• Elkem Receives Approval For Silicone Plant Investment

    November 01, 2021

    Elkem, a speciality materials manufacturer, has received approval from its board of directors to invest NOK 350 million (USD 41.47 million) in its Roussillon silicone plant in France. The company claims that the investment will help the brand expand its

  • Hankook & Company Sets Aside Investment Funds For New Startups

    October 29, 2021

    Hankook & Company, the holding company of Hankook Tire & Technology, has established a fund called ‘STREAM Fund’ with We Ventures, a Korean venture capitalist, to support early startups and aid the growth of the companies. The first investment was m

  • Nexen Tire Relocates US Headquarters To Richmond, Ohio

    October 28, 2021

    Nexen Tire America, a leading global tyre manufacturer, has relocated its United States based headquarters to Richmond, Ohio. The new headquarters joins the company's North American technical research centre, a USD 5.2 million 35,540 sq ft facility, one

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