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Cabot Corportation publishes its 2025 Sustainability Report

Cabot Corportation announced the publication of its 2025 Sustainability Report, outlining the progress made toward advancing its sustainability performance and achieving key objectives in calendar year 2024. The company also unveiled its 2030 Sustainability Goals, which target six priority topics identified as most material, reflecting its ambition to continuously drive measurable impact for its stakeholders.

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Nokian Tyres promotes Marcus Hancock to lead R&D efforts in North America

Nokian Tyres is extending its research and development capabilities to North America to better support the local market and serve its growing customer base in the United States and Canada. The North American Research and Development unit is a local function working in close collaboration with Nokian Tyres Finland-led R&D activities.

To lead North American R&D, Nokian Tyres has promoted Marcus Hancock to serve as Senior Manager of Research and Development in North America, effective October 1.

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Cast elastomer market forecast at $2.38 billion by 2030

The cast elastomers market size is projected to grow from USD 1.87 billion in 2025 to USD 2.38 billion by 2030, registering a CAGR of 5.0% during the forecast period according to MarketsandMarkets.

The increasing demand for cast elastomers is due to their advantageous mechanical characteristics, such as excellent abrasion resistance, durability, and flexibility, which allow them to perform well under extreme, demanding conditions. Industries like mining, oil & gas, automotive, and manufacturing all rely on cast elastomers for components that will withstand wear, impact, and chemical exposure. The increasing implementation of automation and high-performance equipment is also increasing the demand for materials with longevity and low maintenance. The customization of cast elastomers for specific applications is driving global demand, particularly in emerging economies.

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Huntsman adds new Smartlite SCF 280 TPU to footwear portfolio

Huntsman announced the development of a new supercritical foam (SCF) technology that can deliver a combination of lightweight cushioning, comfort and durability for sports and lifestyle footwear – while supporting manufacturers’ automation objectives. SMARTLITE® SCF 280 TPU is the latest product in a wider portfolio of SCF midsole technologies that includes SMARTLITE® SCF 285 TPU, which launched in 2024.

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Michelin launches Truckfly, a GPS navigation system for Europe

The Truckfly by Michelin GPS was launched on 4 August 2025 in Europe. It offers a navigation system exclusively designed for truck drivers.

Optimized for smartphone use via the Truckfly by Michelin app, this digital solution has overcome the limits encountered with conventional onboard GPS systems (obsolescence, costly downtime for maintenance and updates) as its features are updated in real time directly on the truckers’ cell phone.

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Yokohama Rubber designated as “DX Certified Business Operator” by METI

The Yokohama Rubber Co., Ltd., announced that it was designated on September 1, 2025, as a “DX Certified Business Operator” under the Digital Transformation (DX) certification program established by the Ministry of Economy, Trade and Industry (METI).

Based on the Act on Facilitation of Information Processing, the DX certification program certifies companies that are prepared for digital transformation in accordance with the basic principles of the Digital Governance Code set forth by METI, including the formulation of a vision and the development of strategies and organizational structures.

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Christopher Ostrander resigns from Nokian board of directors

Christopher Ostrander, a member of the Nokian Tyres Board of Directors has announced his resignation from the Board of the company. The reason for the resignation is his appointment as Nokian Tyres SVP, Passenger Car Tyres, North America and a member of the Nokian Tyres Management Team as of September 1, 2025. The stock exchange release on the appointment was published on July 18, 2025.

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