Rubber Division, ACS offers a Rubber Technology Training Award for an individual already in the rubber industry seeking additional education and opportunities for advancement. The organization also has three $5,000 undergraduate scholarships available for students who wish to pursue a degree in rubber technology, polymer science or the chemical profession. In addition, local Rubber Groups and industry companies recognize and support the need for financial assistance in obtaining a college degreeRead more
Dow Inc. outlined a series of targeted actions aligned to its previously stated plan to achieve $1 billion in cost savings in 2023. The proactive actions will further optimize the Company’s cost structure in response to near-term macroeconomic uncertainty, while maintaining its long-term competitiveness across the economic cycle.Read more
Ford has approved premium winter tires from Continental for its latest Explorer, Fiesta, Focus, Mustang and Puma models. For these five models, the WinterContact TS 870 and WinterContact TS 870 P can be ordered directly from dealers. Both winter tire models offer exceptionally safe handling on dry roads and on snow, as well as short braking distances on ice. In addition, they impress in all weather conditions with precise steering behavior and good safety reserves. A series of independent winter tire tests have given the Continental WinterContact TS 870 and WinterContact TS 870 P top marks in 2022.Read more
Continental launches the next generation of windshield wipers, featuring improved technology, a new design and better handling – AQUACTRL2. The new product series offers a choice between pre-assembled set solutions designed to fit individual vehicles (DirectFit) or single wipers with adapters for flexible mounting to fit a wide range of different vehicle models (MultiClip)Read more
The Goodyear Tire & Rubber Company will report fourth quarter and full-year 2022 financial results after market close on Wednesday, Feb. 8, followed by an investor conference call at 8:30 a.m. EST on Thursday, Feb. 9.Read more
Revenue from the global silicone coatings market currently stands at US$ 6.64 billion. Worldwide consumption of silicones coatings is projected to increase at a CAGR of 6% from 2022 to 2032, as per a new analysis by Fact.MR, a market research and competitive intelligence provider.
The silicone coatings market will be primarily driven by trends of industrialization and urbanization across the world. Rising construction activities, increasing use of silicone coatings in automotive manufacturing, and growing popularity of the features of silicone coatings are expected to favor market growth. However, high costs of production and increased availability of low-cost alternatives are anticipated to have a hindering effect on the demand growth of silicone coatings over the coming years.
Hankook Tire & Technology has developed ‘Damaged Parts Restoration 3D Printing Technology’ through research collaboration with Korea Atomic Energy Research Institute and HM3DP, a 3D printing startup.Read more
ENGEL and Glassomer to jointly develop new applications for glass injection molding. The two companies have concluded a cooperation agreement for this purpose. ENGEL is providing an injection molding machine to Glassomer for the joint development work and for customer orders.Read more
The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.335 cents per share on the company’s common stock. The dividend is payable on March 15, 2023, to stockholders of record at the close of business on March 1, 2023.Read more
Net income of BASF Group is expected to amount to –€1,376 million in 2022. This is considerably below the prior-year figure (2021: €5,523 million) and the average analyst estimates for 2022 (Vara: €4,768 million). Net income contains non-cash-effective impairments on the shareholding in Wintershall Dea AG in the amount of about €7.3 billion, of which €5.4 billion in Q4 2022Read more