ZUG, Switzerland—Partners Group, a private equity firm based in Zug, has completed its acquisition of Megadyne and intends to merge it with Ammeraal Beltech to create a broad-spectrum service provider for the belting industry.
WASHINGTON – The U.S. Department of Commerce has levied antidumping duties of 5.86 percent against most rubber band imports from Thailand.
The 9th edition of the International Rubber Glove Conference, the world’s biggest glove event, got off to a grand opening with the Malaysian Prime Minister Tun Dr Mahathir Mohammad assuring the Malaysian glove industry all support to scale further heights and make more profits.
Changshu, China – ContiTech AG has expanded its footprint in China with the opening of a production plant for 3D blow mould hoses in Changshu.
The company announced 28 Aug that the RMB 70 million (€10 million) production unit will supply hoses for high-performance turbochargers for automotive OEMs.
The hoses, ContiTech confirmed to ERJ, will be made of thermoplastic elastomers, expanding the company’s products and solutions portfolio within the Chinese automotive industry.
AUBURN HILLS, Mich., Aug. 9, 2018 /PRNewswire/ — Unique Fabricating, Inc. (“Unique” or the “Company”)(NYSE MKT: UFAB), which engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness management and air/water sealing applications for the automotive and industrial appliance market, today announced its financial results for the second quarter ended July 1, 2018.
VANCOUVER, June 8, 2018 /CNW/ – North West Rubber Ltd, a leading manufacturer and distributor of recycled rubber solutions in North America, is pleased to announce that it will be opening a recycled rubber mat manufacturing facility in Houston, Texas in 2019.
MARCO ISLAND, Fla. – Specialty hose manufacturer Tubigomma Deregibus is spending $8 million to add 40,000 square feet to its Padua, Italy, factory, a project that will include a clean room for silicone hose.
The Michelin Group announced that it intends to acquire Fenner PLC, a manufacturer of conveyor belt solutions and reinforced polymer products for the mining and industrial markets.
Headquartered in Hessle, United Kingdom, Fenner has two divisions: an engineered conveyor solutions division (ECS), which is the second largest producer of heavy conveyor belts and a player in the heavy and complex conveyor belt solution market; and an advanced engineered product (AEP) division, responsible for polymer-engineered products. Fenner identifies, designs and manufactures polymer products for niche markets around the world. Its total annual revenues amounted to £655 million ($9.16 million).
DETROIT—BASF Corp. was showing off flooring material for vehicles that it called a lightweight, low-cost solution for auto makers.
BASF supplied the chemistry for the piece, which is manufactured by German supplier Koller Beteiligungs GmbH.
“It’s a lightweight, low-cost solution for automotive applications for any type of load floor or hatchback or sunshade type applications,” said Jeffrey Hagar, market segment manager for BASF.
Hagar said the part is corrugated honeycomb composite sandwiched between non-woven fiberglass.
The might of the US rubber industry over the years has grown by leaps and bounds. Changing with the times, the region continues to be a major force in terms of rubber and tyre consumption apart from being a major producer and consumer of synthetic rubber (SR), a host of speciality rubber chemicals and home to a booming US$130 billion medical devices market, the largest in the world. The region is also fiercely competitive in all aspects of the wider tyre market — passenger car tyres, truck and bus tyres, agricultural tyres and OTR tyres.
The United States’ rubber industry has an eventful past, a pulsating present and a challenging future. During the late 19th century, Ohio emerged as the leader of rubber production in the United States. Numerous rubber companies