ENGEL acquires long-standing partner Roegele
Warwick, UK – Injection molding machine manufacturer ENGEL is continuing to advance its internationalization strategy and, as of 1 April
Read MoreWarwick, UK – Injection molding machine manufacturer ENGEL is continuing to advance its internationalization strategy and, as of 1 April
Read MoreSinger Industrial has announced the acquisition of Wilmington Rubber & Gasket Co., Inc., a North Carolina-based distributor of industrial rubber products. The move marks another step in Singer’s strategic expansion across the Southeastern United States, bringing its total number of North Carolina locations to five.
Read MoreJapanese chemical manufacturer Denka Co., Ltd. has announced the indefinite suspension of operations at its Denka Performance Elastomer LLC (DPE) facility in LaPlace, Louisiana, marking a significant retreat from U.S. chloroprene rubber (CR) production. The decision follows a series of escalating challenges, including stringent environmental regulations, rising operational costs, and labor shortages.
Read MoreBangkok, Thailand – The latest issue of Rubber Review is now available online. In this issue we have a conversation
Read MoreJ.M. Huber Corporation announced the acquisition of The R.J. Marshall Company’s Alumina Trihydrate (ATH), Antimony-Free Flame Retardant, and Molybdate-Based Smoke Suppressant assets. This acquisition will be incorporated into the Huber Advanced Materials (HAM) strategic business unit of Huber Engineered Materials—an operating company of J.M. Huber Corporation. These assets will enhance HAM’s product portfolio and strengthen its position as a leader in the North American market of flame retardant and smoke suppressant technologies.
Read MoreIn fiscal year 2024, Freudenberg had sales of €11,947.5 million, up 0.4 percent compared to the previous year (€11,902.8 million). Exchange-rate effects of €76.9 million, however, had a negative impact on sales. They were mainly shaped by the exchange-rate trend for the Japanese yen and the Brazilian real.
Showing a growth rate of about 4.7 percent, the operating profit of €1,132.4 million was significantly greater than the €1,081.6 million from the previous year. The key success factors have been the company’s innovative product lines as well as its structured expansion into attractive markets and strategic business fields such as medical technology and the energy economy.
Read MoreGoodyear’s first quarter 2025 net sales were $4.3 billion, with tire unit volumes totaling 38.5 million. Goodyear net income was $115 million (40 cents per share) compared to a Goodyear net loss of $57 million (20 cents per share) a year ago. The first quarter of 2025 included several significant items including, on a pre-tax basis, an estimated gain on the sale of the Off-the-Road (OTR) tire business of $260 million, rationalization charges of $81 million and Goodyear Forward costs of $7 million.
Read MoreIn the first quarter of 2025, Continental achieved consolidated sales of €9.7 billion (Q1 2024: €9.8 billion, -0.8 percent). Its adjusted operating result increased to €639 million, corresponding to an adjusted EBIT margin of 6.6 percent. Without the application of IFRS 5, the adjusted operating result would have been €586 million (Q1 2024: €201 million) and the adjusted EBIT margin would have been 6.0 percent (Q1 2024: 2.1 percent). Due to the planned spin-off of the Automotive group sector, the accounting standard IFRS 5 (Non-current Assets Held for Sale and Discontinued Operations) has been applied as required. Consequently, since the Supervisory Board approved the spin-off on March 12, 2025, depreciation on those parts of the business earmarked for spin-off has no longer been taken into account.
Read MoreAkron, OH & Bangkok, Thailand – TechnoBiz and Rubber World Magazine are excited to announce their new joint venture: the
Read MoreA single $20 tool could be your farm’s secret weapon for cutting fuel costs, reducing tire wear and field performance. That was the standout message at Firestone Ag’s Farm Fuel Savings Clinic. Spending a little time with a tire gauge to maintain proper inflation helps minimize slip and improve fuel efficiency–up to 4%. Across acres and hours, that adds up.
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