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The Board of Directors of The French Oil Mill Machinery Company, a renowned equipment manufacturing company, is pleased to announce the election of Tayte French Lutz as Vice Chair and Chief Executive Officer (CEO) during their meeting held on September 21, 2023. Tayte French Lutz, who previously served as Vice President of the company, will now lead the organization as its CEO, succeeding her father, Daniel P. French. Dan French maintains his role as Chairman of the Board.

Wacker Chemie AG is expanding its specialty silicone manufacturing capacities in China. A kick-off event today at the Zhangjiagang site in Jiangsu Province marks the start of construction of several new production lines, where the globally operating chemical group will manufacture functional silicone fluids, silicone emulsions and silicone elastomer gels. Investments of some €150 million have been earmarked for the expansion project. The project has already received all necessary permits from local authorities. The new facilities are scheduled to come on stream in the second half of 2025.

The proposed plan will change the Company’s operating model to a third-party distribution and retail sales model instead of a company-owned approach. The proposed plan will lead to a reduction of approximately 700 positions, the exit of nine warehouse locations, and the sale or exit of approximately 100 retail and fleet store locations

M. Holland Company announced that Interfacial Consultants LLC, a leading material science-based products and services company, is acquiring M. Holland’s 3D Printing group. Interfacial is a NAGASE Group company providing advanced materials and manufacturing process solutions. The acquisition leverages M. Holland’s expertise in industrial markets with Interfacial’s advanced additive manufacturing technology.

The new Freeport MDI facility, which replaces Dow’s North America capacity in La Porte, Texas, will supply an additional 30% of product to Dow’s customers. In coordination with the start-up of the new MDI facility, Dow shut down its polyurethane assets at the La Porte site.

In celebration of National Truck Driver Appreciation Week and the 40th year of the Goodyear Highway Hero Award, The Goodyear Tire & Rubber Company announced the call for entries for the 2023 Highway Hero Award. Since 1983 Goodyear has been recognizing commercial truck drivers who go above and beyond their regular duties to keep our highways safe.

Evonik is one step closer to its goal of closing the material cycle in the polyurethane industry: The company has joined forces with the REMONDIS Group, one of the world’s leading recycling companies to secure the supply of end-of-life mattress foams. The cooperation will support Evonik as it develops its chemical recycling process to the next level.

Scandinavian Enviro Systems and Siemens has signed a MOU, memorandum of understanding, regarding a collaboration in support of the European expansion plan that Enviro announced earlier this year together with Antin Infrastructure Partners. Through the collaboration, Enviro gets access to Siemens’ extensive experience in automation and digitalization for efficient industrial production.