Pursuant to the transaction terms, Gemspring will pay Goodyear cash proceeds at closing of approximately $650 million, subject to certain post-closing adjustments, for Goodyear Chemical facilities in Houston and Beaumont, Texas, and a related research office in Akron, Ohio. Additionally, the transaction provides for a long-term supply agreement.
Read MoreWACKER is responding to rising demand for high-quality specialty silicones in China by expanding its production capacities at its Zhangjiagang site. The Group held a ceremony to celebrate the mechanical completion of the facilities. Going forward, the new production complex will manufacture silicone fluids, silicone emulsions and silicone elastomer gels. Production is to be ramped up over the coming months. As planned, WACKER has invested a low three-digit million euro amount in the expansion project.
Read MoreThe European Commission has officially launched an anti-dumping investigation into imports of tires for passenger cars and light lorries from China, following a formal complaint by the EU tire industry. The probe aims to determine whether Chinese manufacturers are selling tires in the European market at unfairly low prices, potentially harming domestic producers.
Read MoreThe Rubber Division, ACS announces that housing is now open for the Global Polymer Summit being held this September in Cleveland, Ohio. Cleveland has proven itself an amazing host for this conference and several other prestigious events for many years. The Global Polymer Summit is making its premiere in this exciting city and we hope to see you there.
Read MoreBangkok, Thailand – The latest issue of Rubber Review is now available online. In this issue we have a conversation
Read MoreNantong, China – ARLANXEO and TSRC announced the grand opening of their newly relocated and expanded joint venture NBR (nitrile-butadiene
Read MoreRegister is now open for all upcoming trainings. Members receive $100 off of each course and free registration for all webinars.
Read MoreWarwick, UK – Injection molding machine manufacturer ENGEL is continuing to advance its internationalization strategy and, as of 1 April
Read MoreSinger Industrial has announced the acquisition of Wilmington Rubber & Gasket Co., Inc., a North Carolina-based distributor of industrial rubber products. The move marks another step in Singer’s strategic expansion across the Southeastern United States, bringing its total number of North Carolina locations to five.
Read MoreJapanese chemical manufacturer Denka Co., Ltd. has announced the indefinite suspension of operations at its Denka Performance Elastomer LLC (DPE) facility in LaPlace, Louisiana, marking a significant retreat from U.S. chloroprene rubber (CR) production. The decision follows a series of escalating challenges, including stringent environmental regulations, rising operational costs, and labor shortages.
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