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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.

Apollo Tyres Ltd, in partnership with the Telangana Government, has announced the launch of a Digital Innovation Centre in Hyderabad. An MoU in this regard was signed by Shri Jayesh Ranjan, IAS, Principal Secretary for IT and Industries & Commerce, Govt of Telangana and Neeraj Kanwar, Vice Chairman and MD, Apollo Tyres Ltd, in the presence of Shri K T Rama Rao, Hon’ble Minister for IT, Industries and MA&UD, and Dr E Vishnu Vardhan Reddy, Special Secretary, Investment Promotions and External Relations, Govt of Telangana. The MoU signing and exchange took place after a meeting between the two parties during the ongoing World Economic Forum at Davos. This is the second Digital Innovation Centre for Apollo Tyres, with the first one being in London.

Emerson announced that it submitted a proposal to the Board of Directors of National Instruments to acquire NI for $53 per share in cash at an implied enterprise value of $7.6 billion.

Cambodia netted $531.864 million from the export of rubber latex and wood in 2022, down 12.85 per cent over 2021, according to the Ministry of Agriculture, Forestry and Fishery’s General Directorate of Rubber (GDR).

Nokian Tyres will create 75 new jobs at its Dayton, Tennessee factory in 2023, as the company aims to double tire capacity at the award-winning facility. The company celebrated the start of the capacity expansion, which also includes an on-site storage warehouse, at an event on Wednesday with state, local and company officials.

Michael Richard Beck III, 47, devoted husband, father and uncle, passed away December 24, 2022 at University Hospitals Seidman Cancer Center in Cleveland after a courageous battle with an extended illness.

Nokian Tyres plc and Qingdao Sentury Tire Co., Ltd. have signed a contract manufacturing agreement. According to the agreement, Qingdao Sentury Tire starts to manufacture selected Nokian Tyres’ passenger car tires for the Central European market. Tires manufactured at the partner’s production facility are designed by Nokian Tyres and have been tested in Nokian Tyres’ testing facilities to meet the company’s high requirements for safety and quality. Tires will be sold under the Nokian Tyres brand.