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...
Industry
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...
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...
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)...
Denka to Establish JV With SCG Chemicals in Thailand for Acetylene Black
Denka on October 18 signed a contract with SCG Chemicals (SCGC: headquartered in Bangkok, Thailand) to establish a joint venture company to manufacture and sell acetylene black. The investment ratio is 60 percent for Denka and 40 percent for SCGC. The production facility to be jointly launched by the two companies after the establishment of the joint venture is expected...
Yokohama Rubber’s All-Season Tire for Trucks Wins Good Design Award
Yokohama Rubber’s BluEarth 711L, an all-season tire for trucks that emphasizes fuel-efficient performance, has received the 2022 Good Design Award. This product is the first heavy-duty truck tire in Japan to bear the BluEarth brand name for fuel-efficient tires, and achieves the highest fuel efficiency in the company’s truck tire history. In addition, the new tire offers the same or...