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Prism Worldwide Partners with Sherwood Industries to Introduce Sustainable Thermoplastic Elastomers to Extruded Rubber Industry

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2 years ago

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Prism’s high-performance materials derived from recycled end-of-life tires, to be incorporated into Sherwood’s extruded rubber sheets for use in industries ranging from automotive to household goods

KIRKLAND, Wash. and NILES, Ill., Feb. 12, 2025 /PRNewswire/ — Prism Worldwide, a leader in innovative material solutions that is dedicated to advancing end-of-life tire recycling technology, and Sherwood Industries, a family-owned sheet extruder of thermoplastics, today announced a partnership to introduce Prism’s sustainable thermoplastic elastomers (TPEs) into extruded TPE sheets. Extruded TPE rubber sheets are widely used across multiple industries, including automotive, where they serve as materials for bin mats, mud flaps, and wheel well protectors. They are also used in household products, appliances, toys, and other everyday items such as tread grips, sporting goods, and tool drawer liners.

Since initiating their collaboration in April 2024, the companies have conducted a series of test production runs and successfully developed extruded TPE sheets for pilot customers. For this phase, Sherwood incorporated Prism’s high-performance Ancora™ polymer, a thermoplastic elastomer made with a high percentage of recycled materials derived from end-of-life tires, into its manufacturing formula. Through rigorous evaluation, both companies refined the formula and enhanced product performance. The official partnership is the result of multiple successful test runs that have consistently produced reliable, high-quality, and highly sustainable sheet stock.

“The demand for more sustainable materials led us to seek partners who could help drive our transition,” said Bob Russin, President, Sherwood Industries. “Prism’s method of compounding old consumer tires into superior quality, engineered TPE material designed for our process has proven to significantly enhance our ability to produce sustainable materials for our customers.”

Testing conducted by Sherwood determined that sheets made with Prism’s TPE match the durability and performance properties of virgin materials while containing a high percentage of recycled content. In 2024 alone, Sherwood produced more than 7.5 million square feet of extruded rubber sheets across four production lines. Following positive customer feedback and successful trial runs, the company is now prepared for immediate commercialization and scaling. In anticipation of increased demand, Sherwood has acquired a new extruder exclusively for producing sustainable rubber sheets containing Prism’s TPEs.

“The significant emerging and unmet demand for more sustainable rubber products has been met with few solutions to meet that demand,” said Bob Abramowitz, CEO, Prism Worldwide. “The vast array of applications for Sherwood’s extruded rubber sheet material allows us to work together to introduce a reliably high-quality TPE to a broad range of industries. Our process of engineering sustainable polymers using end-of-life rubber tires provides a high-tech answer for a material that was formerly relegated to low-tech applications, such as being glued into mats or being shredded for use on playgrounds and ball fields. In the process, we’re also helping companies to meet their sustainability goals.”

Sherwood’s extruded rubber and urethane foam products are ISO 9001:2015 certified, ensuring the company meets global standards for quality management.

Prism recently announced a $40 million Series A funding round that is being used to consolidate operations, invest in technology and equipment and expand its team.

About Prism Worldwide
Prism was founded on the principle that there should be a better use for end-of-life (ELT) tires. We recognize that to solve this long-standing issue we need solutions that provide performance-oriented products. This requires that we address the problem differently.

Developed and patented in the United States, Prism’s technology and products are American-made and American-sourced. Prism provides a cost-effective solution that helps end users increase profitability by using sustainable materials.

We are bringing new patented technology to the market by producing polymer intermediates derived from ground tire rubber. These performance solutions for TPE, TPV, TPO markets (Ancora) and rubber modified plastics polymer markets (Ennova) are sustainable and circular, creating higher value uses for end-of-life tires and offering a route to Making Tires More Circular.

In November 2022, Prism acquired CRC Polymer Systems (CRC), a custom compounding company supplying compounds, resins, and colors to the plastics industry. For more information, please visit https://prismww.com/.

About Sherwood Industries

Founded in 1975, Sherwood Industries Inc. is a family-owned and operated business that manufactures and ships extruded rubber and foam products to countries around the world. Sherwood’s flagship extruded product is its Santoprene TPV sheet, which is used in audio products, automotive parts, building and construction materials, household appliances, electrical and energy products, and medical applications. The company’s Niles, Illinois manufacturing facility features a profile extrusion line and a recycled rubber line, to complement its foam products and sheet extrusion.

Sherwood produces millions of pounds of sheet goods each year and continues to provide high quality sheet and profile products to markets worldwide. For more information about Sherwood Industries, please visit https://sherwoodind.com/.

Media contact:

Dwain Schenck
390046@email4pr.com
+1 (203) 223-5230

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SOURCE Prism Worldwide

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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4 hours ago

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October 25, 2026

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

4 hours ago

on

October 25, 2026

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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11 hours ago

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October 24, 2026

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

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