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Toyo Tire U.S.A. Corp. (Toyo Tires®) announces the all-new Toyo® Proxes® R DOT competition tire, designed for dry road racing and high-performance driving on the track. The Proxes R builds upon the legacy of its predecessor, the Proxes® RR, offering racers quicker lap times, improved stability, and heightened responsiveness. The Proxes R has a new tread compound and reinforced sidewall for more grip and precision. Grassroots racers, track day enthusiasts, and those honing their skills at high-performance driving experiences will enjoy the exhilarating feeling of the Proxes R while achieving their best laps of the day.

TotalEnergies Corbion, producers of Luminy® PLA, has joined the United Nations Global Compact initiative, committing to ten principles on human rights, labor, environment, and anti-corruption. The UN Global Compact aims to align businesses with sustainability principles and accelerate the achievement of the UN Sustainable Development Goals (SDG’s). This voluntary initiative relies on CEO commitments to implement universal sustainability principles.

Chase Corporation announced the successful completion of its acquisition by affiliates of KKR, a leading global investment firm, for $127.50 per share. As a result of the completion of the transaction, Chase common stock has ceased trading and will no longer be listed on the NYSE American.

Albemarle Corporation announced that Cynthia Lima has been promoted to senior vice president, chief external affairs and communications officer.

“We operate in an increasingly interconnected world, where our ability to engage with key stakeholders and the communities where we live and work is critical to our success,” said Albemarle CEO Kent Masters. “Cynthia’s leadership in navigating complex global issues across our footprint is evident today and will be increasingly valued as Albemarle continues to grow.”

Milliken & Company received a gold rating on its 2023 EcoVadis assessment. EcoVadis provides trusted business sustainability ratings for more than 100,000 organizations representing more than 200 industries. Milliken’s 2023 EcoVadis score, assessed across its specialty chemical, textile, floor covering, and healthcare operations, places the company in the top 2% of organizations rated.

HEXPOL has acquired 100% of the shares in the American TPE Compounder Star Thermoplastic Alloys and Rubbers, Inc. (“Star Thermoplastics”) from Thomas A. Dieschbourg. Through the acquisition, HEXPOL establishes presence on the growing American TPE market. Thomas A. Dieschbourg founded the company in 1993 and has developed the company into a technically advanced TPE company. Thomas A. Dieschbourg will remain as the President of the company.

The Tennessee Department of Environment and Conservation (TDEC) announced grants totaling over $2.25 million for rubber recycling efforts in the state of Tennessee from the states’ Tire Environmental Act Program

TI Fluid Systems completed the acquisition of Cascade Engineering Europe (CEE), a Hungarian-based leader in the design and manufacturing of thermal fluid connectors and other complex plastic injection molded components for the automotive industry.