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Dow announced targeted actions to deliver $1 billion in cost savings. The proactive actions will further reduce the Company’s costs in response to ongoing macroeconomic uncertainty, while reinforcing its long-term competitiveness across the economic cycle.

Specifically, Dow expects to achieve the majority of the $1 billion in cost savings on an annual run-rate through:
$500 million to $700 million reduction in direct costs, primarily focused on purchased services and third-party contract labor; and
Decreased labor costs, including through a workforce reduction of approximately 1,500 Dow roles globally.

Akron, OH – The New Editions of Rubber World’s Blue Book and Red Books are in stock for 2025! Get

Yokohama Tire announced it’s been named the Official Tire of Mustang Cup, a new six-round race series sanctioned by USAC. The series debuts April 11-13 at NOLA Motorsports Park in Avondale, LA. Each 500hp+ Ford Performance-engineered Mustang Dark Horse R will boast Yokohama’s ADVAN® A005 slicks or A006 wet racing tires, ensuring top performance for the one-make series.

Plast 2026: The International Exhibition for the Plastics and Rubber Industry Returns from 9 to 12 June 2026

With a net exhibition area of 50,000 square meters and 38,000 visitors, the latest edition of PLAST, held in 2023, reaffirmed its status as a highly successful event. The exhibition hosted its dedicated satellite shows: Rubber (rubber industry), 3D Plast (3D printing and related technologies), PlastMat (innovative materials), along with a wide array of cutting-edge technological solutions.

The Rubber Division, ACS offers a Rubber Technology Training Award for an individual already in the rubber industry seeking additional education and opportunities for advancement. The deadline for applying is March 1, 2025.

Goodyear Tire & Rubber Co. has announced plans to cut 850 jobs at its Danville, Virginia plant by the end of the year. The decision, confirmed by city officials, comes as part of the company’s strategy to refocus the plant on mixing and the aviation sector to enhance its competitiveness.

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.

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.