Author: RubberWorld

Clariant announced that it has reached an agreement to divest its real estate property “Industrial Park Fechenheim”, Frankfurt am Main, Germany to the Lugman Group, a Frankfurt-based single-family office specialized in real estate, for EUR 95 million ($105.8 million USD) in cash. The transaction is expected to close in the course of 2025.

Brenntag recently inaugurated a solar park at its site in Querétaro, Mexico. This project stands out as Brenntag’s largest solar park in Latin America and one of the ten largest globally. It also marks an important milestone in the company’s path towards its goal of 100% energy consumption from renewable sources by 2025.

he Indian Rubber Gloves Manufacturers Association (IRGMA) accepts new guidelines detailing the functions and responsibilities of the Zonal, Sub-zonal, and Port offices of the Central Drugs Standard Control Organization (CDSCO). The association urged the government to take stringent measures to implement the order effectively to stop the import of substandard gloves in the country.
CDSCO issued the new Guidance Document for Functions and Responsibilities of Zonal, Sub-zonal, and Port offices on September 12. The guidelines were last released in 2011, and the recent changes—including the introduction of new rules and regulations and the online system through the SUGAM portal—necessitated the revised order in line with the procedures followed in CDSCO offices.

DuPont announced its commitment to achieve net-zero carbon emissions by 2050. In a letter submitted to the Science Based Targets initiative (SBTi), the company indicated its intent to set long-term science-based greenhouse gas (GHG) emission reduction targets, thereby establishing an end-to-end value chain net-zero target to be verified by SBTi in accordance with SBTi’s Net-Zero Standard. The net-zero goal aligns with the rigorous standards set by SBTi and the Paris Agreement, which aims to limit global temperature rise to 1.5°C.

Continental invests into its first fully owned tire distribution center in the U.S., in the Dallas-Fort-Worth-Metroplex. With the new facility, Continental Tires the Americas is improving both service levels and customer support even further. Designed with future expansion in mind, the distribution center is planned to feature modern technologies and align with the companies’ long-term sustainability goals. Construction of the new distribution center will commence in September 2024. It will have a capacity to store more than 800,000 tires. Operations are scheduled to start in 2026. The facility will initially span 753,000 square feet, with the potential to expand to 1,255,000 square feet. The location was selected based on a comprehensive network study by Continental that identified the Dallas-Fort-Worth area as a key distribution hub for the premium tire manufacturer. To this day, Continental serves the U.S. market through seven distribution centers.

Showcasing its commitment to sustainability and the effectiveness of its circular business model, Ecore, in collaboration with Equinox fitness clubs and other industry leaders, recently transformed old gym flooring into safe, durable playground surfacing in Los Angeles. The project is part of Ecore’s TRUcircularity™ program, which focuses on reclaiming, recycling and repurposing rubber surfacing, including flooring tracks and playgrounds, to reduce environmental impact. Over the course of just two weeks, the team removed old flooring from five Equinox locations in the Los Angeles area and transformed it into safety surfacing for 18 playgrounds in Southern California. This initiative not only supports environmental mandates but also highlights how companies can contribute to the circular economy.