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Wacker Chemie AG plans to further expand its silicone specialties business and is reorganizing its production operations in Europe. A new production site for silicones is to be built in Karlovy Vary in the Czech Republic. The main drivers of this expansion measure are megatrends such as electromobility and renewable energies which require silicones from WACKER. Production is expected to start at the end of 2025. In the first step of the project, the Group would create up to 200 jobs. The investment volume is in the low triple-digit million euro range.

he Goodyear Tire & Rubber Company, a leader in connected mobility, and Gatik (Gatik AI, Inc.), the leader in autonomous middle mile B2B logistics, announced the expansion of the industry’s first, successful integration of tire intelligence technology into an autonomous driving system.

The Association for Rubber Products Manufactures (ARPM) recently welcomed four new Board Members: Cedric Glasper the President of Mechanical Rubber, Jeffrey Leach the President / Chairman of Passaic Rubber Company, Caitlin Steele the Senior Director of Global Marketing and Communications at Gates, and John Stone the Technical Sales Manager of The Rubber Group.

The Rubber Division, ACS offers a Rubber Technology Training Award for an individual already in the rubber industry seeking additional education and opportunities for advancement. The organization also has three $5,000 undergraduate scholarships available for students who wish to pursue a degree in rubber technology, polymer science or the chemical profession.

Myers will acquire Signature for a total consideration of approximately $350 million, subject to customary adjustments. The transaction is expected to close in the first quarter of 2024 and to be neutral to slightly dilutive to US GAAP EPS in 2024, but then deliver EPS accretion of $0.20-$0.30 in 2025, $0.40 – $0.50 in 2026 and additional meaningful EPS accretion beyond 2026. Annualized run-rate operational and cost synergies of $8 million are expected to be fully captured by 2025.

The Rubber Division, ACS would like to remind you that the January 12th deadline for the Call for Abstracts – for the Spring Technical Meeting
being held April 30 – May 2, 2024, at the Hilton Polaris in Columbus, OH is fast approaching.

Elkem celebrates its 120 years anniversary, having grown from being an industrial start-up in 1904 into a position in 2024 as one of the world’s leading providers of advanced silicon-based materials – critical enablers for the digital and green transitions.

The two new available grades of Cesa Withstand for TPU film can meet the specific anti-bacterial and anti-mold protection needs of medical beds, transparent tent components, and ice bags. Other applications that can be further developed include portable energy storage, protective equipment, outdoor apparel, and air sleeping pads. They are currently manufactured in Asia and are commercially available globally.

Trelleborg has, through its business area Trelleborg Sealing Solutions, signed an agreement to acquire MNE Group, consisting of the companies Materials Nano Engineering and Materials Nano Solution. The transaction is expected to be completed in the first quarter of 2024.

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.