Synthetic rubber prices likely to remain volatile

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AKRON—Prices for synthetic rubber and petrochemical feedstocks have been “incredibly volatile” and are likely to remain so for a while, according to a speaker at the International Tire Exhibition & Conference in Akron Sept. 11-13.

“Energy- and economy-related fundamentals in the synthetic rubber market are encouraging, but risks abound,” said Bill Hyde, executive director-olefins and elastomers at IHS Markit.

Read the source article at Global Rubber Markets News

Cabot acquires Chinese carbon black manufacturer

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BOSTON – Cabot Corp. has acquired Chinese carbon black manufacturing company NSCC Carbon (Jiangsu) Co. Ltd., from Nippon Steel Carbon Co.

Read the source article at Rubber and Plastics News

Orion Engineered Carbons CEO Jack L Clem to retire

Orion Engineered Carbons’ CEO, Jack L Clem, 65, is to retire from the role, which he has fulfilled since 2011. He will be nominated to join the board of directors and during a transition period will act as an advisor to the company.

Corning F Painter, 55, will succeed Clem as the new CEO and will also be nominated to join the board of directors. Painter was selected during a broad executive search process and stood out due to his track record in the international chemical industry.

Read the source article at Tire Technology International

Cabot Corporation Increases Prices for Specialty Compounds Globally

BOSTON – Effective October 1, 2018, or as contracts allow, Cabot Corporation will increase prices, up to 7 percent globally, for its PLASBLAK® masterbatches as well as its CABELEC® conductive compounds and concentrates. This price increase is required to offset the dramatic rise in raw material costs. The increase will help to ensure that Cabot remains a reliable, long-term supplier of high quality products and services.

Read the source article at Investors

Ecolomondo to set up pyrolysis plant in Ontario

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ST. LAURENT, Quebec—Canadian cleantech company Ecolomondo Corp. is planning to set up a tire-recycling plant in Hawkesbury, Ontario, to showcase its thermal decomposition process technology.

The company has acquired a 13.4-acre plot land for the project with site work set to begin immediately. Hawkesbury is a town of about 10,000 inhabitants in eastern Ontario on the Ottawa River near the border with Quebec.

Construction work will start on the 50,000-sq.-ft. facility in autumn 2018 with completion scheduled for the second or third quarter of 2019, Ecolomondo said.

Read the source article at Rubber and Plastics News

Enviro to build tire recycling plant in US

Gothenburg, Sweden – Scandinavian Enviro Systems AB will be building a tire recycling plant in the city of Buffalo, New York, the company has announced.

In a 29 June statement, the manufacturer of recovered carbon black (rCB) said it had signed a memorandum of understanding with the Treadcraft Ltd to establish a recycling plant for the company with minimum capacity to recover 30 kilotonnes of end-of-life tires per year.

Read the source article at European Rubber Journal

The global carbon black market is expected to reach an estimated $20.2 billion by 2023 with a CAGR of 5.6% from 2018 to 2023

NEW YORK, June 6, 2018 /PRNewswire/ — Trends, opportunities and forecast in carbon black market to 2023 by application (tire rubber, non-tire rubber, plastic, ink, coating, and others), by end use industry (transportation, industrial, building and construction, printing and packaging,…

Read the source article at PR Newswire

Raw-materials prices still volatile

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WASHINGTON — Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts.

Read the source article at Tire Business

Carbon black shortage is now a reality

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HILTON HEAD ISLAND, S.C. — Demand for carbon black by U.S. tire makers is starting to outstrip supply, and that isn’t likely to change any time soon.

Read the source article at Tire Business

Shortage in supply of ‘Carbon Black’ causes crisis in Rubber Industry

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An acute shortage of the Carbon Black -a major raw material needed for manufacture of rubber products has caused the crisis in Indian Non-tyre Rubber industry . The shortage has caused the shutting down of a large number of small and medium sized manufacturing units across the nation. All India Rubber Industries Association ( AIRIA ), an industry body of non-tyre rubber products manufacturers, has appealed to the Govt.

Read the source article at Asia’s Premier News Agency