Private Companies 6

USA

June 12, 2018: Rubber & Plastics News: Bridgestone investing $28 million for truck tire expansion

NEWS BITES - PRIVATE COMPANIES

PUENTE SAN MIGUEL, Spain-Bridgestone Corp. is investing $28 million in its Puente San Miguel, Spain, factory to support the launch of a line of 24-inch radial truck tires suited for on- and off-road applications.

The move will give "a significant boost" to the site in north Spain, where it will be able to make agricultural and truck tires at the same time, the company

INDEX

SECTION 1 RUBBER & PLASTICS NEWS PROFILE

SECTION 2 PRESS RELEASES: 2018

SECTION 1 RUBBER & PLASTICS NEWS PROFILE

1.1 ACTIVITIES

News Rubber & Plastics News publishes a newspaper that provides news, technical, and marketing information to rubber manufacturers, suppliers, consultants, and laboratories. The company also provides this information via its Website. It is based in Akron, Ohio. The company is a subsidiary of Crain Communications Inc.

1.2 SUMMARY

Website: http://www.rubbernews.com

Industry: Media

SECTION 2 PRESS RELEASES: 2018

June 13: Rubber & Plastics News: Covestro celebrates new expansion

PITTSBURGH-Covestro officially started up an expansion at its New Martinsville, W. Va., production facility, which will increase the company's annual production capacity of thermoplastic polyurethane in North America by 25 percent through debottlenecking.

The expansion supports the company's Texin product line, which is used in applications such as automotive instrument

Source: Company Website

June 13: Rubber & Plastics News: ARPM launches new website

NAPOLIS-The Association for Rubber Products Manufacturers launched its new website, with a new design and structure.

The new look is designed to be easier to navigate and more mobile-friendly, according to an ARPM release. The website is available at arpminc.com.

The site includes sections with

Source: Company Website

May 02: Rubber & Plastics News: PepsiCo partners with Stemco to improve fuel economy

LONGVIEW, Texas-PepsiCo Inc. will update 1,600 trailers in its fleet with products from Stemco Products Inc.

Stemco-which produces commercial vehicle wheel end, braking and suspension components-will supply its TrailerTail and EcoSkirt products to the fleet. Its TrailerTail Trident line is SAE-certified to deliver 5 percent greater fuel efficiency gains

Source: Company Website

May 01: Rubber & Plastics News: Hankook's first quarter earnings, sales decline

SEOUL, South Korea-Hankook Tire Co. Ltd. reported a 9.8 percent drop in pre-tax operating profit for the quarter ended March 31 on 1.7 percent lower sales, when compared to the same period in 2017.

Hankook's first quarter EBITDA fell to $306 million on sales of $1.5 billion, dropping the operating ratio two points to 20.4 percent, the company reported. Net income was not

Source: Company Website

May 01: Rubber & Plastics News: Dana reports growth for first quarter

MAUMEE, Ohio-Dana Inc. reported increased sales and net income for the first quarter of 2018.

The firm's sales increased to $2.14 billion, up by $437 million compared to 2017. Net income also increased 26 percent to $108 million. The income growth was primarily from higher operating earnings thanks to increased sales.

Source: Company Website

May 01: Rubber & Plastics News: New Products: MDS launches FFKM line

HOUSTON-Material and Design Solutions has launched a new line of low-compression set perfluoroelastomers (FFKM) compounds for the chemical processing and refining industries.

MDS claims that its new Petroz perfluoroelastomer (FFKM) compounds deliver the lowest compression set in the industry, which improves sealing performance in high-pressure, high-temperature

Source: Company Website

May 01: Rubber & Plastics News: Flexan acquires IntroMed, expands medical offerings

LINCOLNSHIRE, Ill.-Flexan L.L.C.continues to add valuable pieces to its medical operations, as it recently acquired IntroMed L.L.C., a manufacturer of patented sheath introducers used in catheter placements.

Based in Salt Lake City, IntroMed operates out of a 6,000-sq.-ft. operation with 25 employees. The firm utilizes polyurethane, high performance plastics and acrylic polymers

Source: Company Website

April 30: Rubber & Plastics News: Silicone regulations evolve globally

CUYAHOGA FALLS, Ohio-Though regulatory measures worldwide continue to pose obstacles for the silicone industry, there are a few bright spots on the horizon, according to Alexandra Rinehart, regulatory engineer at Shin-Etsu Silicones of America Inc.

Rinehart presented an update on global regulations for silicones through the Silicones Environmental, Health and Safety Center at the

Source: Company Website

April 30: Rubber & Plastics News: Cooper's earnings decline as unit volume drops, costs rise

FINDLAY, Ohio-Cooper Tire & Rubber Co. suffered double-digit drops in operating and net income for the quarter ended March 31, reflecting lower unit volume and costs associated with reduced manufacturing, the company said.

Operating income dropped 54.4 percent to $26.5 million on 6.5 percent lower sales of $601.5 million, cutting the operating margin nearly five percentage

Source: Company Website

April 30: Rubber & Plastics News: MidAtlantic Rubber & Plastic Group plans spring technical meeting

ALLENTOWN, Pa.-The MidAtlantic Rubber & Plastic Group will host its spring technical meeting May 10 at Air Products and Chemicals Inc. in Allentown.

The event, which focuses on "Collaborative Testing of Rubber, Plastic and their Blends" includes three short presentations, a tour and refreshments.

Derek Williams, of Rep Corp., will be the first to present, giving his

Source: Company Website

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