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Magna Tyres announce exclusive partnership with Norgesdekk

Magna Tyres Group announces an exclusive partnership with Norgesdekk, one of Norway’s most prominent tire distributors. This strategic collaboration will see Norgesdekk become the exclusive distributor of Magna Tyres products throughout Norway, strengthening the availability of Magna Tyres in the Norwegian market.

With this partnership, Magna Tyres continues its ambitious global expansion strategy, reinforcing its presence in the Scandinavian region by leveraging Norgesdekk’s extensive distribution network and local market expertise.

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BKT tires improve productivity for R.H. White Construction

In a corner of the Northeastern United States, namely in Auburn, Massachusetts, discovering a longstanding business that is deeply intertwined and rooted in the area: R.H. White Construction, which has over a century of history to look back on, is today a pillar of local infrastructure. Founded in 1923, the company has, in fact, a deep connection with the entire territory, where it plays a key role in the building and construction industry, as well as in services for gas and water lines. All this comes with a level of safety and innovation that makes this company a leader in excellence recognized even outside Worcester County

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Greene Tweed appoints Adam Phan as general manager of sealing systems

Greene Tweed announced the appointment of Adam Phan as the company’s new General Manager of Sealing Systems.

Phan brings more than two decades of extensive cross-functional leadership and industry experience in aerospace and defense to his new position. As General Manager, he will guide the Sealing Systems business and product management strategies, technology development, and operational footprint to deliver high-performance sealing solutions for the industry’s most demanding environments and critical applications.

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Carboxylated nitrile rubber (XNBR) market forecast at $5.9 billion by 2032

The global market for Carboxylated Nitrile Rubber (XNBR) is experiencing notable growth, driven by its expanding applications across various industries. As of 2022, the market size for XNBR is valued at approximately USD 4 billion. Forecasts indicate that this figure will rise to USD 5.92 billion by 2032, reflecting a steady compound annual growth rate (CAGR) of 4% from 2022 to 2032 according to Future Market Insights. This growth is indicative of the increasing demand for high-performance rubber materials in automotive, aerospace, and industrial applications.

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DuPont commits to net-zero carbon emissions by 2050

DuPont announced its commitment to achieve net-zero carbon emissions by 2050. In a letter submitted to the Science Based Targets initiative (SBTi), the company indicated its intent to set long-term science-based greenhouse gas (GHG) emission reduction targets, thereby establishing an end-to-end value chain net-zero target to be verified by SBTi in accordance with SBTi’s Net-Zero Standard. The net-zero goal aligns with the rigorous standards set by SBTi and the Paris Agreement, which aims to limit global temperature rise to 1.5°C.

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Market ReportsNewsrss5

Global silicone market forecast at $30 billion by 2028

Global demand for silicones is forecast to grow 3.2% yearly, reaching 3 million metric tons – valued at $29.9 billion – in 2028 according to Research and Markets. Gains will be supported by accelerating construction and manufacturing activity, as well as an improvement in motor vehicle production. The continuing uptake of silicones in lower income countries will also support demand increases. In value terms, gains will be boosted by greater use of better-performing silicones in high-income countries.

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Reduce soil compaction with VF technology from Firestone AG

Tires with IF or VF technology are built with a flexible yet durable sidewall and run at a lower inflation level than standard radials, allowing full expansion of the footprint while being rigid enough to keep the center of the tread anchored to the ground to maintain traction and wear performance. Tires with IF technology can carry about 20% more load than standard equivalent-sized radial tires at the same inflation pressure. When axle loads do not increase, the inflation pressure can be reduced to standard radial tires. Tires with VF technology can carry about 40% more load than standard equivalent-sized radial tires at the same inflation pressure. When axle loads do not increase, the inflation pressure can be reduced compared to standard radial tires.

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Market ReportsNewsrss5

Smart tires forecast with a CAGR of 50 percent through 2029

In-depth analysis in the brand new Smithers report – The Future of Connected Tires to 2029 – shows that sales worldwide will top 91,000 units for the first time in 2024, with a value of $23.23 million. Across the next five years value will increase rapidly at a compound annual growth rate (CAGR) of 50.5% driving value to $179.51 million in 2029, at constant prices; with volume sales climbing to 871,000 units.

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