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Indorama Ventures to acquire European tyre cord maker

Global chemicals producer Indorama Ventures has entered into a definitive agreement to acquire Glanzstoff Group, a major European manufacturer of tyre cord fabrics and single-end cords (SECs) for high-performance tyre applications.

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OTIZ enters PA66 automotive market

Chinese industrial yarn manufacturer Oriental Industries (Suzhou) (OTIZ) recently commissioned its first polyamide (PA) 66 investment for the automotive market.

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Toray opens new airbag fabric plant in India

Toray Industries has officially opened a new plant for producing airbag fabric at Toray Kusumgar Advanced Textile (TKAT) at the Sarigam Industrial Estate in Gujarat, India.

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Michelin invests in tyre cord factory expansion

French group Michelin will invest €60m in its tyre cord factory in Zalau, Romania, aiming to increase production by 50% by 2019. The investment will also lead to the creation of 140 jobs. The factory currently has some 350 employees.

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New regulations for composite materials for UK industry

A new report published by the UK’s University of Southampton calls for industry and government to work closely together to put an end to the constraints that currently inhibit the growth and use of composite materials in the marine, rail, oil and gas, and construction sectors.

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Lighter, stronger composites for aerospace parts

Cheshire, UK-based machine builder Cygnet Texkimp has been awarded a £200,000 grant to develop machinery for the manufacture of lighter, stronger composites for the international aerospace market.

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