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

Deep rubber ties push ExxonMobil forward

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HOUSTON—ExxonMobil Chemical Co. operates in three main elastomer markets, and in each case the firm was involved right from the start.

That means the Houston-based business of ExxonMobil Corp. has seen its ExxonMobil butyl rubber business operate for roughly 80 years, its Vistalon-brand EPDM unit for 55 years and its Santoprene-brand thermoplastic vulcanizate operation—the baby of the family—for more than 40 years.

And with that history, the company believes it has the knowledge, the technical know-how and the supporting business in place to continue achieving success now and in the future, whether that means in traditional businesses or the evolving new world of transportation, said Kurt Aerts, ExxonMobil vice president for specialty elastomers and butyl polymers.

Read the source article at Rubber and Plastics News

LANXESS rated among best 10% of global companies

Specialty Chemicals Company LANXESS is to be represented in two Dow Jones Sustainability Indices again this year. Starting from September 24, 2018, LANXESS will be listed in the Dow Jones Sustainability Index (DJSI) World for the eighth time in a row. The group will also be included in the DJSI Europe again. Only the best 10% of the global companies analyzed in each sector are included in the DJSI World, while the best 20 % of companies headquartered in Europe are included in the DJSI Europe.

Read the source article at Rubber Asia

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

Shin-Etsu to invest €850m in silicones business

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Tokyo – Japanese materials supplier Shin-Etsu Chemical has announced plans to invest ¥110 billion (€854 million) in the next two-and-a-half years in its silicones operations, a core business of the company.

As part of the commitment, the Tokyo-based company will expand production capacity for silicone monomer – the intermediate product of silicones – and various types of silicone fluids, resins and rubber end products at the company’s main bases in Japan and globally.

Read the source article at European Rubber Journal

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

Lanxess to sell stake in Arlanxeo to Saudi Aramco

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COLOGNE, Germany–Lanxess plans to sell its remaining 50 percent stake in Arlanxeo to its joint venture partner Saudi Aramco.

Read the source article at Rubber and Plastics News

Bridgestone develops world’s first polymer using advanced synthetic technology for forming hybrid polymer

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In its pursuit of more sustainable materials, Bridgestone has successfully developed what is claimed to be the world’s first polymer to bond rubber and resins at the molecular level.

This new polymer is extremely high durability, with crack resistance more than five times higher than natural rubber, abrasion resistance more than 2.5 times higher, and tensile strength more than 1.5 times higher than natural rubber, which itself has a greater destruction resistance than common synthetic rubber.

Read the source article at Tire Technology International

New chemicals and additives for tire production from Lanxess

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Lanxess has revealed details of a number of additives for higher-performance rubber and easier production. Its range of Rhenogran products are designed to shorten mixing times, lower processing temperatures and improve the quality of the finished tires.

Rhenogran CLD-80 is a sulphur donor that ensures a stable vulcanization network by forming mainly mono- and disulfidic bridges. Lanxess says this results in excellent heat aging resistance of the vulcanizates and prevents premature reversion.

Read the source article at Tire Technology International