s Ventus tyres to feature on new Porsche Cayenne SUV
South Korean tyre-maker Hankook Tire & Technology (Hankook) has been chosen to equip Porsche’s new 2020 Cayenne, an all-wheel-drive luxury/sport hatchback SUV. The fitment with Hankook’s 21-inch versions of the Ventus S1 evo 3 SUV tyres marks their second OE…
Yokohama launches new all-season Advan Sport UHP tyre
Tokyo-based Yokohama Tire (Yokohama) has introduced a new tyre designed for luxury cars, sports cars and American muscle cars – the new all-season Advan Sport A/S+. Each tyre comes with a 55,000-mile limited tread wear warranty and is available in…
Chinese firm CGTC suspends operations after making poor bets on rubber
A major supplier to tyre plants in China, Chongqing General Trading Chemical (CGTC), will cease execution of all unfinished contracts from the end of September 2019. CGTC chose to suspend business after it ran into liquidity problems, according to commodity…
Trinseo to build new TPE pilot facility in Hsinchu, Taiwan, by 2020
Global material solutions provider Trinseo plans to build a Thermoplastic Elastomers (TPE) pilot facility at their manufacturing site in Hsinchu, Taiwan. Once operational in 2020, the new TPE pilot facility will enable Trinseo to locally produce its custom-engineered TPE and…
US Customs seizes Malaysian rubber gloves in anti-slavery crackdown
The US Customs and Border Protection (CBP) has seized five different products on suspicion of being made using slave labour overseas – rubber gloves from Malaysia, clothing from China, gold from the Democratic Republic of Congo, charred animal bones (bone…
Bridgestone showcases barrier-less bus access for Tokyo 2020 Olympic and Paralympic Games
Japan’s Bridgestone Corporation (Bridgestone), Official Tire Partner of the Tokyo 2020 Olympic and Paralympic Games, has used its extensive commercial tyre and rubber expertise to provide barrier-less bus access in the newly-constructed athlete village for the event. The new solution,…
Michelin, IFPEN and Axen to produce butadiene from bioethanol in France
French tyre maker Michelin, IFPEN (a French training and research institute), and French biomass firm Axens are to tie up in the construction of the first industrial-scale prototype of a plant producing butadiene from bioethanol in France. Launched in late…