Today's News

INDCO Inc. celebrates 50 years of industrial mixing

New Albany, IN – INDCO, Incorporated is celebrating its 50th anniversary as a premier provider of mixing system solutions, specializing

Okuma America Corporation announces new distribution partnership in Brazil

Okuma America Corporation, a leader in CNC machine tools, controls, and automation systems, has announced a new partnership with Maquinas e Solucoes Servicos de Representacao e Manutencao de Equipamentos Ltda (M&S) to distribute Okuma products and services in Brazil. M&S, a member of the Molgroup of companies, will begin serving Okuma customers and prospects in Brazil immediately.

Lutz-Jesco GmbH acquires FXM line of peristaltic pumps from Valmet

Lutz-Jesco GmbH announced the acquisition of the FXM line of peristaltic metering pumps from Valmet. This strategic move enhances Lutz-Jesco’s portfolio and strengthens its global presence in industrial and municipal fluid handling markets.

Rubber World and TechnoBiz announce a new weekly E-magazine

Akron, OH & Bangkok, Thailand – TechnoBiz and Rubber World Magazine are excited to announce their new joint venture: the

Sun Chemical to add tariff surcharge on color materials products

Sun Chemical will implement a tariff surcharge on impacted color materials products, including pigments, both imported and produced in the United States.

Despite the high share of domestic production and sourcing, the recently installed tariffs significantly impact costs for base chemicals, raw materials, equipment parts and supply chain operations. With facilities across the Americas, Europe and Asia, Sun Chemical maintains the most balanced manufacturing footprint in the pigments industry and is committed to leveraging its global presence and supply chain network to mitigate cost impacts.

Nexen Tire reports positive first quarter

NEXEN TIRE has released its Q1 2025 financial results. The company recorded revenues of KRW 771.2 billion ($550 million) and an operating profit of KRW 40.7 billion. This reflects a 13.7% year-on-year increase in revenue, setting a new record for the company’s highest-ever quarterly performance and exceeding market forecasts.

NEXEN TIRE’s strong performance in the first quarter of 2025 was driven by increasing sales volume due to expanded capacity and premium products, such as 18-inch and larger tires. Earnings were boosted by additional volume from phase 2 of the Czech plant, and the company also expanded its original equipment (OE) tire supply to major automakers, allowing it to thrive despite industry uncertainties.

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