Synthetic rubber suppliers face a crude hard truth

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This observation — by Yuka Kimoto, director of marketing for Lion Elastomers — is the accepted wisdom in the synthetic rubber market, and with good reason.

Prices for a wide swath of synthetic rubbers have gone sharply up in the past few months, sparked by equally sharp increases in butadiene, methanol and other petrochemical feedstocks.

Considering oil prices alone, there is no reason to believe that feedstock prices — and, with them, SR prices — are coming down any time soon. As of March 30, futures for both West Texas Intermediate Crude and Brent Crude were at a three-week high, at around $50 or so per barrel, indicating bullish prices for anything based on petroleum.

However, according to authoritative sources, butadiene prices are starting to fall.

The reason is another well-known factor, in SR and in every other commodity: supply and demand. In the case of butadiene, there was another issue: location, location, location.

Scheduled and unscheduled maintenance shutdowns for butadiene facilities in Asia and Europe placed limits on the availability of butadiene, according to sources who spoke to Rubber & Plastics News and European Rubber Journal.

An unexpected surge of demand for butadiene in China, starting in the fall of 2016 and continuing into 2017, caused Asian butadiene prices to soar as high as $3,000 per metric ton. North American and European prices, though never as high as in Asia, rose accordingly.

Read the source article at Global Rubber Markets News

Supply and demand of neutral bearish rubber fell sharply

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March, natural rubber continued unilateral decline in the trend continued to continue unilateral decline, and continue to hit a new low, but then encounter, stabilized stabilized, and returned to a technical rebound, which reflects the supply and demand of natural rubber market The relationship is reversed from the background and the essence of the reversal.

Prospects and Strategy Suggestions

Looking forward to April trend, by the international and domestic aspects of the neutral factors of the neutral intertwined effect, in the surrounding Tokyo City, Singapore rubber market both down the trend of deep down, Hujiao market outlook will continue the formation of the original deep down Of the trend, while subject to the global macroeconomic and financial situation neutral factors, although the short-term may fall sharply, but the medium-term may return to the low regional concussion trend, the operation should be short-term low-absorbing high-throwing.

Read the source article at Global Rubber Markets News

C2C certification for Klean Industries’ pyrolysis plant

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Canada-based gasification and pyrolysis waste conversion technologies provider Klean Industries Inc. shares that one of its facilities has become the world’s first tyre pyrolysis plant to receive Cradle to Cradle (C2C) certification. This C2C certification by McDonough Braungart Design Chemistry LLC follows a 12-month study of the Klean Industries production process and the end uses of the recycled carbon and oil products that derive from it.

According to the company, one factor that sets it apart from other tyre pyrolysis technologies is its ability to convert tyre char into products that are utilised by end users in a multitude of product applications. “This is accomplished using our proprietary technologies that produce a recovered carbon black (rCB) to a standard unseen by any other technology providers, hence our commercial success,” shares Klean Industries in a statement. As far as the company is aware, it is currently the only group re-integrating recovered carbon black in new tyres with major tyre manufacturers around the globe.

Klean Industries’ certifications for technology and products include: ISO 9001, 14001, 14064, 14067; CE and UL ECOLOGO certifications; Carbon Footprint Certificates; Green Product Certificate; REACH Certification; EPD ClassII Enviro-Labeling 485 & 486; Cradle to Cradle Certified.

Read the source article at Tyrepress

Brunei: Reconsider rubber tax

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THE Brunei Government has introduced a tax on rubber-related products. It was not explained why it needed to do this.

The products include stationery items like erasers, rubber bands etc. The tax will be between three to five per cent. This will burden the schools and the students. In these hard times we shouldn’t be burdening the families by making basic school necessities costly, especially for the low income families.

At present companies selling stationery items from Miri are active in Brunei and have taken a huge share of the stationery market. This has badly affected local businesses selling stationary items.

Read the source article at Global Rubber Markets News

ANRPC Releases Natural Rubber Trends & Statistics March 2017

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The monthly bulletin of Association of Natural Rubber Producing Countries (ANRPC), Natural Rubber Trends & Statistics, March 2017 is now available for our subscribers. During the first quarter of 2017, ANRPC member countries are estimated to have produced 2.499 million tonnes of natural rubber (NR), up 2.0% from the same period a year ago. Consumption […]

The post ANRPC Releases Natural Rubber Trends & Statistics March 2017 appeared first on Global Rubber Markets.

Read the source article at Global Rubber Markets News

International Elastomer Conference 2017

The International Elastomer Conference organised by Rubber Division, ACS (American Chemical Society), will take place from October 9-12, 2017 at Huntington Convention Center, Cleveland, OH USA.

The Conference is the premier place where customers, suppliers of materials, equipment, tools and services, and educators come together. It provides a forum for the exchange of ideas, observations regulatory reforms and emerging scientific technologies, as well as learning, networking, seeing current customers and making new ones. This conference takes place every October.

Conference highlights

Highlights of this year’s conference include:

  • International Rubber & Advanced Materials In Healthcare Expo
  • 192nd Technical Meeting
  • Educational Symposium
  • 4th Advanced Materials In Healthcare Conference; International Rubber Conference
  • Expo Theater Presentations
  • Student Colloquium & Poster Session
  • Experience Elastomers Student Outreach Programme
  • Career Fair
  • Rubber Division, ACS Committee Meetings
  • Special events including a 5K Walk/Run, 25-Year Club Reception & Luncheon and Business & Awards Meeting
  • Networking Opportunities.

Read the source article at Rubber Asia

Thai Center Built to Foster Rubber Demand Set to Roll

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The Thai government says the country’s first international-standard vehicle and tire-testing center will open next year.

Industry Minister Uttama Savanayana tells the Bangkok Post newspaper the TB3.7 million ($107.6 million) center covering 488 acres (198 ha) also will be used for R&D to aid Thailand’s push to become a regional hub for next-generation auto products.

“The first phase of the testing center should be ready for Thai car and tire makers in 2018,” Uttama is quoted as saying. “The whole testing center should be ready for full operation in 2019.”

The project was launched in 2015 as part of a government effort to support the automotive sector and tire-related industries and boost demand for natural rubber.

Read the source article at WardsAuto

World rubber consumption up 1.8 % in 2016, says IRSG

The world total rubber consumption increased to 27.2 million tonnes in 2016 with a 1.8% increase on a year-over-year, driven by strong market activities in China, especially in Q4 2016, according to the latest statistics from the International Rubber Study Group(IRSG). The auto industry in China registered a rapid growth, with its sales and production both hitting new records in 2016, signalling a recovery from Chinese manufacturing recession.

Read the source article at Rubber Asia

Aditya Birla Group becomes Linglong Tire’s carbon black supplier

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On 25 March 2017, Linglong International Tire (Thailand) Co., Ltd. entered into a strategic cooperation agreement with India’s Aditya Birla Group. At a signing ceremony attended by Dr Santrupt Misra, chief executive officer of Aditya Birla Group’s carbon black business, Sanjeev Sood, president of Birla Carbon in Thailand, and Wang Feng, chairman and president of Linglong Tire, the two parties committed to a strategic cooperation that will see Aditya Birla Group become Linglong Tire’s carbon black supplier.

Read the source article at Tyrepress

Bridgestone ups tire prices in Japan

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Tokyo – Bridgestone Corp. has announced price rises for all its tires in Japan, due to a rise in the cost of materials, including natural and synthetic rubber.

The price rises range between 6-10% depending on the type of tire, and will be effective from 1 June for summer tires and 1 Sept for winter tires.

The company said it had been “working on absorbing impacts of rising tire material prices through productivity improvements, cost reductions, and other measures.”

Read the source article at European Rubber Journal