Lanxess announced that it plans to sell its remaining 50 % stake in Arlanxeo to its joint venture partner Saudi Aramco. The two companies, that founded Arlanxeo in 2016 as a 50:50 joint venture for synthetic rubber, signed a respective agreement on 8 August 2018.
Davis-Standard will be offering its extrusion seminar “The Basics of Plastics Extrusion” on 9 – 10 October 2018 at its headquarters in Pawcatuck, CT, USA. The two-day class covers the fundamentals of plastics extrusion as well as the composition and properties of various polymers and the mechanics of essential downstream processes. Seminar topics include extruder components, temperature control, maintenance and screw design.
Maguire Products, Inc. has launched the WXB Weigh Extrusion Blender that provides extrusion control based on batch precision and metering accuracy. According to the manufacturer, the machine can be interfaced with a supervisory system that controls the total production line and has been proven effective in blown and cast film, sheet, pipe and profile, and wire and cable applications.
Rogers Corporation announced the acquisition of Griswold LLC, a manufacturer of custom-engineered cellular rubber and microcellular polyurethane foams, based in Moosup, CT, USA. The transaction closed on 6 July 2018. Financial details were not disclosed.
On 6 August 2018, Covestro announced the launch of the brand name Maezio for its continuous fibre-reinforced thermoplastic composites (CFRTP). According to the manufacturer, these products are set to tap into the growing demand worldwide for strong and light materials that contribute to resource conservation and energy efficiency. From mobility and electronics industries to consumer goods and medical products, OEMs and part suppliers can benefit from the performance capabilities of CFRTP composites while enjoying cost-effective and scalable manufacturing solutions, said Covestro.
The 19th edition of the tyre design and tyre manufacturing exhibition and conference Tire Technology Expo will take place from 5 – 7 March 2019 on the exhibition grounds of Deutsche Messe AG in Hanover, Germany. The exhibition offers a technology showcase with exhibits of equipment and materials covering the complete spectrum of the tyre manufacturing process.
Cimcorp, a manufacturer and integrator of turnkey robotic tyre-handling and order fulfillment solutions, has been selected as strategic partner by Shandong Linglong Tyre Co., Ltd. for its tyre plant automation projects.
LCY Chemical Corp. and global investment firm KKR announced the signing of a share exchange agreement for a consortium led by KKR to acquire all of the issued and outstanding shares of LCY. The transaction, which has been unanimously approved by the board of directors of LCY, represents a total market capitalisation of approximately TWD 47.8 billion (~ USD 1.56 billion).
Cooper Standard announced that it has agreed to acquire Lauren Manufacturing and Lauren Plastics, with more than 500 employees across four facilities – two in New Philadelphia, OH, one in Kent, OH, and one in Spring Lake, MI, USA.