News

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RPM announces a dividend of $0.46 per share

RPM’s last cash dividend increase of 10% in October 2023 marked RPM’s 50th consecutive year of increased cash dividends paid to its stockholders, which places RPM in an elite category of less than half of 1 percent of all publicly traded U.S. companies. Only 41 other U.S. companies, besides RPM, have consecutively paid an increasing annual dividend for a longer period of time, according to Dividend Radar. During this timeframe, the company has returned approximately $3.4 billion in cash dividends to its stockholders.

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Market ReportsNewsrss5

Indian Rubber Board reports growing demand for imported rubber

According to the study, India consumes more rubber than it produces. The country consumed 1,238,000 tons of natural rubber in 2021/22, an increase from 1,096,410 tons consumed in 2020/21, and 1,350,000 tons in 2022/23.

India has been importing natural rubber from various countries to meet the market demand. India imported 528,677 tons of natural rubber in 2023 alone. Statistics show that 546,369 tons in 2022, 410,478 tons in 2021 and 457,223 tons of natural rubber were imported in 2020.

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Newsrss1Testing & Instruments

ACE Laboratories completes installation of its new wiper blade testing system

ACE Laboratories has announced another new testing capability. This latest addition provides the ability to test and analyze windshield wiper blades and wipe systems.
The custom engineered testing system allows ACE to include energy consumption analysis as part of the testing protocol in addition to traditional durability analysis. ACE’s testing system also allows for customization to nearly all windshield types with angle and pressure controls to ensure testing is completed according to OEM specifications.

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Orion S.A. breaks ground on battery materials plant in Texas

Orion S.A. on Tuesday broke ground on a plant in Texas that will be the only facility in the U.S. producing acetylene-based conductive additives for lithium-ion batteries and other applications vital for the global shift to electrification.
The site in the city of La Porte, southeast of Houston, will create many high-skilled jobs – both in construction and technical fields – and bring innovative technology to the American economy. The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.

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RDAbbott will supply Dow LSRs to four injection molding cells at NPE 2024

RDAbbott will supply Dow liquid silicone rubber (LSR) to four liquid injection molding (LIM) cells at NPE 2024, the plastics industry’s largest event. Two of these cells will also use pigments from NovationSi, RDAbbott’s manufacturing subsidiary. RDAbbott, an authorized distributor of Dow silicones in Mexico and the United States, provides top-notch technical service and support to supplier partners like Dow and collaborates with manufacturers of injection molding machines (IMMs), molds, and dosing systems.

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Continental and Brabus bring long-time partnership to Asia-Pacific region

Continental and Brabus have successfully subjected the new MaxContact MC7 sports tire to an exceptional endurance test. On the legendary supercar Brabus 750 Bodo Buschmann Edition “1 of 25”, the tire, which was specially developed for the Asia-Pacific region (APAC), showed what it is capable of in terms of maximum control and steering precision with a torque of up to 900 Nm. The test took place on the Contidrom circuit, the tire manufacturer’s legendary test track near Hanover. The tires fitted were size 275/35R21 on the front axle and 315/30R21 on the rear axle. The Brabus 750 special edition runs on SportContact 7 tires as original equipment. The premium tire manufacturer and the high-end tuner Brabus have been in a close partnership for more than a decade.

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