UK’s Synthomer Plc has announced an agreement to divest its latex compounding operations (the compounds business) to Belgian company Matco NV, a leader in compounds, water-based adhesives, and solutions for various industrial applications, for consideration of EUR27.5 million. The compounds…
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Tyre Industry: Speeding up towards sustainability
Amid environmental issues over rising carbon emissions, the rubber/tyre sector is stepping up ...
Angst+Pfister sets up production hub in Vietnam
Swiss elastomer producer Angst+Pfister recently held a grand opening for its wholly-owned APVN Sealing production facility in Vietnam. Located in Ho Nai Industrial Park, APVN Sealing is positioned as a central hub to serve customers across Southeast Asia and beyond.…
Sailun to delay expansion of Vietnam plant to 2025
China’s Sailun Group says it has revised the timetable for expanding production at its factory in Vietnam. Instead of starting up its operations by March 2024, the tyre maker will now complete the expansion by March 2025, it said in…
Ansell to add on Kimberly-Clark’s PPE business to portfolio
Australia’s Ansell Ltd is to acquire 100% of Kimberly-Clark’s Personal Protective Equipment business (KCPPE) for US$640 million. KCPPE is a global personal protective equipment business, designing, marketing and selling differentiated safety products including gloves, protective apparel and safety eyewear. The…
Country Focus: An alliance that keeps Asia’s “white gold” shining
Despite challenges in the global market and supply chain, Asia’s primary rubber producers are successfully achieving their growth targets, with China playing a pivotal role as a major trade partner, adds Angelica Buan in this report. China: a key figure…
Consortium identifies five potential alternatives to 6PPD
A global consortium of 30 tyre manufacturers, mobilised by the US Tire Manufacturers Association (USTMA), and representing the world’s largest tyre companies, has released a Stage 1 Alternatives Analysis (AA) report for 6PPD in tyres in accordance with California’s Safer…
Continental tyre plants on energy saving drive
Thanks to 160 energy-saving projects, Continental Tires reduced its annual energy requirements by around 150 gigawatt hours in 2023. This was achieved, for example, through the increased use of renewable energies and thermal insulation. The firm adds that 150 gigawatt…
South Korea’s KCC to fully acquire Momentive
Silicones and specialty solutions company Momentive Performance Materials is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners. “We’re excited by the opportunities KCC’s 100% ownership position will…
Goodyear opens simulation centre in Luxembourg to enhance tyre development process
Tyre maker Goodyear Tire & Rubber Company has officially opened its simulation centre in Luxembourg for tyre design and development. Outfitted with a DiM250 Dynamic Driving Simulator developed by VI-grade, the centre is designed to enhance Goodyear’s collaboration with OEMs…
Levidian unveils graphene-enhanced prototype truck tyre
UK climate tech leader Levidian recently unveiled its first prototype truck tyre, combining net zero graphene with carbon black in a new tread formulation that could unlock a future of greener, higher performance tyres. Launched at the Tire Technology Expo…