Taipei prosecutors and the Investigation Bureau raided Evergreen Marine Corp.’s premises on July 6, 2026, as part of a suspected insider trading investigation linked to a 2023 related-party transaction valued at NT$13.35 billion (approximately $417 million). Nine individuals are being…
The US Environmental Protection Agency (EPA) has reached a $996,703 settlement agreement with Denka Performance Elastomer (DPE) over alleged hazardous waste violations at the company’s currently idled chloroprene rubber production facility in LaPlace, Louisiana. Under the agreement, Denka must certify…
Covestro has completed the acquisition of two production sites for hexamethylene diisocyanate (HDI) derivatives in Thailand and the US. The transaction, which was completed on 1 July, covers the former Vencorex facilities in Rayong, Thailand, and Freeport, Texas. The acquired…
Chinese tire maker General Science has formed a joint artificial intelligence laboratory with two Chinese research organisations, the Nanjing Institute of Artificial Intelligence Innovation and Nanjing Fangcun Zhiwei Technology. The laboratory, named the ‘general artificial intelligence application innovation laboratory,’ will…
Pirelli has agreed to acquire a 24.99% stake in Italian mobility startup RIDEsense, a spin-out from the University of Naples Federico II and the MegaRide Group. The strategic partnership aims to strengthen Pirelli’s ‘Cyber Tyre’ platform with advanced virtual sensor…
Continental AG has agreed to sell its ContiTech industrial and materials arm to investment firm Lone Star Funds in a deal worth €4.0 billion. The sale includes performance-based payments of up to €250 million and is expected to generate cash…
The European Rubber Journal has introduced its July brainteaser, a weekly challenge with questions of varying difficulty. The first question is: Not double 109.4, 218.7, 437.4, 874.9, _?_. Readers are invited to email their answers, with correct replies to be…
The EU27 chemical industry has shown signs of improvement during the first quarter of 2026, but the recovery remains ‘fragile’ due to weak demand, high energy costs, and global trade risks. According to the European chemical industry council Cefic, business…
Malaysian glove giant Top Glove Corp. has posted a 64% year-on-year surge in profit after tax for the first nine months of its 2026 financial year, which ended 31 May. The company reported profit after tax of RM151 million (€32.4…
Shandong Chenhong Chemical Technology Co., a Chinese chemicals producer based in Weifang, Shandong province, has launched a new project to expand its rubber additives production capacity. The expansion will add 3,000 tonnes per year of rubber additives and 1,000 tonnes…