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Apollo Tyres submits request to close tire plant in the Netherland

The board of Apollo Tyres NL BV has submitted a Request for Advice to the Works Council regarding the intended decision to discontinue tire production and related activities at the plant in Enschede, The Netherlands, by the summer of 2026. All staff were informed accordingly in a town hall meeting.

This intended decision comes after thorough investigation and careful consideration, driven by the continued increase in costs for Apollo Tyres NL (ATNL) due to macroeconomic disruptions, steep increases in energy and labor costs, and a decline in demand for Spacemaster and Agri tires.

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Covestro chemist named emerging leader in manufacturing

Covestro LLC announced that Michelle Montgomery, a Senior Chemist at the company’s Pittsburgh campus, has been named a 2025 Women MAKE Emerging Leader by The Manufacturing Institute.

The Women MAKE Awards honor 130 women at all levels of manufacturing who have demonstrated leadership and excellence in their careers and represent the future of the manufacturing industry. The Emerging Leader category specifically highlights women under the age of 30 who have achieved significant accomplishments at the beginning of their careers.

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Continental AG names Rolad Welzbacher as CFO

The Supervisory Board of Continental AG appointed Roland Welzbacher to the Executive Board effective August 1, 2025. Welzbacher will succeed Olaf Schick, who requested the early termination of his contract in December 2024. The Supervisory Board of Continental AG agreed to this at its meeting on December 18, 2024. Following a joint transition period, Welzbacher will take over the role of CFO from Schick on October 1, 2025. The exact allocation and structure of Olaf Schick’s Executive Board functions (Finance as well as Integrity and Law) will be announced at a later date. Welzbacher will continue to manage the Finance and Controlling function in the Tires group sector at the same time, which he has headed since 2023. After the ContiTech group sector becomes independent as planned, Welzbacher will continue his Executive Board role at Continental AG, which will then be focused on tires.

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CNRS researchers develop new method for silicone recycling

A study conducted by the Centre de RMN à très haut champs at Lyon (CNRS) researchers describes a new method of recycling silicone waste (caulk, sealants, gels, adhesives, cosmetics, etc.). It has the potential to significantly reduce the sector’s environmental impacts. This is the first universal recycling process that brings any type of used silicone material back to an earlier state in its life cycle where each molecule has only one silicon atom. And there is no need for the raw materials currently used to design new silicones. Moreover, since it is chemical and not mechanical recycling, the reuse of the material can be carried out infinitely.

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Market ReportsNewsrss5

Roofing chemicals market forecast at $117 million by 2023

The Roofing Chemicals Market is projected to reach USD 117.60 million by 2032, driven by a robust compound annual growth rate (CAGR) of 8% during the forecast period according to Future Market Insights. This significant growth is attributed to increasing construction activities, rising demand for durable and weather-resistant roofing solutions, and heightened focus on energy efficiency in residential and commercial buildings. Advancements in chemical formulations that enhance the longevity and performance of roofing materials are also playing a pivotal role in market expansion.

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