ITALIAN petrochemical technology firm FasTech has licensed its EPDM technology to petrochemical firm Shaanxi Yanchang Petroleum Yanan Energy and Chemical that will build a 50,000 tonne/year-plant in Xian. Yanchang’s plant will start up in 2014 and will be fed with…
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Tyre Industry: Speeding up towards sustainability
Amid environmental issues over rising carbon emissions, the rubber/tyre sector is stepping up ...
New subsidiary for MHI
JAPANESE firm Mistubishi Heavy Industries (MHI) will establish wholly-owned subsidiary to handle the industrial machinery business, including material handling systems and rubber and tyre machinery, effective April. It will be created by integrating the industrial machinery business, currently being operated…
Hexpol acquires TPE maker
GERMAN firm Hexpol’s acquisition of Müller Kunststoffe has been finalised, with the latter becoming a part of business area of the compounding business thereby broadening Hexpol’s TPE portfolio. According to Hexpol, the acquisition price of EUR39 million is funded by…
Koppers’s Chinese carbon plant
US-based carbon compound and treated wood products maker Koppers is setting up three coal-tar based carbon product plants in Jiangsu, China, with Nippon Steel Chemical, Sojitz JECT, Yizhou Group and the Pizhou government. The facilities will comprise a 250,000 tonne…
Second rubber park in India
INDIA has set up a Rs23 crore industrial rubber park in Bodhungnagar in Western Tripura. A joint venture between the Tripura Industrial Development Corporation (TIDC) and the Rubber Board, it is the second of its kind in the country after…
Keyuan assured of raw material from Shell
CHINESE petrochemicals firm Keyuan Petrochemicals has signed a long-term supplier agreement with Shell Petrochemicals, a joint venture between CNOOC and Royal Dutch Shell Group, to purchase butadiene, an essential raw material used in the production of styrene-butadiene-styrene (SBS). This year…
Goodyear reports Q4 results
GOODYEAR Tyre & Rubber Company reported fourth quarter EPS of US$ 0.03, ex-items, versus estimates of US$ 0.20. Revenues in the quarter rose 12% year-over-year to US$ 5.68 billion, missing estimates of US$ 5.88 billion. Richard J. Kramer, chairman and…
New website for European fleets
Goodyear Dunlop has launched a website dedicated to providing fleets with information to reduce their costs and improve their carbon footprint.
Apollo’s tyre awards recognise Indian fleet operators
The two top winners and other awardees were selected from more than 5,140 entries received from fleet operators across India.
German rubber chemical facility opens in India
The relocation is due to good infrastructure and opportunities for future expansion offered by the large Lanxess site at Jhagadia and its proximity to key customers.