The Polymer Industry Cluster, in partnership with The University of Akron (UA), has announced the selected location for a new innovation pilot facility dedicated to provide crucial resource for innovators by offering the specialised space and equipment needed to transition new materials from research to market.

A significant advancement for Northeast Ohio's polymer industry, the new scale-up facility will be built on the UA campus next to the existing National Polymer Innovation Center building. This proximity is designed to foster a powerful collaborative environment, giving users direct access to the centre’s advanced resources and expertise. Its location at the heart of the region's polymer corridor will provide a centralised hub for businesses and researchers across the area.

A primary goal of the initiative is to fill a recognised void in the product development cycle. The facility will offer turnkey operational space for both startups and established companies to conduct initial production runs and refine their manufacturing processes before committing to full-scale commercial operations. This support is vital for de-risking innovation and accelerating the launch of new advanced polymer products.

Funding was secured through a USD 31.25 million award from the State of Ohio's Department of Development, granted under the Greater Akron Polymer Innovation Hub programme. This state investment is further strengthened by an additional USD 10.4 million in matching contributions from local partners. The construction timeline is set to begin in the second quarter of 2026, following the vacating of the current Lincoln Building on the site and pending final state approvals. This project underscores a shared commitment to strengthening Ohio's position as a global leader in polymer science and manufacturing.

Hans Dorfi, Executive Director and Chief Innovation Officer, Polymer Industry Cluster, said, “This project underscores Akron’s position as the hub of polymer innovation. By placing this facility next to NPIC and close by other polymer and engineering labs, we’re ensuring that entrepreneurs, researchers and industry partners have the tools, environment and support needed to transform new ideas into commercial realities.”

UA President R J Nemer said, "The University of Akron is excited to make room for the polymer facility project. As the number one institution in the world for polymer science and plastics engineering, we look forward to working with our Akron area partners to elevate polymer research, expand development and amplify production right here at the UA campus."

Akron Mayor Shammas Malik said, “Locating the Polymer Industry Cluster innovation pilot facility on The University of Akron Campus demonstrates the importance of the University as a force for education and innovation within the pipeline of polymer development from idea to industry. This new addition complements the work of Bounce Innovation Hub, builds a new resource for our industry partners and highlights the City of Akron as the centre of polymer innovation at the state and national level. This new facility will be just a short walk from Akron's Rubber Worker statue in the heart of downtown which illustrates the importance of Akron's rubber past as a foundation for our polymer future.”

Mark Smale, Executive Director – Advanced Polymer Science, Bridgestone Americas and co-chair of the Polymer Industry Cluster, said, “This facility will represent a transformational step for the Polymer Industry Cluster. It will attract start-ups seeking to validate new materials, researchers aiming to commercialise discoveries and established companies looking to innovate without interrupting their current operations.”

Summit County Executive Ilene Shapiro said, “This new facility is not just an investment in physical infrastructure. It’s an investment in the future of our economy. By strengthening our position as the global centre of polymer innovation, we are attracting new jobs and talent and ensuring that groundbreaking research and manufacturing will continue to thrive right here in our region for generations to come.”

Comments (0)

ADD COMMENT

Link Copied!

The German Rubber Industry Association (wdk) has sounded an alarm over an exceptionally difficult economic situation facing the rubber sector. Soaring raw material prices and persistently high energy costs, exacerbated by the Iran war, are coinciding with weak industrial demand. wdk Chief economist Michael Berthel noted an almost unprecedented economic disparity, as raw material costs approach historical highs from 2011 and 2022 while a lack of demand prevents any offset for manufacturers.

Since the final quarter of 2025, prices for key inputs have risen sharply. Natural rubber has jumped more than 40 percent within months, while butadiene-based synthetic rubbers have increased over 30 percent. EPDM synthetic rubber, carbon black and oil-based plasticisers have all risen more than 20 percent, with some individual chemicals exceeding 40 percent cost growth in just a few weeks.

Energy prices remain a major burden, with Middle East developments fuelling market uncertainty. Risks to international transport and supply chains persist, and German rubber companies are closely watching potential impacts on raw material availability and global logistics flows.

Berthel warned that firms face mounting pressure from high costs, geopolitical instability and structural disadvantages in Germany, with no short-term relief in sight. The industry depends heavily on fair and reliable partnerships across the value chain, as processing companies alone cannot absorb the current strain. He called for fair solutions and a shared understanding of this exceptional situation.

Comments (0)

ADD COMMENT

Link Copied!

The Rubber Board of India has confirmed the continuation of all existing central sector schemes for the 2026-27 fiscal year at unchanged rates. Financial aid for new planting will be restricted to estates utilising poly bag or root trainer plants sourced solely from Board-approved nurseries, with applicants required to submit the original purchase bill. This mandatory verification step aims to ensure quality and authenticity of planting materials used across the sector.

Support for rain guarding and spraying operations will be channelled exclusively through Rubber Producers’ Societies. These societies must include GST bills for all acquired materials when applying. The official timeline for submitting applications will be announced separately by the Board, giving producers adequate time to prepare documentation and coordinate with their respective societies before the deadline.

Comments (0)

ADD COMMENT

Link Copied!

The Rubber Board of India has announced a temporary engagement for a young professional within its Market Promotion Division, located at the RRII campus in Puthuppally, Kottayam. The selected individual will assist with division activities and promote ‘mRube’, the electronic trading platform for natural rubber.

Candidates must hold an MBA in Marketing or Agri Business Management with computer knowledge, while skills in digital marketing, sales or market research and proficiency in English and Hindi are preferred. Applicants aged up to 30 years as of 1 May 2026, will be considered for the one-year role, which offers a consolidated monthly pay of INR 25,000.

Interested individuals should send their applications to the Deputy Director (Marketing) at the Central Laboratory Building, RRII, Rubber Board PO, Kottayam – 686009 by 19 May 2026. Shortlisted names will appear on the Rubber Board’s website with interview details, as no separate communication will be sent.

Comments (0)

ADD COMMENT

Link Copied!

Bekaert has officially finalised its acquisition of Bridgestone’s tyre reinforcement operations in China and Thailand, after securing all necessary regulatory approvals and meeting standard closing conditions. The deal, now fully completed, marks a significant step in the Belgian company’s expansion strategy.

The transaction brings under Bekaert’s control two production facilities: Bridgestone (Shenyang) Steel Cord Co., Ltd. in China and Bridgestone Metalfa (Thailand) Co., Ltd. in Thailand. These plants specialise in manufacturing high-quality tyre cord products exclusively for Bridgestone tyres, and they will continue to supply Bridgestone under the new ownership, further deepening the longstanding partnership between the two firms.

Financially, the acquisition is expected to add roughly EUR 80 million to Bekaert’s annual consolidated sales. The EUR 60 million cash consideration for the deal was funded from the company’s available cash reserves.

Curd Vandekerckhove, CEO Rubber Reinforcement, said, “With the completion of this acquisition within our Rubber Reinforcement division, we are pleased to officially welcome the plant teams in China and Thailand to Bekaert. Our immediate focus is on a smooth transition and operational continuity while continuing to serve Bridgestone as a key strategic partner. The completion of the acquisition further strengthens the position of Bekaert in the tyre cord market, expands the global manufacturing footprint and deepens our longstanding partnership with Bridgestone. A long-term supply agreement ensures continued delivery of high-quality tyre reinforcement within a trusted supplier model.”

Comments (0)

ADD COMMENT

Link Copied!