PUNE, India, January 11, 2019 /PRNewswire/ — ReportsnReports adds Global and China Synthetic Rubber Market (BR, SBR, EPR, IIR, NBR, Butadiene, Styrene, Rubber Additive) Report, 2018-2023 to its online research database. In 2018, China boasted a total synthetic rubber capacity of roughly…
TOKYO – Sumitomo Rubber Industries says it has cracked the mystery surrounding rubber failure, in a joint study with the Dresden, Germany-based Leibniz Institute for Polymer Research.
Prices for raw materials continued to increase in 2018, causing a widespread impact throughout the tire and rubber industries in our No. 3 story of the year.
Maastricht – Arlanxeo has launched a ‘self-service’ online platform for customers using EPDM produced at Saudi Aramco’s Petro Rabigh joint venture with Sumitomo Chemical.
Under an agreement reached with Aramco in February, Arlanxeo markets the EPDM under its Keltan trademark with the extension ‘KSA’ – standing for Kingdom of Saudi Arabia.
Cilegon, Indonesia – PT Synthetic Rubber Indonesia (PTSRI), officially inaugurated its plant for the production of butadiene rubber (BR) and solution styrene butadiene rubber (SSBR), the Michelin-Chandra Asri Petrochemical joint venture has announced.
The 29 Nov opening of plant in Cilegon was attended by the country’s minister of industry Airlangga Hartarto and other senior government officials.
Established in June, 2013, PTSRI is a JV between Michelin and PT Chandra Asri Petrochemical Tbk, with a share-ownership of 55% and 45% respectively.
PORT NECHES, Texas–Lion Elastomers is increasing the role of T.L. Squire & Co. as its North American distribution partner for reselling cold styrene butadiene rubber, Royalene and Royaltherm to selected accounts.
FRIEDRICHSHAFEN, Germany—As it prepares for future mobility solutions, Lanxess is targeting electrically charged vehicles as a key growth area.
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.
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.
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.