German tech firm Continental plans to cut 3,000 R&D jobs in its Automotive Group segment by the end of 2026. Half of these will be in Germany and represent around 10% of the R&D work force, within the Automotive Group, which…
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Biesterfeld expands in Asia through acquisition of Singapore distribution firm
Germany-headquartered distribution firm Biesterfeld SE continues its global growth course. GME Chemicals (S) Pte Ltd, part of the Biesterfeld Group since 2021, has acquired the entire distribution business of Singapore-based Tat Lee Engineering Private Limited. Terms were not disclosed. Tat…
PCBL to build India’s first acetylene black plant
Indian firm PCBL Chemical Ltd has announced a significant expansion in its specialty chemical portfolio by entering the acetylene black production market. The company has signed a technology transfer agreement with Chinese manufacturer Ningxia Jinhua Chemical Co to bring acetylene black production…
Toyo Tire exits China market; sells majority stake in Chinese subsidiary
Japan’s Toyo Tire has announced that it will sell 86% of its equity interest in Toyo Tire Zhangjiagang (TTZ), its tyre manufacturing subsidiary in China, to Chinese investment firm Liaoning Hengdasheng Investment Co Ltd. Against the back of the China exit,…
Virdis Chemicals acquires rubber additives business from Allcock
UK-based Virdis Chemicals Ltd has acquired the rubber curatives and additives business activities from compatriot Manchester-based rubber recycler J. Allcock and Sons. Terms were not disclosed and this does not affect any of Allcocks’ other business activities. This acquisition strengthens Virdis’…
Bridgestone enhances tyre development capabilities with driving simulator set-up
Tyre maker Bridgestone has announced an investment in a new driver-in-the-loop (DiL) simulator at its EMEA R&D Centre based near Rome, Italy. Complementing its Virtual Tyre Development (VTD) capabilities, the new DiL simulator underscores the company’s commitment to fully digitalise…
Yokohama TWS strengthens EMEA operations with new subsidiary in Turkey
Yokohama TWS has announced the opening of a new legal entity in Turkey as part of its ongoing global expansion strategy. This move reflects the company’s commitment to delivering localised support and services tailored to the specific needs of customers…
Wacker expands capacity for speciality silicones in Japan/South Korea
German chemicals firm Wacker Chemie has started up two new production facilities for speciality silicones in Japan and South Korea. The expansion strengthens the company’s activities in the Asian growth market. The new plants, located in Tsukuba, Japan and in Jincheon, South Korea,…
Yokohama Rubber tests AI technology to gauge tyre air pressure
Yokohama Rubber Co says it has begun practical testing of a technology that uses artificial intelligence (AI) to gauge air pressure from the sound made by tapping truck and bus tyres. Using AI to gauge tyre air pressure from the…
Mesnac breaks ground on Vietnamese tyre mould facility
Mesnac Union Technology (Vietnam) Co recently held a groundbreaking ceremony in Trang Bang Town, Tay Ninh Province, marking the official start of construction for Chinese tyre maker Mesnac’s Vietnamese base. Mesnac’s Vice President Xiang Kunhong expressed gratitude to local government…