Global NR demand set to fall in 2020

Kuala Lumpur – The Association of Natural Rubber Producing Countries (ANRPC) expects the world consumption of natural rubber to fall 1.5% this year, after a sharp decline in demand in the first quarter.

In its monthly trends update published 30 March, the ANRPC said it estimated the global consumption to drop to 13.53 million tonnes for the whole year, down from the an earlier estimate of 1.2% growth in February.

Read the source article at European Rubber Journal

Yokohama agrees to support NR farmers in Thailand

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TOKYO — Yokohama Rubber Co. Ltd. has agreed to provide economic support for Thai natural rubber farmers and to improve traceability to ensure transparency and soundness of the supply chain.

Read the source article at Tire Business

Trinseo eyes sustainability, 100% bio-rubber

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HANOVER, Germany—Trinseo expects to have a new bio-based rubber material “on the table” within the next year, according to Andre Lanning, head of the polymer group’s synthetic rubber business.

Read the source article at Rubber and Plastics News

NR growth outlook falling on coronavirus-induced demand drop

KUALA LUMPUR — The growth in demand for and production of natural rubber is slipping, prompting the Association of Natural Rubber Producing Countries (ANRPC) to revise downward its 2020 global outlook for natural rubber. The association said it expects NR production to grow by 2.7% this year to 14.2 million metric tons, down from the […]

Read the source article at Global Rubber Markets News

Pioneering particle beam microscope increases tire analysis accuracy

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Sumitomo Rubber Industries (SRI) and Ibaraki University, Japan, have pioneered a technique to accurately observe individual compounds in a tire’s structure, to help with future tire development.

Through the use of a newly designed particle beam microscope developed at Ibaraki University, a team of researchers and engineers has been able to observe and analyze individual materials in a tire’s compound for the first time.

Read the source article at Tire Technology International

Analysis: Rubber mixing plants of the future

LONDON—Rubber mixers will have to become more automated and part of “holistic” production set-ups to deal with complexity in both the materials being processed and end use markets, according to Andreas Limper, a senior executive of HF Mixing Group.

There is a continuing rise in the number and types of tires required by the automotive industry as it brings more and more car models onto the market, Limper noted at a recent HF event in Manchester, England to mark 100 years of the Banbury mixer.

 

Read the source article at Rubber and Plastics News

Rubber, chemical producers dealing with coronavirus’ impact

WASHINGTON—Rubber product and chemical producers in China are facing the same sweeping impacts as other industries in the continuing threat of the coronavirus.

Petrochemical demand alone could fall by between 2.4 million and 4 million metric tons because of the virus, according to Bill Hyde, senior director-olefins and elastomers at Houston-based analytics firm IHS Markit.

Read the source article at Rubber and Plastics News

Cabot cuts rubber-blacks production in Europe

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Boston, Massachusetts – Cabot Corp. has reduced rubber-black volumes in Europe in response to soft market conditions and “aggressive pricing,” the company has informed ERJ.

“We opted not to pursue certain contracts [in Europe] due to the pricing structure, meaning we do not have to manufacture for those contracts,” Cabot explained in a 19 Feb written statement.

Read the source article at European Rubber Journal

Cabot Corp (CBT) Q1 2020 Earnings Call Transcript

CBT earnings call for the period ending December 31, 2019. Feb 4, 2020 at 7:00PM …

Steve Delahunt — Vice President of Treasury and Investor Relations

Thank you, and good afternoon. I’d like to welcome you to the Cabot Corporation earnings teleconference. With me today are Sean Keohane, CEO and President; and Erica McLaughlin, Senior Vice President and CFO.

Last night, we released results for our first quarter of fiscal year 2020, copies of which are posted in the Investor Relations section of our website. 

Read the source article at Fool.com

There is still a chance for rubber to continue to explore long-term rubber

The epidemic has no major impact on upstream rubber production. Domestic production areas are in the cut-off season, and major overseas production areas in Thailand and Indonesia have not yet spread the epidemic on a large scale. However, the number of confirmed cases in Thailand has increased in recent days, and trade with China has also […]

Read the source article at Global Rubber Markets News