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Enviro and Siemens sign MOU regarding cooperation around the European expansion plan

Scandinavian Enviro Systems and Siemens has signed a MOU, memorandum of understanding, regarding a collaboration in support of the European expansion plan that Enviro announced earlier this year together with Antin Infrastructure Partners. Through the collaboration, Enviro gets access to Siemens’ extensive experience in automation and digitalization for efficient industrial production.

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Carbon Black, Silica & Reinforcing MaterialsMarket ReportsNewsrss1

Global carbon black market set to reach $46.9 billion by 2033

The carbon black market is characterized by high competition and fragmentation, with numerous global companies operating within it. Competition is driven by factors such as product quality, pricing, innovation, and brand reputation. Notable developments in the market include Birla Carbon’s launch of the Birla Carbon Specialty Blacks product line, featuring high-performance specialty carbon blacks for various industrial applications, and Cabot Corporation’s introduction of the TransfinityTM series of carbon black products, designed to enhance performance and processing efficiency in the tire and rubber industries.

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Semperit finalizes sale of medical business to Harps Global

The Semperit Group has successfully completed the sale of its medical business to the Southeast Asian glove manufacturer HARPS GLOBAL PTE. LTD. After receiving all regulatory approvals, the closing took place as planned on, 31 August 2023, in Vienna. The purchase price for the entire medical business agreed upon signing the contract in December 2022 amounted to EUR 115 million (cash and debt free) and was subject to usual price adjustment mechanisms; the final purchase price will be determined in each case retrospectively based on the interim balance sheet as of the closing date.

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Yokohama Rubber’s Thai natural rubber processing company obtains CoC certification from FSC

The Yokohama Rubber Co., Ltd. announced that Y.T. Rubber Co., Ltd. (hereafter, YTRC), a Thai natural rubber processing company of Yokohama Rubber, obtained the Chain of Custody (CoC) certification in July 2023. The CoC certification is provided by FSC®*, an international forest certification organization, for the management of processing and distribution.

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