LONDON—Central and Eastern Europe continues to offer attractive locations for rubber product manufacturers, as evidenced by three interesting investment projects in the region.
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.
WORCESTER, Mass.—Vystar, manufacturer of Vytex deproteinized natural rubber latex, has signed an agreement to purchase Murida Furniture, dba Rotmans Furniture and Carpet.
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.
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.
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.”
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.”
ABU DHABI, (UrduPoint / Pakistan Point News / WAM – 16th Jan, 2019) With the Expo 2020 right on our doorstep, many companies are looking for ways to demonstrate real innovation in renewable energy, CO2 reduction, and, needless to say cost-saving solutions.
During the now-running World Future Energy Summit, the Emirates news Agency (WAM) spoke to Faisal Noordeen, Managing Director of Ocean Rubber Factory (ORF) in Ras Al Khaimah.
MINNEAPOLIS—Norwest Equity Partners has sold Minnesota Rubber & Plastics to KKR, a private equity firm that NEP believes will continue to invest in growing the rubber and plastics manufacturer.
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.