Global tire-derived fuels market forecast at $384.0 million by 2031

Tire derived fuels are fitting into a broader drive to improve environmental sustainability and address climate change. Several goals are seen as possible including renew ability, elimination of toxins, optimized design and manufacturing, recyclability and use of post-consumer content. Earlier scrap tires used to be dumped which used to pollute the land and consume lot of efforts for management. With the use of modern technologies to convert scrap tires into fuels has provided solution for more of the environment issues related to waste tires. Tire derived fuels are serving to important purposes such as providing an alternative option to companies such as cement, paper & pulp to use tire derived fuels to save fuel cost and to save environment issues related to waste tires.

Read more

Yokohama Tire returns as the official tire for Nitro Rallycross

Yokohama Tire has once again been named as the Official Tire Supplier for 2021 Nitro Rallycross (Nitro RX).  Returning after a one-year hiatus, the five-race, adrenaline-fueled series that features all-wheel-drive, 600-plus horsepower vehicles, standing starts and 100-foot-plus jumps, will feature the ADVAN® A054 tire from Yokohama. The action begins September 24 at Utah Motorsports Campus near Salt Lake City.Nitro RX utilizes innovative, purpose-built tracks that feature some of the world’s best drivers, like Yokohama-sponsored Travis Pastrana, battling for the top spot. Besides Utah, this year’s Nitro RX races will take place in Nevada, Minnesota, Arizona and Florida

Read more

Trinseo announces dividend of $0.32 per share

Trinseo announces a dividend of $0.32 per share, an increase of four times the amount of the most recent dividend. In December 2020, Trinseo announced a dividend reduction to enable rapid near-term deleveraging following the acquisition of the PMMA business. Taking into account the Company’s previously announced expectation of a net leverage ratio in the low-2x range by the end of this year, the Board approved today’s increase. The dividend will be a cash distribution payable on October 7, 2021, to shareholders of record as of the close of business on October 1, 2021.

Read more
Translate »