Smithers announces that Cliff Hodges has joined Smithers as Technical Director of the Tire & Wheel Test Center in Ravenna, Ohio.
Hodges will direct the technical and quality requirements for the Smithers force and moment testing, tire modeling, and other special tire characterizations and evaluation methods. He will also manage and advise technical staff and technical decision-making
Nippon Steel Corporation, Japan’s largest steelmaker and one of the world’s leading steel manufacturers, and United States Steel Corporation announced that they have entered into a definitive agreement pursuant to which NSC will acquire U. S. Steel in an all-cash transaction at $55.00 per share, representing an equity value of approximately $14.1 billion plus the assumption of debt, for a total enterprise value of $14.9 billion. The $55.00 per share purchase price represents a 40% premium to U. S. Steel’s closing stock price on December 15, 2023. The transaction has been unanimously approved by the Board of Directors of both NSC and U. S. Steel.
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The global blow molded bottles market is on a growth trajectory, with estimations pointing towards a substantial valuation of US$ 94.6 billion by the conclusion of 2023 according to Future Market Insights. Furthermore, the sales of blow-molded bottles on a global scale are poised to witness a robust acceleration, boasting a Compound Annual Growth Rate (CAGR) of 4.8% from the year 2023 to 2033. In this trajectory, the global blow-molded bottles market is anticipated to unlock a significant market opportunity, projected at a staggering US$ 151.2 billion by the culmination of 2033.
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ACI launches this landmark event in the realm of sustainable waste-material management. The two-day event will be taking place in Rotterdam, Netherlands on the 31st January to 1st February, and bring together key stakeholders from Chemical and Energy Providers, Raw Material Suppliers, Packaging Manufacturers, Recycling Service and Technology Providers, Chemical and Sustainability Associations, Senior Chemical Consultants and Research Academics.
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The Yokohama Rubber Co., Ltd., announced that it is supplying its ADVAN V61 tires as original equipment (OE) to Lexus for use on the new compact SUVs, the LBX, sales of which will be launched in Japan, Europe, Asia and other markets in December 2023. The new LBX is being fitted with 225/55R18 98H and 225/60R17 99H.
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On October 20, 2023, Silcotech celebrated its 25th year in business. Today, the company is global, with over 100 employees, doing business out of its own highly automated, state-of-the-art facility in Bolton, just a few blocks from the original location. Silcotech also has a facility in India, Silcotech Bonny Products Pvt Ltd.
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TechnoBiz is hosting “Rubber Week 2024” during 22-26 April 2024 in Bangkok, Thailand as a Knowledge Hub with 3 Conferences and 10+ Training Programs
Read MoreAmeritread, operating as Truck Stop Supply Company LLC, is headquartered in Newville, Pa., and boasts a dedicated team of 17 employees. The company excels in the culling, refurbishing and reselling of used tires, giving them a new lease on life as high-quality, certified reconstructed tires.
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Compared with 2022, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to change by 7.9%, -4.0%, and -1.3% respectively, with a total increase of 3.0 million units. Replacement passenger, light truck and truck tire shipments are also projected to change by 0.2%, -5.6%, and -21.3% respectively, with a total decrease of 7.3 million units.
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Smart Vision Lights (SVL) announces that its DoAll multifunctional light — which comprises six different machine vision lights — has received UR+ certification from Universal Robots. UR+ offers systems integrators and end users an ecosystem of certified products designed specifically for use with Universal Robots’ collaborative robots, or cobots. All UR+ certified products undergo rigorous testing to validate compatibility with UR cobots.
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