Goodyear Completes Sale of Wingtack Adhesives Resins Business

AKRON, Ohio, Sept. 1 -- The Goodyear Tire & Rubber Company announced today that it has completed the previously announced sale of its Wingtack adhesives resins business to Sartomer Company Inc., a unit of the French energy firm Total S.A.

The business includes a manufacturing operation in Beaumont, Texas. The operation is adjacent to Goodyear's synthetic rubber production facility there, which will continue to supply raw materials for Wingtack production.

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.

Goodyear is the world's largest tire company. The company manufactures tires, engineered rubber products and chemicals in more than 90 facilities in 28 countries around the world. Goodyear employs approximately 75,000 people worldwide.