ZF TRW 450 million to sell fasteners

On January 25, 2016, ZF -THC and the Illinois Tool Works (ITW) issued a statement that the former fastener business will be sold to the latter at a price of 450 million US dollars.

ZF TRH sells fasteners business

ZF said that the current fastener business is "successful and profitable," but the company decided to focus on the core business, including advances in safety technology, fuel economy, electrification and autonomous driving. Firmware business. It is expected that the transaction will be completed by the end of June 2016, and the progress will depend mainly on the Custom Closing Conditions and legal approvals.

The ZF-TRW fasteners business headquarters is located in Enkenbach, Germany. There are 13 production R&D bases in the world, covering Europe, Asia and North America. The total number of employees in 9 countries is 3,500.

Illinois equipment manufacturing company said that in the future, fasteners will be used as an independent business in its automotive field.

While purchasing the fastener business, Illinois equipment manufacturing company is also doing business subtraction. From 2013 to 2014, Illinois Equipment Manufacturing Company sold a total of 32 small businesses with a revenue of US$4.9 billion. It will also take another US$350 million business between 2014 and 2016.

The background and signification of research this waste tire pyrolysis program

As tire has been used for all other industry widely, they are playing an important role in the development of our economy, but waste tire did not easy to broken after being used and it becomes a big pollution for our environment .Therefore it is urgent to process those waste material without pollution.

In addition ,as the fastest development of world economy ,the shortage of petroleum will be urgent more and more , even the expert had stated that it will have no petroleum recover in earth after 15years later, so searching the new resource becomes an issue which is concerned by all the countries of the world.  

1.Working process Of waste tire Pyrolysis Plant:

First, the raw materials are put into the reactor, and then seal the feeding in door, later start the machine and the reactor will be rotating and heated by coal, natural gas, wood or electricity. When the temperature reaches the degree of 250 to 280, we will get the crude oil, the oil steam will be continuous produced until the temperature reaches 350-460 C; oil steam will flow through oil gas separator, light component will enter the condensers and meanwhile the heavy oil will be discharged automatically into in heavy oil tank. The liquefied part will be condensed as crude oil, and the part which cannot be liquefied will be transferred by the water seal back to the burning chamber to be reused as heating material.

2. Model of waste tire Pyrolysis plant:

3.End of Product from waste tire  Pyrolysis plant

 4. Installation: We will be in charge of arranging our engineer to go to your place to guide the installation and train your workers how to operate the pyrolysis plant,and buyer will be in charge of the food, accommodation and round air tickets.

 5. Land requirement: 300sq meters(10m*30m)

 6. Exporting Experience:

Waste Tire Pyrolysis Plant

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Shangqiu Sihai Energy Technology Co., Ltd , https://www.sihaienergy.com