US-based Driven Brands, the owner of franchised US automotive repair chains including Maaco and Meineke Car Care, is exploring a sale that could value it at more than US$600 million, according to a Reuters report. Driven Brands is owned by…
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Tyre Sector: Setting in motion the wheels of change
Once liabilities and eye sore on landfills, end-of-life tyres have now become assets ...
Tyres: Space’s the limit for rubber tyres
Innovative rubber tyres are entering the era of space missions: as a catalyst ...
Medical: Flexible artificial muscles from liquid crystal elastomers
In Canada, an international team led by researchers at the University of Waterloo ...
Tyres: Tyre makers take the wheel to turn the sustainability corner
From landfill to factory, the tyre sector is expanding the circular use of ...
LSR: Silcotech and Momtech partner for baby bottle
Anyone who has ever fed a baby can tell you it’s not necessarily ...
EnPro completes GRT rubber unit sale
US-based EnPro has completed the US$44 million sale of its GRT rubber manufacturing unit to GRT Rubber Technologies, a newly formed business funded by an investor group led by Main Street Capital Corp. EnPro will make Fabrico part of its…
Case against Apollo Tyres dismissed
The US court has struck out the case against Indian Apollo Tyres brought by US firm Cooper Tire and Rubber. Apollo was in a deal to buy Cooper but the latter later pulled out. “Pursuant to the ruling by Vice…
Hexpol to buy over RheTech
Rubber compounds company Hexpol has agreed to buy over polymer compounder RheTech Thermoplastic Compounding for US$112 million on a cash and debt free basis. “The acquisition expands Hexpol Compounding NAFTA´s capabilities and capacities within Polymer Compounding and is a very…
Tyre sales to grow, group predicts
The Rubber Manufacturer Association (RMA) has predicted that the shipment of tyres will increase to more than 310 million this year. Other forecast are as follows: Original equipment passenger tyres: the demand for passenger OE tyres this year are expected…
Kumho wins quality award
Korean-based tyre manufacturer Kumho has won the Quality Award from French automotive manufacturing group Renault. It is the first Korean-based manufacturer to win the award. The award event was held at Renault Group’s world headquarters in Boulogne-Billancourt, France. “It is…
Marangoni scores 4 mn tyre treads
Tyre manufacturer Marangoni Tread North America recently achieved a milestone when it produced its 4 millionth tread tyres at its Madison, Tenn., plant. “We are proud and thankful that we have been able to achieve this important milestone. Our unit…
SNR-i to launch pilot phase
The Sustainable Natural Rubber Initiative (SNR-i), a voluntary and collaborative industry initiative under Singapore-headquartered IRSG (International Rubber Study Group), is set to launch its pilot phase and website beginning this month. SNR-i was developed to secure a global sustainable natural…
Bridgestone wins legal battle with Chinese rubber companies
Bridgestone Corporation (the Company) announced that it has received a favorable ruling in its lawsuit regarding infringement of its design rights against two Chinese companies: JIANXIN RUBBER (FUJIAN) CO., LTD., and PT.Beststone Rubber Industries Co., Ltd. In September 2011, the…
Trang rubber planters set to received entire compensation this month
Almost 97 percent of registered rubber farmers in Trang have already received their compensation payments, while the province is set to complete the whole payment to the rest of the farmers within January 2015. The governor of Trang Somsak Parisuttho…