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Flame retardants market to reach $9.2 billion by 2027

The flame retardants market is projected to reach USD 9.2 billion by 2027, at a CAGR of 5.1 % from USD 7.2 billion in 2022 according to MarketsandMarkets. The global flame retardants market is estimated to be USD 7.2 billion in 2022 and is projected to grow at a CAGR of 5.1% during the forecast period. The growth of the market is mainly triggered by the growth of end-use industries and increasing regulations for fire safety. Growth opportunities are expected to be governed by the innovation in technology, and the development of more effective synergist compounds to boost the performance of flame retardants. In addition, the growth is largely driven by factors such as an increase in fire accidents in various industries and fire safety guidelines.

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Christian Eidt appointed CFO for Davis -Standard

Davis-Standard announced that Christian Eidt has been appointed Chief Information Officer. In his new role, Eidt will be an integral part of Davis-Standard’s senior management team, charged with transforming IT capabilities as the company moves toward an increasingly digital and data-enabled industrial environment. He will be responsible for IT strategy, corporate systems, data and analytics, and cyber security.

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Department of Energy awards $3 million to polySpectra and Fortify to develop olefin resin-based composites for automotive use

The DOE announced a selection of 30 projects that will receive $57.9 million in funding from the Advanced Manufacturing Office (AMO). The DOE awarded $3 million to polySpectra and Fortify, along with National Renewable Energy Laboratory, MPI Systems, RePliForm Inc, and Oak Ridge National Laboratory to develop durable direct additive tooling for automotive lightweighting via Cyclic Olefin Resin-based composites

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Bridgestone introduces a new line of Firestone Classics long-haul tires

– Bridgestone Americas (Bridgestone) has introduced a new line of long-haul tires into the Firestone Classics tire line. The Firestone FS509 (steer radial), FD609 (drive radial), and FT409 (trailer radial) tires each build on a long legacy of dependable value by combining proven tread designs with Bridgestone-engineered casings to provide fleets with long-lasting treadwear and mileage, plus the additional benefits of casing durability and retreadability.
“The Firestone Classics product line gives our small and medium fleets access to premium, high quality and retreadable products from an iconic American brand at an affordable price point,” said Chris Tavares, executive director, Commercial Truck Group Marketing, Bridgestone Americas. “We are thrilled to be able to expand the Firestone Classics line of tires that deliver value for our customers and fleets without compromising on performance.”

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WACKER to present biomethanol-based solid and liquid silicone rubber grades at K 2022

At the 22nd international trade fair for plastics and rubber K 2022 WACKER will unveil industrial-grade silicone rubber compounds whose precursors are derived from plant-based raw materials. Several biomethanol-based product lines under the ELASTOSIL® eco umbrella will be launched, in-cluding one liquid and six solid silicone rubber grades, as well as selected SILMIX® silicone rubber compounds. The use of biomethanol in silicone production helps preserve fossil resources. The K 2022 tradeshow will take place in Düsseldorf, Germany, October 19 – 26.

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