in this issue
World News and Views :: Top of the News
Lanxess Acquires U.S. Manufacturer of Bladders for Tire Industry
12:35 AM MDT | March 15, 2012 | Deepti Ramesh
Lanxess says its Rhein Chemie (Mannheim, Germany) subsidiary has acquired Tire Curing Bladders (TCB; Little Rock, AR), a privately-owned leading manufacturer of bladders for the tire industry. Financial terms of the deal were not disclosed. The transaction will close with immediate effect, Lanxess says. TCB recorded sales of $21 million in 2011 and employs about 100 people. TCB operates a bladder production facility with a capacity in excess of 400,000 units/year, and the company mainly serves the North American market, Lanxess says. The demand for bladders is...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee