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Bolder Industries, Inc., the pioneer in converting end-of-life tires into sustainable carbon black (BolderBlack®), petrochemicals (BolderOilTM), steel (BolderSteelTM), and power, announced today it has raised $80 million in equity and an additional $100 million in committed project-level funding, co-led by CIM Group and Aravaipa Ventures, and supported by strategic partner Tauber Oil, to accelerate its commercial scalability and advance its environmental, social, and governance (ESG) impact globally. Funding will support the global growth for Bolder Industries based on its proven circular solution for end-of-life tires to meet increasing customer demand, including long-term contracts from major automotive, manufactured rubber, plastics and sustainable petrochemicals partner

ExxonMobil has developed a new series of Exceed™ XP performance polyethylene (PE) grades that deliver remarkable mechanical performance with a combination of low density and fractional melt index (MI).  Exceed™ XP 7021 and Exceed™ XP 7052 offer the value chain a combination of attributes that is currently not available in a single resin.  This includes high levels of elasticity and holding force, puncture energy (up to 2.3 J/mil) and dart impact resistance (up to 900 gm on a 25.4 micron film)

Yokohama Corporation of North America (YCNA) announced that Philip Calhoun is the new plant manager/vice president of manufacturing at Yokohama Tire Manufacturing Mississippi (YTMM), its commercial truck tire plant in West Point, Mississippi.

NEXEN TIRE announced a three-year partnership as the exclusive tire for the Anaheim Ducks and Honda Center, making it the only tire company to be partnered with the California-based professional ice hockey team and arena

Custom Profile has selected Styroflex 4G80 from INEOS Styrolution, the global leader of styrenics, to supply medical device designers with safe and innovative, next generation medical tubing options

Huntsman Corporation announced that it was implementing a natural gas surcharge of Euros 125 per ton on all sales of MDI in Europe, Africa, the Middle East and India, in response to the unfortunate and unprecedented natural gas price increases in the region. The surcharge will be effective 1st October 2021 and is in addition to any previously announced MDI price increases.

Executives from SKF will participate in the Swedish American Chambers of Commerce (SACC) USA Executive Forum, held in Washington, DC, on September 30, 2021. SKF is also a sponsor of the 2021 SACC USA Executive Forum.

Wacker is showcasing two products for processing biodegradable plastics at the Compounding World Expo 2021: its VINNEX® additive system based on polyvinyl-acetate technology and its silicone-based performance additive GENIOPLAST® for many thermoplastics. Both additives enhance the processing and material properties of bioplastics. VINNEX® furthermore ensures hassle-free mixing of different biopolyesters and fillers. Latest tests show that the two additives can also be readily combined. The benefits here are optimally adjusted processing and product properties and even higher effectiveness.

Dr. Carla Recker (Continental), Prof. Dr. Dirk Prüfer (University of Münster) and Dr. Christian Schulze Gronover (Fraunhofer Institute for Molecular Biology and Applied Ecology IME) have been nominated for the Federal President’s Award for Technology and Innovation 2021 (“Deutscher Zukunftspreis 2021”) with their joint project “Sustainable tires from dandelions – innovations from biology, technology and agriculture”. The German Federal President’s Office announced this today at the Deutsches Museum in Munich. Every year, the Federal President presents the Federal President’s Award to individuals or teams for outstanding technical, engineering, or scientific innovation.