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Today's news

PPG to acquire global coatings manufacturer Whitford Worldwide

12/17/2018 - Pittsburgh, PA – PPG announced that it has reached a definitive agreement to acquire the Whitford Worldwide Company, a global manufacturer that specializes in low-friction and nonstick coatings for industrial applications and consumer products. The transaction is expected to close in the first quarter 2019, subject to customary closing conditions. Financial terms were not disclosed. “The acquisition of Whitford will allow PPG to further drive value for its customers and shareholders by enhancing our range of product offerings, research and development capabilities, and global market reach in the growing industrial coatings sector,” said Michael McGarry, PPG chairman and chief executive officer. Whitford, a privately held company headquartered in Elverson, PA, was founded in 1969. The company specializes in manufacturing low-friction, wear...
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Lanxess strengthens global production network for flame retardants

12/17/2018 - Cologne, Germany – Specialty chemicals company Lanxess plans to strengthen its global asset base for flame retardant additives with investments of around EUR 200 million over the next three years. The company runs a strongly backward integrated production network for bromine and phosphorous based flame retardants with plants in the U.S. (Charleston, El Dorado, Greensboro), Germany (Leverkusen, Krefeld-Uerdingen), France (Épierre) and the United Kingdom (Manchester). “With the acquisition of the U.S. company Chemtura in spring 2017 we became one of the world’s leading suppliers of flame retardant additives. With the investment package we will further strenghten our strong position in this growing market,” says Karsten Job, head of the Polymer Additives Business at Lanxess. Lanxess has significantly expanded its market position for flame re...
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Trelleborg invests in India for production of tires for two-wheeled vehicles

12/17/2018 - Trelleborg, Sweden - Trelleborg has, through its Trelleborg Wheel Systems business area, decided to invest in a production facility in India for the manufacture of tires for two-wheeled motor vehicles, thereby creating a platform for global growth and increased production capacity. The investment forms part of Trelleborg’s strategy to strengthen its positions in attractive market segments. Trelleborg’s existing manufacture of tires for two-wheeled motor vehicles is concentrated in Europe. Products include tires for selected niches, such as enduro and motocross, as well as scooters, mopeds and motorcycles. This investment will enable Trelleborg to continue to grow in Europe but also in regions such as North America and selected parts of Asia. The investment takes the form of a joint venture whereby Trelleborg and Yogesh Agencies & Investme...
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Wacker cooperates with Dynaplak on producing sustainable binders

12/17/2018 - Munich, Germany - Wacker is to collaborate with Dynaplak, the Dutch manufacturer of biobased raw materials for agricultural and industrial applications. Together, the two companies want to develop hybrid binders based on starch and polymers. The first products for interior wall paints are scheduled for market launch in the first quarter of 2019. Wacker is thereby responding to the growing demand for sustainable binders in the paint and coatings industry. “Our partnership with Dynaplak lays the foundations for increasing our contribution to more sustainability in the binders market. We will be one of the first chemical companies to expand our portfolio with products based partially on renewable raw materials,” explains Dominique Nely, who manages Wacker's binders for consumer goods and industrial applications in western Europe. “In the fir...
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Toyo Tire & Rubber announces corporate name change to Toyo Tire Corporation

12/17/2018 - Hyogo, Japan - Toyo Tire & Rubber Co., Ltd. announces the company will change its corporate name (trade name) from Toyo Tire & Rubber Co., Ltd. to Toyo Tire Corporation, effective on January 1, 2019. We will make the scheduled corporate name change a leverage for getting our business operations rolling with the aim of strengthening governance and achieving further growth, which we will endeavor to implement under a new management structure. The corporate name change will be accompanied by organizational structure changes, also effective on January 1, 2019, which focus on the reinforcement of the headquarters function, aimed at strengthening the management foundation, and the enhancement of manufacturing technology and sales force, both aimed at expanding business operations....
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Teknor Apex introduces three medical-grade thermoplastic elastomers for biopharmaceutical tubing

12/17/2018 - Pawtucket, RI - Teknor Apex Company will introduce three new Medalist compounds at MD&M West (Booth 2015) and will make a presentation on grades for peristaltic pump applications at the “Tech Theater” during the show. The presentation is scheduled for 1:30 pm on Wednesday, February 6. Teknor Apex recommends three compounds for challenging tubing applications in the biopharma industry for peristaltic pumps and extreme low temperature applications. The materials designed for peristaltic pump tubing provide the elasticity required to keep pace with rapid pump action and the durability needed for the tubing to retain its shape and remain intact over time. In comparison with the industry-standard TPE alternative to silicone, the Medalist TPEs exhibit lower levels of spallation—the shedding of particles from the inner and outer surfaces of the ...
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Market Reports

Off the road tiress market will register a 4 percent CAGR through 2023

12/11/2018 - Lewes, DE - OTR Tires market will register a 4.0% CAGR in terms of revenue, reach US$ 15100 million by 2023, from US$ 11900 million in 2017. OTR Tires (Off-the-road tires) are utilized for large-scale machinery at construction and mining and other sites with no roads. These tires mainly made with premium casings and durable compounds. Off-the-road tires offer substantial support for machinery used at various civil engineering sites, including ultra-large dump trucks, earth and gravel at mining and dam construction sites, bulldozers for earth removal and graders for road construction and snow removal. The production and sales volume of OTR tires is directly affected by downstream industries and global economy. Over the past six years, the market of construction and mining equipment has experienced fast growth and decline, as well as ... (read more)

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Site of the week
Interbusiness Group is a UNI EN ISO 9001:2008 certified leader in the manufacture and distribution of INTERCURE® accelerators, vulcanizing agents and curing agents for special elastomers. Family-owned and founded in 1985 to cater to a niche market, we are headquartered in Milan, Italy (Interbusiness S.r.l.), with a technical operations facility in Brindisi, Italy (IB Chem S.r.l.), and a network of globally positioned independent distributors. Our sister company in New York (INTERBUSINESS U.S.A., INC.) distributes throughout North America. Interbusiness is dedicated to excellence in products and services, manufacturing efficiencies, quality systems, increasing value to our customers, and environmental protection.


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Product Spotlight

French Three Press System for Medical Parts

French's three press hydraulic system with one central press controller for compression molding composite medical parts. Each compression press was designed with three daylights, totaling nine pressing surfaces to effectively increase production rates.
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