Lion completes acquisition of Firestone SR plant

Orange, Texas – Lion Elastomers LLC has completed its acquisition of Firestone Polymers’ synthetic rubber facility in Orange, according to a news release issued 1 Aug.

Lion did not disclose the purchase price.

The purchase marks Lion Elastomers’ second straight acquisition in less than five years and is in line with the company’s strategy to expand and add value, said the statement.

The Orange plant manufactures polybutadiene, styrene-butadiene block copolymers and solution styrene-butadiene rubber under the Stereon, Diene and Duradene brand names.

Lion agreed to purchase the plant in June. At…

To read more,please login or register below.

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