HB Chemical, a Ravago Company announced the acquisition of J. Drasner & Co., Inc, a leading supplier of batch inclusion packaging and specialty additives for the Rubber and Plastics industries. This is an expansion of a long-standing relationship between the two companies that began in 1998.
Read MoreHB Chemical, a Ravago Company announced the acquisition of J. Drasner & Co., Inc, a leading supplier of batch inclusion packaging and specialty additives for the Rubber and Plastics industries. This is an expansion of a long-standing relationship between the two companies that began in 1998.
Read MoreBridgestone Americas and Bridgestone Canada announced they will increase prices up to 10% on non-winter Bridgestone, Firestone, and Fuzion passenger and light truck replacement tires sold in the U.S. and Canada. The new pricing will take effect April 1, 2022 with adjustments at the article and pattern level.
Read MoreEmily Weaver, director of communications for Bridgestone Americas, said in a statement Monday that company officials are investigating an “information security incident.” She said Bridgestone managers disconnected computers at many Latin American and North American factories, though she did not say which locations the company thinks were hacked
Read MoreBridgestone Corporation announced the launch of a joint research and development program with the National Institute of Advanced Industrial Science and Technology (AIST), Tohoku University, ENEOS Corporation and JGC HOLDINGS CORPORATION. This program is aimed at developing chemical recycling technologies that utilize used tires to achieve high-yield production of isoprene, a raw material for synthetic rubber. By combining the expertise and technologies of industry leading companies and academic institutions, Bridgestone is working to develop innovative recycling technologies that will contribute to the realization of a more sustainable society and to conduct demonstrations for the social implementation of these technologies by 2030
Read MoreThe global market for Automotive Tire Molds estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2026, growing at a CAGR of 3.7% over the analysis period according to Global Industry Analysts, Inc. Segmented Molds, one of the segments analyzed in the report, is projected to grow at a 5.1% CAGR to reach US$1.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Two-Piece Molds segment is readjusted to a revised 0.7% CAGR for the next 7-year period. This segment currently accounts for a 34.5% share of the global Automotive Tire Molds market. Segmented molds are used for forming designs of tires for commercial vehicles with greater functionality. They are witnessing increasing adoption on account of their reduced complexity and easy working in comparison to two-piece molds. For long, the standard mold used for manufacturing automotive tires was the two-piece or the shell mold. Mold back in the two-piece mold is made of either forged aluminum or steel.
Read MoreThe International Rubber Study Group Secretariat announced the election of Dr K.N. Raghavan, Executive Director, Rubber Board of India as the new Chairperson of the IRSG Heads of Delegation. Dr Raghavan has been elected unanimously by the IRSG Member Governments’ representatives and will stay in the position for two terms (2022-2024).
Read MoreAs part of its 70th anniversary celebration, Hercules® Tires, a subsidiary of American Tire Distributors (ATD), today announced a revitalization of its two core brands – Hercules Tires and Ironman Tires. The revitalization efforts encompass three main areas across the company: brand identity, brand positioning and product innovation
Read MoreLEGO Group announced that it will significantly expand and upgrade its global headquarters in Billund, Denmark towards 2025. Construction will begin in 2023.
The investments include the creation of “Kornmarken Campus”, which will connect the existing LEGO® factory with a new 46,000m2 building. Combined, this will become the 100,000m2 Kornmarken Campus on the outskirts of the town of Billund. Investments will also be made in the construction of a new office building in the centre of Billund which will become an “Innovation Campus” providing a dedicated space for product innovation and product technology development. The expansions come on top of the investment in the 54,000m2 LEGO Campus building, which will be inaugurated later this year.
Read MoreCelanese Corporation announced the signing of a definitive agreement to acquire a majority1 of the Mobility & Materials (“M&M”) business of DuPont for $11.0 billion in cash. Celanese will acquire a broad portfolio of engineered thermoplastics and elastomers, industry-renowned brands and intellectual property, global production assets, and a world-class organization.
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