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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.

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.

Yokohama Tire’s first-ever ultra high-performance all-season tire specifically designed for electric vehicles (EVs) – the ADVAN Sport® EV A/S – will debut at Electrify Expo in Austin, Texas, November 10-12. The new tire, along with several modified and motorsports EVs, will be in the tiremaker’s booth in the Electrify Showoff Driven by Yokohama section.

In the third quarter of 2023, Continental achieved consolidated sales of €10.2 billion (Q3 2022: €10.4 billion, -1.5 percent). Its adjusted operating result was €637 million (Q3 2022: €595 million, +7.1 percent), corresponding to an adjusted EBIT margin of 6.2 percent (Q3 2022: 5.7 percent).

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.

Falken Tires, a subsidiary of Sumitomo Rubber Industries, Ltd. and a leading manufacturer of high-performance tires for cars, trucks, SUVs and CUVs, announced that it has been honored with the RTS Top Market Share Increase award in the Passenger Car / Light Truck Tires segment. This prestigious recognition highlights Falken’s continuous growth and success in the industry.

Rialti is one of the European market leaders specialized in production of sustainable polypropylene (PP) compounds with a focus on mechanically recycled PP feedstock from post-industrial and post-consumer waste. Based in the area of Varese, Italy, Rialti has over thirty years of experience. The company utilizes its annual capacity of 50,000 tons to make injection moulding and extrusion PP compounds with applications in different industries, including automotive, appliances and construction.

Elkem will exhibit its range of Silbione™ from November 13 – 16, in Düsseldorf at MEDICA and COMPAMED and will give an insight into the world of medical technologies.

Q-Lab announced that it has successfully resolved a trademark and copyright dispute with Qualitest International Inc. and Qualitest USA LC (“Qualitest”). As part of the resolution, Qualitest has agreed to immediately discontinue any and all use of Q-Lab’s trademark and copyrighted work, and destroy any related promotional materials. The unauthorized trademark and copyright issue related to Q-Lab’s industry-leading QUV® accelerated weathering tester.

The Global Platform for Sustainable Natural Rubber (GPSNR) recently concluded its fifth Annual General Assembly, marking a series of significant milestones for the organization.