European Rubber Journal articles from July 2000

European Rubber Journal archives from July 2000

Parker to buy seal maker Wynn's.(Parker Hannifin Corp., Wynn's International Inc.)(Brief Article)
July 1, 2000... Deal will create third largest global seals maker, with nearly $1000 million sales. Parker-Hannifin Corp. plans to buy automotive sealing supplier Wynn's International Inc. for $497 million, a deal that would make its Parker Seals Group...

ERJ newsbriefs.(European Rubber Journal)
July 1, 2000... Eagle-Picher centralises sales/marketing * Bergisch-Gladbach, Germany--Eagle-Picher Automotive GmbH has consolidated its sales and marketing in Bergisch-Gladbach to present a united front to European customers and have a single marketing...

Icopal accepts US bid.(CAIK Holdings, a consortium, wins bid for Icopal AS)(Brief Article)
July 1, 2000... Danish roofing group holds out against Trelleborg bid; secures better offer from roofing/investment consortium. CAIK Holdings--a consortium involving Carlisle SynTec Inc., of Carlisle, Pennsylvania, and IKO Sales Ltd of Toronto, Canada--has...

Mark IV to sell to BC Partners.(BC Partners Ltd. to buy Mark IV Industries Inc.)(Brief Article)
July 1, 2000... Major hose and belt maker Mark IV to become privately held if offer by UK investment firm BC Partners succeeds. A London-based private equity firm has offered to buy Amherst, New York-based Mark IV Industries Inc. with a $2000 million...

Gates to axe 280 jobs in European restructure.(Gates Rubber Co. moving European power transmission belt activities)(Brief Article)
July 1, 2000... Belt production moving east to follow customers and cut costs. Gates Rubber Co.'s European power transmission division is to transfer its automotive and industrial power transmission belt activities at Erembodegem, Belgium to a new facility...

Trelleborg to realign BTR AVS operations.(Brief Article)
July 1, 2000... Plant closures in Europe but not in the US, will follow from Trelleborg's acquisition of the BTR AVS business Trelleborg AB will close automotive supply plants in Europe but not in the US as it integrates the BTR AVS units bought in March....

ContiTech sets up hose JVs in China.(power steering hose joint venture)(Brief Article)
July 1, 2000... First Asian venture set up by ContiTech's fluid handling unit--as expansion of hose production in Europe continues ContiTech AG's fluid-handling unit has set up a joint venture in Shanghai, China, ContiTech Fluid Shanghai Co. Ltd, with...

Freudenberg marks UK plant opening.(Freudenberg Technical Products)(Brief Article)
July 1, 2000... German-based group invests in new UK plant despite domestic industry difficulties Freudenberg Technical Products has officially opened its new multi-million pound manufacturing facility in Newcastle upon Tyne, UK. The production unit...

Goodyear axe stays over Fort Dunlop.(phases out automobile tire production at Birmingham plant)(Brief Article)
July 1, 2000... Future uncertain for remaining tyre operations at Dunlop plant in Birmingham Goodyear Tire and Rubber Co. is to phase out car and light truck tyre production at its Dunlop Tyre plant in Birmingham, UK, and has left a question mark over the...

Goodyear, Michelin join forces on PAX.(run-flat tire technology)(Brief Article)
July 1, 2000... Goodyear decision puts PAX in pole position for future run-flat success. The quest to establish standard run-flat tyre technology for the automotive industry has led two fierce tyre-making competitors to join forces. And the winner is...

N America lead Europe in Michelin's tyre sales.(Brief Article)
July 1, 2000... US and Asia top of French tyre maker's agenda. For the first time in company history, Groupe Michelin's North American operations sold more tyres than their counterparts in Europe, the group's chairman Edouard Michelin told shareholders at...

Seal maker RPP to open European office.(Brief Article)
July 1, 2000... Rubber seal maker RPP Corp., based in Lawrence, Massachusetts, is to open a European sales and distribution unit on 1 July. The RPP Europe GmbH facility will be located in Willstatt, Germany, close to the French border. RPP said has seen...

ARP aims to boost global reach in Europe, Asia.(new contracts for American Rubber Products)(Brief Article)
July 1, 2000... US seals maker aims for wider reach through alliance with Irish, Japanese firms. In an effort to increase sales and expand its global market reach, automotive seal manufacturer, Laporte, Indiana-based American Rubber Products Corp. has...

SSL to buy glove plant sell condom unit.(SSL International acquires AMPri Rubberware Industries)(Brief Article)
July 1, 2000... Merged group to focus on core medical gloves and branded condoms in thin-film products. It also reports progress with integration strategy SSL International plc plans to purchase AMPri Rubberware Industries, a Malaysian medical glove maker,...

ERJ people.(Brief Article)
July 1, 2000... Changes at Goodyear James Boyazis, Goodyear Tire & Rubber Co.'s vice president, secretary and associate general counsel, will retire at the end of July. Edward Fogarty, former chairman, president and chief executive officer of Tambrands,...

Rubber trading venture to establish US office.(RCMA Americas Inc.)(Brief Article)
July 1, 2000... New joint venture aims to be the largest rubber trader in the world. A Dutch-Singaporean rubber trading joint venture has purchased a Norfolk, Virginia-based company to establish a US beach-head and create what the new firm's principals...

BASF to spend $495 M expanding latex capacity.(Brief Article)
July 1, 2000... Investment of [european dollar] 390 million by BASF on building new latex plants in Europe and across the world to supply paper-making plants BASF AG has announced plans to expand its paper chemicals business, which includes SR latex for...

Rhodia invests $36 million in silicones.(Brief Article)
July 1, 2000... Rhodia aims to be fastest growing silicones producer, according to Olivier de Clermont-Tonnere, president of Rhodia Silicones (above). He was speaking at a press meeting, 6 June, to announce Rhodia's investment in new intermediate capacity at...

CIL expanding bonding agent unit.(Brief Article)
July 1, 2000... Soaring growth prompts expansion decisions Compounding Ingredients Ltd (CIL) is investing almost o1 million ($1.5 million) to expand its Preston, UK plant, its fifth such expansion in five years. The latest spend follows an 83-percent rise...

New European B2B venture sets up shop.(Brief Article)
July 1, 2000... Transaction costs will be cut for polymer buying and selling, claim Allplastx. Allplastx.com, a new e-commerce website for the European polymer industry was launched in Dublin on 24 May, with an initial investment of IR25 million [pounds...

E-business newsbriefs.(Brief Article)
July 1, 2000... Rubbercommerce.com to go on-line [*] Mumbai, India--a new rubber marketplace is due to go on -line in July.www.rubbercommerce.com was scheduled to be running on 1 July, but was delayed by a few days as ERJ went to press. The system has been...

Knowledge is the key to success in rubber.
July 1, 2000... One theme of the recent IRC 2000 was the importance of knowledge to a sector facing increasing challenges. One of these challenges--stronger environmental regulations--may rule out use of many common rubbers in the future. Future European...

Finland relies on imports.(Brief Article)
July 1, 2000... Finland's paper industry helped the rubber sector in the early days, because rubber rollers are needed for paper manufacture, said Tuula Rantahailo (left), managing director of the Finnish Rubber Manufacturers' Association, in the IRC opening...

Technology vital in fibres, too.(Brief Article)
July 1, 2000... Good technology is a key aspect in the fibres business. For Honeywell Performance Fibres (the new name for the former AlliedSignal business), "future success relies on continuing technological development," in what the firm sees as a demanding...

Rubber days set for Nuremberg.
July 1, 2000... The German rubber federation is once again hosting its rubber days in Nuremberg this September. This is probably one of the biggest events focussing on today's modern rubber industry, and is one of those `must-attend' events for anyone...

Tyre boom in Russia slowed by lack of raw materials.(Statistical Data Included)
July 1, 2000... After a series of false start, the rubber industry in the former CIS is becoming interesting to western companies. At one level, the devaluation of the rouble has made the industry more competitive, which has led to a boom in export of...

Slovakia overview.(Brief Article)
July 1, 2000... Slovakia is typical of the developing countries of central Europe. Having broken away from Communism, the country was initially successful, but was badly affected by the collapse in its traditional markets in Russia. Three companies in...

Boom for Russian auto components.
July 1, 2000... Despite the huge size of the Russian Federation, and the scale of its automotive industry, production of automotive rubber goods is concentrated in just two main factories, while other rubber goods are made in a limited number of factories...

Matador looks towards another 50 years.
July 1, 2000... Matador AS has just celebrated 50 years of tyre making. The company has had many ups and downs in that time, culminating most recently in the establishment of a joint venture with Continental AG to create one of the world' s largest truck tyre...

Europe's biggest truck tyre plant.(Brief Article)
July 1, 2000... Matador's joint venture with Continental is set to be one of the biggest truck tyre plants in the world. It also secured the future of Matador as a business. The former Matador truck tyre factory is being transformed. Like a caterpillar,...

Russia: More Curate's egg than Faberge egg.(The advisability of investing in Russia)(Brief Article)
July 1, 2000... If an Englishman talks about the curate's egg, he means that even in a rotten egg, some parts are almost edible. This sums up the situation in Russia today. If you look hard enough, you can find some things which might just about be worth...