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Firestone reveals the all-new long-lasting Transforce HT3 and CV2 tires

Bridgestone announced the debut of Firestone’s latest tires featuring the ENLITEN™ Technology, the all-new Transforce HT3 and CV2. Engineered specifically for hardworking commercial highway vehicles, Firestone’s latest fleet tires are designed to deliver wet-weather performance, low-speed refinement, confident high-speed handling and exceptional wear life. Both Transforce HT3 and CV2 maximize wear performance to help improve sustainability over the life of the tire.

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Schools unveiled for second Bridgestone HBCU Invitational

The PGA TOUR and Bridgestone Americas unveiled the field for the second Bridgestone HBCU Invitational, a 54-hole team and individual stroke play event at Laurel Springs Country Club in Suwanee, Georgia. The tournament, set for October 24 and 25, is an element of the Bridgestone Collegiate Development Program, part of the PGA TOUR’s Pathway to Progression, which aims to achieve greater diversity in golf through increased focus on developing talent from diverse and historically underrepresented groups.

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Covestro agrees to public take over by ADNOC Group for €62 per share

Covestro AG signed an Investment Agreement with certain entities of the ADNOC Group, including ADNOC International Limited (“ADNOC International”) and its subsidiary, ADNOC International Germany Holding AG. The agreement stipulates, among other items, that the Bidder will make a public takeover offer for all outstanding shares of Covestro at a price of €62.00 per share. In addition, ADNOC International is committing itself to fully supporting the Company’s “Sustainable Future” strategy. At the same time, the Board of Management and the Supervisory Board of Covestro decided today that upon completion of the transaction, the Company’s share capital shall be increased by 10% (18.900.000 shares) and that, at and subject to closing, the new shares shall be issued to the Bidder against payment of a price per share equal to the offer price, thus, based on an offer price of €62.00 against a total amount of €1.17 billion, under simplified exclusion of subscription rights.

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Continental named among worlds most sustainable companies

Continental has been recognized by US magazine Time and the global data and business intelligence platform Statista as one of the 500 most sustainable companies in the world for 2024. This assessment is based on a special methodology developed by Time and Statista. They evaluated a total of 5,000 companies based on their sustainability strategy and reporting, as well as more than 20 key indicators, including emissions intensity, energy consumption and share of renewable energies. Continental achieved a rating of 61.39 out of a possible 100 points, placing it 265th in the ranking. In the category of the automotive industry, the company is one of the top 10 companies. A total of three tire manufacturers are among the world’s 500 most sustainable companies. Continental is ranked second place.

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The Rubber Division announces upcoming learning opportunities

The Rubber Division, ACS announces the following learning opportunities.

October 3 – Course: Dynamic Viscoelastic Properties
October 9 – Webinar: Fundamentals of Machine Vision for the Inspection of Rubber Seals
October 10 – Course: Rubber Extrusion Technology
October 21-25 – Endurica Workshop: Characterizing Elastomer Fatigue Behavior for Analysis and Engineering
November 13 – Course: Processing & Testing of Rubber
November 14 – Webinar: The Value of Mentorship
November 19-22 – Endurica Workshop: Application of Rubber Fatigue Analysis with Endurica Software
December 10 – Webinar: Gear Pump Technology in Rubber Application

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Market ReportsNewsrss1

Italian rubber machinery manufacturers report 20-point drop in orders for first half of 2024

According to analyses by the Mecs Study Centre of the trade association Amaplast, after positive consolidated year-end results for both imports and exports in 2023, imports were consistently lower in the early months of 2024 with respect to the same period a year earlier, with drops entering into the double digits in the second quarter. This is a symptom of lower propensity to invest within a context of contraction in the economy generally and in the industrial sector specifically. The period closed with a drop of 12 percentage points to a value of 483 million euros, with imports noticeably declining from all three main source countries: Germany, China, Austria.

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TARDISS grants $26 million for alternative rubber research

Researchers from Texas Tech University’s Davis College of Agricultural Sciences & Natural Resources have joined with three other institutions as part of a National Science Foundation (NSF) Engineering Research Center (ERC).

The NSF ERC for Transformation of American Rubber through Domestic Innovation for Supply Security (TARDISS), led by Ohio State University, has been granted $26 million in federal funding. The aim of TARDISS is to bridge engineering, biology and agricultural fields to revolutionize and explore alternative natural rubber production from domestically grown crops.

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Continental to build first fully owned tire distribution center in the U.S.

Continental invests into its first fully owned tire distribution center in the U.S., in the Dallas-Fort-Worth-Metroplex. With the new facility, Continental Tires the Americas is improving both service levels and customer support even further. Designed with future expansion in mind, the distribution center is planned to feature modern technologies and align with the companies’ long-term sustainability goals. Construction of the new distribution center will commence in September 2024. It will have a capacity to store more than 800,000 tires. Operations are scheduled to start in 2026. The facility will initially span 753,000 square feet, with the potential to expand to 1,255,000 square feet. The location was selected based on a comprehensive network study by Continental that identified the Dallas-Fort-Worth area as a key distribution hub for the premium tire manufacturer. To this day, Continental serves the U.S. market through seven distribution centers.

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Fraunhofer IWM explores the impact of a potential PFAS ban with Freudenberg experts

The family of per- and polyfluoroalkyl substances (PFAS) is facing intense scrutiny. A reporting rule will take effect in the United States in 2026, while Europe has actually been considering a sweeping, cross-industry ban on these substances since early last year. The implications of such a ban on fluoropolymers would be particularly critical, as a discontinuation of these high-performance materials would drastically impact many industries. But what kinds of challenges would emerge in the search for adequate substitutes? This was the focus of a recent study by the Fraunhofer Institute for Mechanics of Materials (IWM) in cooperation with materials experts from the Freudenberg Group.

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