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Hexpol announced the acquisition of Kirkhill Rubber from the founder Edward Reker, his family and co-owners. The acquisition price amounts to approximately USD 49 million on a cash and debt free basis.

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Trelleborg has opened a facility in Querétaro, Mexico, to manufacture sealing profiles, such as control cable protector tubes and other critical automotive sealing components. The site covers a total of 1,250 m². According to Trelleborg, the state-of-the-art facility will serve the needs of the company’s existing and future tier one customers within the automotive industry. The investment is part of Trelleborg’s continued long-term strategy to invest in markets with favourable growth potential.

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Arlanxeo announced that it will raise the prices for its Keltan EPDM grades.

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The Malaysian rubber industry is expected to become the number one commodity contributor to the country’s economy as palm oil is facing difficulties in the international market, said Primary Industries Minister Teresa Kok Suh Sim. She said in terms of commodity export earnings, rubber and rubber products were currently the second largest contributor after palm oil.

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Cooper Standard announced the opening of its new Japan headquarters and engineering centre in Yokohama. Relocated from its previous location in Osaki, the approximately 5,400 square-foot (~ 502.5 m2) facility currently employs 14 people and offers full-service product development and engineering to support Japanese automakers, such as Honda, Mazda, Nissan, Suzuki and Toyota.

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According to the news portal “BusinessKorea”, a consortium led by the Korean construction material producer KCC Corporation will acquire the US-based company Momentive Performance Materials, one of the world’s largest manufacturers of silicone, quarts and ceramics, for approximately USD 3 billion.

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On 12 September 2018, Versalis (Eni) has opened a new EPDM rubber production plant in Ferrara, Italy, which will mainly supply the automotive industry. Over EUR 250 million were invested in the project, which involved constructing a new production line, and the revamping of the existing elastomer plant.

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Sabic, in a notice to Tadawul (Saudi stock exchange), said it has completed all regulatory approvals in relation to the acquisition of a 24.99% equity interest in Clariant.

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Hyundai Engineering said it has entered into a memorandum of understanding (MoU) with Sulfindo Adiusaha to expand a vinyl chloride monomer (VCM) and polyvinyl chloride (PVC) facility managed by Sulfindo in Merak, Indonesia, reported Pulse News.

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Engro Polymer and Chemicals has awarded a contract to Tianchen Corp. China for a new 100,000 t/y integrated polyvinyl chloride (PVC) plant in Pakistan.

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