– Hankook Tire introduced its exclusive technology system for ‘iON,’ a tire brand designed for electric vehicles (EVs), to accelerate the efficiency in Research & Development (R&D) process and to enhance customer communication.
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– Dow recently won five R&D 100 Awards, including three R&D 100 Product Awards, R&D Researcher of the Year for 2023 and a special recognition for Corporate Social Responsibility. Marking its 61st year, the R&D 100 Awards program is universally recognized as a highly prestigious accolade within the research and development (R&D) community.
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Local governments, businesses, and nonprofit organizations throughout southwest Ohio are receiving more than $1.3 million this year in grants from Ohio EPA to implement recycling, litter prevention, market development, and scrap tire recycling programs
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INVISU™ 7007 Water-Borne Adhesive from Dow has been developed to address label recycling demands while expanding the possibilities of label performance. Featuring excellent adhesion and tack, high solids content for high-speed processing on state-of-the-art coating machines, INVISU™ 7007 wash-off label adhesive performs like available high-performing general purpose filmic label (GPFL) adhesives, while allowing for better recycling. As shown in testing trials, INVISU™ 7007 wash-off label adhesive allow for polyolefin-based (PE, PP) filmic labels to be separated during recycling in the washing step and to produce pure flakes for new materials.
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The global latex mattress market is predicted to reach US$ 20 Billion by 2032, growing at a CAGR of 7% during the forecast period 2022-2032 according to Future Market Insights. As of 2021, the industry was valued at US$ 9.7 Billion, and is expected to reflect a Y-o-Y growth rate worth 5.1% to reach US$ 10.2 Billion by 2022.
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Scandinavian Enviro Systems has contracted Mårten Wikforss as responsible for the company’s communications and investor relations. Wikforss is an independent communications advisor with a focus on cleantech and greentech companies and has, among other things, been the communications and IR manager for the fuel cell company PowerCell Sweden AB. Wikforss has a long-standing past as information manager within AB Volvo, including in the role of Executive Vice President, Corporate Communication.
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In 2023, the Plastic-Rubber Composite Market is expected to be worth US$ 2,170.9 million. The market is expected to reach US$ 3,638.5 million by 2033, expanding at a 5.3 % CAGR throughout the forecast period according to Future Market Insights. In comparison to single materials, these composites offer better performance characteristics. These composites can improve the overall performance, safety, and comfort of automobiles by combining the qualities of both plastic and rubber, such as impact resistance, durability, noise reduction, and vibration dampening.
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End-use industries are rapidly inclining towards synthetic rubber over natural rubber in the automotive tire industry which is expected to bolster growth in the styrene butadiene rubber market. Over recent years, the use of synthetic rubbers such as styrene-butadiene has witnessed impressive growth due to technological advancements coupled with rising applications in the industrial and automotive sectors. Backed by these factors, Future Market Insights (FMI) expects styrene butadiene rubber sales to reach US$ 18,079.6 Million in 2032.
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DuPont announced a definitive agreement to sell an 80.1% ownership interest in the Delrin® acetal homopolymer (H-POM) business to TJC LP (TJC) in a transaction valuing the business at $1.8 billion.
TJC has received fully committed financing in connection with the transaction, which is expected to close around year-end 2023, subject to customary closing conditions and regulatory approval.
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Scandinavian Enviro Systems has recruited Björn Larsson as head of strategic purchasing and Josefin Wallman as program manager. Björn Larsson will have responsibility for purchasing in connection with new recycling plants and Josefin Wallman will act as project manager for the establishment of future recycling plants, including the planned plant in Uddevalla. Larsson and Wallman are both members of the company’s management group and have been assigned roles that are central for the execution of the expansion plan previously announced by Enviro and Antin Infrastructure Partners.
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