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.
Lanxess to build plant in Russia
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…