General Motors to invest $7 billion with four new factories in Michigan

General Motors Co announced an investment of more than $7 billion in four Michigan manufacturing sites, creating 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. This is the single largest investment announcement in GM history. The investment includes construction of a new Ultium Cells battery cell plant in Lansing and the conversion of GM’s assembly plant in Orion Township, Michigan for production of the Chevrolet Silverado EV and the electric GMC Sierra, GM’s second assembly plant scheduled to build full-size electric pickups.

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Sumitomo Rubber transitions two factories to 100 percent renewable energy

Sumitomo Rubber Industries, Ltd. announced that, as part of their ongoing efforts to contribute to the realization of a carbon-free society, the Sumitomo Rubber Group’s two tire factories in the People’s Republic of China (Changshu Factory and Hunan Factory) completed the transition to purchasing 100% of their electric power from renewable energy sources in January of 2022.
In addition, with further plans to install solar power generators from the second half of the year, these two factories are now slated to reduce their total annual (2022) CO2 emissions from tire manufacturing processes by an estimated 70% compared to their 2021 emissions levels.

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Instron introduces new 3400 and 6800 series universal testing systems

Building on a 75-year legacy of excellence in mechanical testing, Instron announces the capacity expansion of the 3400 and 6800 Series universal testing systems. The all-new 3400 and 6800 Series high-force universal testing systems are successors to Instron’s popular 3300 and 5900 Series systems and are now available in force capacities ranging up to 300 kN. With the higher capacities come a host of new features focused on durability, ergonomics, and simplifying mechanical testing.

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Global liquid silicone rubber market forecast at $4 billion by 2028

Global Liquid Silicone Rubber Market is valued at USD 2.5 Billion in 2021 and is estimated to reach a value of USD 4.0 Billion by 2028 at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period according to Vantage Market Research. The Global Liquid Silicone Rubber Market is being driven by significant developments in the demand for medical grade Liquid Silicone Rubbers, as well as high growth in electrical and electronics and medical applications. Medical grade Liquid Silicone Rubber is utilized in skin treatments to enhance absorption and functionality, as it minimizes the danger of bacterial infections. These are commonly employed in electrical insulation and electrical potting in electrical and electronics applications. Liquid Silicone Rubbers are also employed in the production of LED lights because they are chemically inert and are resistant to severe temperatures.

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Non-halogenated flame retardants market forecast with a CAGR of 6.4 percent

Axiom Market Research & Consulting™ added a report on non-halogenated flame retardants market which includes study on product, application, end user, and geography. Non-halogenated flame retardants market was projected to grow at a CAGR of 6.4% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the non-halogenated Flame Retardants Market

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Vee Tyre and Rubber is recalling Tri-Ace Pioneer tires for sidewall separation

Vee Tyre and Rubber Co., Ltd. (Vee Tyre) is recalling certain Tri-Ace Pioneer A/T III tires, sizes LT245/70R17 and LT235/85R16, with DOT codes 4718 through 1819. Due to a manufacturing issue, the sidewall may separate from the tire. As such, these tires fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 139, “New Pneumatic Radial Tires for Light Vehicles.”

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