Germany-based online tyre trader Delticom is buying Berlin-based online tyre retailer Tirendo Holding and its subsidiaries for EUR50 million. Delticom says it is acquiring a rapidly growing company with complementary strengths in IT and marketing. For Tirendo, Delticom is an…
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New US$240 million facilities in Seoul for Hankook
HANKOOK Tire Co. Ltd. will build a US$240 million tyre proving grounds – the firm’s first, and engineering centre on a 1,420-acre site southeast of Seoul over a seven-year period as part of its strategy to improve its global research…
K2013: REP acquires Watson Brown HSM
French rubber injection moulding machinery maker REP International has acquired Watson Brown HSM-Berlin, its patented HSM devulcanisation technology as well as its devulcanisation centre. This centre is equipped with an operational devulcanisation line and a test laboratory operated by a…
Toyoda Gosei to start third plant in Mexico
Japanese supplier Toyoda Gosei has set up a new company in Mexico to strengthen its automotive rubber hose production in the US. The new company, Toyoda Gosei Rubber Mexico, S.A. de C.V. (TGRMX), will start production of fuel hoses and…
India to develop workforce with rubber skills
RUBBER Skill Development Centre (RSDC) Chairperson, Vinod Simon said during the recently concluded India Rubber Summit and Dinner in Kochi that about 50,000 individuals will be trained with rubber skills in the next one-year period. Together with All India Rubber…
Low domestic consumption strains Thailand’s pricing power, says Minister
ALTHOUGH a top global producer of natural rubber (NR), Thailand does not have the capacity to determine prices of NR; it only relies on the set prices in the global market, says Deputy Prime Minister and Minister of Agricultural and…
Silicone supplier Rochester Medical inks merger deal with Bard
ROCHESTER Medical Corporation, developer and supplier of silicone urinary incontinence and urine drainage products, has entered into a definitive merger agreement with C. R. Bard, Inc., maker and marketer of vascular, urology, oncology and surgical specialty products. at a price…
Tenneco aims for European plants restructuring
US firm Tenneco Inc. is intending to close its ride performance plant in Gijon, Spain and decomplex its ride performance plant in Sint-Truiden, Belgium as the company continues to address the ongoing weak macroeconomic conditions in Europe. Both plants manufacture…
Potier cites Arkema for biosourced polymer
THE ARKEMA group wins Pierre Potier prize with Rilsan HT, the first biosourced polymer from the polyphthalamide (PPA) family to combine high temperature resistance with flexibility. These characterics make it aptly suited to replace metal and rubber in under-the-hood tubing…
Rubber World wins insulation supply contract
UAE-based Rubber World Industries (RWI), has won a contract from Arabtec Construction Group to supply rubber insulated building materials. The manufacturer of closed-cell rubber insulation ‘Gulf-O-Flex’, says in a statement, that these materials are to be used in the development…