Goodyear Tire & Rubber Co. recently announced that it has completed its acquisition of Cooper Tire & Rubber Co., fulfilling an agreement first announced on Feb. 22. The acquisition will combine Goodyear’s strengths in OE tires and high-quality replacement tires with Cooper’s excellent product lineup in the pickup truck and SUV segment. As a result, the move is set to...
Industry
Yokohama Rubber Makes Donation in Support of Childhood Education
Yokohama Rubber Co. Ltd. (TYO:5101) has made a donation to Chance for Children, a Japanese NPO that works to support the education of children from financially underserved backgrounds. With the tire company matching the donation coming from its Yokohama Magokoro Fund – an initiative funded by company employees – the total donation here comes to 500,000 yen ($4,570). Chance for...
Market Shows Signs of Strong Recovery for Specialty Rubber Sheets
Rubber sheets are on the road to recovery, with both production and shipments on the rise. With the market having been hit by COVID-19, figures for May 2020 slumped by more than 25 percent year-on-year; but the economy then started to recover in the following months, showing only a quite small year-on-year decline for October onward. And for the January–March...
ETIC to Provide Technology for New S-SBR Plant in Russia
PJSC Nizhnekamskneftekhim (NKNK), Russia’s second largest synthetic rubber manufacturer, held an opening ceremony on May 26 for a new solution-polymerized styrene–butadiene rubber (S-SBR) plant. Incorporating technology and basic design from Japan’s ETIC Inc, it represents the Tatarstanian-based company’s first foray into S-SBR production. Among those present for the ceremony was the president of Tatarstan, Rustam Minnikhanov. With a production capacity...
Trinseo Agrees to Sell Synthetic Rubber Business to Poland’s Synthos
Trinseo SA, a manufacturer of plastics, latex binders and synthetic rubber, has announced a definitive agreement to sell its synthetic rubber business to Polish company Synthos SA. Based in Schkopau, Germany, Trinseo’s synthetic rubber business has been valued at approximately $491 million. After subtracting pension liabilities, transaction-related costs and taxes, the net cash proceeds from the sale are expected to...

Sumitomo Riko’s Thermal Insulation Films Fitted to Freezer Boxes for Vaccine Transportation
Sumitomo Riko Co. Ltd. (TYO:5191) has seen its Finesulight series of thin films with high thermal insulation functionality get picked up for use in the BioBox Freezer, a dry ice-compatible, ultrahigh-performance thermal insulation box offered by Sugiyama-Gen Co. Ltd. Allowing for storage at below minus 70 degrees Celsius without the need for electricity, this freezer box is expected to find...