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Denka records extraordinary loss of ¥9,415 million due to suspension of Louisiana facility

Denka Company Limited announced that it will record an extraordinary loss of ¥9,415 million in its consolidated financial results for the first half of the fiscal year ending March 31, 2026. According to the company, the loss stems from the liquidation of business operations at its U.S. subsidiary, Denka Performance Elastomer LLC (DPE), which has decided not to restart production at its chloroprene rubber manufacturing facilities.

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Goodyear and the U.S. Marine Corps Reserve to host annual Toys for Tots

or the 15th consecutive year, Goodyear will host toy drives in partnership with the U.S. Marine Corps Reserve, at its Blimp bases in Ohio, Florida and California. These events offer a unique opportunity for the public to contribute to the Marines Toys for Tots Foundation while enjoying an up-close view of the iconic Goodyear Blimp.

From Dec. 5 to 7, Ohio residents can drive through the Wingfoot Lake Blimp hangar from 2 p.m. to 7 p.m. for an exclusive behind-the-scenes look before dropping off their donation to a U.S. Marine representing Toys for Tots.

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AkzoNobel and Axalta Coating System announce merger

Akzo Nobel N.V. and Axalta Coating Systems Ltd. announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a global coatings company with an enterprise value of approximately $25 billion.
Upon closing, the combined company will have a one-tier Board, led by Rakesh Sachdev, current Chair of the Axalta Board of Directors. Ben Noteboom, current Chairman of the AkzoNobel Supervisory Board, will serve as Vice-Chair. The Board will be composed of 11 directors – four from each company and three independent members. Of the 11 Board members, two will be executive directors and nine will be non-executive directors. Each company expects to hold its respective Extraordinary General Meeting of Shareholders tentatively in mid-2026.

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November 2025

The November 2025 issue of Rubber World Magazine is now available online. This issue emphasizes Natural Rubber & Latex.

Articles include:
A new natural rubber concept
Restoring the environment with ammonia-free natural rubber latex
The evolution of latex foam
Cure page aging sturdy

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Yokohama Rubber posts record sales for first three quarters

he Yokohama Rubber Co., Ltd., announced its business and financial results for the first three quarters (January to September) of fiscal 2025. Sales revenue increased 12.0% over the same period of the previous year, to ¥877.2 billion; business profit increased 20.8%, to ¥100.7 billion; operating profit increased 6.9%, to ¥91.7 billion; and profit attributable to owners of parent increased 8.7%, to ¥66.1 billion.

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Ford’s Jim Farley raises concern on shortage of skilled service-workers

Ford Motor Company CEO Jim Farley is sounding the alarm about a growing shortage of skilled auto technicians in the United States. Speaking recently on the Office Hours: Business Edition podcast, Farley said Ford currently has about 5,000 open service-technician positions, many of which can pay six-figure salaries. He described the situation as dire, noting that “as of this morning, we have 5,000 openings — a bay with a lift and tools and no one to work in it.” Farley added that while top technicians can earn around $120,000 a year, reaching that level requires years of training and experience.

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