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Tyre Industry: Speeding up towards sustainability

Amid environmental issues over rising carbon emissions, the rubber/tyre sector is stepping up ...

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US company buys glove maker

US-based Vystar, the creator of Vytex Natural Rubber Latex (NRL), a patented, all-natural raw material that reduces antigenic proteins found in natural rubber latex, is merging with Malaysia-based reusable exam gloves manufacture EcoGlove Asia Pacific. Terms of the merger have…

Evonik flushed with funds after divestment

THE successful divestment of its carbon black business means that Germany-based chemicals company Evonik has added on EUR900 million to its coffers. The new owners are investors Rhône Capital and Triton Partners and the business has been renamed as Orion…

Tyre facility to bring 150 new jobs

TIRE International has established a third-generation recycling and manufacturing operation on Cypress Gardens Road. Berkeley County received great news last week on the jobs front. Gov. Nikki Haley, the South Carolina Department of Commerce, Berkeley County and the Charleston Regional…

US firm moves from China to its home base

WHILE most companies seek low-cost production bases, US-based tyre recycling company Tire International is moving its operations out of China and investing US$25 million to set up a recycling and manufacturing facility in Berkeley County. It has set up a…