Industrial Manufacturing

UV Stabilizers Market to Hit $3.99B by 2031 on Polymer Durability Demand

Image
UV Stabilizers Market to Hit $3.99B by 2031 on Polymer Durability Demand

Delray Beach – September 29, 2026 -- The global UV stabilizers market is projected to grow from $2.86 billion in 2026 to $3.99 billion by 2031, a compound annual growth rate of 6.91%, according to MarketsandMarkets.

Asia Pacific commanded 37.2% of global value in 2025

Asia Pacific led the UV stabilizers market in 2025 with a 37.2% share by value, driven by regional polymer processing capacity and industrial expansion. North America ranked second, supported by established polymer processing infrastructure and stringent performance requirements for materials exposed to outdoor conditions.

Tronox, JX Advanced Metals Ink $32M Rare Earth Processing Pact

Image
Tronox, JX Advanced Metals Ink $32M Rare Earth Processing Pact

Stamford, Conn. – – September 29, 2026 -- Tronox Holdings plc (NYSE: TROX) and JX Advanced Metals Corporation (TYO: 5016) have signed a cooperation and investment agreement to jointly fund approximately $32 million on a 50/50 basis for feasibility studies covering new rare earth processing facilities in Australia and the United States.

Companies commit $32 million to feasibility work across two continents

The funding will support a definitive feasibility study for a proposed rare earth cracking and leaching facility in Western Australia and a pre-feasibility study for a rare earth oxide refinery in the United States, alongside development of a US-based pilot plant capable of producing initial quantities of high-purity rare earth oxides.

Valmet to Pay EUR 0.67 Second Dividend Instalment on Oct 7

Espoo – September 29, 2026 -- Valmet Oyj's Board of Directors has confirmed that the second instalment of its 2025 dividend, EUR 0.67 per share, will be paid on October 7, 2026.

Shareholders on record October 1 qualify for payout

The dividend will go to shareholders registered in Valmet's shareholders' register held by Euroclear Finland Oy on the record date of October 1, 2026.

Total 2025 dividend reaches EUR 1.35 per share in two tranches

Valmet's Annual General Meeting in 2026 approved a total dividend of EUR 1.35 per share for the 2025 financial year, split into two instalments. The first tranche of EUR 0.68 per share was paid on April 9, 2026.

Payout ratio hits 89%, well above policy floor

Valmet's dividend policy commits to distributing at least 50% of the period's profit as dividend. The 2025 payout ratio stands at 89%, substantially exceeding that minimum threshold.

i2Cool Debuts Electricity-Free Cooling Fabrics for Umbrellas, Greenhouses

Image
i2Cool Debuts Electricity-Free Cooling Fabrics for Umbrellas, Greenhouses

Shenzhen, China – September 29, 2026 -- i2Cool has expanded its passive radiative cooling fabric line with two electricity-free products, i2Umbrella Fabric-Hyber and i2Tarpaulin, that lower surface temperatures without power or refrigerants.

New umbrella fabric cuts ambient temperature by 5.2°C without electricity

i2Umbrella Fabric-Hyber, engineered for umbrellas, patio shades and outdoor canopies, achieves solar reflectivity of up to 76% and mid-infrared emissivity of up to 96%. In controlled outdoor testing, the fabric produced internal temperatures 5.2°C cooler than unshaded areas and 2.4°C cooler than conventional silver-coated sun-protection fabrics. The material also blocks 99% of UV radiation and offers full blackout capability with high water repellency.

Zoomlion Secures $300M Credit Insurance, $50M Factoring Deal

Shanghai – – September 29, 2026 -- Zoomlion Heavy Industry Science & Technology Co., Ltd. has signed a US$300 million portfolio credit insurance policy alongside an initial US$50 million non-recourse factoring agreement, creating a tiered financing structure for the company's overseas installment receivables. The deals were finalized at the Zoomlion 2026 Global Financial Partners Summit in Shanghai on September 11.

New framework converts overseas receivables into standardized, investment-grade assets

Developed over six months with international insurers and financial institutions, the arrangement lets overseas installment receivables covered by the credit insurance policy be factored with an overseas bank on a non-recourse basis. The structure replaces transaction-by-transaction handling of overseas receivables with a scalable, replicable financing model.

NKT Sets Capital Allocation Framework, Moves Up Karlskrona Plant Timeline

Copenhagen – September 29, 2026 -- NKT used its Investor Day 2026 in Karlskrona, Sweden, to unveil a formal capital allocation framework and confirm that commercial operation at its expanded Karlskrona facility will begin in Q2 2027, slightly ahead of the original schedule.

NKT ties cash generation to a four-priority capital allocation framework

The company said it will maintain a robust balance sheet, targeting net interest-bearing debt to operational EBITDA below 0x. Beyond balance-sheet discipline, NKT will direct capital toward organic growth and strategically aligned, value-accretive acquisitions, commit to a minimum annual dividend of 20% of adjusted net profit with an ambition for a stable payout per share, and return excess cash via share buybacks or extraordinary dividends when conditions allow.

Segway Powersports Hosts LatAm, Canada Media on China Factory-to-Trail Tour

Image
Segway Powersports Hosts LatAm, Canada Media on China Factory-to-Trail Tour

Changzhou, China – September 29, 2026 -- Segway Powersports brought 14 media representatives and creators from Canada, Chile, Peru, Panama, Brazil and Argentina to its Changzhou manufacturing facility and off-road testing grounds in Xinjiang from September 14-19 under the SEGWAY POWERSPORTS CHINA TOUR-2026 LATAM & CANADA EDITION program.

Factory tour exposes production, assembly and quality-control processes

Participants toured the company's manufacturing site in Changzhou, examining assembly lines, vehicle testing protocols and final inspection procedures used across Segway Powersports' ATV and side-by-side (SxS) product lines. The visit provided visibility into traceability practices tied to the company's vehicle output.

Ethylene Oxide Market to Hit $94.28B by 2034 on PET, Sterilization Demand

Image
Ethylene Oxide Market to Hit $94.28B by 2034 on PET, Sterilization Demand

Pune – September 28, 2026 -- The global ethylene oxide market reached USD 62.95 billion in 2025 and is forecast to grow at a 4.59% CAGR through 2034, hitting USD 94.28 billion, according to a new report from Maximize Market Research.

Asia-Pacific dominates production and consumption, led by China, India, Japan and South Korea

The region's scale in petrochemical manufacturing, PET resin output and polyester fiber production has made it the largest ethylene oxide market as of 2025. Continued capital deployment into petrochemical facilities, healthcare infrastructure and industrial manufacturing is expected to sustain the region's lead through the forecast period.

Gates Industrial Completes Acquisition of Timken's Belts Business

Image
Gates Industrial Completes Acquisition of Timken's Belts Business

Denver – September 28, 2026 -- Gates Industrial Corporation Ltd. (NYSE: GTES) has completed the acquisition of The Timken Company's belts business, including select manufacturing assets, expanding its North American power transmission footprint.

Gates gains manufacturing capacity and customer ties across three key markets

The deal adds production capacity and customer relationships spanning industrial original equipment manufacturers, the industrial aftermarket, and mobility power sports segments. Gates said the acquisition also strengthens its talent base with the addition of former Timken employees.

Timken Sells Belts Business to Gates, Sharpens Motion Tech Focus

Image
Timken Sells Belts Business to Gates, Sharpens Motion Tech Focus

North Canton, Ohio – – September 28, 2026 -- The Timken Company has completed the sale of its belts business assets to Gates Industrial Corporation Ltd. (NYSE: GTES), marking a strategic exit from the belts manufacturing segment. Financial terms of the transaction were not disclosed.

Divestiture targets 2028 margin goals for Timken's Industrial Motion segment

Timken President and CEO Lucian Boldea called the sale "an important milestone in achieving our stated 2028 margin targets," noting the move allows the company to concentrate on its core advanced motion technology capabilities. The divested unit produced a broad line of belts for industrial, commercial and consumer applications.