Chinese tyre manufacturer Shandong Linglong Tire (Linglong) has decided to build its fifth tyre plant at Changchun Automobile Economic & Technological Development Zonein Jilin province, which houses a range of automakers including FAW-Volkswagen and FAW Jiefang. Linglong plans to invest…
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Trinseo evaluates sale of SM/PBR assets in Germany
Trinseo, a manufacturer of plastics, latex binders, and synthetic rubber, says that it is looking at disposing its styrene monomer assets in Boehlen, Germany, and its polybutadiene rubber (nickel and neodymium-PBR) assets in Schkopau, Germany. The combined Adjusted EBITDA of…
Synthomer completes acquisition of Omnova
UK polymer company Synthomer says that it has completed its acquisition of Omnova Solutions Inc, a US-based specialty chemical company that manufactures emulsion polymers, speciality chemicals and decorative products. Synthomer had made an offer to buy Omnova for an enterprise…
Michelin ends tyre production after 50-year run at Scottish site
Michelin has officially stopped tyre production at its factory in Dundee, eastern Scotland, after half a century. The French tyre maker decided that continued production at the factory would be “unviable and unwise” in light of the growing challenges caused…
ZC Rubber, Nanjing Lvjinren sign contract to expand rubber recycling capacity
Chinese tyre manufacturer Hangzhou Zhongce Rubber (ZC Rubber) is to expand its capacity for recycled rubber together with Nanjing Lvjinren Rubber & Plastic High-tech Company (Nanjing Lvjinren Rubber). The expansion project – part of ZC Rubber’s quest to find the…
Dow to invest US$300mil in silicones expansion project in China
American giant Dow Inc. (Dow), following an MoU signed with China’s Zhangjiagang Free Trade Zone (FTZ), will invest at least US$300 million throughout the next five years to expand capacity for differentiated silicones products manufactured in the region. Dow will…
Synthomer to sell latex business to Trinseo; sees strong growth
UK company Synthomer is to sell its Pyratex VP Latex business in Germany to materials firm Trinseo, ahead of its purchase of Omnova, a US-based specialty chemical company which manufactures emulsion polymers, speciality chemicals and decorative products. Completion of the…
Rubber demand globally on a downward trend in 2020
According to the Malaysia-headquartered Association of Natural Rubber Producing Countries (ANRPC)’s March report, the world consumption of natural rubber (NR) fell 19.6%, year-on-year, during the first quarter of 2020, as per the preliminary estimates and forecasts of individual countries. The…
Yokohama India opens new Club Network store in commercial centre Mangalore
Japanese Yokohama Rubber’s fully-owned subsidiary, Yokohama India, has just opened the doors of its first retail store in Mangalore, Karnataka, under the region’s leading tyre dealer Good Wheel. The Yokohama Club Network (YCN) store in Mangalore is the latest in…
Malaysian glove makers push for 100% capacity production due to COVID-19
As the World Health Organization has asked glove manufacturers to produce more medical gloves in light of the COVID-19 pandemic, the Malaysian Rubber Glove Manufacturers Association (MARGMA) is urging the government to allow their factories to continue production at full…