Kumho Petrochemical is forecast to post a 29% jump in Q3 operating profit, defying industry headwinds, as synthetic rubber demand and favorable FX rates boost margins.
#YonhapInfomax #KumhoPetrochemical #SyntheticRubber #OperatingProfit #ExchangeRate #NBLatex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88515

At least #COVID19 prevented the spead of a huge plague among #rubber trees which would've fucked up everything even harder...

https://www.youtube.com/watch?v=AFXLZ7FEJc4

And yes, #SyntheticRubber is something that #MaterialScience has been working on since before #WW2!

Kumho Petrochemical's Q2 operating profit plunged 45% year-on-year to 65.2 billion won, missing forecasts as tariff uncertainty hit synthetic rubber margins and phenol derivatives swung to a loss.
#YonhapInfomax #KumhoPetrochemical #OperatingProfit #TariffUncertainty #SyntheticRubber #PhenolDerivatives #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75167

Kumho Petrochemical Group is accelerating R&D investment to overcome industry headwinds, focusing on eco-friendly and high-value products to secure new growth drivers amid global demand weakness and Chinese oversupply.
#YonhapInfomax #KumhoPetrochemicalGroup #RD #EcoFriendly #SyntheticRubber #MarketLeadership #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74323

Lotte Chemical has injected 400 billion won ($290 million) into its loss-making synthetic rubber JV over 13 years, with no clear turnaround in sight, raising market concerns about the investment's rationale and the need for improved shareholder communication.
#YonhapInfomax #LotteChemical #LotteVersalisElastomers #SyntheticRubber #CapitalInjection #NetLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68959

Kumho Petrochemical reports Q1 operating profit of 120.6 billion won, up 53.4% YoY, surpassing market expectations with strong performance across synthetic rubber, resin, and phenol derivative segments
#YonhapInfomax #KumhoPetrochemical #Q1Earnings #OperatingProfit #SyntheticRubber #MarketOutperformance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=62501

New sustainable tires to help free EVs from petroleum supply chain

https://cleantechnica.com/2024/12/17/the-sustainable-tires-of-the-future-will-be-made-with-plants-again/

#vehicles #tires #sustainabletires #tireindustry #tirewaste #supplychain #decarbonization #renewableresources #bioeconomy #plantbased #biobased #bioplastic #rubber #syntheticrubber #petroleumproducts #evs #electricvehicles #sustainable #sustainability #sustainablerubber #rubbertrees

New sustainable tires to help free EVs from petroleum supply chain

https://cleantechnica.com/2024/12/17/the-sustainable-tires-of-the-future-will-be-made-with-plants-again/

#vehicles #tires #sustainabletires #tireindustry #tirewaste #supplychain #decarbonization #renewableresources #bioeconomy #plantbased #biobased #bioplastic #rubber #syntheticrubber #petroleumproducts #evs #electricvehicles #sustainable #sustainability #sustainablerubber #rubbertrees

On the road to renewable rubber material https://innovationtoronto.com/2023/04/on-the-road-to-renewable-rubber-material/

#KAUST #butadiene #syntheticrubber