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Reliance Industries Limited (RIL), operator of the world’s largest integrated refining and petrochemical complex, has become the first Indian company to chemically recycle plastic waste-based pyrolysis oil into International Sustainability & Carbon Certification (ISCC)-Plus certified Circular Polymers. This new innovation is a testimony to RIL’s commitment in reducing plastic waste and supporting Circular Economy in India.

Liberty Tire Recycling announced the acquisition of “Empire Tire of Edgewater” in Orlando, Florida and “McGee Tire” located in Apopka, Florida. Liberty’s acquisition of Empire and McGee—leading central-Florida scrap tire collectors, graders, and haulers—expands the company’s already robust footprint in the state into the growing central Florida market. Liberty will build on the success of these two companies by bringing its industry-leading approach to collections, processing, and recycling of end-of-life tires.

Electronic Drives and Controls, Inc. (EDC) announced their attendance at the upcoming ICEC Converting Show 2024 at the Orange County Convention Center in Orlando, FL January 9-11, 2024. EDC will be available at booth #617 to discuss automation related to coating and laminating manufacturing solutions with attendees and industry professionals.

Rapala VMC Corporation has sold group’s entire injection molding business to a Finnish mold and injection molded parts manufacturer Muottituote Group Oy with an agreement signed on the December 22, 2023. With the transaction, Muottituote Group Oy acquires Rapala VMC Corporation’s subsidiary KL-Teho Oy’s real estate located in Korpilahti, Finland, along with the injection molding operations, equipment, and personnel.

PPG announced the following details for its fourth-quarter 2023 earnings release and teleconference call.

Earnings release: Thursday, Jan. 18, after U.S. stock markets close

Keflavic, Iceland – Elkem will postpone the start-up of its furnace 3 on Iceland by one month. This follows a

Petlas introduces the IND-40 —a meticulously designed tire line crafted for skid steers, aimed at enhancing performance in scrap yards, recycling facilities, and mining applications. The IND-40 series, available in two sizes—10-16.5 /138A3, and 12-16.5 / 147A3— embodies Petlas’s unwavering focus on delivering reliable and efficient solutions.

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.