Author: RubberWorld

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Guill rheology lab now available as a commercial service

Guill Tool announces that its state-of-the-art rheology lab is offering its services for a fee to all those interested. Measuring the flow characteristics of plastics and rubber helps predict how a customer’s material will flow through the company’s extrusion dies before production. In addition, tooling geometry is virtually optimized, and the project can be viewed in 3D CAD. Machines used include a rotational rheometer, scanning calorimeter, thermal conductivity meter and a new CT scanner.

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Global thermoplastic elastomers market forecast at $35.3 billion by 2028

The Global Thermoplastic Elastomers Market size is estimated to be USD 26.9 billion in 2023 and is projected to reach USD 35.3 billion in terms of value by 2028, at a CAGR of 5.6% between 2023 and 2028, as per the recent study by MarketsandMarkets™. The recovery of automotive sector across the world is driving the thermoplastic elastomers market during the forecast period.

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Continental announces strategy to achieve mid-term targets

To achieve its mid-term targets, the company will adopt a package of cost-reduction measures. It thus aims to achieve a consolidated adjusted EBIT margin of around 8 to 11 percent in the next two to three years and then improve within this range. The company has also sharpened its sales expectations. In the short term (two to three years), Continental aims to achieve total sales of around €44 billion to €48 billion. In the medium term (three to five years), it expects total sales to be around €51 billion to €56 billion (outlook for 2023: around €41 billion to €43 billion). It will also carve out parts of the business and carry out further portfolio reviews. Furthermore, the DAX-listed company is increasing the corridor for dividend distributions to around 20 to 40 percent of net income (previously: around 15 to 30 percent).

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Yokohama Tire launches the ‘Extreme Traction’ 907W drive tire

Just in time for winter, Yokohama Tire has launched the 907W™, a premium, extreme traction drive tire which is designed for fleets and operators who are looking to keep trucks rolling in snow and icy conditions.

The 907W, which replaces the SY767™, carries the three-peak mountain snowflake symbol, which means it meets or exceeds the industry’s required performance criteria for severe snow service. It is available now in the U.S. in three sizes: 295/75R22.5, 11R22.5 and 11R24.5.

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Dow to build the world’s first net zero emissions ethylene cracker in Alberta

The $6.5 billion project, excluding governmental incentives and subsidies, includes building a new ethylene cracker and increasing polyethylene capacity by 2 million MTA as well as retrofitting the site’s existing cracker to net-zero Scope 1 and 2 emissions. The investment is expected to deliver $1 billion of EBITDA growth per year at full run rates over the economic cycle while decarbonizing 20% of Dow’s global ethylene capacity.

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