Today's News

Parker-Hannifin reports record sales, increases dividend 11 percent

Parker-Hannifin Corp. reported higher sales and record profitability in its fiscal 2026 third quarter, driven by strong demand in its aerospace and industrial businesses and continued margin expansion and declared a quarterly cash dividend of $2.00 per share of common stock to shareholders of record as of May 8, 2026.

Domo Chemicals sells off engineered materials business

DOMO Chemicals announces that an affiliate of Lone Star Fund XII, L.P. has agreed to acquire its Engineered Materials (EM) business.

The proposed transaction comprises the full scope of the Engineered Materials business, including three European manufacturing sites located in Premnitz (Germany), Arco (Italy), and Gorzów (Poland), certain Belgian, German, Spanish, Polish and Indian support functions as well as the international entities operating in Haiyan (China), Mumbai (India), Seoul (South Korea) and Buford (United States).

Celanese and SharpCell Oy collaborate on carbon capture technology

Celanese Corporation and SharpCell Oy, a Finnish family-owned company producing high quality airlaid materials, announced their cooperation to help reduce greenhouse gas emissions through the use of carbon capture and utilization (CCU) technology in Celanese binders.

Trelleborg achieves partner-level supplier status with John Deere

Trelleborg Sealing Solutions has earned recognition as a Partner-level supplier for 2025 in the John Deere Achieving Excellence Program. This recognition is John Deere’s highest supplier rating. Trelleborg was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement.

PPG’s Yaqi Wo awarded 2026 Woman of Distinction in Science by Girl Scouts of Western Pennsylvania

PPG announced that Yaqi Wo, PPG head of product management and strategic initiatives, Packaging Coatings, Americas, has received the 2026 Woman of Distinction in Science award from the Girl Scouts of Western Pennsylvania. The award honors women demonstrating excellence in leadership in their respective fields and for serving as role models to girl scouts.

Lanxess named best-in-class by Dow Jones

LANXESS remains one of the most sustainable companies in the chemical industry. In the latest Dow Jones Best-in-Class Index, the specialty chemicals company ranks first in Europe in the “Chemicals” category and fifth worldwide. LANXESS achieved particularly strong results in the areas of climate strategy, water, human rights, and product stewardship.

Extrusion

Freudenberg Sealing Technologies unveils new extrusion process using molten salt

The specific properties of vulcanized materials make them essential for many areas of application. In industries such as aerospace, food and beverages and the energy sector, components must meet the highest standards of abrasion and chemical resistance, elasticity, and durability. Delivering top-quality solutions in these areas requires excellent materials expertise, and at Freudenberg Sealing Technologies this goes hand in hand with state-of-the-art production technologies: With LCM (Liquid Curing Method), the company is now commissioning an advanced vulcanizing extrusion line. This is a process in which the fluid used for vulcanization consists of molten salt, heated to around 200 degrees Celsius and filled with vulcanizing salt. The entire line operates in a closed loop, in which the salt is continuously recycled, fed back into the process and reused.

Oil, Gas & Energy

Penn State researchers develop high temperature polymer capacitor

In the race to lighter, safer and more efficient electronics — from electric vehicles to transcontinental energy grids — one component literally holds the power: the polymer capacitor. Seen in such applications as medical defibrillators, polymer capacitors are responsible for quick bursts of energy and stabilizing power rather than holding large amounts of energy, as opposed to the slower, steadier energy of a battery. However, current state-of-the-art polymer capacitors cannot survive beyond 212 degrees Fahrenheit (F), which the air around a typical car engine can hit during summer months and an overworked data center can surpass on any given day.

Latex and Natural Rubber

Sustainable materials for rubber and allied industries

Sustainability is no longer a new concept; it has become a global priority. While quality was the focus of the 1980s, globalization defined the 1990s, and the internet revolutionized the 2000s. The 2010s and after have been dominated by the idea of sustainability. Human survival depends on integrating sustainable practices into every aspect of life. The world is already witnessing alarming environmental changes: rising greenhouse gas emissions, depletion of non-renewable resources and widespread deforestation.

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