Author: RubberWorld

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Nexen Tire signs power purchase agreement for tire plant in Korea

NEXEN TIRE announced that it is accelerating its shift to renewable energy at its Korean production sites. As part of this push, the company has signed a Direct Power Purchase Agreement (DPPA) for its Yangsan plant in Korea and is expanding solar self-generation at its Changnyeong and Yangsan plants, with the aim of raising the share of renewable energy used in its manufacturing operations and strengthening its sustainability commitment.

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Market ReportsNewsrss3

Synthetic rubber market forecast at $39.9 billion by 2030

The synthetic rubber market size is expected to see steady growth in the next few years. It will grow to $39.95 billion by 2030 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to growing adoption of electric vehicles, increasing demand for sustainable elastomer materials, rising investments in advanced industrial manufacturing, expansion of infrastructure and construction activities, growing use of specialty rubber compounds in electronics and healthcare.

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Zeon Corporation signs joint development agreement with JCCL

Zeon Corporation has signed a joint development agreement with JCCL Inc. a startup originating from Kyushu University, which is advancing the development and commercialization of lowcost, high-efficiency CO2 separation and recovery technology, to further improve the performance of JCCL’s CO2 absorbents, develop mass production technologies, and scale up JCCL’s CO2 separation and recovery systems.

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Chemicals & MaterialsNewsrss1

Flexsys narrows 6PPD replacement to two final molecules

Flexsys has developed the world’s first viable alternative to 6PPD, the Company has now completed screening efforts and is focusing on two final candidate molecules for expanded testing and ultimately final selection as a replacement for 6PPD in tires.
Flexsys has also entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Geological Survey (USGS) to independently and thoroughly evaluate the two molecules’ potential effects on aquatic life

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Matt Futrelle named associate vice president for Dunlop Tires North America

Dunlop Tires North America (DTNA) announced the appointment of Matt Futrelle as Associate Vice President, TBR, effective August 1st, 2026.

In this role, Futrelle will be responsible for leading the TBR business, overseeing strategic initiatives, driving business growth, and supporting DTNA’s continued commitment to delivering exceptional products and service to customers across North America.

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Yokohama Rubber develops proprietary generative AI system

The Yokohama Rubber Co., Ltd., announces that it has developed and begun full-scale operation in August 2026 of a proprietary generative AI system utilizing RAG (Retrieval-Augmented Generation), which searches various technical documents accumulated internally and presents responses based on their contents. This new system contributes to further accelerating and enhancing tire development by providing rapid and accurate access to technical information necessary for decision-making during the tire development process, including material development.

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AirBoss appoints Leslie Graves to board of directors

AirBoss of America Corp. announced the appointment of Leslie Graves, Co-Head of Capital Markets at R.Seelaus & Co., to its Board of Directors, effective August 27, 2026. Leslie Graves is Co-Head of Capital Markets and a Partner at R. Seelaus & Co., which she joined in 2017. She has more than 30 years of financial services experience, with expertise across capital markets, debt origination and trading.

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European Union leaves International Rubber Study Group

The European Union has withdrawn from the International Rubber Study Group, ending its membership in the intergovernmental organization as of June 30, 2026, according to the group’s current membership information and European Union records.

The departure follows an EU decision to leave the organization, which the European Council formally approved in October 2025. The EU said the IRSG had become an organization of limited and declining relevance as important member countries withdrew over the years.

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