IN THIS EDITION July 2012
Lead Feature
Company News
Materials News
Machinery News
Exhibition News
Injection Moulding
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Rubber Journal Asia
E-Magazine for the Rubber Industry
MRB to host International Rubber Technology and Economics Congress in KL
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COMPANY NEWS
Indian coatings jv expanded
US-headquartered performance coatings supplier PPG Industries and India’s largest coatings company Asian Paints (APL) have received the go signal from Indian authorities to expand their coatings joint venture.
PPG and APL will expand their current 50-50 joint venture, Mumbai-based Asian PPG Industries, to now serve India’s industrial liquid, marine, consumer packaging and transportation coatings customers. PPG and APL also will form a second 50-50 joint venture, Asian Paints PPG, to serve protective, industrial powder, industrial container and light industrial coatings customers.
The said expansion will accelerate both companies’ growth in non-decorative coatings to take advantage of the long-term growth of the Indian economy.
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Huntsman acquires Russian jv
US firm Huntsman Corp. has acquired the remaining stake of Huntsman NMG, its Russian PU joint venture with NMG, the manufacturer of PU in Russia and other areas of the former Soviet Union.
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EPT in China
Shanghai Sinopec Mitsui Elastomers, a 50:50 joint-venture between Chinese firm Sinopec and Japan-based Mitsui Chemicals, will build an ethylene-propylene-diene terpolymer (EPT) production plant in Shanghai Chemical Industry Park
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Clariant takes over Ukraine firm
Swiss speciality chemicals group Clariant is acquiring the remaining 40% share of a joint venture between Alvigo and Chemie.
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Solvay start up in China
Belgian firm Solvay has started up its EUR21 million speciality polymers compounding plant at Changshu, targeting the electronics, automotive, consumer and industrial applications markets.
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Indian R&D for Faurecia
German automotive Tier 1 supplier Faurecia has opened a major R&D centre in Pune, India. Employing 800 automotive engineers, the facility will serve interior systems, automotive seating and automotive exteriors.
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Barnes Group to acquire Synventive
US international aerospace and industrial manufacturing and service provider Barnes Group will acquire privately held hot runner maker Synventive Molding Solutions for US$335 million.
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Bermis inks jv with Thin Film
US firms Bermis has tied up with Norwegian Thin Film Electronics to develop the Bemis Intelligent Packaging Platform for the commercial development of functional sensor labels manufactured from new and emerging printed electronic technology made from Thin Film’s propriety read/writable printed memory and programme logic
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German firm’s double celebration
Not only did German robot maker Krauss-Maffei Automation celebrate its 30th anniversary since its foundation, it also marked it with its 1,000th robot delivery from the “robot wharf” of its branch in Schwerin.
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