Market ReportsNewsrss1

Bio-based elastomers market forecast at $1.9 billion by 2033

The market for bio-based elastomers is anticipated to reach US$ 513 million in 2023 and US$ 1,901.8 million in 2033, respectively according to Future Market Insights. It is anticipated that the growth rate will be close to 14% from 2023 to 2033. The market is expected to grow as a result of the advantages that bio-based elastomers have over those made from crude oil in terms of emissions of volatile organic compounds. For significant crude oil-based elastomer producers, the development of bio-based elastomers is a top priority.

Read More

Liberian rubber plantation owners blacklisted by Swiss investment fund

The Swiss Association for Responsible Investments (SVVK), Switzerland’s largest public pension fund has placed Bollore, the parent company of Salala Rubber Corporations (SRC), on its blacklist, thanks to ‘Bread for All’, a Swiss-based development organization, and its Liberian counterparts, Green Advocates International (GAI) and the Alliance for Rural Democracy (ARD) for persistently representing the legal interests of poor communities affected by the multi-billion-dollar firm.

SRC has cultivated an area of over 4,400 hectares, amidst credible and consistent claims of sexual harassment, land grabs, unfair recruitment practices, forceful eviction of villages, and intimidation, arrest, and illegal detention of local community members and human rights campaigners.

Read More

Maserati relies on premium tires from Continental for its new luxury SUV Grecale

Maserati relies on Continental’s original equipment expertise for its Grecale model. The luxury SUV comes factory-equipped with tires from the CrossContact series. This has particularly been developed for good handling qualities on- and offroad. Continental has received worldwide original equipment approval for the CrossContact LX Sport in 19 inches and the CrossContact RX in 21 inches. Also approved for the Maserati Grecale is the EcoContact 6 in 20 inches. The tire is designed for energy-saving and noise-optimized driving, making it especially suitable for the hybrid version of the SUV.

Read More

American Chemistry Council announces the 2023 Polyurethane Innovation Award

The Center for the Polyurethanes Industry (CPI) of the American Chemistry Council (ACC) announced Wanhua Chemical (America) Co., Ltd’s WANNATE® 9131FC has won the 2023 Polyurethane Innovation Award. The Innovation Award is renowned throughout the polyurethane industry and recognizes companies and individuals whose visions and perseverance bring new life-enhancing products, technologies, and initiatives to the marketplace.

Read More

French Oil Mill Machinery Company board of directors elects Tayte French Lutz Vice Chair and CEO

The Board of Directors of The French Oil Mill Machinery Company, a renowned equipment manufacturing company, is pleased to announce the election of Tayte French Lutz as Vice Chair and Chief Executive Officer (CEO) during their meeting held on September 21, 2023. Tayte French Lutz, who previously served as Vice President of the company, will now lead the organization as its CEO, succeeding her father, Daniel P. French. Dan French maintains his role as Chairman of the Board.

Read More
Newsrss2Tire Technology & Manufacturing

New Pirelli logo identifies tires with at least 50 percent sustainable materials

The latest Pirelli marking was used for the first time on the P Zero E. This tire contains more than 55% of materials of bio-based and recycled origin* throughout the entire range at launch, as certified by Bureau Veritas: a world leader in verifying conformity and certification in quality, environment, health, safety, and social responsibility standards (ISO14021). Third-party verification of eco-compatible materials will continue to be standard across all future products that adopt the new logo.

Read More

Eriez names Daryl Leach as CFO and Treasurer

Eriez® announces the appointment of Daryl Leach as Chief Financial Officer (CFO) and Treasurer. According to Lukas Guenthardt, President and CEO, Leach brings a wealth of financial expertise and leadership experience to the Eriez corporate team.
Prior to joining Eriez, Leach played a pivotal role in driving financial excellence and strategic growth at Zeus Industrial Products in Lexington, South Carolina. His career has encompassed a variety of growth-oriented finance roles across diverse sectors, including consumer goods, medical devices, and industrial manufacturing, both in publicly traded and privately held companies.

Read More