Japanese tyre maker Yokohama Rubber has acquired a former tyre manufacturing facility in Romania for US$35 million to expand production capacity for off-the-road (OTR) tyres in Europe. The purchase of the plant in Drobeta-Turnu Severin through subsidiary Yokohama TWS Romania…
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Portugal’s BB&G acquired; to expand tyre recycling to Asia
Investment firms Prismore Capital, BDI-BioEnergy International GmbH, and JR New Horizons (the investment arm of the Rieckermann Group) have jointly acquired Grupo BB&G’s advanced tyre pyrolysis technology through BB&G Recycling, a newly formed subsidiary. The investment includes patents, know-how, a demo plant in Portugal, and a collaboration agreement with tyre…
Pyrum/Thermo Lysi move forward for tyre recycling plant in Greece
German tyre recycler Pyrum Innovations and Thermo Lysi SA have signed an engineering contract for the amount of EUR2.2 million. The contract marks an important milestone for the company, as it is the first engineering contract to be signed after…
Steer claims a first with inline plastic/rubber compounding technology
Indian compounding machinery firm Steer World has developed new inline compounding technologies for rubber and wet pigment applications, plus an inline compounding solution that converts rubber bales directly into pellets, which it says was previously considered unachievable on a twin-screw extrusion platform. It adds that “this…
Goodyear Tire off loads rubber business for US$650 mn
In line with its transformation programme, tyre firm Goodyear Tire & RubberCompany is selling most ofits chemical business, Goodyear Chemical, to Gemspring Capital Management in a deal valued at around US$650 million. The transaction is subject to regulatory approval, as well as other customary closing conditions. As…
Wacker expands speciality silicones output in China
German chemical firm Wacker, in response to rising demand for high-quality specialty silicones in China, has expanded its production capacities at its Zhangjiagang site. The new production complex will manufacture silicone fluids, silicone emulsions and silicone elastomer gels. Production is…
Sojitz acquires majority shares in SBR latex producer Nippon
Sojitz Corporation, Sumitomo Chemical Co and Mitsui Chemicals have concluded a share purchase agreement in which Sojitz will acquire shares in Nippon A&L, a company engaged in R&D, manufacturing, and sales of SBR latexes and ABS resins. Following the necessary…
Bridgestone ups capacity in the US
Against the backdrop of the imposition of the 25% tariffs on auto parts imports introduced by the US, Japanese tyre maker Bridgestone has announced that it plans to increase the capacity at two of its US plants. According to Bridgestone’s Q1 2025 report,…
Nexen Tire ties up with LD Carbon for rCB supply
South Korean tyre maker Nexen Tire announced that it has signed a long-term supply agreement with recycling firm LD Carbon Co for recovered carbon black (rCB). Through this partnership, Nexen adds it will use this collaboration to boost the adoption of…
Cariflex opens US$350 mn polyisoprene latex plant in Singapore; targeting medical sector
Singapore-based Cariflex Pte Ltd, a supplier of polyisoprene rubber latex for medical-end markets and wholly owned subsidiary of South Korea’s DL Chemical, recently inaugurated its new polyisoprene latex plant at Jurong Island. With an investment of US$355 million, the plant is said to be the largest of its…