Author: RubberWorld

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Wacker reports increased profits despite lower sales

Wacker Chemie AG reported stronger first-quarter earnings Tuesday despite lower sales, as cost-cutting measures and accelerated customer orders tied to geopolitical uncertainty boosted profitability.

The German chemical company said first-quarter sales fell 5% year over year to 1.41 billion euros, primarily due to unfavorable exchange-rate effects. Sales, however, increased 12% from the previous quarter.

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Engel revenue falls 6 percent amid challenging market conditions

Injection molding machine manufacturer ENGEL Group said Tuesday that revenue declined 6% in its 2025-26 financial year as challenging market conditions in Europe and ongoing industry pressures weighed on results, though the company reported renewed momentum in the United States and resilient demand in Asia.

The company reported revenue of 1.4 billion euros for the fiscal year, slightly below the prior year’s level.

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Help our industry with student sponsorships for the Global Polymer Summit

The Rubber Division, ACS, is seeking support from our industry sponsors to expand a program that brings college and university students to the Global Polymer Summit, aiming to cultivate the next generation of professionals in the polymer sector.

The initiative, described as a key pipeline for introducing young talent to the industry, provides selected students with free access to the summit, along with covered travel, lodging and meal expenses. The Division said the number of students who can attend depends on the level of sponsorship received before an Aug. 1 deadline.

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Engel Silicone Days 2026 show highlights

The ENGEL Group showcased new and established technologies for silicone injection molding during its Silicone Days 2026 event, highlighting advances aimed at improving quality, efficiency and process reliability for manufacturers.

The two-day event, held April 28–29 in Schwertberg, drew about 200 participants from international markets to explore developments in processing liquid and solid silicone, according to the company.

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Continental reports increased profitability in tires and ContiTech

Continental started 2026 with a good first quarter. The Tires and ContiTech group sectors both increased their adjusted EBIT margins compared with the same quarter of last year, despite burdens from tariffs and exchange-rate effects. Adjusted free cash flow was also up year-on-year. By contrast, the economic environment and weak global markets hampered sales growth. Even against the backdrop of current geopolitical developments, the DAX-listed company has confirmed its full-year outlook. For 2026, Continental still expects consolidated sales of around €17.3 billion to €18.9 billion and an adjusted EBIT margin of around 11.0 to 12.5 percent.

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Plast 2026 exceeds 1,000 registered exhibitors

Plast 2026 confirms its position as Europe’s leading trade fair of the year in the plastics and rubber industry. The twentieth edition, scheduled from 9 to 12 June at Fiera Milano, is delivering positive results despite the complex international geopolitical and economic landscape, marked by trade tensions and instability across global markets.

The Milan show is demonstrating its resilience with the participation of over 1,000 exhibitors – 44% of them international companies – 200 of whom were not present at either of the two previous editions, across a floor space of over 40,000 square metres.

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AGC Chemicals Americas launches new AFLAS SF-FFKM grades

AGC Chemicals Americas, Inc., (AGCCA) introduces AFLAS® SF-FFKM grades designed to support more sustainable manufacturing while meeting the demanding performance requirements of semiconductor equipment applications. Produced without surfactants or fluorosolvents, these new materials are engineered to provide outstanding plasma resistance, exceptional purity and minimal outgassing, making them ideal for use in ultra-durable seals for advanced semiconductor processing.

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