(IN BRIEF) Bekaert has agreed to acquire Bridgestone’s tire reinforcement businesses in China and Thailand, including two captive steel cord manufacturing facilities, alongside a long-term supply agreement with Bridgestone. Expected to close in the first half of 2026, the transaction … Read the full press release
Posted in Automotive, Belgium, Environment, Industrial, Investment, Management, News, Technology
Tagged automotive materials, Bekaert, Bridgestone, china manufacturing, global automotive supply chain, global manufacturing footprint, industrial acquisition, rubber reinforcement division, steel cord manufacturing, Strategic Bekaert–Bridgestone Agreement Transfers Tire Reinforcement Facilities and Secures Long-Term Supply Partnership, strategic partnership, Thailand manufacturing, tire cord market, tire reinforcement, Yves Kerstens
(IN BRIEF) Carmeuse, through its majority-owned entity Carmeuse Majan, has acquired 100% of Al Namariq, a modern lime plant located next to its existing facilities in Salalah, Oman, strengthening its production platform and regional supply capabilities. Active in Oman since … Read the full press release
Posted in Belgium, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Al Namariq, Asia export markets, Carmeuse, Carmeuse Majan, Carmeuse Strengthens Middle East Production Platform Through Al Namariq Acquisition, industrial acquisition, lime production, Middle East industrial markets, Oman lime plant, production platform, regional expansion, Salalah operations, supply reliability
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