Trinseo announces dividend of $0.32 per share

Trinseo announces a dividend of $0.32 per share, an increase of four times the amount of the most recent dividend. In December 2020, Trinseo announced a dividend reduction to enable rapid near-term deleveraging following the acquisition of the PMMA business. Taking into account the Company’s previously announced expectation of a net leverage ratio in the low-2x range by the end of this year, the Board approved today’s increase. The dividend will be a cash distribution payable on October 7, 2021, to shareholders of record as of the close of business on October 1, 2021.

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SmarTech publishes Q2 2021 additive manufacturing market data for metals and polymers

The additive manufacturing market is bouncing back and poised to become bigger than ever according to the latest report from SmarTech Analysis, the leading market analysis firm serving the additive manufacturing industry. Prior SmarTech advisory reports predicted this development more than a year ago at the onset of the coronavirus pandemic in the West. The latest report, released to advisory services clients last week, quantifies continued acceleration in all sectors of additive manufacturing, examining key ongoing trends at play which set the stage for an anticipated move into historic growth.

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NGC launches Acti-Tech grade approved for food contact applications

NGC thereby enlarges its portfolio of Acti-Tech compatibilizer with Acti-Tech compatibilizer 16MA11F, which is compliant with EU food regulation 10/2011. This functional polymer can be added to both PE or PP based formulations and tailored to the process equipment due its optimized melt flow.
Quentin Le Piouff, market development manager for NGC, says: “With this latest addition, we are offering processers and recyclers an easy-to-add and universal compatibilizer for polymer blends used in diverse applications.” “It is also an ideal solution to upcycle mixed polymer feeds from PIR or PCR, enabling the use of these recycled plastics into existing products without lowering end properties,” continues Kevin Barthomeuf, chief technology officer for NGC. Such a food contact compliant compatibilizer is suitable for many industries besides food packaging and recycling. As Quentin points out: “We are still exploring the fit in new applications for our product range.”

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Nexen Tire signs sports partnership with SK Slavia Praha (Prague) Football Club to broaden its presence within European markets

The two-year partnership kicked-off during the Club’s first home league match on 7 August. Throughout the partnership, Nexen Tire’s brand will be visible at the Eden Arena, home of SK Slavia Praha, where the Company will take the opportunity to engage fans, as well as use the SK Slavia Praha logo and player-related content in promotional materials.

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BKT releases floatation range of tires for agriculture 4.0

BKT’s range of Flotation models and sizes is increasingly wide and includes innovative design through increasing attention paid to environmental sustainability. Hence the study of every possible solution involving respect for the soil – when it comes to agriculture, through the reduction of consumption/CO2. This approach accompanies the constant customer focus, an aspect which end users of course appreciate.

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Minnesota Rubber and Plastics plans Innovation Center

Minnesota Rubber and Plastics, said to be a leading provider of highly engineered elastomer and thermoplastic solutions, announced it is building a state-of-the-art innovation center adjacent to the company’s corporate headquarters in Plymouth, MN. The new 9,000 sq. ft. innovation center will provide customers with direct access to some of the industry’s foremost materials scientists and engineers in an immersive design-prototype-build-test process. Whether customers engage in-person or online, the result will be the same: a game changing engineer-to-engineer collaboration experience that helps to bring innovations to life faster.

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Apcotex Industries expands nitrile latex capacity In India

Apcotex Industries is one of the leading manufacturers of synthetic latex (styrene-butadiene, vinyl pyridine and styrene acrylic latex) and synthetic rubber (NBR, HSR and NBR-PVC and NBR powder) in India. The company has one of the broadest ranges of emulsion polymers available in the market today, catering to various industries such as paper, paperboard, construction, carpet, tire, textiles, footwear, auto components, rice de-husking rollers, hoses and several industrial rubber applications.

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