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Prashanth Mahendra-Rajah elected to Goodyear board of directors

“We are pleased to welcome Prashanth Mahendra-Rajah to the Goodyear board of directors,” said Goodyear chairman, chief executive officer and president, Richard J. Kramer. “Prashanth’s expertise in finance, analysis and strategic planning has made him a highly valued leader throughout his career. Among his accomplishments as a senior executive, Prashanth has helped position global companies for transformative growth following mergers and acquisitions. His extensive background in technology industries combined with a general manager mindset will be extremely valuable to Goodyear and its shareholders as the company focuses on future mobility.”

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Mobile industrial strength air purifier cleans air of particles and VOCs, destroys airborne viruses

ProMark Associates is known for engineering highly effective clean air solutions for large commercial businesses and buildings worldwide. Their newest clean air product is the ProGuard mobile air purifier. Not to be confused with small portable air filters that are better suited to filtering residential size rooms, this industrial grade system can remove particles, VOCs and pathogens. It can deliver six air changes per hour (recommended by the ASHRAE trade group) in a room of up to 1,500 square feet. The mobile air purifier is powerful, quiet, and can be easily rolled into place on its casters.

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Market ReportsNewsrss6Silicone & Medical

Construction silicone market in the Americas forecast at $1.2 billion by 2025

America’s construction silicones market size is forecast to reach around $1.2 billion by 2025, after growing at a CAGR of 6 percent during 2020-2025. Silicones are polymers composed of many repeated subunits of siloxane. An increase in the standard of living has increased the construction activities in America, which in turn boosted the use of silicone for adhesives and tapes. Silicone rubbers are also used as a sealant in windows and doors to insulate the building from heat and moisture. Moreover, rising environmental concerns and the presence of substitutes such as urethane based sealants and polysulfide sealants act as a restraining factor for the growth of America’s construction silicones market.

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Tokai Carbon CB Ltd. to increase prices on carbon black in North America

Tokai Carbon CB Ltd. announced it will increase carbon black prices $150 per metric ton on all products manufactured in North America effective July 15, as allowed by contracts and agreements in place at this time. This price increase allows Tokai Carbon CB to continue investing in projects that sustain and improve mechanical reliability, as well as cover rising operational and raw material costs. Additionally, the price increase helps to cover higher costs being realized with on-going consent decree projects. Tokai Carbon CB maintains its commitment to answer the call for its customers’ needs and appreciates the long-standing partnerships.

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Market ReportsNewsrss6

Global rubber bonded abrasives market forecast at $1.59 billion by 2026

The global rubber bonded abrasives market is accounted for $1.13 billion in 2017 and is expected to reach $1.59 billion by 2026, growing at a CAGR of 3.9 percent during the forecast period. Growing application in transportation and electrical and electronics industries is one of the major factors boosting the market growth. However, the shifting base of pollution causing producers may hamper the market growth.

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Market ReportsNewsrss6

Flame retardant chemicals market forecast with 5 percent CAGR through 2029

The flame retardant chemicals market was dominated by Asia-Pacific for the year 2020. China alone accounts for nearly a quarter of worldwide flame retardant demand. China’s high demand is fueled by the country’s growing chemical and automobile industries. India is also anticipated to grow its market share in the global market as a result of increased foreign investment. In North America, on the other hand, the market will grow significantly in the coming years because fire safety in all end products is mandatorily regulated. In addition, due to the growing use of these products by the automotive industry, the Europe market will show significant growth in the next few years.

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