Author: RubberWorld

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RPM International officially opens their new Innovation Center in Greensboro

RPM International Inc. officially opened the doors to its new Innovation Center of Excellence in Greensboro, North Carolina in January. This 60,000-square-foot, state-of-the-art facility is the first shared research and development center for RPM companies. It is designed to foster partnership and harness collective expertise among RPM companies to accelerate innovation for their customers. The facility represents a continuation of the increased collaboration that has been developed through MAP 2025 initiatives.

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Bridgestone to close truck and bus radial tire business in China

Bridgestone Corporation (Bridgestone) has been strengthening its premium focus in China as part of its “Rebuild Earning Power” initiative, since 2021. In its next three year plan, the Mid-Term Business Plan (2024-2026), Bridgestone will further intensify this focus and will cease production and sales of truck and bus tires at Bridgestone (China) Investment Co., Ltd. (BSCN), and withdraw from the commercial tire business in Chinese market. The aim is to “Reinforce Earning Power” and achieve the “True Next Stage.” Moving forward, strategic resources will be directed to the premium tire market for passenger vehicles, where growth is anticipated, leveraging Bridgestone’s strengths to “reinforce earning power.”

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GRI appoints Barry Guildford as its global commercial director

GRI has made a significant stride in bolstering its leadership team with the appointment of Mr. Barry Guildford as the Global Commercial Director (GCD), effective 1st March 2024. Guildford brings with him a wealth of experience and a proven track record of success in strategic leadership and sales management roles within the tire industry. As the GCD, Guilford will lead the global sales and marketing organization of GRI.

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Covestro publishes climate neutrality targets for scope 3 emissions

Covestro has published its climate neutrality targets for scope 3 emissions, completing its climate strategy for reducing greenhouse gas emissions. As a short-term goal, the company plans to reduce greenhouse gases by 10 million metric tons by 2035. This corresponds to a drop in emissions of 30 percent compared to the base year 2021, with some growth-related emissions through 2035 included in the calculation. In the long-term, Covestro plans to be climate-neutral in terms of scope 3 emissions by 2050.

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