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Cabot Corporation has achieved a platinum rating from EcoVadis, the highest recognition available, for the fourth consecutive year. The platinum rating recognizes Cabot’s environmental, social and governance (ESG) efforts and places Cabot among the top 1% of companies assessed by EcoVadis. This recognition reflects the quality of the company’s sustainability management system as well as demonstrates its commitment to promoting transparency throughout its value chain.

Zochem has awarded Palmer Holland its Distributor of the Year Award for 2024. Palmer Holland has been a Zochem distribution partner for many years and has earned this award, based on their responsiveness and customer service. This is the second win Palmer Holland.

Bridgestone Corporation (Bridgestone) was recognized by General Motors (GM) as one of its top global suppliers of 2023. The company was awarded this distinction during the GM 32nd Annual Supplier of the Year event. Performance, innovation, cultural alignment with GM’s values, and having a commitment to achieving GM’s ambitious goals are what earned Bridgestone this honor. Bridgestone was one of 86 companies out of GM’s network of more than 20,000 suppliers to achieve this award, marking Bridgestone’s ninth consecutive and 22nd overall recognition from GM.

Dow announced the mechanical completion of its new VORATRON™ Polyurethanes Systems adhesive and gap filler production line at its Polyurethanes Systems House in Ahlen, Germany. Dow will increase capacity of its VORATRON™ Polyurethane Systems product family tenfold -ensuring it can meet increasing demand for these materials in battery assembly solutions for the e-mobility segment.

Lubrizol Engineered Polymers announces the expansion of its bio-based thermoplastic polyurethane (TPU) portfolio for adhesives with the addition of Pearlbond™ ECO 590 HMS TPU for hot melt adhesives (HMAs).

This high-performing resin from a renewable source can be applied by adhesive formulators or designers in furniture, edge banding, electronics, hot melt film, textile lamination, seam tape, footwear, and transportation.

The Yokohama Rubber Co., Ltd., announced that it is participating as a collaborating organization in a Japan Ministry of the Environment (MoE) project using advanced technology for evaluating and verifying sustainable procurement of natural capital from the ASEAN region (hereafter, “the Project”), which is being implemented as one of the Japan government’s Cabinet Office programs for “Bridging the gap between R&d and the IDeal society (society 5.0) and Generating Economic and social value (BRIDGE).” The Project was selected for funding by the Environmental Restoration and Conservation Agency of Japan (ERCA), an independent administrative institution, under its program for overseas surveys and compliance with international rules targeting the procurement of recycled resources such as metals and natural resources in foreign countries.

The Board of Directors of Apollo Tyres Ltd approved the company’s audited financial results for the fourth quarter (Jan to Mar) and the financial year 2023 – 24. The Board recommended a dividend payout of Rs 6.00 per equity share (600%), on face value of Re 1 each for FY24, subject to the approval of the shareholders at the forthcoming Annual General Meeting.