Sweden-headquartered Scandinavian Enviro Systems (Enviro) has received MSEK 17.6 in milestone compensation from its joint venture company, following significant progress in the construction of its Uddevalla plant. The payment is split evenly between cash and shares in the joint venture.…
Tag: plant
Bridgestone to lay off workers at US farm tyre plant
Against the back of the biggest fall in farm income in the US in two decades, tyre maker Bridgestone-Firestone has announced layoffs at its Des Moines, Iowa, plant, where most of the company’s tractor tyres are produced. It declined to…
Elkem Silicones launches expansion of Chinese plant
Silicones manufacturer Elkem says it has achieved an important milestone by successfully completing the trial production phase of its Chinese plant, Phoenix, at its Xinghuo site, Xinghuo Industrial Park in Yongxiu County, Jiangxi Province. The project involves the construction of…
Pyrum to expand capacity with 2nd plant in Saarland
End-of-life-tyre recycler Pyrum Innovations has this year set up a wholly owned subsidiary Pyrum GreenFactory II to operate the second Pyrum plant in Saarland, as announced last year. It had at that time stated that the plant would be in…
Continental invests in US$90 mn hose plant in Mexico
German technology company Continental has kicked off the year with the announcement of the construction of a new hydraulic hose plant for industrial purposes. The planned investment is of around US$90 million and is one of the biggest investments for…
Pyrum to build 2nd plant in Germany
End-of-life tyre (ELT) recycler Pyrum Innovations says that it will construct a new pyrolysis plant in Homburg, Germany, after the Homburg City Council voted in favour of the sale of a city-owned property to Pyrum. The contract to secure the…
Bridgestone to invest EUR70 mn in Pune plant expansion
Tyre maker Bridgestone says it will invest around EUR70 million over the next three years in its Indian plant to expand production capacity and upgrade technology at its Chakan, Pune, plant. The investment will be for capacity and technology upgrades…