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Arlanxeo announces strategic collaboration with Dhahran Techno Valley

  7/12/2019 - Maastricht, The Netherlands - Arlanxeo announced the next phase of its growth plans to expand its research and development efforts into the Kingdom of Saudi Arabia by entering into a collaboration framework with Dhahran Techno Valley Company (DTVC), a company wholly owned by KFUPM, the Kingdom’s foremost academic institution for oil and gas. Both parties formalized their intention to collaborate through a letter of intent. Pursuant to the letter, the two parties will seek to work together to develop products and applications relevant for Arlanxeo’s elastomers businesses. Such collaboration will be centered in a technical research and development center to be established by Arlanxeo in Dhahran Techno Valley, Saudi Arabia. Donald Chen, CEO of Arlanxeo, said, “Arlanxeo will seek to leverage the technical know-how and core competencies of DVTC and KFUPM to support our efforts in building an innovative elastomers industry in Saudi Arabia. This collaboration is a natural fit for Arlanxeo as a member of the Saudi Aramco family. KFUPM as an academic institution has deep ties to Saudi Aramco in terms of research and development partnership, while DTVC has a long-standing reputation for pursuing innovative excellence and is home to a state-of-the art research and development infrastructure.“ Commenting on the collaboration, Abdulaziz Al-Judaimi, Saudi Aramco’s senior vice president of downstream, said, “This cooperation would give Arlanxeo the opportunity to capture the expertise of highly qualified research and academic personnel from DTVC and KFUPM, which could be an important contributor to the growth aspirations of Arlanxeo, as well as Saudi Aramco’s broader chemicals growth strategy. Furthermore, this collaboration with KFUPM would enable Arlanxeo to accelerate development of growth opportunities, integrating the strong feedstock position of its parent, Saudi Aramco.”

Tuesday, November 12, 2019

Global butyl rubber market forecast with a CAGR of 4.7 percent through 2024 - click to expand

Bridgestone wins trademark infringement lawsuit against Chinese tire manufacturer - click to expand

Solvay to raise Tecnoflon fluoroelastomer FKM capacity in Italy by 30 percent - click to expand

Mississippi Lime attains ISO certification - click to expand

Safic-Alca publishes sustainability report - click to expand

Geon Performance Solutions appoints Tracy Garrison chief executive officer - click to expand

Monday, November 11, 2019

Lubrizol expands halogen-free Estane ZHF TPU portfolio - click to expand

United Soft Plastics opens TPE facility in Houston - click to expand

West Pharmaceutical Services launches two elastomer product innovations at CPhI Worldwide - click to expand

Trinseo reports third quarter 2019 financial results - click to expand

Global silicone market forecast at $91.4 billion by 2026 - click to expand

Global latex-saturated paper market forecast at $3.67 billion by 2026 - click to expand

Friday, November 8, 2019

Book of the Day - Rubber Extrusion Technology Short Course Notes - click to expand

Global rubber molding market projected to reach $51.42 billion by 2026 - click to expand

Borealis and Borouge launch custom compounding service - click to expand

Apollo Tyres collaborates with GARC to establish first tire test track in India - click to expand

AirBoss announces third quarter financial results and dividend - click to expand

Tire Industry Association partners with retreading authority and releases two training programs - click to expand

Thursday, November 7, 2019

Winter tires market remains hotly contested as a $43 billion opportunity is in the offing - click to expand

Silicone gel market size to grow with a CAGR of 8.2 percent through 2025 - click to expand

MidAtlantic Rubber and Plastics Group holds educational symposium at Lehigh University - click to expand

Arlanxeo to close Keltan production unit in Orange, Texas - click to expand

Hexpol announces the departure of president Tracy Garrison - click to expand

Yokohama Tire sweeps SEMA Show’s Best New Tire awards - click to expand

Wednesday, November 6, 2019

Global Rubber Conference 2019 to be held in Hainan, China, December 12-14 - click to expand

Ontario Rubber Group meets November 19 - click to expand

ACE Products & Consulting announces CubeOne Robot - click to expand

Apollo Tyre reports second quarter financial results - click to expand

Specialty carbon black market forecast with a CAGR of 8.1 percent through 2025 - click to expand

Tuesday, November 5, 2019

Europe Rubber & Latex Expo 2020 to be held May 6-7 in Budapest, Hungary - click to expand

Goodyear accepting nominations for annual Highway Hero Award - click to expand

Cooper Tire plans to acquire 100 percent of its Mexico joint venture manufacturing facility - click to expand

Falken Wildpeak A/T Trail 01A chosen as original equipment for the 2020 Toyota RAV4 - click to expand

Global fluorosilicone rubber market forecast with a CAGR of 5.51 percent through 2025 - click to expand

Silicone adhesives market forecast with a CAGR of 8.2 percent through 2025 - click to expand

Market Reports

Global Butyl rubber market forecast with a CAGR of 4.7% through 2024 - click to expand

Global silicone market forecast at $91.4 billion by 2026 - click to expand

Silicone Oil market worldwide is projected to grow by $805.5 million - click to expand

Global latex-saturated paper market forecast at $3.67 billion by 2026 - click to expand

Global rubber molding market projected to reach $51.42 billion by 2026 - click to expand

Winter tires market remains hotly contested as a $43 billion opportunity is in the offing - click to expand

Silicone gel market size to grow with a CAGR of 8.2% through 2025 - click to expand

Specialty carbon black market forecast with a CAGR of 8.1% through 2025 - click to expand

Silicone adhesives market forecast with a CAGR of 8.2% through 2025 - click to expand

Rubber bonded abrasives market forecast with a CAGR of 4.2% through 2025 - click to expand

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