Author: RubberWorld

Bridgestone Corporation announced that it has been selected for inclusion in the Dow Jones Sustainability World Index (DJSI World), a globally recognized sustainability index, for two years in a row and for the fifth time in total. In addition, the Company has been selected for the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), which is comprised of companies located in the Asia Pacific region, for 14 consecutive years.

The company signed a long-term PPA for 125 MW of renewable electricity sourced from TotalEnergies’ Brazoria Solar project in Brazoria County, Texas. The 15-year agreement is expected to generate approximately 300,000 megawatt-hours (MWh) of solar power annually, equivalent to the annual electricity consumption of more than 28,000 American homes. The project is expected to commence operations at the end of 2025. This is the company’s second PPA with TotalEnergies.

Craig Arnold is currently the Chief Commercial Officer at Ferroglobe PLC in Madrid, Spain. Prior to this appointment, he had a long-standing career at Dow Inc., where he held various senior management roles, including an Executive Secondment (from Dow Inc.) and Advisor to the CEO at the Alliance to End Plastic Waste (AEPW) in Singapore, President Dow Sub-Sahara Africa in Johannesburg, South Africa, Global Commercial Vice President Dow Industrial Solutions for EMEAI in Zurich, Switzerland and President Dow Australia & New Zealand in Melbourne, Australia and other senior corporate roles separately in Houston & Michigan, USA. He has also served on many industry associations, academic and government related bodies.

PPG announced the following details for its fourth-quarter 2023 earnings release and teleconference call.

Earnings release: Thursday, Jan. 18, after U.S. stock markets close

Trelleborg has, through its business area Trelleborg Sealing Solutions, signed an agreement to acquire MNE Group, consisting of the companies Materials Nano Engineering and Materials Nano Solution. The transaction is expected to be completed in the first quarter of 2024.

In the third-party certified definition of recycled content, Bekaert applies the best available recycled content definitions and traceability of materials. Bekaert’s tire reinforcement has a minimum recycled content of 50 percent for tire cord and 70 percent for bead wire. The rigorous processes at the supplier’s wire rod factory and at the Bekaert steel cord plant allow Bekaert to trace the content in the composition and separate this material from others in all steps of production, storage, and transport. Thus, it is guaranteed that the physical content of the steel cord and bead wire supplied to our customers contain the declared amount of recycled steel.

LANXESS has completed the expansion of its production capacity for sustainable light-color sulfur carriers by several kilotons. The project, with an investment volume in the double-digit millions, was completed at the Mannheim site in around two years as planned. The additional volumes will be available from 2024.

Hankook Tire will invest approximately EUR 540 million in the project with target completion by 2027. The expansion will create about 450 new jobs. The Rácalmás plant is estimated to produce 2,380 units of TBR products daily, with a total annual estimate of 800,000 units upon completion. The Hankook Tire currently has eight production sites around the world with global capacity total of about 102 million tires per year.

Freudenberg is consolidating its EagleBurgmann and Freudenberg Oil & Gas Technologies Business Groups to form Freudenberg Flow Technologies. “The move enables Freudenberg to optimize innovation and sales synergies, with a focus on sustainable sealing solutions in demanding market segments. Customers in sectors such as oil and gas, energy, petrochemicals, pharmaceuticals, food, and water systems, will benefit greatly from our extensive product portfolio. Freudenberg Flow Technologies also offers a framework to promote further growth,” said Dr. Mohsen Sohi, CEO of the Freudenberg Group. Freudenberg will have ten Business Groups when the changes take effect on January 1, 2024.

abot Corporation announced it has been recognized by Newsweek as one of America’s Most Responsible Companies 2024. This is the fifth consecutive year that Cabot has made this prestigious list, which recognizes its commitment to social responsibility performance in the three areas of environment, social and corporate governance (ESG). This award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider and can be viewed on Newsweek’s website.