Author: RubberWorld

Arkema will highlight new technologies and advancements aimed at increasing circularity, energy efficiency, decarbonization and living comfort through more sustainable paint and coating solutions at Paint India., Hall 1, Booth #D4, February 22-24 at the Bombay Exhibition Center in Mumbai, India.

Under YX2026, Yokohama Rubber will further advance the “exploitation” of the strengths of its existing businesses and the “exploration” of new value and complete the transformation begun under YX2023 while being mindful to not leave any negative legacies for the next generation. Under this guiding philosophy, management will resolutely implement the growth strategies established in each business as it aims to achieve “Hockey Stick Growth” during YX2026 to fiscal 2027. Management’s targets for fiscal 2026, the final year of YX2026, are sales revenue of ¥1,150 billion, business profit of ¥130 billion, a business profit margin of 11%, and ROE of more than 10%.

The Latex Conference 2024 – an educational in-person event being held on May 14, 2024, at 9 AM EST at the Fairlawn/Akron Hilton in Akron, Ohio. The Latex Conference 2024 provides a formal and informal exchange of information designed to increase the total knowledge of the latex industry and provide opportunities for networking with latex industry professionals. 

Freudenberg Sealing Technologies has inaugurated its new state-of-the-art production facility in Parets del Vallès (Barcelona). The fully carbon-neutral plant, dedicated to manufacturing automotive components, is boosting its production capacity by 15 percent. Freudenberg has invested more than 11 million euros in the new production facility.

The Rubber Division, ACS announces the first WOMEN OF OUR INDUSTRY Conversation of the year on March 27, 12 p.m. – 1 p.m. ET with featured guest Tina Darnell and a March Madness theme. This WORD Conversation begins with open networking for approximately 10 minutes followed by a conversation between our featured guest, Tina Darnell, our current Secretary, and Kim Dempsey-Miller, our 2nd woman Chair.

The Yokohama Rubber Co., Ltd., announced its business and financial results for fiscal 2023 (January to December 2023). Sales revenue increased 14.5% over the previous year, to 985.3 billion yen; business profit increased 41.4%, to 99.1 billion yen; operating profit increased 45.8%, to 100.4 billion yen; and profit attributable to owners of parent increased 46.4%, to 67.2 billion yen. All of those figures were record-high figures for full-year performance at Yokohama Rubber. Yokohama Rubber achieved its target, meanwhile, of raising the ratio of business profit to sales revenue to above 10%. That was the target for that ratio under the company’s medium-term management plan, Yokohama Transformation 2023

Alex Winchester, comments on joining the GlocalTeam: “SYNCRO GROUP has shown an unparalleled commitment to investing resources and talent in ambitious projects like the American one and I’m looking forward to getting to work to contribute to its ongoing success. I am sure that together we will be able to achieve extraordinary goals and make the difference in the American market.”

Dow has declared a dividend of 70 cents per share, payable March 8, 2024, to shareholders of record on February 29, 2024.

This marks the 450th consecutive dividend paid by the Company or its affiliates since 1912.

Continental has decided on further measures to strengthen the competitiveness of its Automotive group sector. These measures aim to increase the efficiency of Automotive’s global research and development network. By the end of 2025 at the latest, a number of the group sector’s 82 current development locations will be streamlined, its existing infrastructures better utilized through the pooling of development units, and synergies in work processes leveraged. The efficiency measures will affect around 1,750 jobs worldwide, including 380 at software subsidiary Elektrobit. The adjustments will be implemented gradually and as socially responsible as possible in line with local conditions.

Bridgestone Americas (Bridgestone) and Firestone Ag are celebrating that 2024 marks 80 years of partnership with the National FFA Organization (FFA). To honor this milestone, the company announces new FFA sponsorship commitments and a social campaign designed to champion student accomplishments and perspectives. This includes support for the organization’s Equity, Diversity and Inclusion (EDI) program as well as backing for its New Century Farmer Conference to advance students’ leadership, personal and career skills.