Synthomer Set To Acquire Eastman Chemical Company's Adhesive Resins Business
- By TT News
- 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 on hygiene, packaging and high-performance tyre additives – for USD one billion in cash.
With this acquisition, Synthomer aims to acquire Eastman's well-invested assets with its leading position in adhesives. Eastman has six manufacturing plants and a strong R&D record that can aid Synthomer's diversity in its portfolio. It also exposes Synthomer to attractive end-markets with resilient and gross domestic product plus (GDP+) growth fundamentals. Synthomer claims that the acquisition is in line with the company's sustainability roadmap.
To raise USD one billion in cash, the company will be allotting new shares to raise about USD 275 million along with drawing under a new USD 300 million debt facility. The acquisition is expected to be completed by Q1 2022.
Caroline Johnstone, Chair, Synthomer, said, "This acquisition is another important strategic step for Synthomer. It builds on the significant portfolio and geographic expansion gained from acquiring OMNOVA last year and adds an exciting new platform for growth. Adhesive Technologies' global positioning, market leading technology with a strong focus on attractive end markets such as hygiene, packaging and high performance tyre additives are highly complementary to our existing business. Together with Synthomer's incoming CEO Michael Willome, who has been closely involved and who has fully endorsed this transaction, I look forward to welcoming Adhesive Technologies' colleagues to the company and working together to deliver on the exciting potential that the combination of our two businesses undoubtedly brings." (TT)
Sri Trang Agro-Industry Earns 23 CSR-DIW Awards For Sustainable Coexistence
- By TT News
- April 07, 2026
Sri Trang Agro-Industry Public Company Limited has earned a total of 23 CSR-DIW awards, demonstrating its longstanding commitment to operating with ongoing responsibility towards society, local communities and the environment. In 2025, the Department of Industrial Works honoured the company under the CSR DIW to MIND for Sustainability programme, which recognises industrial factories that enhance their social and community responsibility for sustainable coexistence.
Among these accolades, five facilities received the CSR DIW Award for maintaining these high standards continuously for a decade, while another 18 facilities received the CSR DIW Continuous Award for consistently implementing responsible practices, collectively celebrating industrial organisations that serve as models for industry growing in harmony with communities under the principle of good industry coexisting sustainably.
These achievements reflect how the Sri Trang Group balances economic, social and environmental priorities, allowing the industrial sector to work alongside communities effectively and advancing Thailand’s rubber industry towards a sustainable green future. The group has steadily carried out community focused and socially responsible initiatives across six key areas, including youth development, arts and local traditions, livelihood and career support, environmental management, workplace health and hygiene as well as disaster relief and assistance for vulnerable groups.
This recognition further underscores Sri Trang Agro Industry’s role as a leading organisation that drives sustainable industrial practices while consistently creating lasting value for society, communities and the environment.
Bridgestone To Showcase Lunar Rover Tyres At 41st Space Symposium
- By TT News
- April 07, 2026
Bridgestone has announced its participation in the 41st Space Symposium, the largest space conference in United States, taking place in Colorado Springs from 13 to 16 April 2026. The company’s exhibit will be hosted within the Japanese Space Industry pavilion organised by Japan Aerospace Exploration Agency (JAXA), marking its third consecutive year at the event since 2024. A key focus of Bridgestone’s presence is its ongoing development of lunar rover tyres, a project that embodies the company’s belief that ‘tyres carry life’.
Since 2019, Bridgestone has advanced research on lunar rover tyres and pursued co-creation with international partners to commercialise space mobility technology. In 2024, the company collaborated with Astrobotic Technology, followed by a basic agreement with ispace in 2025. These efforts aim to generate new value in the rapidly evolving space mobility sector.

At the symposium, Bridgestone will demonstrate tyres for small and medium lunar rovers, first unveiled in 2025, by mounting them on a mobility vehicle. Attendees can see and touch the tyres, experiencing their high traversability on simulated lunar challenges like fine sand and rocky ground. Through this showcase, Bridgestone seeks to expand its space business network and foster co-creation opportunities, ultimately supporting safe lunar mobility and humanity’s exploration goals.
The lunar rover tyre project applies Bridgestone’s AirFree technology, an exploratory business under its 2024–2026 Mid Term Business Plan. By refining this technology in the extreme lunar environment, the company aims to eventually bring those innovations back to Earth, enhancing conventional tyres and contributing to broader social value.
Yokohama To Showcase Aircraft Lavatory Solutions At Aircraft Interiors Expo 2026
- By TT News
- April 07, 2026
The Yokohama Rubber Co., Ltd. is set to appear at the Aircraft Interiors Expo 2026 in Hamburg, Germany, collaborating with its American sales arm, Yokohama Aerospace America, Inc. This premier trade fair, running from 14 April over three days at Hamburg Messe, will host over 450 exhibitors from around the globe, all showcasing cutting edge cabin products, materials and technological innovations.
Visitors to the Yokohama booth will encounter a full range of aircraft lavatory solutions, including a prototype unit designed for wheelchair access and retrofit kits intended for existing restrooms. Those kits bring touchless operation to flush switches and faucets, thereby boosting accessibility. By targeting plane makers, airlines and maintenance firms, the company hopes to strengthen sales of its interior offerings.
Yokohama Rubber ranks among Japan's foremost aerospace suppliers. Since the 1980s, it has produced and sold numerous commercial jet components like lightweight composite lavatory modules, potable water tanks, onboard stairways, thermal insulation and honeycomb panels. Having delivered roughly 17,000 lavatory modules for Boeing 737 and 757 aircraft, the firm continues to supply replacement parts for those units and also crafts custom-made components for airline retrofit projects.
Petlas Expands OTR Range With PtxMD51 For Underground Mining
- By TT News
- April 07, 2026
Petlas Tire Corporation has introduced the PtxMD51, an L-5 type tyre specifically engineered for underground mining loaders and trucks operating under severe service conditions. This new addition expands the company’s off-the-road product range to address the most demanding mining environments.
Built with an extra deep tread and an all-steel radial construction, this tyre excels where wear, impact and cut risks are consistently high. Its specially developed tread compound offers strong resistance to cuts and chips, while the reinforced structure, combining steel belts with a radial steel carcass, delivers high impact resistance under heavy loads and harsh operating conditions. A solid centre structure further boosts durability and resistance.
To maintain stability and traction, shoulder grooves are incorporated into the design, ensuring reliable performance in underground operations. With the PtxMD51, Petlas continues to strengthen its portfolio for high-risk, heavy-duty applications where durability, safety and cost efficiency remain essential priorities.



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