Lion Elastomers to buy Firestone SR plant in Texas

Orange, Texas — Lion Elastomers LLC has signed an agreement with Firestone Polymers to purchase Firestone’s synthetic rubber facility in Orange for an undisclosed price.

With this sale, Firestone Polymers, a wholly-owned subsidiary of Bridgestone Corp., officially will exit the non-tire rubber business, according to a statement from Bridgestone Americas.

“Bridgestone considered the competitiveness of the market and we are confident this move will provide the best opportunity to deliver on its long-term growth potential,” the company statement added.

The Orange plant manufactures polybutadiene and styrene-butadiene copolymers under…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with