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…

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