LANXESS has launched a project aimed at expanding its range of prepolymers using artificial intelligence (AI). The goal is to offer customers tailor-made polyurethane systems with even shorter lead times, including for entirely new applications with different requirements. The Urethane Systems business unit is using the potential of AI and has brought materials AI company Citrine Informatics on board as a project partner.
Paris – Michelin and its partners, IFP Energies Nouvelles and Axens, are scaling up their BioButterfly project with the construction of an “industrial prototype” plant for the production of bio-based butadiene.
Launched in late 2012, the €70-million BioButterfly project is a 10-year scheme aiming to produce butadiene from plant-based ethanol, to be used for the production of environmentally-friendly synthetic rubber.
The tool will accurately describe reductions in cost, energy and greenhouse gas emissions of commercial structures using the Isogard-brand insulation material, according to a Firestone news release.
Cologne, Germany – ExxonMobil Chemical introduced a newly-developed inner liner material that can significantly improve air retention in tires at the Future Tire – Sustainability conference in Cologne.
Branded Exxpro 3563, the high para-methyl styrene copolymer* can achieve a 50% improvement in air retention compared to currently used materials, said Arancha Guisuraga, global market development manager, specialty elastomer and…
WASHINGTON—The U.S. government followed through on plans to raise tariffs May 10 on $200 billion worth of imports from China, but the decision is drawing opposition from chemical and manufacturing industry trade groups.
Talks between Washington and Beijing were continuing at press time, as the American Chemistry Council and the National Association of Manufacturers urged a solution to trade disputes without using tariffs.
STREETSBORO, Ohio—Compounding firm Aurora Plastics L.L.C. shows no signs of slowing its growth after purchasing Elastocon TPE Technologies Inc., Aurora’s fourth acquisition in two years.
For Aurora, acquiring Springfield, Ill.-based Elastocon “increases our presence in thermoplastic elastomers and allows us to build on an existing franchise,” CEO Darrell Hughes said.
BOSTON–(BUSINESS WIRE)–May 6, 2019– Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2019.
- Positive impact from calendar year 2019 tire customer agreements more than offset by pricing weakness in China in Reinforcement Materials
- Performance Chemicals impacted by soft automotive demand and a less favorable product mix
- Announced agreement to divest Specialty Fluids segment in transaction valued at $135 million
- Continued commitment to return cash to shareholders with $70 million of dividends and share repurchases in the quarter
Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of Specialty and High-Performance Carbon Black, today announced first quarter 2019 financial results.
First Quarter 2019 Highlights
- Net Income of $19.0 million and basic EPS of $0.32 versus $26.8 million and $0.45 in first quarter of 2018
- Adjusted EPS1 of $0.40
- Cash flow from operations of $26.2 million
- Total Carbon Black volumes decreased
As of 1 May, Donald Chen will succeed Jorge Nogueira as chief executive officer of Arlanxeo. Nogueira is retiring from the rubber manufacturer after a career spanning nearly 40 years in the chemical and pharmaceutical industry.
“With Donald Chen we have an experienced leader and industry expert joining the company,” states Abdulaziz M. Al-Judaimi, chairman of the Arlanxeo Shareholders’ Committee and senior vice-president of Downstream at parent company Saudi Aramco. “He has spent many years of his working life in the Asia-Pacific region, a key growth region for Arlanxeo. Donald joins Arlanxeo in a critical market environment and we are confident he will lead the company through the current transition and drive growth.”