Polish polymers maker Synthos has gotten the green light from the European Commission to finalise the US$491 million acquisition of US-based Trinseo’s rubber business. In May 2021 Synthos signed an agreement with Trinseo on purchasing its synthetic rubbers production plants…
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Cabot to acquire Tokai Carbon’s Chinese plant for US$9 mn
US carbon black supplier Cabot Corporation says it has entered a definitive agreement to acquire Tokai Carbon (Tianjin) Co. from Tokai Carbon Group for US$9 million, subject to customary closing adjustments. The carbon black manufacturing facility was commissioned in 2006 and is located in close proximity to…
Global NR economy may suffer deficit by 2023 if demand remains low-ANRPC
It’s bad to have too much of a good thing. Surplus production capacity as a result of unusual expansion of mature tree area over the last five years (starting in 2016) has become a burden for the natural rubber economy.…
Continental unveils biomaterials concept tyres; to roll out tech for recycled PET polyester tyre
Continental’s ground-breaking Conti GreenConcept tyre design (previously introduced at the Munich auto show) combines current and new technology methods to the development of sustainable passenger car tyres. The study’s purpose is to reduce resource usage in every step of the…
Sumitomo Chemical to cease EPDM production at Chiba Works; to halt sales by 2023
Tokyo-headquartered Sumitomo Chemical has decided to end production of ethylene-propylene-non-conjugated diene rubber (EPDM) at its Chiba Works in Japan, and to stop selling the synthetic rubber product by the end of March 2023. To boost the competitiveness of its EPDM…
McDermott bags FEED contract for Michelin waste tyre recycling project
Texas-headquartered McDermott International has been awarded a Front-End Engineering Design (FEED) contract from the Michelin Group for an innovative waste tyre technology enabling large-scale production of recycled carbon black. This award follows a similar FEED announcement in April, which is focusing on…
Kumho to boost NB latex capacity with planned production line
South Korea-based multinational chemical company Kumho Petrochemical is reportedly planning to add a new acrylonitrile-butadiene latex (NB latex) production line to boost its output by nearly a quarter million tonnes. The company, which is touted as the world’s largest NB…
North American tyre group lauds ITC’s ruling on PVLT Tyres from Asia
The United Steelworkers (USW) union commends the International Trade Commission’s (ITC) final affirmative determination on dumped and subsidised passenger vehicle and light truck (PVLT) tyres from Korea, Taiwan, Thailand and Vietnam. The USW is the largest North American union in tyre manufacturing, representing workers…
Goodyear launches first tyre intelligence solution for cargo fleets
Ohio-domiciled tyre maker Goodyear Tire & Rubber Company has launched the first tyre intelligence solution for cargo van fleets. The Goodyear SightLine is said to enable seamless, safe and reliable mobility for all vehicles, starting with cargo vans serving the…
GPSNR unveils natural rubber industry’s first ever grievance mechanism
The Global Platform for Sustainable Natural Rubber (GPSNR)’s unveils first ever collective grievance mechanism in the natural rubber (NR) industry – a platform to address complaints against its members and which also creates a space for collaboration, improved relations and…