Author: RubberWorld

For the past four years, the Benvic Group has entrusted EcoVadis, one of the foremost providers of sustainability ratings, to assess their performance and progress around four themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement; and as such Benvic earned a Gold Medal for the third year in a row – this time reaching the 98th percentile in our industry showing improvement on all metrics.

Rubber Division, ACS offers a Rubber Technology Training Award for an individual already in the rubber industry seeking additional education and opportunities for advancement. They also have three $5,000 undergraduate scholarships available for students who wish to pursue a degree in rubber technology, polymer science or the chemical profession.

Continental’s Automotive group sector has appointed Karin Dohm as the future CFO to continue driving forward its already started path to independence. The current chief financial officer of the Hornbach Group will strengthen the Automotive team from April 1, 2025. She is designated to take over responsibility for the Executive Board function for Accounting, Controlling, Treasury, Tax, Mergers & Acquisitions and Real Estate Management, Investor Relations and IT of the future independent Automotive business alongside the designated CEO Philipp von Hirschheydt. The Executive Board for the Automotive business is scheduled to be finally appointed after the Annual Shareholders’ Meeting of Continental AG has given the necessary approval to the spin-off on April 25, 2025.

The Tire and Rubber Association of Canada announces the addition of BKT Tires Canada Inc., as its newest member joining a leading group of 26 manufacturers, importers, and recyclers shaping the future of the tire industry in Canada. BKT Tires (Balkrishna Industries Ltd.; www.bkt-tires.com) offers a full range of off-highway tires specially designed for equipment in the OTR, Agricultural, and Industrial sectors.

The 2025 AMAP March Educational Workshop will be held March 4-6, 2025, at the Embassy Suites by Hilton Dallas DFW Airport South in Irving, Texas. This event offers an excellent opportunity to connect with fellow professionals and organizations in the industry while gaining valuable insights from educational sessions led by renowned industry experts.

The Company’s net revenue for the fourth quarter of fiscal 2024 was $923 million, up 2.3% versus the fourth quarter of fiscal 2023. Organic revenue declined 0.2% year-on-year, with pricing adjustments reducing organic revenue by 1.5% and volume increasing organic revenue by 1.3%. Foreign currency translation decreased net revenue by 0.2%, and acquisitions increased net revenue by 2.7%.

China National Tire & Rubber Co., Ltd, the company behind brands such as Pirelli, Prometeon, and Aeolus, has announced plans to build a new car tire manufacturing plant in Egypt. This development was confirmed following a meeting between Egypt’s Prime Minister, Dr. Mostafa Madbouly, and Wang Jianjun, Chairman of China National Tire & Rubber, on January 13, 2025.

The Greater Akron Chamber (GAC) was awarded $3 million through the U.S. Economic Development Administration Good Jobs Challenge program, complete with a $3.4 million local match, to strengthen the polymer industry’s workforce pipeline through in-demand skills training and placement in “Good Jobs” through the Advanced Polymer and Manufacturing Excellence (APEX) initiative. The $3.37 million of local funds will be provided collectively by partners Akron Rubber Development Laboratory, MAGNET, Manufacturing Works, and Stark State College.

Weinheim, Germany – Freudenberg Sealing Technologies is starting the new year with a new management team. As of January 1,

MAXAM Tire debut its new rubber tracks line for construction equipment, marking a significant expansion of its product portfolio. The initial release features three versatile models—MT130, MT150, and MT170—designed to deliver exceptional performance across a variety of surface conditions and applications