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BASF announced that it will invest in additional production capacity for its X3D® technology, a new additive manufacturing technology for catalysts based on 3D printing. The plant will produce catalysts on an industrial scale and is expected to be operational in 2026.

Orion S.A. reported its financial results for the third quarter of 2024, highlighting net sales of $463.4 million, a slight decrease of $2.8 million year over year. The company faced a net loss of $20.2 million, significantly impacted by a $42.5 million loss due to misappropriation of assets. This resulted in a diluted loss per share of ($0.35), with the misappropriation contributing ($0.72) to this figure. However, Adjusted EBITDA increased by 4% to $80.1 million, while Adjusted Diluted EPS slightly decreased to $0.47.

For the first nine months of 2024, Orion’s net sales rose to $1,443.3 million, up $17.6 million year over year. Despite this, net income dropped to $27.0 million, again affected by the $42.5 million loss from asset misappropriation. Diluted EPS for this period was $0.46, down $1.19 year over year. Adjusted EBITDA for the nine months fell by 10% to $240.5 million, and Adjusted Diluted EPS decreased to $1.40.

Sri Lanka’s finished products rose by 9.64 percent year-on-year to US $ 758.91 million from January to September, thanks primarily to a 17.12 percent increase in exports of industrial and surgical rubber gloves and a 7.79 percent rise in pneumatic and retreated rubber tires and tubes.

Smithers, a leading provider of testing, consulting, information, and compliance services, announces that Alan Franc has joined the Smithers technical consulting team based in Akron, Ohio and will lead the team’s efforts to expand into additional markets and invest in enhanced capabilities.

Vanderbilt Chemicals, LLC, a privately held manufacturer and distributor, announced an exclusive distribution partnership with Prisma Colour, Ltd to represent their line of rubber color masterbatches in the NAFTA region.

Formed in 1991, Prisma Colour is a global supplier of color and additive masterbatches with an annualized capacity in excess of 48,000T.  Vanderbilt Chemicals, LLC, founded in 1916, is a US producer of a variety of chemicals, and is combined with a strong distribution portfolio, for servicing the Rubber and Plastics Industry.

Milliken & Company announced the launch of Milliken Assure™, North America’s first non-PFAS, non-halogenated, flame-resistant moisture barrier for firefighter turnout gear. The new fabric is UL certified and exceeds NFPA 1971-2018 requirements.

HEXPOL has signed an agreement to acquire 80 percent of the shares in Piedmont Resin Supply, LLC (Piedmont) from the founder Mr. Matt Griffith and Mr. Paul Daniel. Piedmont was founded in 2013 and has grown to become one of the largest independent nylon compounders in the US. The company is an industry leader in technical nylon compounds on the US market and services a variety of customers within automotive, transportation and the furniture industries. Piedmont operates a well invested manufacturing facility in Cartersville, GA with some 60 employees and further capacity to grow. The company has a turnover of some 60 MUSD and a profitability on a similar level to the HEXPOL Group.

Bridgestone announced it has once again been named a 2024 “Top Company for Women to Work for in Transportation” by the Women in Trucking Association (WIT). Representatives from Bridgestone will receive the award at the WIT Accelerate! Conference and Expo on November 11 in Dallas, Tex.

The new facility serves as a center of competence for three business lines, underlining the diverse portfolio of plant engineering expert Zeppelin Systems. Also, the investment in Italy is a commitment and statement of the Zeppelin Group, believing in the vast potential and future prospects of the Italian market. Customers from the rubber and tire sector will be supplied even better in future from the newly created competence center in Reggio Emilia and the new premises will also provide Italian customers from the food industry with a modern and innovative contact point where they can obtain advice from experienced experts. The new branch in Reggio Emilia also perfectly covers the polyolefin business sector with over 5,000 square meters of space.

BRABUS relies exclusively on Continental’s ultra-high performance SportContact 7 tire for the new ROCKET GTS, the tuner’s first supercar to date with a visible carbon-fiber shooting brake body. Designed to meet the needs of sporty drivers, the tire combines performance and safety.