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Trelleborg Group has, through its business area Trelleborg Industrial Solutions, signed an agreement to acquire an operation specializing in automotive boots for the fast-growing Indian light vehicles market. The operation is part of the India-based privately owned company Injectoplast. The acquisition means that Trelleborg further strengthens its globally leading market position in automotive boots. The company has its head office and manufacturing in Kanpur, in the north of India, close to a light vehicle manufacturing cluster, and has annual sales of approximately SEK 70 M.

GRI announced the appointment of Michael Connor as Director of Sales for its US operations. A seasoned professional with in-depth experience in specialty tires, Michael will oversee the Sales, Marketing, Operations and Customer Service efforts in North America, covering its Material Handling, Agriculture and Construction product portfolios. The appointment comes as GRI steps up its efforts and its resource portfolio to significantly ramp up capacity building and aggressively capture greater potential in the market.

Covestro recently started up the production of Naphthylen-Diisocyanate (NDI) for the Vulkollan® raw material at a newly built plant in its Map Ta Phut site in Thailand. The groundbreaking of the plant happened almost exactly two years ago, in late 2020. The investment was in the high mid double-digit million Euro range and is part of several investments of the company into cast polyurethane raw materials, for example at its Spanish site near Barcelona or at its site in Caojing near Shanghai in China.

– Frederique van Baarle is moving up to the Management Board of Cologne-based specialty chemicals company LANXESS. The Supervisory Board has appointed the 51-year-old as Labor Director. She takes over this function from Management Board member Anno Borkowsky.

Hankook will present the new iON race Formula E tire to the public for the first time at the Essen Motor Show. As an exclusive technical partner and tire supplier to Formula E, Hankook developed the new tire in close cooperation with the racing series and met the sustainability standards of Hankook and Formula E. The tire will make its debut in the next season at Mexico City E-Prix on January 14, 2023. Around 30 percent of the new tire, which is tailor-made for the third-generation Formula E race cars, consists of sustainable materials. End users also benefit from racing developments: Findings from the racetrack flow into the production tires of the iON product family, which includes summer and winter profiles especially designed for the resource-saving mobility of modern premium electric vehicles.

Cabot Corporation announced it has been named to Investor’s Business Daily’s (IBD) 100 Best ESG Companies of 2022 list. The fourth annual list recognizes companies with superior environmental, social and governance (ESG) ratings in addition to strong fundamental and technical stock performance. Cabot moved up in ranking this year to No. 24 and is featured on the list for the second consecutive year.

Bridgestone’s business in Russia represents less than 2% of the company’s global turnover. This announcement will not change the consolidated financial forecast for fiscal year 2022 disclosed in August.

The fuel company Preem will use the delivered oil as a raw material for production tests to determine how suitable it is for the production of different biofuels. These tests will take place at Preem’s refinery in Lysekil, which has already been granted a permit to conduct production tests of tyre pyrolysis oil.
“This order is very important for us since it is yet more confirmation of the commercial potential of our oil and our recycling technology. A large player in the oil industry in our own home market taking this step provides important support for our expansion in both Sweden and internationally,” says Thomas Sörensson, CEO of Enviro.

Apollo Tyres’ Chennai Plant, amongst the largest manufacturing facilities in Asia, was awarded the coveted Deming Prize, which is one of the highest awards on Total Quality Management (TQM). C Thomas Mathew, Unit Head, Chennai Plant, Apollo Tyres Ltd received the award from the Deming Prize Committee in Tokyo, Japan on Monday, November 14.