Orion Engineered Carbons S.A., announced that the acquisition of the remaining shares of the carbon black business (QECC) in Qingdao, China was recently completed. “The total purchase price of approximately EUR28 million for 100% of the equity of QECC was…
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Wacker expands capacity at Burghausen Site
The Munich-based Wacker Group has expanded its production capacity for functional silicone fluids at its Burghausen site. Investments in the expansion amount to around EUR26 million. The expansion is increasing the plant’s total production capacity by around 70 percent. “The…
ContiTech Air Spring Systems gets new boss
ContiTech appoints Claus Peter Spille as the new head of ContiTech Air Spring Systems. He succeeds Konrad Müller, who is retiring. In his new role, Spille will report to Hans-Jürgen Duensing, member of the Executive Board at Continental and responsible…
US reject Volkswagen’s plans to recall vehicles
The California Air Resources Board (CARB) rejected Volkswagen’s plan to recall two-liter diesel passenger vehicles sold in California between 2009 and 2015. It also notified VW of violations of California air quality regulations associated with the company’s use of a…
Michelin UK launched women recruitment drive
Michelin is hoping to drive more women into a career in logistics this month, as it announces more than 20 jobs will be created at its Stoke-on-Trent warehouse and distribution facility over the next nine months. The new roles come…
Green tyres boost poor silica demand in China
China’s silica (white carbon black) industry after rapid expansion over the preceding years has seen overcapacity and intensified competition among enterprises, combined with depressed demand from downstream sectors such as tyre and shoemaking. A study by Reportlinker says that China’s…
Azerbaijan tyre market to grow at over five percent until 2020
According to TechSci Research report “Azerbaijan Tyre Market Forecast & Opportunities, 2020”, the country’s tyre market is projected to grow at a CAGR of over five percent during 2015 – 2020. In 2014, passenger car segment dominated Azerbaijan tyre market,…
Wacker launches silicones for LEDs
Munich-based chemical company Wacker developed Lumisil 590 and Lumisil 591, new encapsulants for light emitting diodes (LED) and optical components. The compounds are made of highly transparent silicone elastomers with a high refractive index. The products withstand high operating temperatures…
Sri Lankan rubber industry has US10bn potential
Sri Lanka only accounts for 1 percent of rubber production, but it is the largest producer of industrial tyres—accounting for 60 percent of the global market, according to said Sri Lanka Association Of Manufacturers & Exporters of Rubber Products (SLAMERP)…
Tatneft project awarded National Project status
Tatneft’s project “Technology Development for hydroconversion of heavy petroleum feedstock to produce high-quality fuels, oils and raw materials for petrochemical processes” has been assigned national project status in Russia. The decision was taken at a meeting of the working group…