For the quarter ended June 30, 2023 Apollo Tyres Ltd, on a consolidated basis, reported a revenue of Rs 6245 crores. Company’s European Operations performed better than the market under a tough scenario, while in India the focus remained on higher margin products and markets.
Read MoreThe United Steelworkers (USW) announced that members voted to ratify a four-year first contract covering about 325 workers at Kumho Tire.
“The membership at Kumho Tire fought for years to win the rights and benefits of a fair union contract,” said USW International President Tom Conway. “Thanks to their solidarity and the hard work of our bargaining committee, they achieved that goal.”
Ford Motor Company has resumed production of the F-150 Lightning following a six-week shutdown to expand and retool the Rouge Electric Vehicle Center plant to triple manufacturing capacity of the award-winning electric truck.
Read MoreIn appliances used for water purification and carbonated water, the valve of a carbon dioxide cartridge and the pressure-reducing valve on the device itself must be joined with a secure seal. Now, Freudenberg Sealing Technologies has developed a patented, high-performance polyurethane seal for a customer that has a specific geometry that not only accommodates different valve dimensions on the various gas cartridges, but also offers high impermeability under long-lasting pressure.
Read MoreCooper Standard announced the appointment of MaryAnn Peterson Kanary to senior vice president, chief legal officer and secretary effective August 7, 2023. Based at Cooper Standard’s headquarters in Northville, Mich., Kanary will lead the legal and compliance functions for the Company and report directly to Jeffrey Edwards, chairman and CEO, Cooper Standard. She replaces Joanna Totsky who recently left the Company.
Read MoreAshland has launched iSolve™ pharma, a pharmaceutical customer portal where customers can easily access robust information about the company’s pharmaceutical offerings and other important related business material such as our most recent innovations, literature, product, and regulatory data sheets and more.
Read MoreWith the completion of the sale to Semperit, Thomas Aichberger took over the CEO position of the RICO Group. The graduated engineer can look back on around two decades of experience in global production companies and their supply chains. He most recently spent five years as the Manager of Semperit’s purchasing department and before that held engineering and management positions at the automotive supplier Nemak and the mining group Sandvik.
Read Moreooper-Standard Holdings Inc. announced it has completed the sale of its Technical Rubber business to Switzerland-based Holcim. Based in Mannheim, Germany, Cooper Standard Technical Rubber (CSTR) offers versatile sheeting, compounding and flooring solutions. The sale was finalized on July 31, 2023. Terms of the sale were not disclosed
Read MoreBridgestone Americas introduced the new Greatec M703 Ecopia ultra-wide base tire for long-haul and regional applications. Engineered for superior efficiency, the new Greatec M703 Ecopia replaces the Greatec M835A Ecopia, providing fleets with improved projected mileage, fuel savings, enhanced traction and outstanding retreadability.
Read MoreThe research team of China’s Xi’an Jiaotong University used the reversible thermochrome deformation ability of liquid crystal elastomers, combined with the excellent mechanical properties of continuous fiber materials, to propose a direct-writing 4D printing method based on continuous fiber-reinforced liquid crystal elastomers. The continuous fibers embedded in the liquid crystal elastomer composite material played a role in significantly enhancing the mechanical properties and realizing the effect of bending deformation.
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