Industry

Toyo Tires Set to Show Off New Products on 28 Vehicles at SEMA Show 2022

Toyo Tire U.S.A. (TTC) has announced that it will be running a booth at the SEMA Show 2022, an event being held in Las Vegas over Nov. 1–4. Organized by the Specialty Equipment Market Association (SEMA), the SEMA Show is one of the world’s largest trade shows for aftermarket auto parts. And with 70,000 buyers from around the world expected...

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Denka Transfers Cement Sales Business to Taiheiyo Cement

Chemical company Denka decided on October 25 at a meeting of its board of directors to transfer its cement sales business to a newly established wholly owned subsidiary, and to transfer all shares of the new company to Taiheiyo Cement. It also resolved to completely withdraw from the limestone mining and cement manufacturing business by the first half of 2025....

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Toyo Tires Declares Support for TCFD Recommendations, Moves to Bolster Information Disclosure

Toyo Tires has declared its support for the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Driven by climate change, recent years have brought a raft of abnormal weather events – including heavy rains and flooding – as well as frequent natural disasters. And this has had an impact on the Toyo Tires Group as well, increasing the...

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Mitsui Chemicals to Produce Chemical Recycled Polyethylene Derived from Waste Plastic

Mitsui Chemicals has concluded a basic purchase agreement with Shell Eastern Petroleum regarding the procurement of ethylene derived from waste plastics. Following this agreement, Prime Evolue Singapore, a subsidiary of Mitsui Chemicals group company Prime Polymer, will begin efforts to produce chemical-recycled polyethylene derived from waste plastics. Shell’s waste plastic-derived ethylene has obtained ISCC Plus Certification (International Sustainability and Carbon...

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Lanxess Certifies Carbon Footprint of Its PA6, PBT & Glass Fibers

German chemical company Lanxess has obtained certified carbon footprint values for the base resins used in its Durethan polyamide (PA) and Pocan polyester (PBT) products. The company will now be able to provide these values to its customers in the plastic processing sector. Certification here was carried out by an accredited certification body, and covers not only PA6 precursor caprolactam...

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Marubeni Acquires Stake in Israeli Airless Tire Developer for Agricultural Machinery

Marubeni has acquired a stake in Galileo Wheel (Galileo), an Israeli company that develops airless tires with a unique structure. The Cup Wheel tire developed by Galileo, in addition to having airless performance, has an enlarged ground contact area compared to conventional tires, which increases traction and improves productivity. It also reduces compaction (pressure on the ground surface, tread pressure)...

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