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Yokohama Rubber announces new medium-term management plan, Yokohama Transformation 2026

RubberWorld 624 Views

Under YX2026, Yokohama Rubber will further advance the “exploitation” of the strengths of its existing businesses and the “exploration” of new value and complete the transformation begun under YX2023 while being mindful to not leave any negative legacies for the next generation. Under this guiding philosophy, management will resolutely implement the growth strategies established in each business as it aims to achieve “Hockey Stick Growth” during YX2026 to fiscal 2027. Management’s targets for fiscal 2026, the final year of YX2026, are sales revenue of ¥1,150 billion, business profit of ¥130 billion, a business profit margin of 11%, and ROE of more than 10%.

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Synco Group USA names Alex Winchester sales manager

RubberWorld 293 Views

Alex Winchester, comments on joining the GlocalTeam: “SYNCRO GROUP has shown an unparalleled commitment to investing resources and talent in ambitious projects like the American one and I’m looking forward to getting to work to contribute to its ongoing success. I am sure that together we will be able to achieve extraordinary goals and make the difference in the American market.”

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Rubber flooring market forecast at $252 billion in 2031

RubberWorld 1240 Views

According to Adroit Market Research, the size of the Rubber flooring market is expected to be worth US$ 252.0 billion in 2031, growing at a CAGR of 6.1% from 2021 to 2031. Rubber flooring’s wide range of uses in a variety of settings and sectors has led to the market’s notable expansion in recent years. Rubber flooring is a category of resilient flooring composed mainly of synthetic or natural rubber materials. High-traffic locations like gyms, hospitals, schools, and commercial spaces are a great fit for this material because of its reputation for durability, slip resistance, sound absorption, and ease of maintenance. Rubber flooring can be laid in a number of ways to accommodate different needs and preferences. It is available as tiles, sheets, and mats.

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Life for Tyres Group to establish $46 million tire recycling facility in Louisiana

RubberWorld 922 Views

The recycling and manufacturing plant, L4T Louisiana LLC, will convert end-of-life tires into high-quality sustainable commodities such as advanced biofuel feedstock, recovered carbon black and scrap steel. L4T expects to create 46 direct new jobs in St. John the Baptist Parish. Louisiana Economic Development estimates the project will result in 151 indirect new jobs, for a total of 197 potential new jobs in the Southeast Region.

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StatLab launches new injection molding facility in Arlington, Texas

RubberWorld 536 Views

StatLab Medical Products (StatLab) announces the commencement of injection molding manufacturing at a new, state-of the-art histology consumable manufacturing facility in Arlington, Texas. This represents a new era of innovation and transformational opportunity for StatLab with a new essential manufacturing capability for histology solutions now actively operating in the United States.

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Market ReportsNewsrss5

Carboxylated nitrile rubber market forecast with a CAGR of 8 percent

RubberWorld 648 Views

The medical-grade segment is to garner a highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. Infection control is a critical concern in healthcare settings. Medical-grade XNBR’s resistance to chemicals, oils, and sterilization methods is highly valuable in applications such as sealing and gasketing in medical equipment and devices. This contributes to reducing the risk of contamination and infection, further driving its adoption. The global infection control industry is expected to reach USD 30.9 billion.

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