Publisher for the polymer industry
NEW YORK - Private equity firm Warburg Pincus L.L.C. and Yogesh Mahansaria, former CEO of India-based Balkrishna Tyres, have completed a USD 150 million deal to buy majority control of Israel´s Alliance Tire Co. (1992) Ltd.
Since 1 July 2007, Cognis’ Process Chemicals business unit trades as an independent company under the new name of Pulcra Chemicals GmbH.
Source: Vietnam News Agency, Hanoi; 11 July 2007
The trading of regional futures contracts for polypropylene and linear low density polyethylene began trading on the London Metal Exchange (LME).
FINDLAY, Ohio - Cooper Tire & Rubber Co. has named Curtis Schneekloth investor relations director, replacing Roger Hendriksen, who left in June for another opportunity.
Apollo Management's Hexion Specialty Chemicals has raised its offer for Huntsman Corp by USD 0.75 a share on Sunday night to USD 28 a share.
AKRON: A proposed $125 million investment in Goodyear´s Gadsden, Ala., plant received local tax abatement approval, though the company has not formally decided to go ahead with the investment.
NEWARK, New Jersey - Plaintiffs´ attorneys are seeking class action status against a Chinese tire maker, U.S. importer and several other tire makers involved in a 450,000-tire recall.
Adrian, Michigan - Wacker Chemical Corp. named Ingo Kovar president and CEO and announced Levi J. Cottington IV would take his place as vice president, business unit elastomers.
NASHVILLE, Tennessee - Bridgestone Firestone Latin American Tire Operations has made two changes to president positions within the unit, effective Aug. 1.