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Vanderbilt Chemicals announces exclusive distribution partnership with Prisma Colour

Vanderbilt Chemicals, LLC, a privately held manufacturer and distributor, announced an exclusive distribution partnership with Prisma Colour, Ltd to represent their line of rubber color masterbatches in the NAFTA region.

Formed in 1991, Prisma Colour is a global supplier of color and additive masterbatches with an annualized capacity in excess of 48,000T.  Vanderbilt Chemicals, LLC, founded in 1916, is a US producer of a variety of chemicals, and is combined with a strong distribution portfolio, for servicing the Rubber and Plastics Industry.

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Hexpol acquires 80 percent of the shares in Piedmont Resin Supply LLC

HEXPOL has signed an agreement to acquire 80 percent of the shares in Piedmont Resin Supply, LLC (Piedmont) from the founder Mr. Matt Griffith and Mr. Paul Daniel. Piedmont was founded in 2013 and has grown to become one of the largest independent nylon compounders in the US. The company is an industry leader in technical nylon compounds on the US market and services a variety of customers within automotive, transportation and the furniture industries. Piedmont operates a well invested manufacturing facility in Cartersville, GA with some 60 employees and further capacity to grow. The company has a turnover of some 60 MUSD and a profitability on a similar level to the HEXPOL Group.

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Zeppelin Systems expands production capacity with new facility in Italy

The new facility serves as a center of competence for three business lines, underlining the diverse portfolio of plant engineering expert Zeppelin Systems. Also, the investment in Italy is a commitment and statement of the Zeppelin Group, believing in the vast potential and future prospects of the Italian market. Customers from the rubber and tire sector will be supplied even better in future from the newly created competence center in Reggio Emilia and the new premises will also provide Italian customers from the food industry with a modern and innovative contact point where they can obtain advice from experienced experts. The new branch in Reggio Emilia also perfectly covers the polyolefin business sector with over 5,000 square meters of space.

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Yokohama Rubber publishes their “Integrated Report 2024”

To facilitate the stakeholders’ proper understanding of a comprehensive presentation of Yokohama Rubber’s management strategies and business activities, in 2022 Yokohama Rubber began publishing an integrated report that includes a well-organized presentation of such key financial information as management strategies and business performance as well as important non-financial information regarding the Company’s social, environmental, human resources, and corporate governance policies and activities. Referencing the International Integrated Reporting Framework advocated by the International Financial Reporting Standards (IFRS) Foundation and the Japan Ministry of Economy, Trade and Industry’s Guidance for Collaborative Value Creation, the report’s structure and contents place an emphasis on the perspectives of all Yokohama Rubber stakeholders.

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Bosch and Pirelli signed a development cooperation for intelligent tire technology

Pirelli and Bosch have signed a joint development agreement. It aims at jointly creating new software-based solutions and driving functions thanks to sensors integrated into tires, also known as in-tire sensors. For drivers, this means greater control, comfort, and sustainability, as well as improved driving dynamics. Bosch and Pirelli share the vision of working long term and have the intention to explore together enhanced tire signal computing logic as potential input for enhanced vehicle dynamic controllers.

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