Author: RubberWorld

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Akron’s Sustainable Polymers Tech Hub to receive grant funding of approximately $51 million

The Sustainable Polymers Tech Hub, led by the Greater Akron Chamber, aims to tackle the severe climate and environmental impacts resulting from the use of fossil fuel-derived polymers (rubbers and plastics) through accelerating sustainable polymer manufacturing and commercialization in the United States. While polymers have long played an important role in American innovation, their conventional production has resulted in environmental challenges like greenhouse gas emissions and plastic pollution. This Tech Hub will pair the largest concentration of plastics and rubber manufacturing plants, machines, and materials in North America with regional R&D partnerships to establish global leadership in emissions-advantaged plastic and rubber technology. 

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Machinery & EquipmentNewsrss2

Roemheld introduces new rail-guided die changing table

ROEMHELD North America announces the new, rail-guided RWS mold changing table for transporting heavy dies and molds. The innovative solution is available in three versions for loads of up to 15, 25, or 40 tons per mold. Electrically driven, the system is equipped with two different pull-push systems for the safe and automatic transport of dies to set up presses. It can be used to change dies and molds on all types of machines, including vertical forming and injection molding machines.

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Continental and Samsara to partner for data-driven fleet solutions

Continental will be partnering with Samsara, a global telematics provider. The goal of this integration will be to deliver comprehensive, data-driven fleet management solutions with a focus on truck trailers. To accomplish this, both companies will exchange data points, providing customers with access to a broad spectrum of trailer data. This includes in-tire sensor data from Continental, such as tire pressure and mileage. Samsara and Continental are committed to building an integration that enables fleets to improve safety, streamline productivity and maintenance intervals, optimize trailer allocation and planning, and gain comprehensive visibility into trailer assets.

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H.B. Fuller reports positive second quarter

H.B. Fuller Company reported financial results for its second quarter that ended June 1, 2024. Second Quarter 2024 Noteworthy Items: Net revenue was $917 million, up 2.1% year-on-year; organic revenue was flat year-on-year with volume up 3.3% and all three global business units achieving volume growth; Gross profit margin was 30.8%; adjusted gross profit margin was 31.1%, up 210 basis points year-on-year, driven principally by favorable net pricing and raw material cost impact, restructuring benefits and volume growth; Net income was $51 million; adjusted EBITDA was $157 million, up 10% year-on-year;

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Continental names Olaf Schick as new chief financial officer

The Supervisory Board of Continental AG has appointed Olaf Schick as the company’s new chief financial officer (CFO) effective July 1. In addition to Group Finance and Controlling, Schick will remain responsible for Group Law and Intellectual Property, Group Compliance, Group Internal Audit, Group Quality Management and Group Risks and Controls, all of which are currently part of the Integrity and Law function. Continental CEO Nikolai Setzer will take charge of Group Information Technology (IT), which is currently part of the Finance function

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Toyo Tires introduces the all-new Toyo M156 Urban and Regional all-position tire

Toyo Tire U.S.A. Corp. (Toyo Tires®) introduces the all-new Toyo® M156™ urban and regional all-position commercial tire. This SmartWay-pending tire delivers long, even wear and excellent fuel efficiency. Building upon its successful predecessor (the M154™), it features key advancements to maximize removal miles, fuel efficiency, retreadability, and casing durability for a high return on investment, while providing excellent performance and safety.

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