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Continental to invest more than $9 million in its textile reinforcement business in Georgia

Friday, November 17, 2017
Fairlawn, OH - Continental announced it will invest more than $9 million in its textile reinforcement business and streamline operations in its Georgia operations. Continental operates a facility in Porterdale, GA, under its ContiTech Division, which produces single end yarns for technical reinforcement applications that adhere to specific rubber compounds, such as hoses and tires. At the end of 2018, the Porterdale operations will relocate to Continental’s Aldora Mills facility, located approximately 45 miles south of Barnesville, GA. “The consolidation of these facilities will allow us to maximize our efficiencies and optimize our manufacturing footprint,” said Jim Hill, president of Continental’s ContiTech North America operations. “This will enable us to drive synergies and combine some operations under one roof.” With the relocation of the Porterdale operations, employees will be given the opportunity to transfer to the Barnesville location, or if eligible, elect to retire. The Barnesville location, which currently employs just over 200 people, will grow by an additional 106 employees, including those who transfer from Porterdale, as well as new hires. During the consolidation of the two facilities, Continental will invest more than $9 million to modernize equipment and improve efficiencies and production at the Barnesville location. “This future-orientated investment allows us to ensure continuity in our business as well as extend our long-term viability. We are committed to remaining in yarn and fabric production to support our North American manufacturing operations for our customers and associates,” said Hill. The Aldora Mills facility, located in Barnesville, GA, opened in 1888 as a cotton mill. The facility began producing tire cord in the early 1920s, and was purchased by Continental in 1986. Today, Aldora Mills produces tire cord fabric used for Continental and General brand passenger and light truck tires. - * Email

The Month in Review - Past 30 Days

Wednesday, December 13, 2017
Hankook Tire appoints new chief executive and senior officers
Rubber Division, ACS announces training courses for February and March
Nexen Tire supplies original equipment tires for Porsche Macan
Continental Tire gives $2 million grant to USC to expand logistics program
Adoption of digital solutions transforms North American and European tire retailing market

Tuesday, December 12, 2017
ChemChina to list KraussMaffei on the Shanghai stock exchange
European non-destructive testing equipment market is expected to reach $2.89 billion by 2024
Orion Engineered Carbons completes construction of carbon black plant in South Korea
Cooper Tire to lay off 80 in North America
Plastic compounding market including thermoplastic elastomers forecast to exceed $50 billion by 2024

Monday, December 11, 2017
Automotive elastomer market forecast to reach $58.8 billion by 2022
Yokohama Tire launches the TY577 MC² fuel efficient, SmartWay verified long-haul tire
AkzoNobel and Black Bear team up to make powder coatings from old tires
Freudenberg-NOK introduces high-temperature fluorinated rubber seals
Guill Tool & Engineering receives AS9100:2016 Aerospace and ISO 9001:2015 certificate of registration

Friday, December 08, 2017
Goodyear and Sandia Labs mark 25 years of collaboration to improve tire design
Book of the day - Fatigue, Stress and Strain of Rubber Components, by Judson Bauman
Shimadzu Scientific Instruments and Restek Corporation announce distribution agreement
Halcyon Agri becomes the largest rubber producer in Indonesia after recent acquistions
Hankook Tire-DAV mobile service program triples number of veterans helped across the U.S.

Thursday, December 07, 2017
2018 Jeep Wrangler features Goodyear Wrangler AT Adventure tires with Kevlar
Demand for silicone liquid-applied roof coatings is forecast to rise 5.1 percent annually
USTMA urges NHTSA to eliminate outdated regulations
Silicone adhesive market forecast to reach $2.95 billion by 2022
U.S Department of Commerce levies antidumping duties against steel wire rod suppliers

Wednesday, December 06, 2017
USTMA urges duties exemption for steel used in tire manufacturing
Huber Carbonates announces price increase for industrial calcium carbonate products
Hankook Tire survey finds more Americans plan to drive this holiday season than fly
Registration and housing now open for Rubber Division, ACS 193rd Technical Meeting
Indian tire manufacturers face continuing shortfall of natural rubber domestically

Tuesday, December 05, 2017
Yokohama Rubber U.K. subsidiary receives two awards for its efforts to promote tire safety
U.S. Tire Manufacturers Association projects lower tire shipments for 2017
IISRP announces online registration for 59th Annual General Meeting in Madrid, Spain
BASF increases prices for diols and derivatives in North America
Natural rubber market to grow at a CAGR of 4.06 percent through 2021

Monday, December 04, 2017
Vietnam Rubber Group signs $10 million land lease contract for rubber plantation in Laos
Global rubber bonded abrasives market forecast to grow at a CAGR of 3.2 percent through 2024
Chloroprene rubber supply tightens worldwide
Dow insulation and sealing technologies used to keep Winter Olympics warm
Toyo Tire awarded $1.6 million settlement for patent infringement against two Chines tire manufacturers

Friday, December 01, 2017
U.S. demand for rubber forecast to reach $8.9 billion by 2021
Elastomer coated fabrics market forecast to reach $11.85 billion by 2022
Book of the Day - Rubber Extrusion Technology Short Course Notes
BASF increasing prices for neopentylglycol (NPG) sold in North America
Goodyear and the U.S. Marine Corps Reserves join together for donations to Toys for Tots

Thursday, November 30, 2017
Arlanxeo to provide the EPDM rubber for the FIFA 2018 football
Global nitrile butadiene rubber (NBR) market is forecast to reach $2.59 billion by 2025
Trinseo webinar focuses on the revolutionizing impact 3D printing has on manufacturing
Synthetic rubber market forecast to reach $37.8 billion by 2022
Bill Bisson joins VMI Americas as area sales manager

Wednesday, November 29, 2017
Wacker opens technical center in Istanbul
Imerys Performance Additives Division announces a significant price increase in January
Smithers Rapra webinar to focus on test methods for validating imported tire quality
U.S. Tire Manufacturers Association comments on the retirement of Pete Selleck, chairman and president of Michelin NA
Apollo Tyres becomes the title sponsor for Minerva Punjab FC

Tuesday, November 28, 2017
LSR 2018 announces call for papers
Michelin and Tire Industry Association scholarship application period opens
Rubber Division ACS conducts outreach to Europe
Global butyl rubber market forecast to reach $5.21 billion by 2025
Songwon announces global price increases for its polymer stabilizers

Monday, November 27, 2017
Borealis to study feasibility of a polyproylene capacity increase in Europe
PolyOne lauches OnColor Brilliant Metallic colorants
Freudenberg Performance Materials presented three additions to its foam portfolio at Compamed 2017
Wacker released it new Elastosil LR 5040 line of liquid silicone rubber
Myers Industries announces quarterly dividend

Friday, November 24, 2017
Book of the day - Rubber Molding Principles
Goodyear extends sponsorship as Official Tire of NASCAR
Nexen Tire receives strong ratings in Auto Bild Tire performance tests
Solvay and Henkel team up to double the number of Indian farmers in the Sustainable Guar Initiative

Thursday, November 23, 2017
Shin-Etsu to increase prices 10-20% for all of its silicone products
Birla Carbon started operations for its largest carbon black project in China
Lanxess announces price increase for EMEA region for its Durethan and Pocan lines
Foremost Machine Builders, Inc. has appointed Walter Folkl as Manager of Sales
Cabot Corporation to purchase black masterbatch producer Tech Blend

Wednesday, November 22, 2017
Tracey I. Joubert named to the Cooper Tire board of directors
Brenntag moves corporate headquarters to Essen, Germany
Michelin to transfer shares in Double Coin Warrior Tire Company
RPM International acquires Ekspan Holdings
AkzoNobel opens advanced Application Training Center in Dubai

Tuesday, November 21, 2017
Mitsui Chemicals to acquire thermoplastic styrene elastomer business from Asahi Kasei
Trelleborg finalized the acquisition for White Baumaschinenreifen GmbH
Cooper Tire encourages college students to check their tires before hitting the road home
Yokohama announced its business and financial results for the first three quarters of 2017
Clariant announced an expanded partnership with Palmer Holland for the business unit additives in Canada

Monday, November 20, 2017
Addivant increases capacity for its high-performance polymer antioxidant Ultranox 626
Global market for corrosion protection rubber linings and coatings forecast to reach $12 billion by 2022
AkzoNobel completes $10 million sulfur derivatives investment in the US
Hexpol TPE announces expansion in Germany
Arkema announces a development partnership in high temperature powders with EOS

Friday, November 17, 2017
Global carbon black market forecast to grow at a CAGR of 4.8 percent through 2024
Book of the Day - Resistance and Stability of Polymers
Myanmar rubber exports set to rise
Continental to invest more than $9 million in its textile reinforcement business in Georgia
Lanxess to purchase Solvay's U.S. based phosphorus unit

Thursday, November 16, 2017
Trinseo starts up new production line at Zhangjiagang, China plant
Registration for the 19th Annual AMAP Conference & Workshop is now open

Wednesday, November 15, 2017
Global silicone defoamers market forecast to reach $16.8 billion by 2025
Dow Chemical announces Evolv3D platform for high-performance 3D printing materials
FDA warns about illegal use of injectable silicone for body contouring and associated health risks
Thai farmers demand all board members of Thai Rubber Authority be dismissed
Call for abstracts issued, registration open for the International Conference on Plastics and Rubber Technology Spring 2018

Tuesday, November 14, 2017
USW seeks Labor Secretary’s help in dispute with Korean tire company
Malaysia's natural rubber production fell 12.6 percent in September
ChemSpec announces exclusive distribution agreement with M&B GreenUS
Falken chosen as OEM for the VW Polo
Fluoroelastomers market forecast to reach $1.64 billion by 2022

Monday, November 13, 2017
Songwon Industrial Group releases third quarter results
Rubber farmers to protest in Bangkok over falling rubber prices
Global rubber machinery market forecast to reach $5.6 billion by 2021
Bridgestone’s foamed rubber technology behind Blizzak studless tire success
TechnoBiz holds Tire Technology training program in Bangkok in December

Todays Headlines

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