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Trelleborg Group has, through its business area Trelleborg Sealing Solutions, signed an agreement to acquire the German-based company MG Silikon GmbH, an entity within Saint-Gobain Group. The company specializes in sealing solutions for aerospace and industrial applications. Closing of the transaction is subject to approvals from relevant authorities.

Uniroyal Tires has relaunched its commercial truck portfolio with the introduction of three tire offers for the U.S., along with a redesigned website to support the effort.

Hallstar, a specialty chemical company servicing both the industrial and beauty markets, has agreed to acquire LANXESS’ ester manufacturing facility in Greensboro, NC.

Apollo Tires has introduced specific tires for electric vehicles (EVs) for both, passenger vehicles and two-wheelers. Apollo Amperion range of tires for the PV segment, whereas Apollo WAV range for the two-wheelers, were launched for the Indian market.

The Tess Award is presented annually by the Division of Polymeric Materials: Science and Engineering in recognition of outstanding contributions to coatings science, engineering and technology. It is funded by a grant to the Division from Dr. and Mrs. Roy W. Tess. The purpose of the award is to encourage interest and progress in coatings science technology and engineering and to recognize significant contributions to the field.

The haulage industry is facing greater cost pressures than ever before. Highly efficient fleet management is therefore essential for logistics companies to be successful in an extremely competitive marketplace. Continental is introducing its upgraded ContiConnect tire management solution to serve its customers better with a comprehensive tire asset management offering. This system provides made-to-measure tools designed to make fleet management efficient, convenient, sustainable and future-focused. Continental will provide both a Standard package for tire pressure and temperature measurement and, at a later date, an Advanced version capable of capturing a range of additional data such as tread depth and tire condition.

BASF reported sales growth of 16.3 percent to €23.0 billion and EBIT before special items of €2.3 billion on the level of prior-year quarter along with net income of €2.1 billion up 26.3 percent over prior-year quarter. Cash flows from operating activities of €1.2 billion below prior-year quarter (Q2 2021: €2.5 billion).

Covestro broke ground on two new plants in Shanghai to meet the rising demand for polyurethane dispersions (PUDs) and elastomers. These new facilities, which represent a combined investment of a mid-double-digit million-euro amount, will be located within the Covestro Integrated Site Shanghai