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Freudenberg Sealing Technologies has made significant technological improvements to its seals for central tire inflation systems (CTIS) used by construction and agricultural machinery. These seals automatically adjust the tire pressure of off-highway vehicles to varying ground conditions and vehicle loads. Simply by pressing a button, drivers can now save time, reduce CO2 emissions and simultaneously extend the service life of their tires.

Elkem has been awarded Platinum rating on sustainability transparency from EcoVadis, one of the world’s largest and most trusted providers of business sustainability ratings. This positions Elkem among the top 1% of the companies evaluated worldwide. In 2023, Elkem completed the world’s first pilot for carbon capture at a silicon smelter in Rana, Norway, with capture rates up to 95%. Elkem also recently received public support for their Sicalo-project, Silicon production with carbon looping, which may eliminate all carbon emissions from their silicon production, if realised.
The Platinum rating for 2024 is an upgrade from Elkem’s Gold rating in 2023.

Bridgestone Americas (Bridgestone) announced the debut of its first ENLITEN™ Technology all-terrain tire, the all-new
Bridgestone Dueler A/T Ascent. Specifically engineered for high rim diameter vehicles, Bridgestone’s latest all-terrain tire delivers excellent on-road refinement combined with excellent wet, winter and off-road traction. It also maximizes wear performance to improve sustainability over the life of the tire.

Firestone Ag, a division of Bridgestone Americas (Bridgestone), introduces the high-performing Destination Cart radial tire, providing a heavy-duty grain cart tire designed to support soil health and fluctuating cart weights.

“Specifically designed with soil health in mind, Destination Cart features a shallow skid depth and wide lug spacing that creates a flotation effect across the soil,” said Bill Durivage, senior agricultural product strategy manager, Firestone Ag. “The wide footprint minimizes soil compaction, and the shallower, wider-spaced lugs create less soil disturbance as the grain cart carries heavy loads during harvest season.”

Mr. M. Vasanthagesan IRS, Executive Director of the Rubber Board, launched the digital directory of rubber chemicals, machinery manufacturers and suppliers in India. The directory, prepared by the Marketing Division of the Rubber Board, is a pioneering initiative in the Indian rubber industry. It contains details of the manufacturers and suppliers of rubber chemicals and machinery used by the rubber industries, as well as information about the synthetic and reclaimed rubber producers in the country.

For the quarter ended June 30, 2024 Apollo Tyres Ltd, on a consolidated basis, reported a revenue of Rs 6335 crores. Indian Operations reported a steady growth in revenue, while European Operations performed well under challenging conditions and in traditionally, one of their seasonally lower quarters.

Continental ended the second quarter of 2024 in line with its expectations. As announced, the company significantly increased earnings in all three group sectors compared with the first quarter of this year. The technology company also posted much stronger earnings year-on-year. In the Automotive group sector, price adjustments and initial savings from cost-cutting measures had a particularly positive effect. The Tires group sector achieved good results thanks mainly to the strong tire-replacement business, especially in Europe. In a weak industrial market environment, ContiTech also benefited from price adjustments and strict cost discipline. Furthermore, Continental has adjusted its outlook due in large part to lower expected production of passenger cars and light commercial vehicles.

Gates Corp. has announced it will be closing its Newton facility in November, laying off 41 workers. This after the Company also announced that its Board of Directors has authorized a share repurchase program of up to $250 million of the Company’s ordinary shares. This authorization is valid through December 2025. This authorization replaces the existing authorization that was set to expire in October 2024.

Chemical Concepts announced the appointment of Andrew Morris as the company’s new Chief Executive Officer, effective August 1, 2024.

In his new role, Andrew will guide the company into a new era of national expansion, focusing on innovation, geographic growth, and operational excellence. His energy, passion, and visionary leadership will play a vital role in the company’s strategic growth and development.

PolyQuest welcomed Andy Fredericks, Brian Goldberg, John Sarrao, and James Nelson – all distinguished industry experts poised to further elevate PolyQuest’s industry standing.