Italian rubber recycler Rubber Conversion says it has closed a EUR2.5 million financing round. The start-up that is active in rubber recycling, spanning pre and postconsumer scrap says it will use the funds to expand its processing capacity and enter…
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Nokian to expedite expansion in Europe
Since the war in Ukraine has caused high uncertainty related to Nokian Tyres’s operational environment and manufacturing capacity, the company expects to expedite its plans to invest in new production capacity in Europe. Therefore, the Board of Directors of Nokian…
Bridgestone awarded US grant to advance guayule research
After more than a decade of conducting and investing US$100 million into research on guayule as an alternative to natural rubber for tyres, tyre maker Bridgestone Americas (Bridgestone) has been awarded a research grant by the US Department of Energy (DOE) Joint…
Malaysia’s glove sector ready for endemic stage
With Malaysia, the largest producer of gloves in the world, set to open its borders on 1 April, the Malaysian Rubber Glove Manufacturers Association (MARGMA) has welcomed the government’s move to transition to the endemic stage of the two-year pandemic…
Audi microplastics filter for tyre particles passes endurance tests
The Audi Environmental Foundation has developed filters for urban runoff in conjunction with the Technical University of Berlin. They prevent tyre wear particles and other environmentally harmful substances from being washed into sewers and bodies of water along with rainwater.…
New technology enables detection of micro/nanoplastics from road wear of tyres
Swedish scientists at the University of Gothenburg have developed a technology to detect small tyre wear particles that previously were too tiny to be noticed. A new study shows that a form of optical tweezers can be used to detect…
Indian Oil to construct PBR plant in India
Indian Oil Corp (IOCL) has said that it plans to build a 60 kilotonne-per-annum (ktpa) polybutadiene rubber (PBR) plant at its existing naphtha cracker complex in Panipat, north of Delhi. IOCL is said to be investing around US$190 million in…
Trelleborg sells Trelleborg Wheel Systems to Yokohama for EUR2 bn
Trelleborg Group has signed an agreement to divest its Trelleborg Wheel Systems business area to Yokohama Rubber Company Ltd. for EUR2 billion on a cash and debt free basis, which represents 13x the business area’s 2021 operational EBITDA, or 17.5x…
AGM appoints Rayoung Chemtech as Taiwanese distributor
Applied Graphene Materials, the producer of specialty graphene nanoplatelet dispersions, says that it has signed an exclusive distribution agreement with Rayoung Chemtech Inc. (headquarters, Taipei, Taiwan). The partnership will extend AGM’s commercial reach directly into the region’s liquid resins, coatings, composites and…
Arlanxeo ups Chinese EPDM capacity by 15% via operational efforts
Synthetic rubber producer Arlanxeo, a subsidiary of Saudi Aramco, says it has reached a new milestone in advancing operations efficiency at the EPDM plant in Changzhou to increase annual capacity by 15%. Leveraging on its R&D capability at the Changzhou plant, the operations efficiency…