The EUR5 million plant will start up in 2013 and in 2016, a production facility for bladders used in tyre production will be added.
Metal housing supplier bought by ElringKlinger
Hug is being further developed for exhaust treatment technology and filter substrates within ElringKlinger to serve primarily as a R&D site.
Trelleborg divests French auto unit
The transaction is expected to be finalised in the first quarter of 2012.
AfriRen obtains finance for Ghanaian rubber biomass
The site is being developed by its Takoradi Renewable Energy subsidiary as part of an US$8 million investment by AfriRen in biomass production in the West African nation.
Baosteel starting up wire rod facility
CHINESE steel wire maker Jiangsu Baosteel is marking its entry into the high-grade wire rod product field with the set up of precision steel wire facility in Jiangsu Haimen Haibao Industrial Park. The project will be constructed in two phases…
Orion builds carbon black plant in South Korea
US-based Orion Engineered Carbons will construct a fifth production unit for tread blacks at its plant in Yeosu, South Korea. The additional unit will increase the plant’s annual output by 36 tonnes to a total of 188 tonnes. The project…
Kobe/L&T tyre machine facility running
JAPANESE company Kobe Steel’s joint venture with India’s Larsen & Toubro has started up production of rubber processing machinery in India. Called L&T Kobelco Machinery, the joint venture manufactures rubber mixers and twin-screw rollerhead extruders used in making tyres. The…
Cooper buys tyre facility in Serbia
US-based Cooper Tire & Rubber is acquiring the assets of a tyre making facility in Krusevac, Serbia. Cooper CEO Roy Armes stated that the company elected to invest in Serbia not only because of its significant economic potential, but also…
Higher sales for Hankook
SOUTH Korean Hankook Tire had record global sales of KRW6.484 trillion and operating profit of KRW566.3 billion for fiscal year 2011. Hankook Tire continued to record double-digit growth surpassing its annual target set in the beginning of 2011 to finish…
New tyre marking technology from Bridgestone
JAPANESE tyre maker Bridgestone has developed a revolutionary new printing technology for tyres said to be different from any tyre printing or colouring process on the market. Until now, white rubber has been used on the sidewalls of tyres to…