Trinseo first quarter sales fall 18%

Berwyn, Pennsylvania – Trinseo SA’s synthetic rubber (SR) business has reported a double-digit decline in first quarter sales due in part to Covid-19.

Over the three months to end of March, segment’s sales fell 18% to $102 million (€94 million) while earnings (adjusted EBITDA) grew 36% to $15 million.

The company linked the decrease in sales to a volume decline of 8% as customers cancelled solution styrene butadiene rubber (SSBR) orders due to Covid-19 impact.

Read the source article at European Rubber Journal

Global Rubber Processing Chemicals Market 2020: Market Size, Demand by Product, Application and Type of Rubber

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DUBLIN, April 30, 2020 /PRNewswire/ — The “Global Rubber Processing Chemicals – 7th Edition” report has been added to ResearchAndMarkets.com’s offering. This study covers the global market for rubber processing chemicals. Demand is provided in metric tons for 2008, 2013, and 2018, with…

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Trinseo eyes sustainability, 100% bio-rubber

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HANOVER, Germany—Trinseo expects to have a new bio-based rubber material “on the table” within the next year, according to Andre Lanning, head of the polymer group’s synthetic rubber business.

Read the source article at Rubber and Plastics News

IISRP to Honor Dr Gary M Marsh

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The International Institute of Synthetic Rubber Producers (IISRP) will honor one of its outstanding technical leaders  Dr. Gary M. Marsh at its next Annual General Meeting (AGM). He will receive the prestigious Institute Technical Award. The Award will be presented during the 61st AGM of the IISRP in Bangkok, Thailand on May 12, 2020.

Read the source article at Rubber Asia

ITEC In Focus conference set for Sept. 25-26

CUYAHOGA FALLS, Ohio—Experts from around the world will explore emerging tire sustainability trends during the ITEC In Focus: Green Tire conference, set for Sept. 25-26 in Cuyahoga Falls.

Read the source article at Rubber and Plastics News

Trinseo SR business’ earnings more than halved in second quarter

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BERWYN, Pa.—Lower sales volumes and weak market conditions have contributed to a drop in second quarter earnings within Trinseo’s synthetic rubber unit.

Read the source article at Rubber and Plastics News

Great opportunities for SR in advanced materials

The global SR industry continues to drive on growth of the automotive and tyre industries which are undergoing major transformations towards autonomous, electrical, connected, and shared mobility, which means more opportunities for advanced materials. Also in the medical sector, design of high-tech materials is also opening up, challenging opportunities for the SR industry.

Read the source article at Rubber Asia

Tire & Rubber Summit 2019: Suppliers ready to overcome tire industry challenges

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TORONTO—Raw material suppliers face various challenges in providing tire makers with the quality and quantity of materials they need. But they are more than prepared to meet those challenges.

This was the message representatives from three raw materials sectors—carbon black, natural rubber and synthetic rubber—had for attendees at “Driving to the Future,” the 2019 Tire & Rubber Summit sponsored by the Tire and Rubber Association of Canada.

Read the source article at Rubber and Plastics News

Future Tire: Tires could give new life to packaging waste

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Cologne, Germany – Recycled styrene from plastic waste streams has the capability to be “upcycled” in tires, according to Sandra Hofmann, global technology & innovation director, synthetic rubber, Trinseo.

“The question is, how to transform from a linear production model to something which enables the circular economy,” said Hofmann, during a presentation to Future Tire Conference 2019, held in Cologne, 11-12 June.

Polystyrene, according to Hofmann, has “a very unique feature” in that it…

Read the source article at European Rubber Journal

Kumho’s Jong-Hoon Baek elected president of the IISRP

SEATTLE— Jong-Hoon Baek, an executive vice president for Kumho Petrochemicals, was elected president of the International Institute of Synthetic Rubber Producers for 2019-20.He will succeed Brian Chapman, who will become the institute’s past–president international.

Baek, who was elected at the association’s 60th annual general meeting on May 15, has a range of experience in the polymer industry from roles he has had in technical, marketing and sales areas, in addition to senior management positions he has held.

Read the source article at Rubber and Plastics News