Vietnam to promote value addition to NR

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Badly hit by prolonged drop in natural rubber (NR) prices, Vietnam, the world’s third largest NR producer, plans to boost domestic consumption by promoting the manufacturing of rubber products such as tyres, gloves, automobile spare parts etc for both domestic and export markets.

Globally, unprecedented price falls, adverse weather and growing usages of synthetic rubber are pushing traditional natural rubber growers to other agricultural commodities. The same trend is seen in Vietnam too. Rubber growers are increasingly switching to fruits trees, cashew and pepper. Some are doing inter-cropping and converting only a part of their rubber plantations.

Read the source article at Rubber Asia

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

Tocom aims to double rubber trading with new contract

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Technically-specified rubber futures will start trading on October 9, according to President Takamichi Hamada. Trading volumes will probably exceed ribbed-smoked-sheet rubber, the type currently traded on Tocom, in the short term, Hamada, 68, said in an interview in Tokyo. The exchange is also aiming to surpass volumes on Singapore Exchange, he said.

Tocom is Japan’s largest commodity exchange and has offered RSS rubber contracts for almost 66 years.

 

Read the source article at Global Rubber Markets News

Event: EU butadiene conference to study tire industry

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Munich, Germany – The EU Butadiene and derivatives conference, organised by ICIS, will investigate issues around supply and demand for the feedstock in the tire & rubber industry.

Topics for the event, being held 12-13 Sept in Munich, include: the butadiene market; future tire trends; outlook for SBR; and the relationship between natural and synthetic rubber.

Among the confirmed speakers are Michael Weidokal, executive director International Strategic Analysis and Enrico…

Read the source article at European Rubber Journal

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

Trinseo Releases 8th Annual Sustainability and Corporate Social Responsibility Report

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BERWYN, Pa.- Trinseo (NYSE: TSE), the global materials company and manufacturer of plastics, latex binders, and synthetic rubber, today has published its 2018 Sustainability and Corporate Social Responsibility (CSR) Report , which showcases how Trinseo is meeting or exceeding the highest standards of safety and environmental performance, and developing innovative solutions that benefit our world.

Read the source article at businesswire.com

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

Arlanxeo wants to be a Global SR leader

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Arlanxeo is all set to strengthen its position as the world’s leading manufacturer of synthetic rubber. The company will invest EUR mid-double-digit million to modernise its production plants in Triunfo, Brazil and La Wantzenau, France. For the Brazil plant, the company will invest its facility in Triunfo, Rio Grande do Sul, to make the production of polybutadiene rubber (PBR) more flexible. The plant currently produces emulsion styrene-butadiene rubber (E-SBR), mainly used for car, truck tyres.

Read the source article at Rubber Asia

Hankook Tire Partners with ARLANXEO

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Hankook Tire and ARLANXEO agree on R&D partnership to develop new synthetic rubber grades and technologies for premium-performance tires.

Hankook Tire signed a second memorandum of understanding (MOU) with ARLANXEO, the world’s largest synthetic rubber producer, to co-develop synthetic rubber technologies for high-performance tires.

Read the source article at Autosphere.ca

Raw-materials prices still volatile

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WASHINGTON — Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts.

Read the source article at Tire Business