Author: RubberWorld

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Orion S.A. releases 2023 Sustainability Report

Orion’s “Sustainability Report 2023,” which the company released with the theme: “Driving innovation, enabling the everyday.” The report covers a variety of highlights, including: Achieving an EcoVadis Platinum Medal, positioning the company in the 99th percentile of companies evaluated. Opening a Battery Innovation Center to develop new products and formulations for lithium-ion batteries driving the shift to electrification.
Investing €12.8 million – including €6.4 million in grant funding from the German government and European Union — to further develop and demonstrate a climate-neutral process for producing carbon black from alternative carbon sources. Leading the carbon black industry in the number of production sites with ISCC (International Sustainability & Carbon Certification) PLUS certification. Reaching the goal of having 80% of employees receive 40 or more training hours – double the average training hours in 2022. In a Q&A section with Painter, the CEO describes how the company developed a reputation for being a leader in developing sustainable products in its industry.

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Edison Agrosciences announces $600,000 in seed financing for sunflower rubber research

Edison Agrosciences announced the closing of a $600,000 seed financing round. This investment was made possible by the support of current and new investors, including BioGenerator, Missouri Technology Corporation (MTC), Crisp & Company, LLC and others.

Edison Agrosciences is at the forefront of developing more sustainable, domestic sources of critical industrial materials, with a current focus on producing natural rubber from sunflowers. Natural rubber is an essential component in thousands of products used daily, known for its unmatched properties compared to synthetic alternatives.

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Agridence develops platform for GPSNR’s reporting requirements

Agridence developed a digital platform specifically for the Global Platform for Sustainable Natural Rubber (GPSNR) Reporting Requirements (RR) with the aim of simplifying the process of sustainability data reporting, collection and aggregation for the natural rubber value chain. When the exercise was first introduced to GPSNR members in 2022, a major tire maker reached out to Agridence to develop a solution to improve the reporting process and make data consolidation and aggregation easier. In 2023, two more major tire manufacturers started to use the tool.

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Global synthetic polyisoprene rubber market forecast at $1.3 billion by 2032

The demand for synthetic polyisoprene rubber industry is likely to be driven by its widespread application in the manufacturing of tires, belts, footwear, and medical accessories such as medical gloves and medical balloons. The global market is anticipated to expand at a robust 6.2% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis.

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Eurozone economic recovery fades further in July with weak manufacturing report

The eurozone manufacturing sector was again a key source of weakness. Production was down markedly in July, and to the largest extent in the year-to-date. As such, a rise in services activity stopped the overall private sector from falling into contraction. That said, the expansion in the service sector was only modest and the weakest since March. The two largest euro area economies continued to underperform the wider region. Output in Germany decreased for the first time in four months, while France posted a third consecutive monthly reduction in business activity. This performance contrasted with continued growth across the rest of the euro area, albeit the latest increase in output was the least marked since January.

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Paolo Pompei names president and CEO of Nokian Tyres

Paolo Pompei (1971, Italian citizen) has strong experience in the tire industry. His latest assignment was at Yokohama TWS, former Trelleborg Wheel Systems, where he acted as President since 2017. Prior to that, he held several leadership positions in the Trelleborg Group, including the position of President of the Business Unit Agricultural tires, and earlier in his career he has worked at Pirelli. Pompei is a Board Member at ETRMA, European Tyre and Rubber Manufacturers’ Association. He holds a degree in Economics with a M.Sc. in International Trade and has additional studies in business administration and management.

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Dow and Wilson Sporting Goods partner to create the TRU 32 pickleball

Integrated with Dow elastomer technologies, the TRU 32 Pro delivers the same dependable consistency as TRU 32 but with enhanced speed and liveliness, making it ideal for advanced competitive gameplay. Its patented hole pattern creates consistent flight and bounce characteristics that complement the fast, responsive nature of its composition. Manufactured in the USA with imported components, the ball is USA Pickleball approved for outdoor competitive play and introduced new levels of pickleball performance. Building on this design, our teams also recently collaborated on a version specifically for indoor play — the TRU 32 Indoor ball.

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Covestro LLC welcomes new plant manager to Baytown, TX Industrial Park

Effective July 1, Covestro LLC welcomed Victor Ortega as the new senior vice president for Performance Materials Operations in North America and site manager at its industrial park in Baytown, Texas, the company’s largest manufacturing facility in North America. Ortega succeeds Demetri Zervoudis, who has since retired from the company after a 40-year career.

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