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European non-automotive rubber transmission belt market forecast at $1.6 billion

Europe non-automotive rubber transmission belts market size was valued at USD 1,257.27 million in 2023. The market is anticipated to grow from USD 1,272.23 million in 2024 to USD 1,685.83 million by 2032, exhibiting the CAGR of 3.6% during the forecast period according to Polaris Market Research.

The Europe non-automotive rubber transmission belts market is growing due to industrialization and Europe’s rising need for manufactured goods. The market is expanding due to automation trends and technological advancements such smart functions and increased energy efficiency to fulfil the need for material handling processes efficiently across a range of sectors is propelling the European market’s notable expansion and development. Moreover, Europe is considered as trade hub for export for various countries having full connectivity is fueling the growth of this market.

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Lubrizol expands TPU-focused partnership in Europe to North America with IMCD

Lubrizol has an extensive range of medical grade TPU solutions and differentiated design, development, and manufacturing services for medical devices. IMCD is a leading partner for the distribution and formulation of specialty chemicals and ingredients. The company has developed expertise in medical-grade polymers and established an extensive presence in the medical and healthcare market, combining partnerships with leading suppliers and a wide customer base.

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Forkardt Hardinge acquires ATS Systems, expands capabilities in machine tool accessories

Forkardt Hardinge announced the acquisition of ATS Systems. This strategic acquisition strengthens Forkardt Hardinge’s position in the machine tool industry while expanding its capabilities to deliver comprehensive solutions designed to support all major industrial sectors. ATS Systems is a nationally recognized supplier of machine tool accessories including workholding, coolant management systems, bar feeders and more. This acquisition marks the first for Forkardt Hardinge since partnering with Centre Lane Partners in September of 2024.

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2025 AMAP Annual Conference & Workshop registration is open

This event is a great opportunity to increase your industry knowledge, network with other industry personnel, learn from industry experts during this workshop, and stay up to date on modified asphalt technologies. The theme for this year’s conference is Distilling Innovation: Refining the Future of Asphalt Modification, and AMAP is excited to include speakers who will cover this topic at length.   You also don’t want to miss out on the one-day intensive workshop that will include comprehensive lessons on a variety of industry topics.

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Renault’s new R5 runs on tires from Continental

The new Renault 5 E-Tech Electric runs on EcoContact 6 Q summer tires from Continental from the factory on. In the 18-inch size, the tire manufacturer equips the all-electric new edition of the cult classic. The energy-saving premium tires bear the Renault-specific sidewall designation “R”. Continental has designed the EcoContact 6 Q tire for particularly energy-saving and low-noise driving. Electric vehicles such as the Renault 5 E-Tech Electric benefit from this in particular.

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Kraiburg TPEs are durable and pet-safe

KRAIBURG TPE’s compounds are designed with safety in mind. They are free from potentially harmful substances such as heavy metals, latex, PVC, and phthalates—making them a safe choice for pet toys.
These materials are also highly durable, with strong resistance to tearing, abrasion, chemicals, and repeated bending, enabling long-lasting use.

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2025 IMDA awards spotlight innovation in in-mold decorating and labeling

The In-Mold Decorating Association (IMDA) has officially opened submissions for the 2025 IMDA Awards Competition, celebrating the most innovative and technically advanced applications in in-mold labeling (IML), in-mold decorating (IMD), and in-mold electronics (IME). The annual competition recognizes excellence in design, engineering, and execution across a global field of entries.

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Teknor Apex announces Bikes for a Brighter Future initiative

Teknor Apex is launching its Bikes for a Brighter Future initiative. Through partnerships with the Boys & Girls Clubs of America, United Way, and local charitable organizations in Asia and Europe, the company will donate and distribute bicycles and bike helmets to children in the community. This new, and soon-to-be annual program, underscores the company’s commitment to community service by providing impactful opportunities while honoring retired CEO (and current Chairman of the Board) Jonathan Fain’s love of cycling.

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