Hankook Tire gains three awards at the 2022 Auto Express Product of the Year Awards

ed on May 26, 2022, the magazine highlights the outstanding properties of the Ventus S1 evo 3 which gained its first award win last year in the Auto Express Summer Tyre Test 2021 with a “well deserved first win” (Auto Express, September 1, 2021). The newly developed tire compound pays off especially well and provides a particularly good result in wet braking. In general, the testers verified “A great all-round performance” (September 1, 2021). This resulted in the magazine also awarding the Hankook Ventus S1 evo 3 the title of Summer Tyre Product of the Year 2022.

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Brenntag approves 1.45 EUR dividend

Brenntag held its General Shareholders’ Meeting on June 9, 2022. As in the previous two years, the meeting took place as a virtual event due to the ongoing constraints of the COVID-19 pandemic. Christian Kohlpaintner, Chief Executive Officer Brenntag SE, and Kristin Neumann, Chief Financial Officer Brenntag SE, presented the highlights of the financial year 2021 as well as for the first months of 2022, emphasizing the strong performance in the two most important key figures, operating gross profit, and operating EBITDA. The management also provided an overview of the comprehensive transformation program “Project Brenntag” and the progress achieved so far

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Global silicone textile softeners market forecast with a CAGR of .2 percent through 2027

Silicone textile softener is a kind of textile auxiliaries, which is sourced from silicone polymers. It can adsorb in the textile fiber surface and make it smooth to change hand feeling.The manufacturers are concentrated in China, USA, Europe and Japan, of which China is the largest production region. Dow Corning is the largest manufacturer in the global market, which production reached 3029 MT in 2015.

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Global silicone coatings market forecast at $11.8 billion by 2032

– Revenue from the global silicone coatings market currently stands at US$ 6.64 billion. Worldwide consumption of silicones coatings is projected to increase at a CAGR of 6% from 2022 to 2032, as per a new analysis by Fact.MR, a market research and competitive intelligence provider.
The silicone coatings market will be primarily driven by trends of industrialization and urbanization across the world. Rising construction activities, increasing use of silicone coatings in automotive manufacturing, and growing popularity of the features of silicone coatings are expected to favor market growth. However, high costs of production and increased availability of low-cost alternatives are anticipated to have a hindering effect on the demand growth of silicone coatings over the coming years.

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Evonik spends venture capital on sustainability funds

Essen, Germany – Evonik Venture Capital has invested in two sustainability funds: Azolla Ventures I and the Chrysalix Venture Capital’s Carbon Neutrality Fund. Both companies are looking into CO2 reduction technologies, with Azolla focused on North America and Chrysalix globally. This is Evonik’s venture capital arm’s first investment using the new €150 million Sustainability Tech Fund. All parties have agreed to not disclose the amount of the investment.

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Synthetic polyisoprene rubber market forecast with a CAGR of 6.3 percent through 2031

FMI analysts expect the synthetic polyisoprene rubber market to grow at a CAGR of 6.3% during the period, 2022-2031, driven by incorporation of innovative materials in medical gloves production to prevent the risk of latex allergy along with increasing demand for highly efficient adhesives in building & construction industry.

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Global re-dispersible latex powder market forecast with a CAGR of 4.47 percent through 2027

The Global “Re-dispersible Latex Powder (RDP) Market”projected to grow from CAGR of 4.47% during 2022-2027. Report on “Re-dispersible Latex Powder (RDP) Market” 2022-2027 Report helps to Development Strategy for Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, by regions, by consumers and also their price change details. As an in depth Analysis report, it covers all key attributes analysis and opinion for Re-dispersible Latex Powder (RDP) industry. The research provides strategically important competitor insights to formulate effective RandD strategies. Likewise, the report reviews key companies involved in Re-dispersible Latex Powder (RDP) and enlists all their major and minor projects

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