Goodyear: Acquisition of Cooper Tire & Rubber Company
On 22 February 2021, the Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total enterprise value of approximately USD 2.5 billion.
read moreRubber Heart: Launch of new website
Marketing and communications company Rubber Heart has launched a new website that is now live at www.therubberheart.com.
read moreThe Munich-based machinery manufacturer KraussMaffei Group is selling its subsidiary KraussMaffei Austria to the Austrian family-owned company Luger GmbH.
read moreBridgestone, Arlanxeo and Solvay together have launched Techsyn, a new, co-developed tyre technology platform enabling tyres to deliver unrivalled strength and environmental performance. Transformed from concept to reality in just 24 months, Techsyn was made possible thanks to the cooperation between the three companies and a profound combined knowledge of molecular mechanisms. The platform has the ability to balance a tyre’s performance across rolling resistance, wear and wet grip, and can be further adapted to meet varying needs. The flexibility is made possible thanks to Solvay’s unique advanced silica developments, Arlanxeo’s expertise in developing, manufacturing and delivering novel tyre polymers and Bridgestone’s innovative compound technology.
read moreMichelin: Recycling plant for end-of-life tyres in Chile
Michelin announced that it is launching construction on its first tyre recycling plant in collaboration with Enviro, a Swedish company that has developed a patented technology to recover carbon black, oil, steel and gas from end-of-life tyres. Based in Chile’s Antofagasta region, the plant will be able to recycle 30,000 t/y of earthmover tyres, or nearly 60 % of such tyres scrapped every year nationwide. Work will begin in 2021, with production scheduled to get underway in 2023. More than USD 30 million will be invested in building Michelin’s first new-generation end-of-life tyre processing plant.
read moreRubber Division, ACS: Spring Technical Meeting
Rubber Division, ACS is taking the first step in bringing the industry back together in-person at this event: the Rubber Division, ACS Spring Technical Meeting is going to take place in Independence, OH, USA 27-29 April 2021.
read moreMALAYSIA/WORLD: Kossan Rubber expects strong FY21
Kossan Rubber Industries Bhd predicts rubber glove demand to remain robust for the financial year 2021 (FY21) with average selling prices (ASPs) to remain high despite the rollout of vaccines to treat the Covid-19 pandemic worldwide.
read moreKuraray: Launch of interactive web forum "Elastomer Coffee Talks"
With a new web seminar series, the Elastomer Coffee Talks, Kuraray offers customers knowledge-based insight into innovative elastomer materials. The webinar series will be launched on 9 April 2021. The first edition will focus on medical and pharmaceutical equipment.
read moreDow Inc: Seeking buyers for German chemical parks infrastructure
According to a news item published by Arno Schuetze at Reuters on 18 February 2021, Dow Inc has put German infrastructure assets up for sale.
read moreEGYPT: Abu Dhabi Exports Office signs USD 6 million deal to finance UAE’s Jenaan polyethylene pipe project in Egypt
Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development, on Wednesday (17 February 2021) signed a AED 22 million (USD 6 million) loan agreement with the Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems SAE.
read moreVIETNAM: Thai company to buy 70 % of Vietnamese plastic giant
A subsidiary of Thai conglomerate SCG Group is set to buy a 70 percent stake in Vietnam’s Duy Tan Plastics. SCG Packaging Public Company Ltd (SCGP) said in a statement the deal, whose value it did not disclose, is expected to be completed in mid 2021.
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