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…
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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…
Arlanxeo/TSRC inaugurate expanded jv NBR plant in Nantong
Synthetic rubber producer and a wholly owned subsidiary of Saudi Aramco, Arlanxeo, and Taiwanese synthetic rubber producer TSRC recently opened their newly relocated and expanded joint venture NBR (nitrile-butadiene rubber) plant in Nantong, Jiangsu Province, China. The new plant produces a broader portfolio…
Enviro/Michelin to create a circular solution for racing tyres
Tyre recycler Scandinavian Enviro Systems (Enviro) and French tyre manufacturer Michelin have initiated a collaboration following successful tests, which means that Enviro will recycle valuable raw materials such as carbon black and oil from Michelin’s used racing tyres. The recycled carbon…
Trelleborg launches EPDM for potable water systems
Trelleborg Sealing Solutions has launched the globally compliant WaterPro portfolio of ethylene propylene diene monomer (EPDM) sealing materials suitable for everyday use with potable water systems. Designed to meet all global regulations, WaterPro EPDM materials offer comprehensive solutions for the…
Sibur/Ikon Tyres develop treads from Russian synthetic rubber
Russian petchem firm Sibur and Ikon Tyres, a tyre plant of Tatneft in Vsevolozhsk, have developed and tested tyres with a tread made from import-substituted synthetic rubber, to do away for the need to import natural rubber from Asia. “The…