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Solvay announced the jury for the fifth edition of its Science for the Future Solvay Prize

Solvay announced the jury for the fifth edition of its Science for the Future Solvay Prize, a €300,000 award given every two years to a scientist engaged in groundbreaking research that will shape tomorrow’s science and solve some of the world’s most pressing challenges. The Solvay Prize laureate will be announced on January 13 and the award ceremony will be live-streamed on March 29.

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Mitsui Chemical included in the Dow Jones Sustainability Indices

Mitsui Chemicals, Inc. announced that it has again been included in the Dow Jones Sustainability Indices (DJSI), a global benchmark for measuring environmental, social and governance (ESG) investments. Having first been added to the DJSI Asia Pacific in 2018, Mitsui Chemicals has now managed to maintain its listing here for a fourth consecutive year following the index’s annual review for 2021

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South Africa tire market forecast at $3 billion by 2028

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the South Africa tire market was worth USD 2.2 billion in 2021. The market is projected to grow at a CAGR of 4.8% during the forecast period (2022-2028), earning revenue of around USD 3.0 billion by the end of 2028. South Africa tire market is growing owing to the growing automotive industry, increasing demand for electric vehicles, and growing industrialization in the country. Moreover, the growing penetration of Chinese and cost-effective tires is also fueling the growth of the South Africa tire market.

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EFG sustainability 2.0: Scrap tires are not waste, they are wasted resources

EFG Polymers announces an initiative to redefine what constitutes end-of-life (EOL) for tires and what constitutes rubber waste. The materials incorporated in tires when removed from service retain almost all of the properties existing when the tires were manufactured, indeed it is the retention of these properties of indestructibility that create the resource recovery challenge. The current EOL processes almost universally destroy those valuable properties rather than recover the resources. EFG technologies engineer new elastomeric materials with high value applications and dramatically extend the life of the resources while eliminating waste.

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Arkema to acquire South African adhesive manufacturer Permoseal

Arkema announces the proposed acquisition of Permoseal in South Africa, one of the leaders in adhesive solutions for woodworking, packaging, construction and DIY. Its well-known brands, including Alcolin®, and its extensive range of high-performance adhesive solutions will complement Bostik’s offering in the region, strengthening their positions in South Africa’s and Sub-Saharan Africa’s dynamic industrial, construction and DIY markets.

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