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Toyo Tire Corporation announces major change in Chinese subsidiary

RubberWorld 267 Views

In a significant strategic move, Toyo Tire Corporation has announced the partial transfer of equity interests in its Chinese subsidiary, Toyo Tire Zhangjiagang Co., Ltd. (TTZ), to Liaoning Hengdasheng Investment Co., Ltd. (LHI). This decision, disclosed on February 14, 2025, involves transferring 86% of Toyo Tire’s equity in TTZ, a tire manufacturing subsidiary based in Zhangjiagang City, Jiangsu Province. The transfer aims to enhance TTZ’s operational support and market presence in China and other Asian countries.

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Dow announces global layoffs eliminating 1500 jobs

RubberWorld 202 Views

Dow announced targeted actions to deliver $1 billion in cost savings. The proactive actions will further reduce the Company’s costs in response to ongoing macroeconomic uncertainty, while reinforcing its long-term competitiveness across the economic cycle.

Specifically, Dow expects to achieve the majority of the $1 billion in cost savings on an annual run-rate through:
$500 million to $700 million reduction in direct costs, primarily focused on purchased services and third-party contract labor; and
Decreased labor costs, including through a workforce reduction of approximately 1,500 Dow roles globally.

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Goodyear blimp celebrates its 100th anniversary

RubberWorld 186 Views

Goodyear’s Eagle racing tires will feature an historic image of Goodyear’s first branded blimp, “Pilgrim,” which took flight in 1925, as well as a banner calling out the 100-year milestone. With its traditional throwback theme, the Goodyear 400 race serves as an ideal moment during this year’s NASCAR season to reflect on the Goodyear Blimp’s 100-year history. Additionally, Darlington Raceway, home of the Goodyear 400, is also celebrating its 75th anniversary in 2025.

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Continental develops a synthetic rubber to reduce hydrogen ion leakage

RubberWorld 223 Views

Continental has developed a line for cooling in the hydrogen powertrain of commercial vehicles, which considerably reduces the penetration of ions into the media circuit. The synthetic rubber line has a mixture of materials whose special properties make them less susceptible to the leaching of ions from the line material. This reduces the transfer of ions into the cooling circuit of hydrogen drive systems. The material experts from the group sector ContiTech have solved one of today’s greatest challenges in the industrialization of this still least common alternative form of drive system. The product innovation increases the service life of vehicle components in hydrogen drive systems.

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Plast 2026 returns June 2026 in Milan, Italy

RubberWorld 197 Views

Plast 2026: The International Exhibition for the Plastics and Rubber Industry Returns from 9 to 12 June 2026

With a net exhibition area of 50,000 square meters and 38,000 visitors, the latest edition of PLAST, held in 2023, reaffirmed its status as a highly successful event. The exhibition hosted its dedicated satellite shows: Rubber (rubber industry), 3D Plast (3D printing and related technologies), PlastMat (innovative materials), along with a wide array of cutting-edge technological solutions.

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