Austrian polymers firm Semperit says it has successfully completed the acquisition of Rico Group, a liquid silicone rubber (LSR) moulder and mould maker. After all approvals were obtained, the closing took place on 31 July 2023. Rico generated revenue of…
Tag: rubber
Holcim acquires Cooper Standard’s technical rubber unit
Building solutions firm Holcim says it has completed the acquisition of the Cooper Standard Technical Rubber GmbH (CSTR), a manufacturer of technical rubber products, which are used for roofing systems. Terms were not disclosed. Located in Mannheim, Germany, CSTR offers…
Shin-Etsu Chemical commits ¥100 billion investment to propel silicones portfolio, eco-friendly products line-up
Japanese chemical company Shin-Etsu Chemical is embarking on a bold new investment plan worth ¥100 billion to bolster its silicones portfolio, a pivotal component of its Functional Materials business segment. This significant move comes as the demand for advanced functional…
Oldrati awarded tender for rubber recycling R&D
Italian rubber processor Oldrati Guarnizioni Industriali SpA, part of the Oldrati Group, an Italian leader in the production of rubber, plastic and silicone products, has announced an investment of more than EUR6 million, thanks to the support of the Ministry…
Freudenberg develops ETU-free rubber compounds for crosslinking polymers
Germany’s Freudenberg Sealing Technologies says it has developed new chloroprene rubber compounds that require no ethylene thiourea (ETU) as an accelerator, while still meeting strict requirements of the automotive industry. Using ETU as an accelerator in the vulcanisation of chloroprene…
Pirelli to acquire Hevea-Tec, Brazil’s largest independent processor of NR
Italian tyre maker Pirelli has signed an agreement to acquire 100% of Hevea-Tec, the biggest independent processor of natural rubber in Brazil. The operation will be on the basis of an Enterprise Value of around EUR21 million, subject to the…
Yokohama Rubber develops additive-free, highly crack-resistant rubber material
Japan’s Yokohama Rubber, together with Shinshu University, has developed rubber material with crack resistance from nanoparticle-based tough polymers that can be recycled without deterioration, it adds. It furthers that the highly crack-resistant rubber material is made from nanoparticle-based polymers that…
Rubber leaf disease threatens plantations in Philippines
To protect the country’s rubber plantations, the Department of Agriculture in the Caraga Region (DA-13) says it has stepped up measures for the industry from the threat of Pestalotiopsis or rubber leaf fall disease. According to DA-13 Regional Technical Director…
German rubber association works with TfS to track CO2 across value chain
German Rubber Industry Association (wdk) says it has been committed to responsible procurement practices for raw materials and services in the rubber industry for many years. To advance the implementation of this goal, the industry association is now cooperating with…
Goodyear to cut capacity at German tyre plant
US tyre firm Goodyear Tire & Rubber says it will cut production capacity at its Fulda, Germany, tyre manufacturing facility by around 50% by year-end 2024. This move will result in approximately 550 job cuts. The company estimates that the…