KOTTAYAM, India—India’s Rubber Board is setting up an e-trading platform for natural rubber to bring transparency and visibility for buyers and sellers in the market.
The European new Green Deal is in line with a vision for a Circular Economy that the tyre industry has been pioneering for decades. Europe, the largest net importer of natural resources in the world, loses 95% of the material value during the first use cycle. By using the resources we already have, we can decouple the European economy from the need of new resources. The recycling of tyres is recognized for its success with over 95% collection rate and a 62% material recovery rate.
Cabot Corporation CBT recently announced a significant achievement in its project at Franklin, LA site in the United States. Management stated that the company received all its major emission control equipment and positioned the same for completion on site as of Jun 2020.
Notably, Cabot is the first carbon black manufacturer to partner with the U.S. Environmental Protection Agency (EPA) in conjunction with the national enforcement initiative of EPA to control air emissions from carbon black producing facilities.
Deutsche Bank’s Corporate Bank today announced that it has provided a US$25 million ($34.8 million) sustainability-linked loan facility with a three-year tenor, and an accordion feature to upsize the facility to US$75 million, to Corrie MacColl, a subsidiary of Halcyon Agri Corporation.
LAPLACE, LA – The Louisiana Department of Environmental Quality acknowledged in a letter to Denka Performance Elastomer that its St. John the Baptist Neoprene facility completed the voluntary emissions reduction program it outlined with the state, achieving “an 85 percent reduction of chloroprene emissions.”
NEWMARKET, Ontario, June 02, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced that it has appointed Mr. Frank Ientile to the role of Chief Financial Officer.
“Frank brings broad experience in the diversified industrials space, in addition to specific expertise in the automotive and heavy transportation sectors, to his new role with AirBoss,” said Mr. Gren Schoch, Chairman and CEO of AirBoss of America Corp. “His three decades of financial management experience will be invaluable as we continue to work to grow each of our operating businesses and drive margins through a combination of strategies including new product introductions and continuous improvement initiatives.”
The versatile new material can be used both on its own, like regular rubber, or mixed with other materials to create a large variety of composites. According to the Australian researchers behind the invention, once the useful life of the product is over, the material can then be recycled almost indefinitely.
Made from sulphur and canola oil, the polymer doesn’t melt, but can be broken down and reformed by applying pressure and low-level heat of about 100 °C while the material, in powder form, rests in a mould – a process the team calls “reactive compression moulding”.
The Association of Natural Rubber Producing Countries (ANRPC) is happy to release its Natural Rubber Trends & Statistics May 2020.
In line with the outlook reported by the ANRPC through the April issue of this publication, natural rubber (NR) prices started recovering since the last week of April driven by the positive sentiment generated by the relaxation of the COVID-19 containment measures and lockdowns, reopening of economic activities across countries, positive developments in crude oil market, and a substantial contraction in the global production of NR. The recovery is likely to continue, albeit at a slow pace and subject to a set of risk factors.
Orion Engineered Carbons has broken ground for a logistics center at its manufacturing plant in Cologne, Germany.
The warehouse for the supplier of carbon black, which is used for various rubber products including tires, will cover 8,850 m2 and have the capacity for 12,400 pallets.
Built by construction company Goldbeck, the building will have eight truck docks, and about 100 trucks will pass through the gates every day.
Bridgestone is temporarily shutting plants in Japan due to a decline in demand.
The plants that are being shut down cover tire production for cars, aircraft, motorcycles, trucks and buses.
In Fukuoka, the Kurume plant will shut its aircraft tire plant from May 27-June 1, June 3-4 and June 6-7, and the section producing tires for passenger cars will be shut from May 28 -June 1.