Save the Date – Rubber Industry in the Spotlight: Tire and Rubber Summit 2017

About the Tire & Rubber Summit

The precursor of our Tire & Rubber Summit dates back more than 30 years, and its core value remains constant to this day: as a networking aggregator, bring together C-level executives of the tire and rubber industry to collaborate, reveal latest trends and address key issues and developments affecting the global tire industry, with a spotlight on Canada.

In the Tire & Rubber Summit, TRAC created world-class event that explores the rubber industry’s economic aspects, technology, innovation and regulation. All the expertise put forth at the event comes from executives in rubber companies, non-tire manufacturers, rubber compounders, suppliers, auxiliary businesses, and regulators who together create what we know to be the global rubber industry.

Our event features presentations and speakers who deliver thought-provoking ideas, allows the attendees the opportunity to absorb the latest industry insights, and jumpstarts industry conversations. The Summit’s professional presentations provide latest insights and uncover potential new market directions, while the cooperative and collegial environment creates invaluable networking opportunities, connects new business opportunities, and helps grow market presence and increase business performance.

 

Summit 2017: Industry in the Spotlight

With 200-year history of production, manufacturing and market experience, the rubber industry is the most agile one when it comes to raising up to the challenges and evolving with market demands. Today, the industry faces regulatory challenges brought on by global economic and political changes, need to meet increased demand using limited natural resources, new competition, as well as the ‘elasticity’ of the market—its fragmentation as well as consolidation. But in the face of these challenges, the industry continues to competitively feed the ever-growing demand for this one most strategic of resources.

 

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Read the source article at Home – Rubber Association of Canada

Firestone Building Products to acquire Gaco Western

INDIANAPOLIS—Firestone Building Products Co. L.L.C. reached a definitive agreement Feb. 15 to acquire Gaco Western.

Gaco produces silicone roofing systems and provides waterproofing and spray foam insulation products for a variety of commercial and residential applications.

Firestone said the acquisition strengthens its position in commercial roofing and offers positions in residential and commercial building products. 

Financial details of the transaction are not being disclosed. Firestone said the deal is expected to close before the end of the first quarter 2017, subject to regulatory approvals and other customary closing conditions.

Read the source article at home.rubbernews.com

Bridgestone adds curing bladder facility in China

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Huizhou, China – Bridgestone is adding 5,300 unit per year curing bladder facility with €494,000 (3.6 million yuan) investment at its plant in Huizhou, Guangdong, according to local reports.

With 1.7 million unit-per-year truck and bus tire capacity and 45 tonne/year external purchase of curing bladders, the plant decided to build the facility as “external purchases are time consuming, effort requiring and costly,” said the project’s environmental filing.

Read the source article at European Rubber Journal

Yokohama Rubber forecasts higher 2017 op profit despite soaring rubber prices

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Feb 20 Yokohama Rubber Co Ltd, Japan’s third-biggest tyre maker, on Monday forecast a 12 percent increase in 2017 operating profit despite soaring prices of natural rubber and other raw materials. Asia benchmark rubber futures on the Tokyo Commodity Exchange (TOCOM) hit their highest in more than five years late last month, boosted by Chinese […]

The post Yokohama Rubber forecasts higher 2017 op profit despite soaring rubber prices appeared first on Global Rubber Markets.

Read the source article at Global Rubber Markets News

Simtec integrates LSR, metal, thermoplastics production in one cell

Miramar, Fla.-based Simtec Silicone Parts LLC is starting a production process that integrates parts made of three materials — a metal, liquid silicone rubber and a thermoplastic — into one component within one manufacturing cell.

A breakthrough in LSR tooling technology enables the combination of multiple materials in a single production cell and the company is about to use it for a new application, Simtec President Enrique Camacho said in a telephone interview.

“A revolutionary approach for the integration of functions and materials is starting production at Simtec. It’s the first of its kind in the world for this particular application,” Camacho said.

He said he can’t identify the product or customer because of a confidentiality agreement but he could talk about the technology that is moving the company beyond overmolding LSR onto a thermoplastic substrate to also incorporating a metal part.

“We are redefining the LSR two-shot manufacturing process to LSR multi-shot,” Camacho said.

Read the source article at Plastics News

Patrick M. Prevost Sells 62,400 Shares of Cabot Corporation (CBT) Stock

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Cabot Corporation (NYSE:CBT) Director Patrick M. Prevost sold 62,400 shares of the business’s stock in a transaction that occurred on Thursday, February 9th. The stock was sold at an average price of $57.48, for a total value of $3,586,752.00. Following the sale, the director now owns 315,620 shares of the company’s stock, valued at approximately $18,141,837.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cabot Corporation (NYSE:CBT) remained flat at $57.55 on Friday. 481,488 shares of the company traded hands. Cabot Corporation has a 1-year low of $39.52 and a 1-year high of $60.72. The stock has a market cap of $3.58 billion, a P/E ratio of 17.39 and a beta of 1.21. The firm has a 50-day moving average of $54.11 and a 200 day moving average of $51.59.

Read the source article at American Banking News

IRE 2017 Asia’s jumbo Show

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The 9th edition of India Rubber Expo, the premier international rubber event showcasing India’s rubber power to the world, is back in the south Indian metropolis of Chennai for a second time. Once again, this grand rubber show provides a great a global platform for the rubber industry players across the world, especially those hailing from the most happening Asian region, to come together, interact and exchange their ideas, display their most innovative products and services to the visitors. Major overseas rubber industry players and experts from Japan, China, Malaysia, Korea, the Netherlands, Germany and the US will converge at Chennai during the event, meet face to face with their Indian counterparts and discuss emerging market scenarios, technologies, alliances and other industry-related issues and explore opportunities to work together.

It is also a venue for the Indian players to get to know and imbibe the latest technological trends and happenings taking place in rubber world and make improvements in their own processes. IRE 2017 is particularly relevant in Asia where growth rates for the rubber markets are expected to be higher than any other region in the coming years. IRE is a clear indicator of India’s own position which is currently the fastest growing economy in the world pushing back China to the second slot.

Read the source article at Rubber Asia

Koppers Holdings Inc. Schedules Fourth Quarter 2016 Conference Call

PITTSBURGHFeb. 8, 2017 /PRNewswire/ — Koppers Holdings Inc. (NYSE: KOP) intends to release its fourth quarter 2016 financial results before the opening of the markets on Thursday, Feb. 23, 2017, and discuss its results on a conference call later that day at 11:00 a.m. Eastern Time. Presentation materials will be available online at least 15 minutes before the call.

Interested parties may access the live audio broadcast by dialing 866-719-0110 in the United States/Canada, or 719-234-0008 for international, Conference ID number 4441959. Investors are requested to access the call at least five minutes before the scheduled start time in order to complete a brief registration. An audio replay will be available approximately two hours after the completion of the call at 888-203-1112 or 719-457-0820, Conference ID number 4441959. The recording will be available for replay through March 24, 2017.

The live broadcast of the Koppers conference call will be available online: http://edge.media-server.com/m/p/opof589q. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your internet browser’s URL address field.)

If you are unable to participate during the live webcast, the call will be archived on www.koppers.com and www.streetevents.com shortly after the live call and continuing through March 24, 2017.

Read the source article at PR Newswire

Overcapacity Biggest challenge for Synthetic Rubber

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Overcapacity is one of the biggest challenges facing the global synthetic rubber (SR) industry. This has been driven mainly by over-investment in China during the past years. This situation of overcapacity has forced many facilities to work with reduced operating rates and delay or cancel several expansion projects. Some facilities have been deactivated or dismantled and others are in the process of switching over to produce other elastomer types such as SBS. This is most noticeable in China and the Asia Pacific region.
Even so, the SR industry is expected to continue to grow moderately compared to the previous years. By 2016, the installed capacity is expected to grow by 2 per cent, according to our information. To this situation of overcapacity, if we add dull world economic growth, the situation becomes more complicated.

Uses in key industries

Synthetic rubbers have been leading the global rubber market since the 1940’s and are used in the manufacture of many types of products that we use every day which make our lives more comfortable. The automotive and tyre sectors will keep driving the SR demand. The construction sector generates significant demand of synthetic rubber in many end-uses such as paving/roads, waterproofing membranes, and adhesives and sealants. It is also very useful to the food industry with several end uses such as labelling, packaging, and more. Synthetic rubbers are also the material of choice for appliances, footwear, personal care, medical applications and others.
The SR industry has an important and extensive business relationship with all these key industries, and therefore, has been influenced by the performance and situation of its trading partners. The global SR market experienced a sharp downfall in demand during the global economic crisis. However, coming out of the deep recession impact, it expects a moderate growth rate close to 2 per cent CAGR in the upcoming years.

Read the source article at Rubber Asia

ANRPC Releases Natural Rubber Trends & Statistics, January 2017

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The Association of Natural Rubber Producing Countries (ANRPC) is happy to release its Natural Rubber Trends & Statistics, January 2017. Natural rubber (NR) prices have registered a good start in the beginning of 2017 with an average 10% growth across key NR markets, in spite of the price decline to US$1.00 per kilogram during early […]

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

Read the source article at Global Rubber Markets News