News

Hankook Tire & Technology announced its financial results for 2024. The company reported global consolidated sales of KRW 9.4119 trillion and an operating profit of KRW 1.7622 trillion based on the global consolidated financial results for 2024. This represents a 5.3% increase in sales and a 32.7% rise in operating profit year-over-year.

This year Falken secured two prizes at AutoZum: First place in the truck sector and third place in the car sector went to the Japanese company. Günther Riepl, Senior Sales Director Austria, Swiss & Eastern Europe at Falken, accepted the coveted prizes from James Tennant, Chairman of VRÖ, Hermann Hladky, Treasurer of VDÖ, and Peter Wondraschek, Deputy Chairman of VRÖ, and stand out against against well-known competitors.

– Giti Tire returns in 2025 as the official race tires for the FRMEC and F4ME, providing teams with the most advanced competition tires developed to deliver top performance, with excellent road grip and stability.

Ford Motor Company is returning to the top tier of prototype sports car racing in the FIA World Endurance Championship (FIA WEC) in 2027 looking to recapture the magic and success of Ford racing nearly 60 years ago.

Ford Performance will lead the charge with a full factory team entering FIA WEC with the aim of once more taking on the sport’s most demanding race – the 24 Hours of Le Mans.

Guill Tool has hired a new sales representative firm. Located in Roswell, Georgia, JCM Plastics Machinery is a plastics and rubber manufacturing equipment representative, covering the Southeastern U.S. territory.

The OTR business provides specialized tires for the mining & construction industries among others. The two companies’ agreement on the transaction was announced on July 22, 2024. Yokohama Rubber plans to include the acquired business in its consolidated results from the first quarter of 2025 and is currently examining the addition’s estimated impact on consolidated earnings.

The Rubber Division, ACS announces that Dr. Amit Das will speaking at the Spring Technical Meeting. Amit Das is a senior scientist at the Leibniz Institute for Polymer Research Dresden e. V. (IPF) and is also visiting professor at the Tampere University of Technology (TUT), Finland. He is an expert in the field of bio-inspired elastomer composites, smart-healing elastomers and electro active smart rubbers. Dr. Das was the 2016 recipient of the Sparks-Thomas Award for early career researchers and serves as associate editor of the Rubber Chemistry & Technology journal.

The agreement with Warsaw, Poland-based Contec further enables Orion to diversify its sources of tire pyrolysis oil, commonly known as TPO.
“With the ConPyro® TPO supplied by Contec, Orion will be able to make large-scale volumes of circular grades of carbon black that will supply growing demand from the world’s leading tire and rubber goods producers,” Orion CEO Corning Painter said. “This is yet another way that Orion is accelerating the transition to a circular economy.”

TPE materials, which have long been used in food contact, but also in many other areas such as consumer goods, medicine, pharmaceuticals, and a number of other industries, are once again of great importance here because they are “naturally” free of plasticizers and therefore also BPA-free. TPEs are food-compliant and, thanks to their processing technology, conserve resources and save energy. TPE materials in food contact have been in use for almost 50 years. One of the pioneers is Actega.