US company Carlisle has completed the sale of its non-roofing and waterproofing unit of its German company, PDT Phoenix, to Switzerland-based Datwyler Group. The business unit makes elastomer profiles for use in applications for tunnels, rail, windows and facades. (PRA)
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Hankook reaches the mark
SOUTH Korean tyre maker Hankook Tire has reached US$1 billion sales in the US for the 2011 fiscal year for the first time in its 30-year history. “Our continued strong growth in the US market is driven by our investment…
Exxon’s butyl rubber output expanded in Japan
ExxonMobil EMYK’s joint venture with JSR Corporation in Japan, JBC, will expand the capacity of its halobutyl rubber plant at Kashima to 80,000 tonnes/year by 2012
Lanxess teams up with Hwaseung
Lanxess and South Korea’s tier-one automotive supplier, Hwaseung Corporation, have entered into a long-term agreement where Lanxess will supply Hwaseung with EPDM rubber and both companies will focus R&D efforts on speciality rubber applications. Ethylene propylene diene monomer (EPDM) synthetic…
Lanxess aims for billion mark in China
Lanxess is continuing to focus on the growing Chinese market and is targeting sales of more than EUR1 billion there in 2012
Ansell invests in Yulex and Lakeland
US-based glove, condom and protection solutions provider Ansell has been on a buying spree having purchased a minority share in Yulex, a manufacturer of biopolymers derived from guayule, and a 9.66% stake in Lakeland Industries, which manufactures safety garments and…
Goodyear envisages shortage of aviation tyres
Due to the severe flooding in Thailand, US-based Goodyear Tire & Rubber expects a global shortage of bias aviation tyres that may begin affecting the commercial airline industry in February or March
Mesnac takes stake in US company
CHINESE company Mesnac, which develops and manufactures tyre equipment, is taking up 100% equity in US-based tyre tooling company Wyko Tire Technology. While terms of the deal were not disclosed, Wyko owners Ian Smith and David Jones said Wyko’s 60…
Lehigh completes capacity expansion
The capacity expansion project, which started earlier this year, required investment of more than US$3 million
Recyclable airless tyre from Bridgestone
JAPANESE tyre maker Bridgestone has developed a non-pneumatic (airless) concept tyre that could prove to be a viable and more environmentally-friendly alternative to conventional tyres. Bridgestone’s tyre has a structure of spokes stretching along the inner sides of the tyres…