Take a busy year for tire manufacturers, a lousy one for companies that serve the oil and gas industry, add in some major changes in the industry supply sector and finish with a large amount of plant expansions, and you have a capsule of what has happened in the rubber industry in 2016. The following is a synopsis of many events from April through June.
The U.S. Food and Drug Administration starts procedures to ban powdered surgical and examination gloves, and absorbable powder for lubricating surgical gloves.
Tillerman & Co. buys Jackson Flexible Products Inc.
A California Senate bill that would have restricted zinc or zinc oxide in tires is revised, and no longer mentions tires.
Yokohama Tire Co. Ltd. agrees to acquire Alliance Tire Group.
Goodyear plans to move its European technical center to a site a few miles from its current location in Luxembourg.
Triangle Tyre Group Ltd. touts its push for a greater market share in the U.S. with its new American subsidiary, Triangle Tire USA, under newly named CEO Manny Cicero.
Accella Performance Materials purchases the Spray Foam Division of Quadrant Urethanes Technologies.
England's Synthomer P.L.C. agrees to buy the Hexion Inc. adhesives and coatings business.
Molded Rubber & Plastic Corp. purchases injection molder Johnson Precision.
Japan's Sumitomo Rubber Industries Ltd. plans to expand radial truck and bus tire capacity at its Ladysmith, South Africa, manufacturing site.