Global NR production likely to increase 3.7% in 2018: ANRPC

The Association of Natural Rubber Producing Countries (ANRPC) has predicted that the global outlook of Natural Rubber (NR) supply in 2018 is anticipated at 13.784 million tonnes, up 3.7% from 13.287 million tonnes in 2017. During January-February 2018, the world NR production was 2.207 million tonnes, compared to 2.116 million tonnes during the same period in 2017, said the February 2018 Natural Rubber Trends and Statistics report by ANRPC.

Read the source article at Rubber Asia

LyondellBasel Industries: Great Long-Term Investment

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It’s been quite hard to find companies that produce high returns with little capital investments to maintain their underlying economic earnings. LyondellBasell Industries (NYSE:LYB) is one of those great franchise companies that Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) would probably purchase.

 

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Camso raising aftermarket prices globally up to 6%

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Magog, Quebec — Camso Ltd. is planning to raise aftermarket prices globally in the coming months on its range of solid and pneumatic tires, tracks and track systems by between 1% and 6%.

Camso cited rising raw materials, logistics and other operating costs as the reasons for the increases. The timing of the increases will be based on market dynamics in North America, Europe, the Middle East and Asia Pacific, Camso said.

Read the source article at European Rubber Journal

Russian carbon black producer raises prices

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Yaroslavl, Russia – Russian carbon black manufacturer JSC Yaroslavskiy Tekhnicheskiy Uglerod (Yaroslavl Carbon Black Plant) is increasing prices on all rubber carbon black products sold globally, the company informed ERJ.

Effective 1 April, prices for the materials will increase by over €100 per tonne, in addition to any applicable feedstock index-related adjustments for rubber carbon black products, a Yaroslavl spokesman said.

Read the source article at European Rubber Journal

New Products: Evonik presents Ultrasil 7800 GR for green tire production

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ESSEN, Germany—Evonik’s Ultrasil 7800 GR, a silica with a customized surface area that meets the demands of SUV and all-season tires, is the next step in innovation for green tires, according to an Evonik release.

Read the source article at Rubber and Plastics News

Halcyon Agri doubles revenue in fiscal year 2017

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Singapore – Natural rubber giant Halcyon Agri Corp. Ltd. reported a profit of $35.3 million (€28.8 million) in fiscal year 2017, and its revenues more than doubled during the year to just under $2 billion.

Robert Meyer, Halcyon Agri executive director and CEO, announced the company’s results at a press conference in Singapore 26 Feb.

Read the source article at European Rubber Journal

Global NR supply likely at 13.784 million tonnes in 2018, up by 4.5%: ANRPC

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The Natural Rubber (NR) production across the world is anticipated at 13.784 million tonnes in 2018, up 4.5% from 13.196 million tonnes recorded in 2017. The slower production growth in 2018 is mainly due to a lower production anticipated by Thailand at 4.375 million tonnes, down by 1.2% a year ago, said the latest Natural Rubber Trends & Statistics report by the Association of Natural Rubber Producing Countries (ANRPC) in January 2018.

“However, a 2.8% growth is anticipated for the global demand of NR in 2018. It is expected to grow from 12.964 million tonnes in 2017 to 13.327 million tonnes in 2018. The ANRPC member countries will continue their efforts to encourage more uses of NR in their respective countries, for a better balancing of supply-demand of NR and sustainability of NR industry in the long run,” the report said.

Read the source article at Rubber Asia

Synthetic rubber producer Arlanxeo proposes tire sealant material

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HANNOVER, Germany — Synthetic rubber producer Arlanxeo Performance Elastomers has developed an elastomer compound that it claims seals punctures, making it ideal for use in self-sealing tires. Arlanxeo — a joint venture of Germany\’s Lanxess A.G. and Saudi Aramco of Saudi Arabia — did not disclose specifics as to the type of elastomer nor say…

Read the source article at Global Rubber Markets News

Bridgestone Collaborating with NRGene on Guayule Research

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NASHVILLE, Tenn., Feb. 19, 2018 /PRNewswire/ — Bridgestone Americas (Bridgestone) and NRGene, a genomic big data solutions company, are collaborating on research efforts to enhance the company’s U.S. alternative domestic natural rubber breeding program. They will be working in tandem to…

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Editorial: GM sustainable NR efforts off to impressive start

With climate change, deforestation and water becoming increasingly important issues, assuring natural rubber sustainability has become crucial to every industry that depends on NR. And while it’s been less than a year since General Motors pledged to support sustainable rubber production, it’s clear that the auto maker has made progress in this laudable goal.

Of course, tackling this issue isn’t a short-term goal, and one that can’t be done alone. To that end, the Detroit-based automotive giant has worked to gain the support of a wide coalition of allies to the effort. It’s encouraging, as well, to see the effort put forth over the past nine months.

Four of the world’s top tire producers were there last May when GM made its initial announcement, and the auto maker soon after had a prominent role in delivering presentations at Michelin’s advanced mobility conference in Montreal. Then this past November at a meeting of the Tire Industry Project, CEOs of 11 tire makers vowed to take the necessary steps to lead to sustainable NR.

Read the source article at Rubber and Plastics News