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


China to enforce new green production laws

BEIJING, CHINA: Senior Chinese legislators started their second deliberation on a draft amendment to the country’s law on the promotion of cle ...

Read more
Solvay starts epichlorohydrin plant in Thailand

BANGKOK, THAILAND: Solvay announced that its affiliate Vinythai has successfully commissioned its world-class bio-sourced epichlorohydrin plant based ...

Read more
LyondellBasell provides Lupotech T process license to Chinese company

ROTTERDAM, THE NETHERLANDS: LyondellBasell announced that China Shenhua Coal to Liquid and Chemical Co has selected Lupotech T process technology from ...

Read more
Electricity generating bacteria found

NEWCASTLE, UK: Bacteria normally found 30 kilometre above the earth have been identified as highly efficient generators of electricity. Bacillus strat ...

Read more
Shaw bags fossil maintenance contract in Arizona and New Mexico

BATON ROUGE, US: The Shaw Group announced that it has signed a new contract with Arizona Public Service Co (APS) to provide maintenance and constructi ...

Read more
Albemarle announces change in executive management

BATON ROUGE, US: Albemarle Co announced changes in its executive management team effective from 1 March 2012. Anthony ‘Tony’ Parnell has b ...

Read more
Copyright © 2014. Kimberlite Softwares Pvt. Ltd., India. All rights reserved.
World of Chemicals.