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8By carefully realigning its ContiTech group sector, Continental AG hopes to improve its effectiveness, efficiency, and closeness to customers and markets. The relocation will put a special emphasis on combining ContiTech's automotive and industrial businesses into one entity while growing the former into three regional markets.
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8The company has reported "all-time high" revenue and significant operating profit growth for 2022, mostly as a result of strong pricing and increasing sales of big tires with high added value.
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8Waste tire recycler Scandinavian Enviro Systems has received a follow-up order for pyrolysis oil, with an approximate value of SEK4.7 million (€415,000).
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8In the first three quarters of its fiscal year, Apollo Tyres had significant growth, surpassing prior-year levels in both sales and operating profit. The Indian tire manufacturer reported an increase in operating profit for the nine months ending in December.
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8Over the next five years, the Rubber Board of India has declared intentions to increase the country's natural rubber (NR) cultivation area. As there are few suitable lands in the southern state of Kerala, the new plantations would be situated in the northeastern part of the nation.
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8The next European Coatings Show will include the debut of two new silicone resin binders from WACKER. For producing industrial coatings that can endure high temperatures, both products are appropriate.
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8Learn what the third quarter (Oct. to Dec.) and 9M (Apr. to Dec.) of the company's unaudited financial statements for the fiscal year 2022–23 have to say.
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8With a 10-year commercial history, Keltan Eco is a biodegradable and ecologically derived EPDM product range from ARLANXEO. This webinar will also feature a novel strategy that is expanding the business's sustainable portfolio and is based on ISCC+ certification criteria.
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8Elkem has made the decision to temporarily shut down one furnace at Bremanger in Norway in order to partially reduce output there. Low silicon sales and high power costs are to blame for this. Customers or staff won't be impacted by the choice.
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8Due to the lacklustre demand from wholesale purchasers, natural rubber prices somewhat decreased today in Kerala's main markets, according to local dealers. Prices in Kerala have been trending slightly downward since Monday.
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8The reference to "Saptarshi” the seven sages who laid the very cornerstone of "Dharma" could not be more appropriate for a budget that prioritizes long-term growth policy to establish the foundation of "Amrit Kaal."
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8The majority of the planned oil and gas projects in Saudi Arabia that are anticipated to start up between 2023 and 2027 will be petrochemical projects, making up around 61% of the total projects.
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8Following the signing of an initial agreement on January 31, the Japanese refiner Idemitsu and the oil producer J-Oil Mills want to collaborate in the manufacture of sustainable aviation fuel (SAF), plastics recycling, and the usage of bio-petrochemical products.
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8In order to improve domestic sourcing of the petrochemical feedstock, India has raised its import tariff on naphtha, according to budget papers made public by the government on 1 February.
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8Find out more about what is in the National Pharmaceutical Pricing Authority's notification dated January 2023 relating to the fixation of the retail price.
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8Since hosting COP27 in November 2022, when multiple agreements to construct green hydrogen and ammonia projects were inked, the Middle East has roared back to life. However, the region is now looking beyond hydrocarbons as well. Could the next regional hydrogen centre be in Egypt?
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8Get the latest rubber prices for Singapore.
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8The Surat-based partnership company engaged in the trading of textile dyes, chemicals, polyester filament yarn, and plastic granules. How is the company doing?
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8The thermoplastic fibre composites made by Covestro will no longer be produced. Additionally, it will stop connected manufacturing at the Markt Bibart location during the year.
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8Leading chemical PET recycling company Revalyu Resources will spend USD 50 million on its first plant in the USA as part of the initial stage of its strategic growth. The company hopes to recycle up to 450,000 pounds of post-consumer plastic bottles every day.
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8As part of its ongoing efforts to fortify its extensive worldwide network of methionine manufacturing facilities, Evonik has spent €25 million in the development and expansion of its methyl mercapto-propionaldehyde (MMP) production plant in Germany.
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