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As the new Senior Vice President Global Sales (Injection Molding, Extrusion, Reaction Process Machinery, Automation and Additive Manufacturing), Bob Martin will also be responsible – in addition to the global strategic orientation of sales – for operational responsibility for the global sales of the KraussMaffei Group. Bob Martin, who is from the US, will report to Xiaojun Cui and will based at the KraussMaffei location in Florence, Kentucky. His responsibilities include EMEA, APAC, LATAM, and China along with North America.

The Yokohama Rubber Co., Ltd., announced that it is supplying its ADVAN V61 tires to Lexus for use as original equipment (OE) tires on the fifth-generation RX. The luxury SUV has undergone a complete renewal, pursuing the Lexus Driving Signature performance and next-generation Lexus design. Launched in Japan and overseas, including Europe, from this November, the new RX is being fitted with 235/60R19 103V size ADVAN V61 tires.

Bridgestone Americas (Bridgestone) announced Steve Hoeft will assume the role of president of its Commercial Truck Group, effective immediately. The Commercial Truck Group includes the company’s Truck & Bus Radial (TBR) business.

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.