6/3/2020 - Portland, OR - As per the report published by Allied Market Research, the global automotive tire market was pegged at $112.16 billion in 2019, and is expected to reach $154.40 billion by 2027, growing at a CAGR of 4.1 percent from 2020 to 2027. The rise in automotive production and sales across different vehicle segments, the introduction of advanced technology in the manufacturing process, and the rise in competition among tire manufacturers have boosted the growth of the global automotive tire market. However, the volatile price of raw materials and the growing market of retreading tires hamper the market. On the contrary, advancement in technology and fuel efficiency and safety concerns are expected to create lucrative opportunities for the market players in the coming years. The emergence of COVID-19 has hugely affected the global aut...
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6/3/2020 - Waukegan, IL – PolymaxTPE announced a $400,000 capital investment to the company’s research and development and production capabilities. This investment to the Waukegan, IL, facility will help PolymaxTPE increase its efficiency and support of the North American market. Delivered to PolymaxTPE this year, the new additions are highlighted by a Coperion ZSK Mc¹⁸ twin-screw compounding extruder, an ECON underwater pelletizing EUP system, as well as other auxiliary equipment. “PolymaxTPE continues to raise the bar on product innovation and customer service with this investment in the North American facility,” said Tom Castile, vice president of sales at PolymaxTPE. “The expansion increases our ability to create better solutions faster and is representational of our commitment to maintaining the status of a recognized, world-class organiz...
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6/3/2020 - Akron, OH - The Rubber Division, ACS, announces its June course and webinar schedule. Essentials of Rubber Technology, and Essentials of Silicone Rubber will be held June 11. Mixing and Testing for Compound Consistency, and Setting Up a Rubber Molding Process will be held June 12. Rubber Explained, with a lowered price of $200, will be held June 17. Thermoplastic and Functional Elastomers, a new course, will be held June 29. Communicating for Scientific Success, a new course that is free for Rubber Division members, will be held June 30. June webinars, which are free for Rubber Division members, will include: Utilizing Laboratory Equipment for Efficient Development and Problem Solving, a new webinar, on June 24, and General Considerations in Failure Analysis of Rubber and Elastomers on June 25. All courses are free for student members. Th...
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6/3/2020 - Paris, France - The sale of Arkema’s Functional Polyolefins business to SK Global Chemical was finalized on June 1, and is fully in line with the strategy to refocus the group’s activities on specialty materials. With sales of around €250 million, the Functional Polyolefins business, which is part of the PMMA activity, comprises ethylene copolymers and terpolymers for the food packaging, cable, electronics and coatings markets. This business employs around 100 people in France, and has an international sales network of around 30 people who will now be joining SK Global Chemical, a subsidiary of South-Korean group SK. Based on an enterprise value of €335 million, this divestment is fully in line with the group’s strategy to become a pure player in specialty materials by 2024 as presented on April 2, centered around the three complementary ...
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6/3/2020 - Schwertberg, Austria - The demand for test swabs for nasal and throat swab tests will continue to grow strongly due to COVID-19. Injection molding machine manufacturer Engel Ausria and Hack Formenbau are jointly committed to ensuring the global supply of test swabs. By providing an integrated system solution and process technology consulting, they are helping plastics processors to launch high-volume production of two-component test swabs with a short lead time. The test swabs have a stable thermoplastic handle and a head made of a thermoplastic elastomer to make the examination less uncomfortable for the patient. Hack Formenbau developed this two-component design, initially with three different head design proposals. "We adapt the handle length and shape, the design of the swab head and the materials individually to suit customer require...
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6/3/2020 - Detroit, MI - -- Stratview Research announces the launch of a new market research report on Aircraft Interior Elastomers Market by Platform Type [Commercial Aircraft (Narrow-Body Aircraft, Wide-Body Aircraft, and Very Large Aircraft), Regional Aircraft, and General Aviation], by Elastomer Type (EPDM, Silicone, Fluoroelastomers, NBR, CR, and Others), by Product Type (Seals, Gaskets, Hoses & Tubes, and Others), by Application Type (Doors & Windows, Seats, HVAC, Interior Panels, Galleys, Lavatories, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2020-2025. The report, from Stratview Research, provides a comprehensive analysis that reflects today's aircraft interior elastomers market realities and future possibilities for the forecast p... (read more)

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