News

Lianda Corporation recently added rubber cure accelerator DOTG (Di-ortho-tolyl guanidine) to its specialty chemical lineup.

A Lianda customer reached out for help due to unavailability of DOTG. The Lianda source team was able to utilize its sourcing network and quickly identified a reliable source for DOTG. Emergency shipments are being arranged to help the customer maintain production.

The Commercial Managing Director of Klöckner DESMA Elastomertechnik GmbH, Mr. Siegfried Köhler, has left the company at his own request as of 15.04.2024. Salzgitter AG had appointed Mr. Köhler as Managing Director for Service and Sales until 1.10.2023. Due to unexpected private circumstances, Mr. Siegfried Köhler feels compelled to cease his activities as Managing Director of DESMA Elastomertechnik with immediate effect.
Dr. Michael Zaun, Managing Director of DESMA since September 2022, will take over Mr. Köhler’s business responsibilities on an interim basis until a successor is appointed.

The ENGEL Group concluded the fiscal year with a slight decline in turnover of approx. -6% compared to the previous year. “The volume in the injection molding machine market has fallen by up to -40% according to various association figures. ENGEL has succeeded in gaining shares in a shrinking market – a trend consistent with observations from previous economic contractions,” comments Stefan Engleder, CEO of the ENGEL Group, on the turnover of around 1.6 billion EUR. The Business Units Medical and Packaging made a significant contribution to this development. Demand for the production of diabetes therapy products remains high, especially in the American region, while the packaging industry is experiencing a boom in Europe due to new regulations. The after-sales business also manifested positive growth, with a surge of almost +15% compared to the previous year.

Following Elkem’s annual general meeting on 18 April 2024, the board has decided to elect Bo Li as the new Chair. Bo Li is also Chair of the board of China National Bluestar (Bluestar), Elkem’s majority shareholder, and a subsidiary of Sinochem.

Yokohama Rubber Co., Ltd. held a groundbreaking event on April 15 for its new consumer/light truck tire plant at the Alianza Industrial Park in Saltillo, Coahuila, Mexico. The event was well attended by a crowd of state and local officials, as well as management from Yokohama companies, including YRC Chairman and CEO Masataka Yamishi; Yokohama Corporation North America (YCNA) CEO Shinichi Takimoto; and Yokohama Tire Corporation (YTC) President and CEO Jeff Barna.

Ansell announced it has entered into a binding agreement to acquire 100% of the assets that constitute Kimberly-Clark’s Personal Protective Equipment business (KCPPE) for US$640 million.

The Acquisition is expected to complete by September 2024, subject to satisfaction of antitrust approval and other customary closing conditions.

Colombo, Sri Lanka – In line with constant efforts to uplift and empower stakeholders within the natural rubber industry in

As President of Mack Molding’s Northern Division, Pang will be responsible for the Company’s four Vermont facilities, as well as Mack Prototype, a prototyping and low-volume manufacturing facility in Massachusetts, and Synectic Product Development, an engineering services group in Connecticut. Mack Molding is part of Mack Group, which includes global provider of complex electronic manufacturing services, Mack Technologies, and is led by President and CEO Will Kendall. Pang will be reporting to Kendall, along with Mack Molding Southern Division President Bryan Campbell.

Michelin received the “Global Living Wage Employer” certification at the beginning of 2024 from the NGO Fair Wage Network, a globally recognized NGO, attesting that all of the Group’s employees receive remuneration at least equivalent to the “living wage”.

This “living wage” or decent salary is defined as the remuneration allowing each employee to provide for the essential needs of their family (food, housing, transport, education of children, health costs, etc.) but also to constitute precautionary savings and to acquire consumer goods. Fair Wage Network takes into account the fixed elements of remuneration enjoyed by an employee. In most cases, the “living wage” references provided by Fair Wage Network are above the legal minimum wage.