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Hankook Tire will invest approximately EUR 540 million in the project with target completion by 2027. The expansion will create about 450 new jobs. The Rácalmás plant is estimated to produce 2,380 units of TBR products daily, with a total annual estimate of 800,000 units upon completion. The Hankook Tire currently has eight production sites around the world with global capacity total of about 102 million tires per year.

Brenntag announced the agreement to acquire Solventis Group, a glycols and solvents distribution company operating from Antwerp, Belgium, and from the UK.

On December 20th, the notice administrator in the South Carolina aqueous film-forming foam multi-district litigation (“AFFF MDL”) requested an extension until January 3, 2024, to file with the United States District Court for the District of South Carolina the list of public water systems that have opted out of the settlement class.

Under the terms of the agreement, the Companies have until December 22nd to exercise their walk-away rights based on the number of opt outs from the class. The Companies have sufficient insight into this process to determine that they remain in favor of the settlement and do not intend to exercise that right.

The Tire Industry Project (TIP) has published an expanded report on the sustainability performance of its members, showcasing achievements including a 10% reduction in absolute CO2 emissions, a 31% increase in renewable electricity consumption, and a 90% rate of adoption of responsible sourcing policies.

Rubber World Magazine wishes everyone a Merry Christmas and a prosperous New Year.

Bridgestone will return to Las Vegas for the Consumer Electronics Show (CES) on January 9-12, 2024, to showcase industry-leading products and mobility solutions for the commercial segment that are shaping the future of transportation. Bridgestone will present how its end-to-end customer experience, comprised of a suite of solutions, is driving sustainability, efficiency, safety and productivity for fleets large and small. In addition, the company will join strategic partners Kodiak, Penske, and Truckers Against Trafficking (TAT) for discussions surrounding challenges and opportunities that impact both fleets and society at-large that will also be live-streamed for those not in attendance.

Bridgestone Retail Operations (Bridgestone), a subsidiary of Bridgestone Americas, surprised youth from 12 Boys & Girls Clubs located across the country this holiday season by donating new passenger vans that will give more kids and teens access to high-impact, out-of-school programming. The donations are a part of Bridgestone’s Driving Great Futures initiative, which has raised over $20 million to connect kids and teens with Boys & Girls Clubs of America programs and resources nationwide since 2015

The Rubber Division, ACS announces the following webinars and training courses for January 2024.

January 16 – Webinar: Utilizing Lab Equipment for Efficient Development & Problem Solving
January 17 – Course: An Introduction to Continuous Vulcanization
January 18 – Webinar: How to Create & Deliver Scientific Presentations
January 24 – Webinar: Strength & Endurance in Rubber
January 30 – Course: Introduction to Compounding, Mixing & Testing

Bridgestone announced it has marked its most successful year of integration of Bridgestone Fleet Care tire monitoring services in the U.S., surpassing 200 million annual tire pressure readings in 2023. This marks the company’s highest annual total of tire pressure readings to date across its truck & bus radial (TBR) and off-the-road (OTR) businesses.