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Lion Elastomers warehouse fire reported in Port Neches, Texas

Firefighters were sent to fight a fire this past Wednesday at a Lion Elastomers warehouse in Port Neches. The fire was put out just before 2 p.m. according to the Port Neches Fire Department’s Facebook page. The fire did not pose a threat to the public and no injuries were reported according to the Port Neches Fire Department. Facility reps state that the product was liquid latex.

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Semperit reports lower earnings for first three quarters of 2023

In the first three quarters of 2023, the Semperit Group performed solidly in a challenging market environment characterized by high inflation and a weak economy. Revenue of EUR 547.6 million was generated, which was 7.7% below the previous year’s figure. EBITDA from continued operations amounted to EUR 56.8 million (1-9 2022: EUR 79.8 million), which included one-time effects of around EUR 6.6 million from the transaction costs for the acquisition of the Rico Group, from profits recognized in advance in the purchase price allocation and from one-time severance payments for changes to the Executive Board and for reductions in headcount.

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Inkbit introduces TEPU 50A, a new soft-medium durometer elastomer

TEPU 50A is a thiolene polyurethane-based elastomer with a Shore 50A durometer and low compression set that offers excellent UV stability and strong chemical compatibility. TEPU 50A is the latest addition to the Inkbit Vista™ ecosystem, developed in response to customer requests for a Shore 45-55A elastomer that could accurately produce intricate detail in a wide range of geometries with excellent surface finish and elastic resilience.

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Apollo Tyres report positive growth for the first half and second quarter fiscal year

For the quarter ended September 30, 2023 Apollo Tyres Ltd, on a consolidated level, registered a revenue of Rs 6,280 crores, an increase of 5% over the same period last fiscal. For the six months of the fiscal (April – September), the company reported a revenue of Rs 12,524 crores, an increase of 5% over the same period last fiscal. Positive revenue growth was reported, especially from Indian Operations, in the second quarter, and in the first half of the fiscal year.

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