Industry
U.S. regulations designed to curb carbon emissions have guided the automotive industry during the Biden administration. Now auto makers will reassess their plans as President-elect Donald Trump moves back to the White House.
The seasonally adjusted annualized rate of sales in October came in at 16.18 million, the second-highest reading of the year.
Premier Industrial Hose Manufacturing Ltd. is succeeding in the custom niche hose sector with is made-to-order products. "We were born to do whatever the others don't, or don't like to do. Odd sizes, odd hoses," Vice President Marco Giusti said.
Dallas-based materials firm Celanese faces sharp declines in key markets and plans cost-cutting measures through 2025.
Michelin is making its mark on the "beyond tires" space, anticipating the sector will make as much as 20-30 percent of its sales by 2030. And the work Michelin's non-tire businesses do in the aviation industry is proof.
The report, unveiled at AAPEX in Las Vegas, provides analysis and forecasts on the continuing shift toward electrification.
Natural rubber futures continued a downtrend for a seond week in a row, hitting their lowest levels in four weeks, according to JPX.
A Northeast Ohio school district is teaming up with the Akron-based Sustainable Polymers Tech Hub to enable its students to gain entry into the polymers industry.
Wevo-Chemie GmbH and Zelu Chemie GmbH are under new leadership, with Frank Naumann as the new CEO of both companies, effective Nov. 1, and a new management team.
Sumitomo Rubber Industries is closing its factory in Tonawanda, N.Y., and dissolving its Sumitomo Rubber USA subsidiary there, resulting in the loss of over 1,500 jobs.
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