Author: RubberWorld

In the fourth quarter, revenue rose 2.6% to ₹6,423.6 crore (approximately $769.3 million), up from ₹6,258 crore in the same period last year. However, EBITDA dropped 19% to ₹836.9 crore (around $100.2 million), compared to ₹1,027.6 crore a year earlier. The EBITDA margin narrowed to 13% from 16.4%. Net profit plunged 48% to ₹185 crore (about $22.2 million), down from ₹354 crore. The company also incurred a one-time exceptional loss of ₹119 crore (roughly $14.3 million).

Liberty Tire Recycling has released its 2024 Sustainability Report, highlighting another year of progress toward its vision of a more sustainable, circular economy. In 2024, Liberty collected more than 215 million end-of-life tires and reclaimed over 4.7 billion pounds of rubber—creating innovative, high-value recycled products that support infrastructure, manufacturing, and energy recovery.

Opening on May 22, 2025, the headquarters at 6550 Wedgwood Rd N, Ste. 300, Maple Grove, MN 55311, becomes the new home of Cybertrol’s former Plymouth operations. The facility features a UL508A/698A certified panel shop, along with dedicated spaces for team collaboration, client meetings, training classes, and materials storage. The Maple Grove office, led by President Jeff Reust, specializes in designing, implementing, and maintaining advanced control systems that optimize efficiency, enhance productivity, and ensure the seamless operation of industrial processes. “Our strategic relocation to a more aesthetically refined and appropriately scaled office supports our primarily hybrid work model,” said Reust. “This enhanced space was created to optimize engagement and foster collaboration during key in-office days.”

Siemens is extending its Sinamics G120C-series of drives to include three new frame sizes for high power output ranges.  The new frame sizes cover the power output range from 22 to 132 kilowatts (kW), making the series available from 0.55 kW to 132 kW.  Standard features of the series include a compact design with optional filter, long cable lengths, full integration into the Totally Integrated Automation (TIA) Portal and simple control and commissioning.  The G120C also includes the “Safe Torque Off” function (STO) which prevents a motor from unintentionally starting. 

WACKER has commenced production of hybrid polymers at its Nünchritz site. The new production facility is currently undergoing ramp-up. Hybrid polymers serve as binders for high-quality adhesives and sealants and are extremely popular because they are easy to use. Such binders are increasingly being employed by manufacturers of construction and assembly adhesives, parquet-flooring adhesives or liquid waterproofing membranes for roofs and balconies.

The official opening event, held on February 26, 2025, brought together company leadership, employees, and special guests, including Moritz Netzsch, Giuliano Albiero, and Thomas Streubel. The celebration featured speeches, a ribbon-cutting ceremony, an office tour, and a gathering to mark the occasion.
The redesigned office reflects a shift in workplace dynamics, embracing flexibility while enhancing teamwork. With no assigned workstations and open collaborative spaces, the new layout encourages communication and knowledge exchange among employees. The remodel was strategically planned in multiple phases to align with NETZSCH’s growth objectives and ensure a seamless transition for all team members.