Japanese chemicals giant Resonac Corp. announced it will raise prices for its Showprene chloroprene rubber by more than ¥50 per kilogram, effective for deliveries starting July 1. The move follows a 15 June company statement citing severe cost pressures driven…
Michelin has launched an AI-powered assistant for its Connected Fleet platform, designed to provide UK fleet operators with instant operational insights via typed prompts. The tool, available through the MyConnectedFleet web platform, allows fleet managers to query and generate reports…
Danish tire recycler Genan has finalized a deal to acquire a tire recycling plant in Weiden, Germany, from ATU Group as part of its European expansion strategy. The facility, located in southeastern Germany, has an annual processing capacity of 45…
Japanese chemical giant Zeon Corp. has launched its first subscription-based digital service: a cloud-based R&D data management platform tailored for elastomer development. Initially available only to customers in Japan, the platform aims to solve a long-standing industry issue—fragmented R&D data—by…
Natural rubber (NR) futures ended the final full trading week of June sharply lower, amid stronger supply and lower crude prices. According to the Japan Exchange Group (JPX), commodity funds and speculators unwound long positions, triggering widespread stop-loss selling. Over…
Michelin’s fleet management arm, MICHELIN Connected Fleet, has launched an AI-powered assistant inside its MyConnectedFleet web platform, promising fleet managers instant answers to operational questions that once took hours of manual digging. The MICHELIN AI Assistant taps into real-time fleet…
Polestar Automotive Holding UK has been denied authorization to sell future model-year 2027 vehicles in the U.S. under new connected-vehicle regulations targeting Chinese technology, the Swedish EV maker confirmed. The rules, introduced by the Biden administration, restrict connected vehicles with…
Tesla has quietly settled a lawsuit related to a fatal 2023 crash in Arizona involving a Model Y using its Full Self-Driving system. The crash, which resulted in the death of 71-year-old Johna Story, prompted an investigation by the National…
A.P. Moller-Maersk A/S has raised its 2026 profit outlook, citing robust demand—particularly in Asia—and a container market expected to remain healthy through the rest of the year. The Copenhagen-based shipping giant announced the upgrade in a statement on June 29,…
Uber has quietly shut down its Waymo robotaxi service in Phoenix, Arizona, ending a limited pilot program that began in 2023. The move follows hundreds of thousands of autonomous rides completed under the partnership, which also included on-demand food deliveries…