Today's News

Huntsman Polyurethanes secures ISCC+ certification for TPU

untsman announced that its Thermoplastic Polyurethane (TPU) manufacturing sites in Jinshan, China, and Osnabrück, Germany, have successfully secured ISCC+ Certification – the globally recognized standard for sustainability and traceability in supply chains.

Greene Tweed won best Innovation Award at RoTIC 2024

Greene Tweed announced that it was awarded the Best Innovation Award at the RoTIC Symposium 2024, the Middle East’s leading Rotating Machinery Technology and Innovation Technical Conference and Expo. The accolade recognizes Greene Tweed’s significant contributions to improvements in maintenance and reliability in rotating equipment, and its impact on plant performance.

Arkema announces increase in PVDF capacity in North America by 15 percent

This 15% capacity expansion of Arkema’s PVDF production site in Calvert City, Kentucky, represents an investment of around 20 million US dollars and is aligned with the strategy of the Group to increase its global PVDF footprint at a pace and with capabilities that match market development. This will support the increasing demand for locally manufactured high-performance resins for lithium-ion batteries as well as the growing semiconductor and cable markets.

Continental reports lower sales for 2024 with proposed dividend of €2.50 per share

Continental continued to improve its earnings and achieved its corporate targets in the past fiscal year. Against the backdrop of a weak macroeconomic environment, especially in its core market of Europe, and a global downturn in automotive production, the company’s focused implementation of its value-creation strategy is proving effective. The Executive Board’s decision to spin off the Automotive group sector is another important step toward leveraging Continental’s full potential for creating value. Despite a global automotive market that is expected to continue to decline, the technology company is targeting an increase in earnings for 2025 (consolidated sales of around €38.0 billion to €41.0 billion and an adjusted EBIT margin of around 6.5 to 7.5 percent). This will primarily be achieved through the measures taken to improve earnings. Continental therefore expects an increase in its adjusted earnings margin, particularly in the Automotive and ContiTech group sectors.

Elementis announced the launch of Charguard fire-retardant synergist portfolio

Elementis announced the launch of its innovative CHARGUARD™ fire-retardant synergist portfolio in China and the Asia Pacific (APAC) region. Featuring three advanced products—CHARGUARD™ 1000, CHARGUARD™ 2000, and the latest addition, CHARGUARD™ 2010—the portfolio is manufactured using sustainably sourced, smectite-based organoclays, ensuring compliance with the highest international environmental and regulatory standards. The locally sourced CHARGUARD™ 2010 is produced in China to meet the specific needs of manufacturers in the region.

Apollo Tyre and French Institute of India celebrate eight inspiring women entrepreneurs

Apollo Tyres recognized the achievements of 8 exceptional women entrepreneurs from Project Navya, an initiative by Apollo Tyres Foundation (ATF), aimed at empowering rural women. The inspiring event was organized in collaboration with the French Institute in India (IFI), and was honored by the presence of Dr Thierry Mathou, Ambassador of France to India, and Onkar Kanwar, Chairman, Apollo Tyres Ltd.

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