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To reinforce its global commitment to sustainable development, especially its targets for eliminating plastic waste and combating climate change, Braskem S.A. announces that it has developed a next-generation technology for addressing plastic waste. The process, which uses a proprietary catalyst and incorporates efficient heat management, reduces the need for external energy sources. This results in a significant reduction in CO2e emissions compared to the traditional advanced recycling technologies.

Solvay announces its plans to reduce scope 3 greenhouse gas emissions by -24% by 2030. This builds on the 2030 targets set out in its sustainability roadmap, Solvay One Planet and represents the next stage in the Group’s ongoing journey to reach net zero emissions. Committing to the scope 3 emissions target requires reducing indirect GHG emissions in the value chains. These emissions are associated with activities occurring outside of Solvay’s walls, primarily at suppliers’ and customers’ sites, when the consumer uses the product or at the end-of-life of the product.

Freudenberg Performance Materials (Freudenberg) is endorsing further particularly sustainable products with its ECO-CHECK label introduced last year. These products comply with various environmental criteria. With immediate effect, five more solutions bear the label making the company’s commitment to sustainability visible.

Titan International, Inc. (Titan) has big things in store for the Farm Progress Show August 30 through September 1 in Boone, Iowa. Titan will be bringing back the FFA tire auction where new tires are auctioned off and 100 percent of the proceeds go to the Iowa FFA. Popular YouTube influencer and Titan Brand Ambassador Cole the Cornstar will be back for meet-and-greet opportunities. Two more big additions at the Titan booth will be Welker Farms’ Big Bud and the reigning world’s largest farm tire for the fifth year in a row: the LSW1400/30R46.

William Mars, PhD, Founder and President of Endurica, LLC, is the recipient of the 2022 Harold Herzlich Distinguished Technology Achievement Award. He will be recognized during a special event on Wednesday, Sept. 14, at the International Tire Exhibition & Conference (ITEC) 2022, the largest tire manufacturing exhibition and conference in the U.S., which is being held Sept. 13-15 at the John S. Knight Center in Akron, Ohio.

Bridgestone Corporation (Bridgestone) announced that its DURAVIS R207A tires have been selected as original equipment on the all-new Hino Dutro Z EV released in Japan by Hino Motors Ltd. (Hino) on June 28, 2022. Contributing to the growth of electric vehicles through development of tires optimized to fit for them, the Bridgestone Group strives to achieve its commitment for “Energy: Committed to the realization of a carbon neutral mobility society” stated in the “Bridgestone E8 commitment.”

Huntsman Corporation y announced the start of commercial operation of a new methylene diphenyl diisocyanate (MDI) splitter at its Geismar site in Louisiana. The $180 million splitter gives Huntsman the ability to produce more high value, differentiated grades from the crude MDI manufactured at the plant, thereby enabling growth in key customer applications.

LyondellBasell Industries announced net income for the second quarter 2022 of $1.6 billion, or $4.98 per share. The company recognized a $69 million non-cash impairment charge during the quarter related to the exit from our Australian polypropylene business that impacted earnings by $0.21 per share. Second quarter 2022 EBITDA was $2.4 billion, or $2.5 billion excluding LCM and impairment. Second quarter 2022 EBITDA was further impacted by a $94 million non-cash pension settlement charge.

Malaysia’s natural rubber (NR) production decreased by 6.3% to 21,073 tons in May 2022 compared with 22,498 tons in April, said the Department of Statistics Malaysia (DoSM).

DuPont announced it has committed to setting science-based targets to reduce greenhouse gas (GHG) emissions in line with the Science Based Targets initiative (SBTi), a partnership between CDP, the UN Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). As part of its commitment, DuPont plans to work closely with SBTi to determine GHG emissions reduction targets for Scope 1 and 2 emissions aligned with the Paris agreement which sets the goal of limiting global warming to 1.5°C. In addition, DuPont will also work with SBTi to develop its Scope 3 GHG emissions target.