INDUSTRY

Michelin restructuring, will cut jobs in U.S., France

CLERMONT-FERRAND, France—Michelin is reorganizing its operations into 10 regions and 14 business lines, an initiative that will result in close to 2,000 job cuts in France and the U.S.

EXPANSIONS

VMI to open Polish expansion in September

LESZNO, Poland—Dutch tire machinery manufacturer VMI is set to inaugurate its new Polish production plant in September, slightly later than scheduled.

INDUSTRY

Speakers added to International Latex Conference agenda

AKRON—Five additional speakers have been added to the 2017 International Latex Conference, organized jointly by Rubber & Plastics News and Akron Dispersions.

ACQUISITIONS

Trelleborg to acquire U.S. composites manufacturer

TRELLEBORG, Sweden—Trelleborg Sealing Solutions has signed an agreement to acquire Automated Dynamics, a U.S.-based, privately-owned manufacturer of advanced composite components.

ACQUISITIONS

Top Glove focuses on growth plan

SHAH ALAM, Malaysia—Top Glove is considering new set-ups through synergistic mergers, acquisitions and joint ventures, all in an effort to help boost shareholder value.

CUSTOM MIXING

Video: ExxonMobil exec says innovation is key to growth

BEACHWOOD, Ohio—An ExxonMobil official painted a bright future for the rubber industry as long as the key players along the entire value chain focus on innovation and the factors driving rising demand.

AUTOMOTIVE

Degenhart: Conti to keep its balance amid high-tech shift

HANOVER, Germany—Continental will maintain the position of rubber-based businesses within the group even as it moves to become a leading player in the field of autonomous and connected vehicle technologies, according to CEO Elmar Degenhart.

AUTOMOTIVE

ZF reinvents itself to prepare for digital future

FRIEDRICHSHAFEN, Germany—Formed in 1915 to make gears for zeppelins and long known as a maker of transmissions and suspension components, ZF Friedrichshafen is amid a radical transformation from its origins as a specialist in metal gears...

GOVERNMENT/LEGAL

Chemours to stop fluoropolymer byproduct disposal in U.S.

WILMINGTON, Del.—Chemours will voluntarily stop the disposal of wastewater that contains the byproduct GenX, generated from fluoromonomers production at its manufacturing plant in Fayetteville, N.C.

INTERNATIONAL

Michelin, Safran unveil 'connected' aircraft tire at Paris Air Show

PARIS—Michelin and French aircraft systems manufacturer Safran Group introduced what they described as "the world's first" connected aircraft tire during the Paris Air Show.

AUTOMOTIVE

Site work at Nokian's Tennessee plant to start in August

DAYTON, Tenn.—Site preparation work for Nokian Tyres' $360 million Dayton tire plant is scheduled to start in August.