US-based Vystar Corporation is moving forward in its efforts in expanding its product lines and applications for Vytex deproteinised natural rubber latex (NRL). “Vystar has made significant progress in its product lines and new business pipeline in the past year…
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VMI Group opens state-of-the-art manufacturing facility in Poland
Netherlands-based VMI Group, a world-leading supplier of a comprehensive range of machinery for the rubber compound and tyre manufacturing industry, has opened a new manufacturing facility in Poland. It was officially opened by Lukasz Borowiak, mayor of Leszno, and Alexander…
Pirelli to sell 40% IPO stake as it returns to Milan stock exchange
Italian tyremaker Pirelli will be selling up to 40% of its equity capital in an initial public offering (IPO) as the company prepares to return to the Milan stock exchange in October. Pirelli was acquired by state-owned China National Chemical…
UAE’s Sharjah completes 1.3km rubber walkway on Al Hamriyah Beach
The third largest and third most populous city in the United Arab Emirates (UAE), Sharjah, has completed the construction of a 1.3-kilometre rubber walkway, a service building, and a 3-metre wide interlock walkway on Al Hamriyah Beachtotalling an investment of…
Evonik Industries acquires Huber’s silica business for US$630 mn
US-based portfolio management company J.M. Huber Corporation have completed the sale of its Huber Engineered Materials’ (HEM) silica business in a US$630 million deal with global specialty chemicals leader Evonik Industries AG. The transaction, completed after approvals from the European…
CKR Carbon to supply Aukam graphite for manufacture, testing of tyres
Canada-based CKR Carbon Corporation, an integrated graphite to hybrid graphenes development company, will be supplying Aukam graphite concentrate for the manufacture and testing of 400 high-performance tyres by its European graphene manufacturing partner. CKR Carbon and EMG, a leading European…
CHT Group further expands in US market with ICM Silicones Group acquisition
German chemical group CHT Group, a leading silicone specialties supplier in Europe, is further expanding its geographic reach in the US market with its acquisition of ICM Silicones Group, a leading solutions provider for high performance silicone emulsions and silicone…
China looking to import 300,000 tonnes of rubber from Cambodia
A company from China is looking to import some 300,000 tonnes of rubber from Cambodia by early next year, according to Pol Sopha, director-general of Cambodia’s Agriculture Ministry’s general directorate of rubber. The move coincides with the Cambodian government’s plan…
India imposes anti-dumping duty on SBR from Thailand, South Korea and EU
India’s Finance Ministry has approved a definitive anti-dumping duty on Styrene Butadiene Rubber (SBR) of 1500 and 1700 series imported from the Thailand, South Korea, and the European Union (EU). The duty will be imposed for five years, unless revoked…
Japan’s Shin-Etsu to expand silicones production in the US
Japan’s largest chemical company, Shin-Etsu Chemical Co., Ltd., is investing 2.4 billion Yen to expand the silicones production capacity of the Akron plant in Ohio of its group company Shin-Etsu Silicones of America (SESA). The expansion work is expected to…