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


Lanxess to expand operations in the Netherlands

  LEVERKUSEN, GERMANY/SITTARD-GELEEN, THE NETHERLANDS: Lanxess is investing €12 million to convert 50 per cent of its ethylene propylene di ...

Read more
Air Products to supply industrial gases to Ineos bioenergy plant

  ALLENTOWN, US: Air Products has been awarded a contract to supply onsite oxygen, compressed dry air and nitrogen to Ineos Bio’s joint ve ...

Read more
Aramco awards Axens contract for Jazan refinery & terminal project

  DHAHRAN, SAUDI ARABIA: Saudi Aramco has selected Axens’ technologies for its Jazan refinery & terminal project. The refinery, schedu ...

Read more
LyondellBasell finds no buyers for Berre, France refinery

  ROTTERDAM, THE NETHERLANDS: LyondellBasell announced that the sales offering for the 105,000 barrels-per-day refinery in Berre, France has res ...

Read more
Huntsman to build new Asia Pacific technology centre in Shanghai

  THE WOODLANDS, TEXAS: Huntsman Corporation will invest approximately $40 million to build a new Asia Pacific regional technology centre (ATC) ...

Read more
Lonza extends offer for all outstanding shares of Arch Chemicals

BASEL, SWITZERLAND: Lonza Group Ltd’s, LG Acquisition Corp, an indirect wholly owned subsidiary of Lonza, has extended the expiration date for i ...

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