Sumitomo Rubber Industries, Ltd. announced a collaboration with Sumitomo Riko Company Limited and Sumitomo Electric Industries, Ltd. This initiative is designed to further the development of recycling technologies, paving the way for a circular economy.

Compared with 2022, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to change by 5.6%, -0.5%, and 0.0% respectively, with a total increase of 2.3 million units. Replacement passenger, light truck and truck tire shipments are also projected to change by -1.5%, -3.6%, and -16.0% respectively, with a total decrease of 8.9 million units

Ashland has launched iSolve™ pharma, a pharmaceutical customer portal where customers can easily access robust information about the company’s pharmaceutical offerings and other important related business material such as our most recent innovations, literature, product, and regulatory data sheets and more.

With a global workforce of approximately 2,200 employees and annual revenue of about $500 million, Spectrum will become part of the Industrial Solutions line of business within the Electronics & Industrial segment. Spectrum’s strategic focus on key, fast-growing therapeutics areas such as structural heart, electrophysiology, surgical robotics and cardiovascular complements DuPont’s existing offerings for biopharma and pharma processing, medical devices and packaging, including DuPont’s LiveoTM silicone solutions and Tyvek® Medical Packaging

The global retread tire market is expected to attain a valuation of US$ 11.2 billion in 2023, and is projected to reach US$ 20 billion by 2033. From 2023 to 2033, sales of retread tires are likely to rise at a CAGR of 6% according to Future Market Insights.

Spanning 4,000 sqm of space, the warehouse has a storage capacity of 4,000 pallet positions, including 500 in its temperature-controlled room, 500 in its dangerous goods (DG) area, and 3,000 in its ambient warehouse. It serves as a hub for storing and distributing a diverse range of chemicals and ingredients catering to various industries, such as Food & Nutrition, Personal Care (PC), Home Care, Institutional & Industrial Cleaning (HI&I), Water Treatment, Pharma, Material Science, and other process chemicals.