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Last week Nokian Tyres announced that the company starts to expedite its plans to invest in new production capacity in Europe. Therefore, the Board of Directors changed the proposal to the Annual General Meeting regarding the dividend payment, cutting the total dividend payable to shareholders by EUR 106 million to fund the new capacity

Bridgestone Americas (Bridgestone) announced an exclusive partnership with Carbon Capture and Transformation (CCT) company, LanzaTech NZ, Inc. (LanzaTech) to address end-of-life tire waste. The two companies will co-develop the first dedicated end-of-life tire recycling process leveraging LanzaTech’s proprietary CCT technology, creating a pathway toward tire material circularity and the decarbonization of new tire production. 

-Shin-Etsu Chemical Co., Ltd. announced that it is going to increase the sales prices of all of its silicone products by ten percent globally effective May 2022.

AGC will introduce their newest polyether polyols with high molecular weight and various structures at the World Adhesive and Sealant Conference. These new grades enhance performance values of silane terminated hybrid polymer-based adhesives and sealants.

In a special fundraising action, VMI and its employees have collectively donated EUR 160,000 to “Giro 555”, which is the Dutch part of the global Emergency Appeals Alliance. The donation will be used to provide practical support to the Ukrainian people and those affected by the conflict.
The fundraising is part of the contribution that VMI has made globally to provide help to the refugees. Particularly, VMI Poland has actively been involved in giving food and shelter.

After discovering a groundbreaking way to create an elastic light-emitting polymer, Stanford chemical engineers have developed high-brightness, stretchy color displays

The Rubber Division, ACS Spring Technical Meeting event is only three weeks away and housing closes April 15th.

Milliken & Company is moving boldly to address anticipated market needs by expanding the facilities and capacity it acquired last March via its purchase of Germany’s Zebra-chem GmbH. Zebra-chem is a specialty compounder and chemicals company that makes additive and blowing agent concentrates for polyolefins, PVC and engineering thermoplastics.

key growth capital projects benefitting the mobility and transportation market. At Dow’s Jincheon site in South Korea, investments are being made to support the development of moldable optical silicone technologies for both automotive and industrial lighting applications. Additional investments are also planned this year for Dow’s operations in Midland, Songjiang and Zhangjiagang