The Mitchell Group announced the opening of a new manufacturing facility for its Sta-Kleen Silicone line in Niles, Illinois.
The new facility is near an electric power plant, and the facility’s primary energy source is the plant’s non-polluting steam. The facility recaptures and transforms the steam to power the entire manufacturing process, from inspection to packaging and shipping.
Read MoreIn response to the Section 232 and Reciprocal Tariffs, Sumitomo Rubber North America will increase prices on select products by up to 25% on Passenger & Light Truck, and up to 10% on Commercial Truck and Motorcycle products in the US and Canada. The price changes will take effect May 1st, 2025, pending further U.S. Government announcements.
Read MoreIn the rapidly growing electric vehicle market, improved battery performance with shorter charging times, maximum temperature resistance and a longer battery life are key factors for success. To meet these demands, OEMs in Europe and the United States need materials that also comply with stricter national and international environmental standards. One high-performance material for such applications comes from the elastomer material group. Freudenberg Sealing Technologies has successfully developed a material that outperforms thermoplastics in the event of thermal runaway and takes battery applications in e-mobility to an entirely new level.
Read MoreThe recent wave of tariffs imposed by the Trump administration is set to significantly impact the rubber and tire industry in the United States. Analysts predict that tire prices will rise substantially due to these tariffs, which target key exporting countries such as Thailand, Indonesia, Vietnam, and South Korea.
A record 63.4% of tires sold in the U.S. last year were imported. With tariffs ranging from 26% to 46% on tires from these countries, consumers can expect higher prices at the checkout. JPMorgan analysts have warned that the full effect of these price increases may not be felt immediately, as companies stocked up on tires before the tariffs were announced
Read MoreMitsubishi Chemical Corporation has decided to expand its production capacity for flame-retardant compounds based on polyolefins and thermoplastic elastomers, used for cable sheathing and other purposes, at Mitsubishi Chemical Performance Polymers (China) Co., Ltd. and MCPP France SAS.
This decision is driven by the significant increase in demand for flame-retardant compounds as cable sheathing materials across a wide range of industries, including mobility, telecommunications, construction, and gas.
Read MoreIn a significant move, Continental AG has announced that its ContiTech group sector will become an independent entity. This decision marks a pivotal step in Continental’s strategic realignment, aimed at creating three strong, independent companies focused on their respective industries.
ContiTech will operate independently as a material solutions specialist with a strong industrial focus. The exact form of the transaction and the timetable for independence will be determined in the next phase. Continental AG will shift its focus to becoming a global leader in the tire industry. This follows the planned spin-off of its Automotive group sector and the sale of the Original Equipment Solutions (OESL) business area.
Read MoreContinental supplied tires to 18 of the world’s 20 highest-volume manufacturers of fully electric vehicles. These include manufacturers such as BYD, Geely, Volkswagen, NIO, Mercedes-Benz and Renault. In each of the three regions, Europe, Middle East and Africa (EMEA), North, South and Central America (the Americas) and Asia-Pacific (APAC), the premium tire manufacturer supplies nine of the 10 highest-volume electric vehicle manufacturers with original equipment tires. According to the German Association of the Automotive Industry (VDA), every fifth car sold worldwide is already electrically powered.
Read MoreMyers Industries, Inc. announced on April 2, 2025, that Grant Fitz, the Company’s Executive Vice President and Chief Financial Officer, has submitted his resignation, effective May 2, 2025.
To help ensure a smooth transition, Mr. Fitz will remain in his current role until his departure date, working closely with Daniel Hoehn, Vice President and Corporate Controller. Mr. Hoehn will serve in an interim role until a permanent CFO is named. The company has already launched a formal search to identify candidates.
Read MoreThis ambitious project is part of a $320 million, four-year investment designed to enhance the plant’s capabilities to meet the growing demand for larger rim-diameter tires, which are higher-profit and higher-margin products. The expansion will focus on producing tires for electric and autonomous vehicles, aligning with Goodyear’s strategic goals to cater to emerging automotive technologies.
Read MoreThe Global Polymer Summit is the most valuable destination for attendees to expand their network, learn from experts and explore business opportunities. The merging of the International Elastomer Conference (IEC) and the International Tire Exposition & Conference (ITEC) into one creates an event where all the best companies and programming will be together in one location. It bridges the tire and rubber industries through comprehensive technical programming, engaging discussions and a dynamic all-in-one event.
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