Author: RubberWorld

There will be two new faces in Arburg’s management team in the course of 2024: On 1 July 2024, Steffen Kroner will take charge of the Finance, Controlling, IT and Human Resource Management division, which was newly created at the beginning of the year. In addition, Gerhard Böhm, Managing Director Sales and After Sales, will retire in the course of the year, and his successor has already been appointed.

TBC Corporation has announced that Shingo Aso has joined the company as Executive Vice President, Corporate Development. He will lead corporate development initiatives, mergers and acquisitions, strategic alliances and new business development.

The modern plant with an initial capital investment of $380M will be built on a 150-acre site. Construction is expected to begin in the second quarter of 2024 and the facility is set to begin production in early 2027 with a planned annual output of 5 million tires.

RDAbbott is sharing initial updates from its “75 Acts of Kindness” campaign, a year-long effort to mark the company’s 75th Anniversary. Robert David Abbott, a Southern California entrepreneur with a passion for education and the local rubber industry, founded the business that bears his name on December 14, 1948. Today, RDAbbott remains true to its founder’s generous spirit and is inspiring others to participate in philanthropic efforts that serve the various needs within its local communities.

Jeff began his career in the motorcycle industry in 1991. As an industry veteran, Jeff owned an aftermarket store and has extensive experience in parts, service, and sales at a multi-line store in Delaware. He recently spent 15 years at Western Powersport as a Sales and Marketing advisor in the mid-Atlantic region.

Jeff will be responsible for the Northeast Region, covering the states of Virginia, Delaware, Pennsylvania, Rhode Island, New Jersey, New York, Connecticut, New Hampshire, Massachusetts, Vermont, and Maine.

Enova has granted Elkem and Ferroglobe a grant of 17 million NOK, for a pre-study to continue the development of a joint carbon capture and storage (CCS) project in Rana, Norway. The project, if finally realized, will capture 95% of CO2 from the two plants, a total of 520.000 MT, for permanent storage, as well as recover all excess energy from both plants.

Bridgestone announced its Firestone Liberia natural rubber growing and processing facility earned the International Sustainability and Carbon Certification (ISCC) PLUS recognition. The Firestone Liberia facility is the world’s first natural rubber farm to achieve the ISCC PLUS certification.
The Firestone Liberia facility earned the ISCC PLUS certification for its efforts in reducing environmental impacts, utilizing resources efficiently and enhancing its capacity to adapt to, mitigate and build resilience to climate change. The certification also recognizes the farm for the implementation of good agricultural practices, ensuring proper working conditions, complying with local regulations and fostering effective management practices to facilitate ongoing growth and improvement.

Corteco is aiming for further expansion in Southeast Europe. That is why the independent aftermarket unit of Freudenberg Sealing Technologies has unveiled its new warehouse in Turkey. It will ensure much faster deliveries of premium spare parts to local customers in the future. At the same time, the new warehouse marks another step forward in enhancing sustainability, as transport routes to the customers will now be much more efficient. Corteco will also launch a dedicated sales office in Serbia to strengthen customer relations there

These price adjustments are implemented in response to rising labor costs, global inflation, and continuously elevated energy expenses over the past 18 months. Despite certain mitigating factors in raw material costs, there have not been sufficient price reductions to offset the overall financial pressures. Primarily impacting products produced in Europe, North America, and Japan, the price increase will impact most of Sun Chemical’s pigments portfolio.