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LyondellBasell Industries announced net income for the second quarter 2022 of $1.6 billion, or $4.98 per share. The company recognized a $69 million non-cash impairment charge during the quarter related to the exit from our Australian polypropylene business that impacted earnings by $0.21 per share. Second quarter 2022 EBITDA was $2.4 billion, or $2.5 billion excluding LCM and impairment. Second quarter 2022 EBITDA was further impacted by a $94 million non-cash pension settlement charge.

Malaysia’s natural rubber (NR) production decreased by 6.3% to 21,073 tons in May 2022 compared with 22,498 tons in April, said the Department of Statistics Malaysia (DoSM).

DuPont announced it has committed to setting science-based targets to reduce greenhouse gas (GHG) emissions in line with the Science Based Targets initiative (SBTi), a partnership between CDP, the UN Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). As part of its commitment, DuPont plans to work closely with SBTi to determine GHG emissions reduction targets for Scope 1 and 2 emissions aligned with the Paris agreement which sets the goal of limiting global warming to 1.5°C. In addition, DuPont will also work with SBTi to develop its Scope 3 GHG emissions target.

Kentucky Governor Andy Beshear and Energy and Environment Cabinet (EEC) Secretary Rebecca Goodman announced up to $443,363 in grant funding has been awarded to four counties for rubber-modified asphalt projects utilizing waste tire

ContiTech premium air springs announced it will officially transition to the worldwide brand name Continental. The change to a stronger, well-known name better connects to Continental’s technology brand.

Origin Materials, Inc. and Intertex World Resources, Inc. announced a strategic partnership to bring sustainable carbon-negative carbon black made using Origin Materials’ patented technology platform to the rubber compounding and plastic masterbatch industries

The U.S. Tire Manufacturers Association (USTMA) submitted formal comments in support of the proposed rulemaking by California’s Department of Toxic Substances Control (DTSC) to list 6PPD in tires as a Priority Product in the state’s Safer Consumer Products (SCP) program.

Tyre Recycling Solutions SA (TRS), Préverenges, has chosen BUSS’s COMPEO™ technology for implementation of their TRS Intelligent Compounding© concept, which transforms powder products obtained from recycled end-of-life tires into innovative and valuable compounds at industrial scale.
TRS’s performance materials, which require a specific, proprietary compounding process of TPE/TPU based resins with recycled rubber powder, bring a truly green transformation to a wide range of applications – from gaskets, logistics, automotive and construction industry to footwear and 3D printing.
After extensive market and technology research, TRS specialists chose COMPEO™ compounding technology for its unique combination of powerful, low shear mixing with a conical discharge pump (CDP) unit for pressure build-up.

Bridgestone Americas (Bridgestone) and Pilot Company announced a collaboration on an advanced tire monitoring and service network for commercial fleets at select travel center locations. This collaboration leverages Bridgestone Fleet Care mobility solutions and Pilot Company’s network of travel centers to provide more convenient, frequent, and actionable fleet tire intelligence. The initial trial phase will begin this summer with a rollout of the tire monitoring technology at 200 Pilot and Flying J locations.

KRAIBURG TPE will present itself with a broad portfolio covering every aspect of sustainability at the upcoming K 2022 trade fair held from October 19 to 26 in Düsseldorf. Traditionally located at “Rubber Street”, the manufacturer provides issues and solutions involving thermoplastic elastomers (TPEs) as well as an extended service portfolio.