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AkzoNobel installs 3,551 solar panels at plant site in Poland

A major solar energy plant – AkzoNobel’s largest in Europe – has been installed at its Pilawa site in Poland, further powering the company’s efforts to transition all its production locations to renewable electricity.

Covering nearly three hectares (around the size of four football pitches), there are 3,551 solar panels, with an installed capacity of 1.9 MWp. They’ll provide nearly a quarter of the decorative paints facility’s electricity needs.

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Evonik unveils flame retardant PA12 and carbon black embedded 3D-printable powders

Evonik is unveiling its latest innovations in PA12 polymer applications for 3D printing at Formnext 2024, the highlight exposition and convention for the world’s additive manufacturing community.

Most notably on display will be the company’s PA12 based INFINAM® 6013 P and INFINAM® 6014 P 3D-printable powders, which through a feat of engineering, possess a relatively substantial amount of carbon black in the core of each particle.

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RDAbbott to host free webinar for Silastic silicone rubber

Join RDAbbott on Thursday, December 5, 2024, from 10:00 – 11:00 AM (ET) for a free webinar titled “SILASTIC™ Silicone Rubber: Forming the Future of Electric Vehicles.”

Jake Steinbrecher, Technical Service & Development Scientist at Dow, will present silicone rubber’s material compatibility, safety, and performance advantages in (Electric Vehicle) EV applications, such as cables, busbars, battery compartments, and automotive lighting.

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Yokohama Rubber reports positive third quarter

The Yokohama Rubber Co., Ltd., announced its business and financial results for the first three quarters (January to September) of fiscal 2024. Sales revenue increased 13.1% over the same period of the previous year, to \782.9 billion; business profit increased 69.6%, to \83.4 billion; operating profit increased 63.8%, to \85.8 billion; and profit attributable to owners of parent increased 36.5%, to \60.8 billion. The figures for all those items were record-high figures for performance in the first three quarters at Yokohama Rubber. In addition, the company’s business profit margin, at 10.7%, was the highest ever for the first three quarters.

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Global Platform for Sustainable Natural Rubber urges European Parliament not to amend essence of EUDR

As Members of the European Parliament (MEPs) convene to vote on 14th November on the proposed amendments to the EUDR, the Global Platform for Sustainable Natural Rubber (GPSNR) urges them to provide legal certainty around the implementation timeline and not re-open the regulatory text.
Along with the European Tire and Rubber Manufacturers Association, GPSNR has written to the European Parliament earlier this month to ask MEPs to use the proposal for amendments solely to create certainty about the timeline and not change the substance of the regulation.

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Clariant upgrades its syngas catalyst portfolio

Clariant announced that its new Plus series syngas catalysts have been successfully introduced to the market. Over the past five years, the company upgraded its portfolio of syngas catalysts, launching ReforMax LDP Plus, ShiftMax 217 Plus, and AmoMax 10 Plus catalysts. Based on their renowned forerunners, the new catalysts were designed as drop-in solutions to improve plant economics and reduce carbon emissions. These benefits have now been demonstrated in commercial use with highly favorable results.

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Orion S.A. reports lower third quarter sales

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.

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