Author: RubberWorld

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Sumitomo Rubber wins Environmental Achievement of the Year award

Sumitomo Rubber Industries, Ltd. was awarded the Environmental Achievement of the Year-Manufacturing at the “Tire Technology International Awards for Innovation and Excellence” in recognition of its use of hydrogen energy and solar power for tire production. The award ceremony was performed at the “Tire Technology Expo 2024” which was held this past March 18th through 21st in Hanover, Germany.

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Milliken to bring its full range of additive and colorants solutions to NPE 2024

Milliken & Company will bring its full range of additive and colorant solutions for polypropylene (PP) and polyethylene (PE) plastics to NPE 2024 on May 6-10, 2024 in Orlando, Florida. NPE: The Plastics Show is the largest plastics trade show in the Americas—drawing more than 55,000 leaders from more than 110 countries to explore plastic innovations, applications and collaborations. Milliken joins industry leaders for the five-day expo to explore novel and sustainable pathways for plastics, enabled in part by the company’s comprehensive polymer additive portfolio on display at booth 22071, South Hall.

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RPM announces a dividend of $0.46 per share

RPM’s last cash dividend increase of 10% in October 2023 marked RPM’s 50th consecutive year of increased cash dividends paid to its stockholders, which places RPM in an elite category of less than half of 1 percent of all publicly traded U.S. companies. Only 41 other U.S. companies, besides RPM, have consecutively paid an increasing annual dividend for a longer period of time, according to Dividend Radar. During this timeframe, the company has returned approximately $3.4 billion in cash dividends to its stockholders.

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Market ReportsNewsrss5

Indian Rubber Board reports growing demand for imported rubber

According to the study, India consumes more rubber than it produces. The country consumed 1,238,000 tons of natural rubber in 2021/22, an increase from 1,096,410 tons consumed in 2020/21, and 1,350,000 tons in 2022/23.

India has been importing natural rubber from various countries to meet the market demand. India imported 528,677 tons of natural rubber in 2023 alone. Statistics show that 546,369 tons in 2022, 410,478 tons in 2021 and 457,223 tons of natural rubber were imported in 2020.

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Newsrss1Testing & Instruments

ACE Laboratories completes installation of its new wiper blade testing system

ACE Laboratories has announced another new testing capability. This latest addition provides the ability to test and analyze windshield wiper blades and wipe systems.
The custom engineered testing system allows ACE to include energy consumption analysis as part of the testing protocol in addition to traditional durability analysis. ACE’s testing system also allows for customization to nearly all windshield types with angle and pressure controls to ensure testing is completed according to OEM specifications.

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