AirBoss Announces Appointment of New Chief Financial Officer

NEWMARKET, Ontario, June 02, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced that it has appointed Mr. Frank Ientile to the role of Chief Financial Officer.

“Frank brings broad experience in the diversified industrials space, in addition to specific expertise in the automotive and heavy transportation sectors, to his new role with AirBoss,” said Mr. Gren Schoch, Chairman and CEO of AirBoss of America Corp. “His three decades of financial management experience will be invaluable as we continue to work to grow each of our operating businesses and drive margins through a combination of strategies including new product introductions and continuous improvement initiatives.”

Read the source article at benzinga.com

AirBoss Announces 1st Quarter 2020 Results and Dividend

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Dividend The Board of Directors of AirBoss of America Corp. (the “Company”) has approved a quarterly dividend of C$0.07 per common share, to be paid on July 15, 2020 to shareholders of record at June 30, 2020. Consolidated Results Consolidated net sales in the first quarter of 2020 increased by 14.1% to $94,197 compared with the first quarter of 2019, due largely to the completion of the merger between the AirBoss defense business and Critical Solutions, Inc. (“CSI”) on January 1, 2020 (the “ADG transaction” or “AirBoss Defense Group transaction”). This increase was partially offset by …

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Smithers upgrades low temperature retraction testing instrumentation at rubber physical testing lab in Akron, Ohio

Smithers has invested in upgraded low temperature retraction instrumentation at its rubber physical testing laboratory in Akron, Ohio.

The new instrument offers improved temperature control for low temperature retraction testing. Additionally, the instrument is significantly more efficient, which will allow for better turnaround times for customers and improved laboratory efficiency overall.

“Our top priority is getting accurate data to our customers on time,” said Christine Domer, General Manager, Akron Labs, Smithers. “This investment was prioritized because it will allow for high precision and faster turnaround times for our customers, so they can get their products to market sooner.”

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Global Rubber Processing Chemicals Market 2020: Market Size, Demand by Product, Application and Type of Rubber

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DUBLIN, April 30, 2020 /PRNewswire/ — The “Global Rubber Processing Chemicals – 7th Edition” report has been added to ResearchAndMarkets.com’s offering. This study covers the global market for rubber processing chemicals. Demand is provided in metric tons for 2008, 2013, and 2018, with…

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Pioneering particle beam microscope increases tire analysis accuracy

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Sumitomo Rubber Industries (SRI) and Ibaraki University, Japan, have pioneered a technique to accurately observe individual compounds in a tire’s structure, to help with future tire development.

Through the use of a newly designed particle beam microscope developed at Ibaraki University, a team of researchers and engineers has been able to observe and analyze individual materials in a tire’s compound for the first time.

Read the source article at Tire Technology International

Analysis: Rubber mixing plants of the future

LONDON—Rubber mixers will have to become more automated and part of “holistic” production set-ups to deal with complexity in both the materials being processed and end use markets, according to Andreas Limper, a senior executive of HF Mixing Group.

There is a continuing rise in the number and types of tires required by the automotive industry as it brings more and more car models onto the market, Limper noted at a recent HF event in Manchester, England to mark 100 years of the Banbury mixer.

 

Read the source article at Rubber and Plastics News

Hankook Partners with Amazon for Tire Compound Prediction Modeling

Hankook Tire is partnering with Amazon Web Services (AWS) to incorporate more digital technologies such as artificial intelligence and big data.

Hankook Tire recently developed a Virtual Compound Design (VCD) system, which predicts the characteristics of tire compounds and finds an optimal combination through artificial intelligence analysis, the company says.

Read the source article at Tire Review

Sumitomo Rubber claims breakthrough for tire material observation

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Kobe, Japan – Sumitomo Rubber Industries and Japan’s Ibaraki University have jointly developed a new technique for selectively observing any of the various materials in tire rubber.

Using a new particle beam microscope developed by Ibaraki University, the “groundbreaking technique” makes it possible to evaluate the rubber that is used in mass-produced tires rather than processed test samples, said Sumitomo 23 Jan.

Read the source article at European Rubber Journal

Kraton expands line with pine-based alternatives

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CLEVELAND—Kraton Corp.’s newest products have a similar feel, and that’s a good thing.

The firm unveiled its Sylvatraxx 8000 tread enhancement additives grades, which it said are designed to optimize the balance between wet traction and rolling resistance in silica-filled passenger car tire treads, specifically for high-performance all-season tires.

Read the source article at Rubber and Plastics News

Ergon positioned to serve evolving market

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CLEVELAND—The rubber processing oils market has seen a number of changes during the years, including a shift in the focus of big refineries that aren’t likely to supply RPOs anymore and changes in materials brought on by regulations.

Read the source article at Rubber and Plastics News