News

The company now expects fiscal year 2024 net revenue to be approximately $3.57 billion, adjusted diluted earnings per share to be approximately $3.84 and adjusted EBITDA to be approximately $594 million compared to previous guidance of adjusted EBITDA between $610 million and $620 million as communicated on September 25, 2024. Additionally, the company now expects cash flow from operations for the year to be approximately $300 million.

HEXPOL Americas announces the closure the production site in Kennedale, Texas by the end of Q2, 2025 and all business from Kennedale will be relocated to other North American facilities.
HEXPOL Americas has also divested the production site in Muscle Shoals, Alabama effective immediately, to the private investment firm Karo Ventures LLC.

Yokohama Tire Corporation (YTC) announced it has become a lifetime trustee of the University of the Aftermarket Foundation (UAF). YTC President and CEO Jeff Barna, who made the announcement, also has been named to the UAF board of trustees.

BFGoodrich Tires has signed on as the title sponsor of The Mint 400, “The Great American Off-Road Race,” for three more years. This partnership, which began in 2018 when BFGoodrich became the title sponsor of the Mint 400, extends their longstanding support of off-road racing and cements their position as a cornerstone of the sport.

As we usher in the New Year, we would like to extend our heartfelt gratitude for your continued trust and

LANXESS has achieved top positions in several sustainability ratings. In the Dow Jones Sustainability Index (DJSI) Europe, the specialty chemicals company ranked first in the “Chemicals” category with 79 out of 100 points. In the DJSI World, LANXESS achieved 4th place and scored particularly well in the areas of climate strategy, water, corporate ethics, human rights and product stewardship

Ansell has partnered with California Life Sciences, an advocacy organization in the US, to launch a new program designed to educate and inspire the scientific community to adopt more sustainable choices. “Scientists for Sustainability” aims to build a network of scientists focused on sustainable practices, with particular focus on reducing PPE waste that goes to landfill. The first event was held on Tuesday, 3 December, at the Birch Aquarium in San Diego, California, and included a private aquarium tour, networking opportunities, and an education fair about the impact of PPE and other plastic waste on ocean ecosystems.

The antitrust authorities in Germany, Austria and Poland have approved the acquisition of Heytex core business by Freudenberg Performance Materials Holding GmbH, the parent company of Mehler Texnologies. Heytex core business with three production locations (in Germany and China) and all headquarter-related functions will therefore become part of the newly-formed specialist for coated technical textiles.

Datwyler is launching a transformation program for the period 2025 to 2027 to accelerate revenue and profitability growth. The «ForwardNow» program with four clearly defined action areas is expected to result in one-time costs of approximately CHF 38 million in the current fiscal year 2024 and sustainable annual profit improvements of approximately CHF 24 million after the successful implementation of all measures.

RPM International Inc. announced that it will release its financial results for the fiscal 2025 second quarter before the stock market opens on Tuesday, January 7, 2025. The results will be issued via newswire and will also be available on the RPM website at www.RPMinc.com.