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R.E. Carroll Inc., announced the acquisition of RHD Polymer and Chemical LLC, effective February 1, 2023.

Synthos will restart production of butadiene rubber at its plant in Schkopau, Germany, in March 2023. Recommissioning activities started in the first half of 2022 in direct response to challenging market conditions for butadiene rubber and to meet unmet demand, particularly in the tire industry.

For the first time ever, ARPM is offering a two-facility plant tour at Chem-Trend and Freudenberg-NOK Sealing Technologies on February 28, 2023. Both member organizations are headquartered in the greater-Detroit area and are going to open their doors so attendees can learn about their operations and sustainability practices

The Goodyear Tire & Rubber Company announced layoffs for 5 percent global staff or about 500 positions citing cost savings in response to a challenging industry environment and cost pressure driven by inflation.
Global replacement tire industry demand remained weak in the fourth quarter, led by a 12% decline in EMEA. When coupled with the impacts of inflation — including significant increases in energy costs — the Company expects its EMEA business unit to report a fourth quarter segment operating loss of approximately $80 million. EMEA had reported positive segment operating income since the second quarter of 2020.

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. In addition, local Rubber Groups and industry companies recognize and support the need for financial assistance in obtaining a college degree

Hankook Tire & Technology has developed ‘Damaged Parts Restoration 3D Printing Technology’ through research collaboration with Korea Atomic Energy Research Institute and HM3DP, a 3D printing startup.

Dow (NYSE: DOW) has been recognized with five 2023 BIG Innovation Awards presented by the Business Intelligence Group™. This sets a record number of BIG Innovation Awards in a single year for the Company and marks the seventh consecutive year Dow has received this honor from the organization.

Wacker Chemie AG set new sales and earnings records in 2022. According to preliminary figures, the Munich-based chemical Group’s sales came in at €8.21 billion last year, an increase of 32 percent over 2021 (€6.21 billion). Higher selling prices were the main factor in this year-over-year growth. Sales also benefited from positive exchange-rate effects due to the stronger US dollar. On the other hand, overall volumes were down somewhat versus the previous year, dampening sales.

Quanex Acquires LMI Custom Mixing Assets, Broadens Polymer Solutions Capabilities LMI, a leader in custom polymer compounding, will complement Quanex’s polymer expertise while expanding key capabilities for new and existing customers.

Bridgestone Americas announced it has been chosen as the sole and exclusive tire partner for the new Lamborghini Huracán Sterrato, providing all-terrain and winter fitments for the world’s first all-terrain, super sports car equipped with a V10 engine and all-wheel drive powertrain.