MUNICH—Mitsubishi Chemical has developed an auto-foaming thermoplastics elastomer material, which is said to deliver significant weight savings in automotive sealing profiles.

NOKIA, Finland—In anticipation of "significant additional operating costs" this year, Nokian Tyres is implementing several cost-cutting strategies, including job cuts.

TROY, Mich.—Dayco has named Joel Wiegert as its new CEO.

DUESSELDORF, Germany—Davis-Standard will be highlighting a range of extrusion and converting technologies in the upcoming K show in Duesseldorf, Germany.

BEIJING—China's tire production and sales volume recorded the first drop in more than two decades in 2018, against the backdrop of the first global downturn for the automotive industry in the past ten years.

COLUMBUS, Ohio—Rick Barnes brought his 45 years of plastics experience to Columbus, where he detailed safety around injection molding machines at the Environmental Health and Safety Summit.

HSINCHU, Taiwan—Plastic injection molding simulation technology supplier CoreTech System (Moldex3D) has partnered with Austrian machinery maker Wittmann Battenfeld to advance liquid silicone rubber injection molding and smart manufacturing.

WILMINGTON, Delaware—First half adjusted EBITDA in the Fluroroproducts division of Chemours fell by 22.2 percent compared with the first half of 2018.

TRAVERSE CITY, Mich.—Autonomous vehicles may be a key to future transportation, but they shouldn't be the sole solution for auto makers and city planners, warns Alisyn Malek, chief operating officer of self-driving shuttle company May Mobility.