Bridgestone Retail Operations, LLC (BSRO) will acquire Pep Boys in an all-cash transaction for US$15 per share, or approximately US$835 million in aggregate equity value. The transaction is expected to close in the beginning of 2016. Pep Boys, headquartered in…
Monster Jam goes to Europe
After the summer tour in Spain and Belgium last June, Monster Jam is back in Europe. The show will travel to the capitals of Sweden and Finland. BKT, official and exclusive tire manufacturer of Monster Jam till 2018, will be…
Mitas aims to launch PneuTrac in 2017
The development of the Mitas PneuTrac concept reached a new milestone with the start of field tests. Mitas has outlined its goals for further development of PneuTrac. Mitas’ goal is to have market launch by the end of 2017. “The…
ETRA and ASTM want to set recycled rubber standards
The European Tyre Recycling Association (ETRA) and the ASTM International partnered to help establish globally recognised ASTM standards for recycled tyre materials, from crumbs and powders through to recovered Carbon Black (rCB). This development will be one of the subjects…
Rubber City targets up to RM10 bn in investments
The Rubber City being built in Padang Terap, Malaysia is scheduled to open next year and is eyeing investments of between RM5 to 10 billion. Kedah Menteri Besar Datuk Mukhriz Tun Mahathir said that acquiring land, constructing roads, and providing…
Dow to optimize ownership in Kuwaiti Joint Ventures
The Dow Chemical Company intends to restructure its participation in its group of Kuwaiti Joint Ventures with the objective of optimizing its investment and expanding its relationship with Greater EQUATE on the U.S. Gulf Coast. The optimization is expected to…
Avon Rubber acquires Argus
Avon announced the acquisition of Argus thermal imaging camera business of e2v technologies (UK) Limited, a subsidiary of e2v technologies plc, for EUR 3.5million. Based in Chelmsford, UK, Argus is a leading designer and manufacturer of thermal imaging cameras for…
Rubber machinery market to reach US$4.07bn in 2017
The rubber machinery market in China is expected to reach US$4.07 billion on 2017, according to Global and China Rubber Machinery Industry Report, 2014-2017 by Sino Market Insight. The rubber machinery industry in China showed a strong rebound in 2013,…
IISRP publishes its 19th edition Synthetic Rubber Manual
The International Institute of Synthetic Rubber Producers (IISRP) published the 19th edition of The Synthetic Rubber Manual, a source for synthetic rubber product grade information. The manual also includes detailed contact information of global synthetic rubber producers and summaries of…
Camso renews deal with PSA Singapore Terminals
Off-road tyre manufacturer Camso recently signed another two-year contact with PSA Singapore Terminals (PSA) for supply and delivery of pneumatic tyres. Camso’s product quality, delivery, and on-site service are critical factors to ensure the constant movement of port vehicles. Their…