Chinese tyre maker Prinx Chengshan is acquiring land plots in Thailand worth an estimated US$25 million for its new plant. The transaction involves purchase of 2,250 acres of land in Tambon Nong Suea Chang, Amphur Nong Yai and Tambon Klong-Kew,…
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Kuraray, PTT Global Chemical and Sumitomo jv bankrolls investment for butadiene derivative plant in Thailand
Kuraray GC Advanced Materials Co, Ltd, a Bangkok-headquartered joint venture company co-founded by Tokyo-headquartered Kuraray Co, Ltd, and Sumitomo Corporation; and Bangkok-based PTT Global Chemical; have been carrying out a Feasibility Study for the manufacture and sale of butadiene derivatives…
Michelin finalizes billion dollar acquisition of Camso
Michelin completed the acquisition of Camso, after announcing initiation in July 2018. A total of US$1.36 billion was invested in the acquisition. Reporting net sales of US$1 billion, Camso has been designing, manufacturing and marketing OTR mobility solutions since 1982.…
Wacker expands silicone rubber production globally
Wacker Chemie AG is increasing its global production capacities for silicone rubber. With plans to expand several sites, Wacker aims to gradually raise its capacities by a total of 40,000 metric tons per year by 2021. Approximately EUR100?million has been…
Hainan Rubber Group ventures into graphene-rubber exploration
Hainan Rubber Group has set up a new research facility, which will start developing graphene and natural rubber composites. The company’s partnered with Aero Engine Corp. of the Beijing Institute of Aeronautical Materials, China’s largest aerospace materials engineering institute, to…
Arlanxeo launches Keltan KSA self service platform
Leading synthetic rubber company Arlanxeo has launched its Keltan KSA Self-Service platform to serve 24/7 its customers. This innovative online platform offers customers full-control and direct interaction, at their own convenience from any location in the world, according to Arlanxeo…
New tough protein for rubber
Chinese scientists have produced a synthetic analogue to vulcanized natural rubber. The material is said to be just as tough and durable as the original. The key to the new material is short protein chains attached to the side-chains of…
Cooper Tire, Sailun form jv for new TBR tyre plant in Vietnam
Ohio-headquartered Cooper Tire & Rubber Company has agreed to form a joint venture (jv) with Sailun Vietnam Co, Ltd, a Tây Ninh-based manufacturer of off-highway tires and all-steel belted tyres, to build a manufacturing plant with the capacity to produce…
Borflex scores Swiss rubber parts producer
The Borflex group, a French creator of rubber and composite solutions, is acquiring Swiss company Rex Articoli Tecnici, a specialist in the design and production of rubber and thermoplastic parts. Rex’s main markets are rolling stock and railway infrastructure, multi-material…
Alibaba to set up e-commerce site for Thai rubber
Alibaba is working with the Rubber Authority of Thailand (RAT) to provide an auction system for Chinese buyers of Thai rubber in China. They anticipate annual sales of at least 200,000 tonnes. Nakorn Tangavirapat, deputy governor of the RAT, said…