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H.B. Fuller reports positive second quarter

H.B. Fuller Company reported financial results for its second quarter that ended June 1, 2024. Second Quarter 2024 Noteworthy Items: Net revenue was $917 million, up 2.1% year-on-year; organic revenue was flat year-on-year with volume up 3.3% and all three global business units achieving volume growth; Gross profit margin was 30.8%; adjusted gross profit margin was 31.1%, up 210 basis points year-on-year, driven principally by favorable net pricing and raw material cost impact, restructuring benefits and volume growth; Net income was $51 million; adjusted EBITDA was $157 million, up 10% year-on-year;

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Toyo Tires introduces the all-new Toyo M156 Urban and Regional all-position tire

Toyo Tire U.S.A. Corp. (Toyo Tires®) introduces the all-new Toyo® M156™ urban and regional all-position commercial tire. This SmartWay-pending tire delivers long, even wear and excellent fuel efficiency. Building upon its successful predecessor (the M154™), it features key advancements to maximize removal miles, fuel efficiency, retreadability, and casing durability for a high return on investment, while providing excellent performance and safety.

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Trelleborg Sealing Solutions announces the grand opening of hydrogen testing lab in Fort Wayne

Trelleborg Sealing Solutions announces the grand opening of its 1,000 square-feet hydrogen testing lab in Fort Wayne, Indiana. The lab space gives Trelleborg the capacity to expand its existing and future hydrogen testing capabilities. The development is part of Trelleborg’s strategic goal to be a leader in hydrogen sealing and testing to help customers navigate the challenges of the entire hydrogen value chain – generation, storage and transportation, end use and future hydrogen applications.

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Titan continues Flags Over Harvest campaign, raising $20,000 for Farm Rescue

Titan International Inc. (Titan) announces the continuation of its fourth annual Flags Over Harvest campaign. Titan will once again be giving away free American flags for farmers to proudly display on their equipment during the harvest season. For every flag requested, Titan will donate $5 to Farm Rescue, a nonprofit organization dedicated to assisting farmers who have faced major illnesses, injuries or natural disasters.

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Borealis names Stefan Doboczky CEO

Stefan Doboczky’s career started in 1992, culminating in executive board and CEO positions at listed chemicals companies internationally. He held a position on the OMV Supervisory Board since 2019, from which he stepped down due to his new role at Borealis. Stefan Doboczky holds a Ph.D. in Chemistry from the Technical University Vienna and an MBA from IMD Lausanne.

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Yokohama Tire partners with auto manufacturers to conquer Pikes Peak

Yokohama Tire and its auto manufacturing partners are ready to roll at the 102nd Broadmoor Pikes Peak International Hill Climb. The tiremaker has totally dominated the Pikes Peak field the last two years on ADVAN® tires: two overall championships, 20 podium finishes and nine division wins. This year Yokohama is joining forces with Honda/Acura in their two-car effort along with Hyundai in their return to the mountain. In total, Yokohama will field 14 drivers in multiple divisions during the iconic 12.42.-mile “Race to the Clouds,” which takes place June 23 in Colorado Springs, Colorado.

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