German hose manufacturer expects acquisition to help push sales to €400m in 2020

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Frankfurt, Germany – Tristone Flowtech Group has acquired Anhui Zhongding Rubber Hose Products Co. Ltd in Ningguo, in eastern China from its parent company Anhui Zhongding Sealing.

The deal, terms of which were not disclosed, was completed on 1 Jan and the Chinese entity has been renamed as Anhui Tristone Flowtech Ltd, Tristone announced 13 Jan.

Read the source article at European Rubber Journal

Polish rubber parts maker opens Mexico plant

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San Luis Potosi, Mexico – Polish rubber parts manufacturer Sanok Rubber Co. has opened a production plant in San Luis Potosi, in central Mexico, the company has announced.

The plant was officially inaugurated in October 2019 in the presence dignitaries and customers such as Ford, BMW, Webasto, the manufacturer said in a recent statement.

Named SMX Rubber Co., the Mexican subsidiary manufactures automotive parts and delivered its first sales in August last year.

Read the source article at European Rubber Journal

Avon marks 2019 as ‘transformational’ year

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Melksham, England—Avon Rubber has finished its 2019 fiscal year on a high note, having secured $340 million worth of long-term contracts and made a multi-million-dollar acquisition in the US.

Read the source article at Rubber and Plastics News

Rubber parts makers invest in Central, Eastern Europe

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LONDON—Central and Eastern Europe continues to offer attractive locations for rubber product manufacturers, as evidenced by three interesting investment projects in the region.

Read the source article at Rubber and Plastics News

ARPM to fund new training program

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NDIANAPOLIS—The Association for Rubber Products Manufacturers’ board of directors has approved new funding to support the creation of a new training curriculum.

Rubber Operator Training – Material Mixing and Compression/Transfer Molding is designed to train the rubber processor, something the ARPM said is the first of its kind in the rubber industry.

Read the source article at Rubber and Plastics News

Vystar to purchase Rotmans Furniture

WORCESTER, Mass.—Vystar, manufacturer of Vytex deproteinized natural rubber latex, has signed an agreement to purchase Murida Furniture, dba Rotmans Furniture and Carpet.

Read the source article at Rubber and Plastics News

Vipal Rubber’s Mexican partner opens new unit in Nuevo Laredo

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Vipal Rubber has celebrated the achievements and growth of one of its Monterrey network members in Mexico, Llanco. Recently the retreader opened its second unit in the country, in Nuevo Laredo, in the state of Tamaulipas.

The plant began operations in early May, with a production capacity of up to 2,200 retreads per month. With the new factory’s opening, the retreader expects an approximate growth of 50% in the first year and 100% in the second year.

Read the source article at Tire Technology International

Bill Sweatman Retires from Marangoni, Succeeded by Clif Armstrong

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After more than 18 years with Marangoni, 16 of those as president/CEO, Bill Sweatman has announced his retirement effective May 1.

Sweatman joined Marangoni shortly after it was formed in 1998 by Jack Woodland in Walnut Creek California.

Bill explained, “I started in the tire industry in 1977 and the retreading industry in 1984.

Read the source article at Tire Review

Vail Rubber to add manufacturing plant

ST. JOSEPH, Minn.—Vail Rubber Works Inc. is growing its presence with a new manufacturing facility located about five miles up the road from its headquarters.

The roll covering manufacturer is investing about $8.3 million in the 58,000-sq.-ft. facility, Vail President Bill Hanley said.

“We’re a 125-year-old company, and the site we’re on in St. Joseph was purchased by my great-grandfather in 1924. We’re on a pie-shaped piece of property, and really we’re quite land-locked,” Hanley said. “It’s something we’ve been struggling with for a lot of years. We’ve built out as far as the site will hold.”

Read the source article at Rubber and Plastics News

Donald Chen named CEO of Arlanxeo

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As of 1 May, Donald Chen will succeed Jorge Nogueira as chief executive officer of Arlanxeo. Nogueira is retiring from the rubber manufacturer after a career spanning nearly 40 years in the chemical and pharmaceutical industry.

“With Donald Chen we have an experienced leader and industry expert joining the company,” states Abdulaziz M. Al-Judaimi, chairman of the Arlanxeo Shareholders’ Committee and senior vice-president of Downstream at parent company Saudi Aramco. “He has spent many years of his working life in the Asia-Pacific region, a key growth region for Arlanxeo. Donald joins Arlanxeo in a critical market environment and we are confident he will lead the company through the current transition and drive growth.”

Read the source article at Tyrepress