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Nexen Tire expands global footprint with new hubs in Europe, Latin America, and the Middle East

This expansion is a strategic move to strengthen competitiveness in markets with growing tire demand. With about 85% of its sales overseas, NEXEN TIRE has focused on key regions such as Europe and the United States. Building on this foundation, the company expanded capacity at its second plant in Žatec, Czech Republic, to reinforce stable supply to core markets while creating room for new growth. To further capitalize on this momentum, NEXEN TIRE is establishing localized operations tailored to regional distribution and customer needs, improving both efficiency and engagement.

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The Global Polymer Summit expo floor opens tomorrow in Cleveland

Opening GPS on Tuesday will be Keynote Address speaker Michael Recchio, President & CEO, Zeon Chemicals, L.P. being held at 9:00 AM in Ballroom C, Ballroom Level in the Huntington Convention Center. In his keynote, Mr. Recchio will discuss Risk and Decision Making in the Rubber Industry, where he will explore the critical balance between risk and reward in industrial decision-making. His keynote will offer a practical framework for evaluating risk using data-driven strategies, including a retrospective look at investment, human resources, and safety decisions through the lens of a risk matrix.

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Continental invests in new recycling technology to recover raw materials from waste rubber

With the acquisition of an exclusive patent family and the commissioning of a newly developed pilot facility for the production of purified pyrolysis oil, Continental is harnessing the industrial potential of pyrolysis technology for the first time and laying the foundation for recycling complex rubber compounds on an industrial scale. The technological solution employed by the group sector ContiTech is designed to recover high-quality raw materials from waste rubber and systematically replace fossil resources.

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Nexen Tire introduces cutting-edge high dynamic driving simulator to accelerate tire development

NEXEN TIRE announced that it has established a state-of-the-art High Dynamic Driving Simulator at its central research institute, THE NEXEN UniverCity, in Magok, Seoul, and held an opening ceremony to mark its official launch. This is the first time a High Dynamic Driving Simulator has been introduced in the Korean tire industry and represents a key turning point in advancing tire research and development with VR and AI technologies.

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Sumitomo Rubber Industries acquires U.S-based AI solutions company Viaduct

Sumitomo Rubber Industries, Ltd. has signed an acquisition agreement on August 27 with Viaduct, Inc. a U.S-based AI solutions startup, for a total of USD 104 million (approximately JPY 15.3 billion).

The two companies have collaborated on joint proof-of-concept projects, combining Sumitomo’s proprietary tire sensing technology, “SENSING CORE”, with Viaduct’s advanced AI capabilities to develop innovative services.

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Scientists pioneer low-temperature method to transform plastic waste into clean fuel

In a groundbreaking study published in Science, an international team of researchers has unveiled a novel low-temperature process that converts polyvinyl chloride (PVC) and polyolefin waste into chlorine-free liquid hydrocarbons and hydrogen chloride (HCl), offering a cleaner and more efficient alternative to traditional plastic disposal and recycling methods.

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