Tokyo – Bridgestone Corp. has unveiled what it describes as the “world’s first” polymer that bonds rubbers and resins on the molecular level. Named Susym, the “next-generation” polymer material is expected to find applications in various fields that exceed the scope of use as a tire material, the Japanese tire & rubber company announced 11 Oc. The product, said Bridgestone, is the next step in the evolution of the company’s “high strength rubber”, unveiled in May 2018.
NOVI, Mich.—Cooper Standard intends to implement several restructuring initiatives to its global operations, including the closure of 10 global facilities.
HAMBURG, Germany—Covestro A.G. has completed the sale of its European polyurethane systems house business to a U.S. private equity firm, and the new business now has a new CEO and a new name: Plixxent.
Starting from September 23, 2019, speciality chemicals company LANXESS will be listed in the Dow Jones Sustainability Index (DJSI) World for the ninth time in succession, at fourth place in the “Chemicals” category. LANXESS will also be included in the DJSI Europe for the third time in a row – as the second-best company in its industry.
3M Canada has announced the appointment of Craig Jalbert to the position of Business Leader, Automotive Aftermarket Division, effective from July 1.
Jalbert steps into his new role with 15 years of experience in the automotive industry. He has worked in several key management positions in sales and marketing in 3M Canada’s Automotive Aftermarket Division. Before being promoted, Jalbert was serving as the Marketing Operations Manager.
KATY, Texas, July 30, 2019 /PRNewswire/ — U.S. Silica Holdings, Inc. (NYSE: SLCA), a diversified industrial minerals company and the leading last mile logistics provider to the oil and gas industry (the “Company”), today announced net income of $6.2 million, or $0.08 per basic and…
Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, announced the release of its 2019 Sustainability and Corporate Social Responsibility (CSR) Report, which showcases how Trinseo is meeting or exceeding the highest standards of safety and environmental performance, while developing innovative solutions that benefit our world. This is the ninth report since the Company’s formation in 2010, and has been prepared in accordance with the Global Reporting Initiative (GRI) Standards Core Option.
BATESVILLE, Ind.—Hillenbrand Inc., the Batesville-based parent company of compounding extruder maker Coperion and auxiliary equipment firms K-Tron and Rotex, is buying Milacron Holdings Corp. in a cash and stock deal valued at about $2 billion.
Executives of both companies said one key area will be in extruders, making a combined, stronger and more diversified company.
LUDWIGSHAFEN, Germany—BASF is looking to take a big step forward in the the footwear industry by investing in research and development worldwide.
In 2018, the German plastics and rubber machinery manufacturers generated a turnover plus of 2% again compared to the previous-year period. “The growth rate of 3% originally predicted for 2018 could not be reached. Nevertheless, we are pleased about the positive all-year results as in particular towards the end of the year, deterioration of the market became already apparent”, explains Ulrich Reifenhäuser, Chairman of VDMA Plastics and Rubber Machinery.