A joint venture between Michelin of France, Scandinavian EnviroSystems (Enviro) and Antin Infrastructure Partners (Antin) has finalized a joint investment plan to build its first tire recycling plant. The first plant, based in Uddevalla, Sweden, has already received all necessary environmental and building permits and approvals for construction. The construction process has begun, and the new plant is expected to...
News
Denka Completes Construction of Chemical Recycling Plant
Denka and its affiliate Toyo Styrene in March completed construction of a chemical recycling plant for used polystyrene at Denka’s Chiba Plant in Ichihara City. The investment is worth approximately 4 billion yen ($26.45 million), and the plant will process approximately 3,000 tons of used polystyrene per year. While food packaging accounts for more than 60% of Japanese domestic demand...
[lwa template="modal" register="0"]Subscribe
Yokohama Rubber to Build New Passenger Car Tire Plant in Mexico
Yokohama Rubber will build a new passenger car tire plant in Mexico to strengthen its ability to supply tires to the North American market. With a production capacity of 5 million tires per year and an investment of $380 million, construction will begin in the second quarter of 2024, and production is scheduled to start in the first quarter of...
[lwa template="modal" register="0"]Subscribe
Toyo Tires and Doshisha University Sign Collaboration Agreement
Toyo Tires and Doshisha University concluded in March a comprehensive collaboration agreement. The two institutions will work together to promote R&D and human resource development in order to contribute to society and promote mutual development. Based on the agreement, the partners will mutually provide and share their unique, high-value-added resources. They will accelerate the social implementation of technologies that can...
[lwa template="modal" register="0"]Subscribe
Zeon Develops Material Achieving Various Visual Effects Using Light Reflections
Zeon has developed a broadband cholesteric liquid crystal material that can achieve various visual effects using light reflection, based on its proprietary technology cultivated in the optical film business. The product is a cholesteric liquid crystal, a structure in which the reflected light wavelength is arranged in a spiral shape, and the color of the reflected light can be changed...
[lwa template="modal" register="0"]Subscribe
Bridgestone to Continue Restructuring its European Business
Bridgestone will make further progress in the reorganization and restructuring of its European operations during the period of its 24MBP medium-term business plan, aiming to raise the adjusted operating margin of its European operations from 1% in 2023 to 8% in 2026, the final year of the 24MBP plan, and clear the 5.5% WACC (weighted average cost of capital) threshold....
[lwa template="modal" register="0"]Subscribe