Lanxess acquires US-based firm, Tire Curing Bladders

Media

Lanxess acquires US-based firm, Tire Curing Bladders

12:04 AM, 16th March 2012
Lanxess acquires US-based firm, Tire Curing Bladders
Rainier van Roessel, Board Member, Lanxess.

LEVERKUSEN, GERMANY: Rhein Chemie, a wholly-owned subsidiary of Lanxess has acquired Tire Curing Bladders LLC (TCB), a leading US based manufacturer of bladders for the tire industry. Financial details were not disclosed. The transaction will close with immediate effect. The purchase of TCB is third acquisition of Lanxess in US within six months.

“The acquisition of TCB is a further cornerstone in our strategy to position Rhein Chemie as a global producer of high-quality bladders. We are gaining capacities to serve our growing list of tire customers and we also gain access to bladders for tires of trucks, off-road and agricultural vehicles, as well as building machines. North America remains a very important market for specialty chemicals and technology-driven solutions developed by Lanxess,” said Rainier van Roessel, Board Member, Lanxess.

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Teijin to re-organize carbon fibres business

TOKYO, JAPAN: As a part of Teijin's long-term growth strategy, the company will integrate its business units for carbon fibers and composite materia ...

Read more
Dynea Group names new acting president, Nina Kopola

HELSINKI, FINLAND: Following seven years as President and CEO of Dynea group, Roger Carlstedt will retire on February 28, 2011. After Carlstedt&rsqu ...

Read more
Evonik expands PEEK polymer capacity in China

The company is significantly expanding its polyether ether ketone (PEEK) capacity in response to growing global demand. Along with a number of optim ...

Read more
INVISTA to build new nylon 6,6 intermediates and polymer plant in China

SHANGHAI, CHINA: INVISTA recently said that it is moving forward on its plans to construct a manufacturing facility at the Shanghai Chemical Industr ...

Read more
Shaw wins contract for Ethylene plant expansion in Qatar

BATON ROUGE, US: The Shaw Group Inc announced that it has won a contract by Qatar Petrochemical Company Ltd QSC (QAPCO) to provide basic engineering s ...

Read more
Eastman expects higher growth earnings

Expects $10 EPS in 2013, greater than 10 per cent EPS growth rate through 2013 Increased first-quarter and full-year 2011 EPS guidance to approachi ...

Read more
Copyright © 2016. Kimberlite Softwares Pvt. Ltd., India. All rights reserved.
World of Chemicals.