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H.B. Fuller divests its flooring business

H.B. Fuller Company announced that it will reorganize the building and construction segments of its portfolio to create a faster growing solutions business with a complementary customer base across the architectural and infrastructure markets. The reorganization includes the sale of the Flooring business as well as combining the company’s Insulated Glass, Woodworking, and Composite segments, currently part of Engineering Adhesives, with its Roofing and Building Envelope and Infrastructure (BE&I) segments to form a newly named Global Business Unit (GBU): Building Adhesive Solutions (BAS), effective with the start of H.B. Fuller’s 2025 fiscal year.

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Newsrss3Silicone & Medical

Silcotech and Neotech develop the new Neotech Bridge Breastfeeding Assistance Device

The Neotech Bridge is a silicone nipple cover with a built-in channel that attaches to a syringe filled with breastmilk or formula. The syringe allows mothers to control the amount and flow to keep the baby at the breast, feeding continuously which help to further promote natural milk production.
The market opportunity is vast as a large percentage of mothers experience breastfeeding challenges. While initially targeting hospitals, Neotech is now also focused on the retail space as well. And since taking over the product, Neotech continues to grow sales each year.
Both Neotech and Silcotech emphasized the powerful impact of this product.

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India’s manufacturing slowed in November

India’s manufacturing growth slowed in November, marking its weakest level in 11 months due to price pressures and softer domestic demand. The HSBC India Manufacturing Purchasing Managers Index (PMI), compiled by S&P Global, recorded a reading of 56.5 for November, down from 57.5 in October and matching September’s level. Although the PMI remained above the 50-point threshold indicating expansion, it was below the preliminary flash estimate of 57.3, reflecting a more subdued rise in factory orders and production. Input costs rose at their fastest pace since July, driven by higher prices for chemicals, cotton, leather, and rubber.

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Smithers recently appointed Brian Spitz as chief financial officer

As CFO of Smithers, Spitz is responsible for overseeing the global financial and legal operations, leading initiatives to improve financial efficiency and supporting Smithers strategic growth objectives.

With over twenty years of executive experience, Spitz brings a growth-oriented mindset and a wealth of expertise in financial management and strategic planning. His insights and guidance have been instrumental in various board roles, where he provided valuable financial direction.

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Yokohama Rubber’s 507U tires coming factory-equipped on Isuzu’s ERGA EV

The Yokohama Rubber Co., Ltd., announced that it has begun supplying its 507U rib-lug tires for low-floor buses to Isuzu Motors Limited for use as standard equipment on the automaker’s ERGA EV, a BEV flat-floor route bus, which was launched in May 2024. The 507U bears Yokohama Rubber’s proprietary “E+” mark to indicate that it has special qualities suitable for electrified vehicles. The ERGA EV is being equipped with 275/70R22.5 148/145J size tires.

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Yokohama Rubber launches the Advan Winter V907 ultahigh performance winter tire

The Yokohama Rubber Co., Ltd., announces that it launched sales from this October of a new ultrahigh performance winter tire, the ADVAN WINTER V907, as an afterparts tire for the Mercedes-AMG E-Class luxury sedan. Sales initially are mainly through Mercedes-AMG dealerships in Europe. The initially available tire sizes are 245/45R19 102V for front tires and 275/40R19 105V for rear tires. Yokohama Rubber also plans to develop an ADVAN WINTER V907 replacement tire based on the new afterparts tire in a wider range of sizes, with sales to be launched sequentially at tire dealers mainly in Europe from 2025.

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