Category: World News

Europe, Australia, Americas, Africa rubber news

Lanxess in talks about acquiring Taminco

LEVERKUSEN, Germany – Lanxess is in talks to buy Belgian chemicals group Taminco NV from private equity firm CVC Capital Partners for about EUR 1 billion or $1.4 billion, the Financial Times Deutschland reported. The acquisition would reportedly be the…

Goodyear’s groundbreaking

American Goodyear Tire & Rubber has broken ground on its new global headquarters complex in Akron, US. The project is scheduled to be completed in early 2013 and involves the relocation of 2,000 staff. The new building will serve as…

Medical unit buyout by Trelleborg

Swedish Trelleborg plans to buy medical-related businesses from Switzerland’s Silcotech Group for US$42 million. The acquired operation focuses on precision seals and components in liquid silicone, primarily for the pharmaceutical industry and medical technology sector and is also used in…

Michelin launches major Technology Center upgrade

TO strengthen its innovation capabilities and shorten new tire time-to-market, Michelin has undertaken a top-to-bottom €100 million upgrade of its global research and development center in Ladoux, near Clermont-Ferrand in France. In the center, where 3,300 people work, an entirely…