Goodyear develops tire made with 70 percent sustainable material
The Goodyear Tire & Rubber Company announced the release of a demonstration tire with 70% sustainable-material content, including industry-leading innovations
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ASTM International changes January committee week meeting to virtual
In light of COVID-19 (coronavirus) and ongoing safety concerns for members and staff, ASTM International announced that the January in-person standards development meetings in Houston, Texas, USA, are now transitioning to all virtual.
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SI Group appoints Rustom Jilla as senior vice president and CFO
SI Group announced the appointment of Rustom Jilla as its Senior Vice President and Chief Financial Officer, effective immediately. Jilla succeeds Patrick Weinberg, who previously held the CFO position with SI Group
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Steve Shannon Tire joins the Pre-Q Galgo network of independent retreaders
PRE-Q® GALGO Corporation is announced that Steve Shannon Tire is now a member of the PRE-Q® GALGO family of independent retreaders.
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Solvay facility in India to power over half of its electricity needs through solar energy
Thanks to a new Power Purchasing Agreement (PPA) signed with India’s largest solar power producer, over half of the electricity needs of Solvay’s production facility in Roha, Maharashtra will be covered by a brand-new solar power plant starting next year, avoiding an estimated 3.9 kilotons of CO2 emissions each year
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Global low rolling resistance market forecast with a CAGR of 11 percent through 2031
Surging carbon footprint attributed to heavy automotive usage has led manufacturers to improve existing vehicle tire designs has significantly heightened demand for low rolling resistance tires, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global low rolling resistance market is slated to surpass a staggering CAGR of 11% across the forthcoming decade
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Solvay announced the jury for the fifth edition of its Science for the Future Solvay Prize
Solvay announced the jury for the fifth edition of its Science for the Future Solvay Prize, a €300,000 award given every two years to a scientist engaged in groundbreaking research that will shape tomorrow’s science and solve some of the world’s most pressing challenges. The Solvay Prize laureate will be announced on January 13 and the award ceremony will be live-streamed on March 29.
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Mitsui Chemical included in the Dow Jones Sustainability Indices
Mitsui Chemicals, Inc. announced that it has again been included in the Dow Jones Sustainability Indices (DJSI), a global benchmark for measuring environmental, social and governance (ESG) investments. Having first been added to the DJSI Asia Pacific in 2018, Mitsui Chemicals has now managed to maintain its listing here for a fourth consecutive year following the index’s annual review for 2021
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South Africa tire market forecast at $3 billion by 2028
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the South Africa tire market was worth USD 2.2 billion in 2021. The market is projected to grow at a CAGR of 4.8% during the forecast period (2022-2028), earning revenue of around USD 3.0 billion by the end of 2028. South Africa tire market is growing owing to the growing automotive industry, increasing demand for electric vehicles, and growing industrialization in the country. Moreover, the growing penetration of Chinese and cost-effective tires is also fueling the growth of the South Africa tire market.
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Change with the executive board of the ENGEL Group
Dr. Christoph Steger, Chief Sales Officer, is leaving the ENGEL Group at his own request. Background for his withdrawal is his wish to further develop himself vocationally and to change his career orientation
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