It’s boom time for rubber chemicals industry

The global rubber processing chemicals market is witnessing rapid expansion thanks to the increasing demand from the tyre and automotive industries and their application across diverse industries.

The tyre industry is the major consumer of rubber chemicals, holding over 70% of the market share. Use of rubber processing chemicals make tyres durable and provides them strength to withstand harsh environment. The demand from the tyre industry is projected to rise further with the expansion of the automotive industry.

Read the source article at Rubber Asia

Cabot plant celebrates 75 years

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On 25 November, Cabot Corporation’s Ville Platte, Los Angeles carbon black manufacturing facility celebrated 75 years in operation. Established in 1943, Cabot Ville Platte is the oldest plant in Cabot’s network, and today operates four manufacturing units that produce 11 different grades of carbon black, primarily sold to customers throughout North America for rubber reinforcement applications.

Read the source article at Tyrepress

Smithers Rapra: Motorcycle tire demand spurred by trends in emerging markets and technology

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Rising incomes in emerging markets have led to the rapid growth of motorcycle ownership, particularly in Asia, resulting in a strong increase in motorcycle tire sales. Growth is being driven by the increasing number of households in industrializing regions that are now able to afford motorcycles.

Motorcycle tire market demand is estimated to rise to $19.4 billion in 2023, representing an annual compound growth of 6.5% from $14.2 billion in 2018, according to Smithers Rapra data.

In the report The Future of Motorcycle Tires to 2023, Smithers Rapra attributes growth to rising living standards, urbanization and mobility improvements, demographics, and technological changes. Those with disposable income are showing growing interest in motorcycles, including electric and self-balancing models and other new technologies.

The highest growth is seen in the Asia-Pacific region, driven by China and India. Data shows that by 2023, Asia-Pacific’s region share will be over 16 million units. Japan-based multinational companies such as Honda, Kawasaki, Suzuki and Yamaha dominate the two-wheeler sector’s world market.

Trends in mobility

The evolution of mobility and transportation technologies, along with road conditions, play a role in customer preferences, driving patterns, tire wear, and ultimately motorcycle and tire design.

The role of motorcycle tires is complex, and they must satisfy performance and safety parameters depending on the application and type of motorcycle. There is extreme variation of motorcycle tire types depending on vehicle characteristics, intended driving surfaces, and tire construction.

Evolving tire construction

Developments in tire materials continue to include new compounds, as well as a greater range of compounds, to optimize the attributes most required by industry and to better target tires to applications, according to Smithers Rapra.

Among performance and safety attributes, grip remains the most important and is still being improved even as other attributes compete for attention. A trend towards a richer silica content is ongoing, owing to the importance of grip. Carbon black is also important, with the grades used in motorcycle tires similar to those used in ultra-high-performance and race car tires. Traditionally, all motorcycle tires were bias ply. A clear trend for motorcycles up to 400cc is the increased use of radial tires, especially seen in Asia and South America where they are equipped on more sporty motorcycles.

The impact of electrification

Electrification will initiate further tire evolution, as will the requirements of motorcycle connectivity and progressive automation, leading eventually to ‘smart’ tires. Tires will be expected to have sensors measuring and reporting pressure, temperature, grip, road surface conditions, and tire wear/condition.

Smithers Rapra market report The Future of Motorcycle Tires to 2023 offers in-depth analysis of  the economic demand and growth of the global motorcycle tire market from 2018-2023, and cutting-edge technology developments in materials, components, design, and safety attributes.

Read the source article at smithersrapra.com

Cabot reinforcement segment reports jump in sales, earnings

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BOSTON—Cabot’s reinforcement materials segment, which includes its rubber carbon black business, has posted a 33 percent year-on-year growth in full-year earnings (EBITDA) to $350 million.

Read the source article at Rubber and Plastics News

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