Elkem Receives Approval For Silicone Plant Investment
- November 01, 2021
Elkem, a speciality materials manufacturer, has received approval from its board of directors to invest NOK 350 million (USD 41.47 million) in its Roussillon silicone plant in France. The company claims that the investment will help the brand expand its
Hankook & Company Sets Aside Investment Funds For New Startups
- October 29, 2021
Hankook & Company, the holding company of Hankook Tire & Technology, has established a fund called ‘STREAM Fund’ with We Ventures, a Korean venture capitalist, to support early startups and aid the growth of the companies. The first investment was m
Synthomer Set To Acquire Eastman Chemical Company's Adhesive Resins Business
- October 29, 2021
Synthomer, a global chemical manufacturer, has agreed to acquire Eastman Chemical Company's adhesive resins business (Adhesive Technologies) – which develops, manufactures and sells tackifying resins and additives for adhesive products with a high focus
Nexen Tire Relocates US Headquarters To Richmond, Ohio
- October 28, 2021
Nexen Tire America, a leading global tyre manufacturer, has relocated its United States based headquarters to Richmond, Ohio. The new headquarters joins the company's North American technical research centre, a USD 5.2 million 35,540 sq ft facility, one
Bridgestone India Revamps Pune Railway Station Into Disabled-Friendly
- October 28, 2021
Bridgestone India has completed its programme of making the Pune railway station disabled-friendly. The revamped station will now be installed with station information in Braille, scan-able sign language videos on information and ramps for easy access to
Trelleborg Wheels And Tyres To Get Pricier
- October 28, 2021
Trelleborg Wheel Systems, a global agricultural and forestry tyre manufacturer, has announced a price hike of five percent across segments. The price hike will come into effect from November 2021. The company emphasised that the price hike will be the las
