Developing and utilizing new technology always has been key to advancing the rubber industry. And those companies that are at the forefront of such developments give themselves a better chance for long-term growth and survival.

MUNICH—Wacker plans to slash more than 1,000 jobs by the end of 2022 as part of an efficiency program that aims to save $270 million each year.

LOSSBURG, Germany—The owners of Arburg have purchased RepRap, a German maker of 3D printing systems for liquid silicone rubber.

MALMO, Sweden—Mikael Fryklund, Hexpol's president and CEO, has parted ways with the company.