Goodyear sells resins unit
Goodyear Tire & Rubber Co. has completed the sale of its Wingtack adhesives resins business to Sartomer Co. Inc., a unit of French energy firm Total S.A.
The business includes a manufacturing plant in Beaumont, Texas. The facility is adjacent to Goodyear's synthetic rubber production plant, which will continue to supply raw materials for Wingtack
The Wingtack adhesives resins business produces hydrocarbon resins that are used in a variety of pressure-sensitive and hot melt applications.
It has approximately 115 associates, according to Goodyear officials.