Tag: carbon black
Cabot changes EMEA leadership
Effective 1 October 2018, Jay Doubman, currently senior vice president, Corporate Strategy and Development, and president, Cabot Corporation Specialty Fluids segment, will assume responsibilities for leading the specialty carbons, fumed metal oxides, and aerogel product lines, as senior vice president and president, Performance Additives.
Orion increases speciality carbon black price
On 13 July Orion Engineered Carbons announced it will implement price increases on all Specialty Carbon Blacks worldwide beginning 1 September 2018. According to the company, these actions are due to “continuously rising costs for raw materials and freight”.
Birla Carbon adding 150kMT of capacity
Birla Carbon has announced a series of expansion plans designed to raise its carbon black capacity in a number of regions.
Scandinavian Enviro Systems sign Middle-Eastern tyre recycling deal
Scandinavian Enviro Systems has signed a HoA (Heads of Agreement) with the German company DHF Development to facilitate the establishment of one or more recycling plants in The Middle East together with Industrial Development and Renovation Organisation of Iran (IDRO). The agreement is valid for a period of three months. The deal was signed on 6 July 2018.
Birla Carbon operations unified under one name
On 3 July 2018 Birla Carbon, an Aditya Birla Group company, renamed all of its entities worldwide as “Birla Carbon.” As a result former Columbian Carbon and Thai Carbon Black business will now be known as Birla Carbon.
Sid Richardson raises carbon black prices
Effective for all shipments on or after 1 August 2018, or as contracts allow, Sid Richardson Carbon is increasing prices on all carbon black products.
China Synthetic Rubber considering India location
Taiwan-based China Synthetic Rubber is considering investing 10 billion rupees (126 million euros; £110.9 million; US$146.8 million) in a carbon black manufacturing facility in Gujarat, India. According to the Financial Express, the company has identified potential locations in the chemicals and petrochemicals investment region for the proposed project.
Global carbon black market to grow 5.6% CAGR by 2023
The future of the global carbon black market looks good with the market expected to reach an estimated US$20.2 billion by 2023. This means that during the period between 2018 and 2023 the market will grow at a Compound Annual Growth Rate (CAGR) of 5.6 per cent.
Cabot increases rubber carbon black prices in North America
Effective 1 June 2018, Cabot Corporation is increasing prices for carbon black products sold by its Reinforcement Materials segment in North America. All Vulcan, Sterling, Regal, Spheron and Propel carbon black products will increase by $0.045/lb except for Vulcan XC-72, Vulcan XC-72 R and Sterling C carbon blacks. In addition, prices will increase by 4 per cent for Black Pearls, Monarch, CRX, Vulcan XC-72, Vulcan XC-72 R and Sterling C carbon black products.
Cabot CFO retires
Cabot Corporation has announced that Eduardo Cordeiro, executive vice president, chief financial officer (CFO) and president of the Americas Region, will retire from Cabot at the end of 2018. He steps down from these roles effective 15 May 2018 at which time Erica McLaughlin, the company’s vice president of business operations for Cabot’s Reinforcement Materials segment and general manager of the tyre business, will become senior vice president and CFO. Cordeiro will remain with Cabot in an advisory capacity through the end of the year to assist in a smooth transition.
Cabot Corporation expands specialty compounds business
Cabot Corporation has completed two expansion projects extending its global footprint in black masterbatch and compounds and increase manufacturing capacity. The expansion has been achieved via an acquisition and the addition of capacity in Belgium.
Linglong Tire signs carbon black agreement with Aditya Birla Group
India’s Aditya Birla Group is now Linglong Tire’s carbon black supplier. The Chinese tyre maker reports the signing of agreement with Aditya Birla subsidiary Thai Carbon Black Public Co. Ltd. on 4 April at a ceremony attended by Wang Feng, president of Linglong Tire, Sanjeev Sood, president of Thai Carbon Black Public, and Amit Saini, the Birla Group company’s vice-president of sales and marketing.
Sri Lanka tyre manufacturer signs recycled carbon black order
A leading tyre manufacturer has placed a first order on Swedish tyre pyrolysis firm Enviro’s recycled carbon black (EnviroCB) for immediate delivery. “Initially the order volume is small, but is expected to increase significantly over time. The customer is a global manufacturer of tyres and rubber applications and this order relates to industrial tyres”, says Thomas Sörensson, CEO of Enviro.
Orion completes Korea Carbon Black plant
Orion Engineered Carbons has completed construction of a new carbon black production line at its plant in Yeosu, South Korea, to produce specialty products. The line started production on 23 November and has begun commercial sales.
BKT: Bhuj carbon black plant to ‘better ensure raw material qualities’
Eight hectares have been set aside at the Balkrishna Industries Limited (BKT) production site in Bhuj, India for the construction of a new carbon black plant. Last month the tyre maker’s Board of Directors approved an initial investment of Rs 1.5 billion (£18.1 million) for this project to add backward integration to BKT’s supply chain, and the company says the plant will not only provide a constant supply of raw materials for its tyre production, the carbon black produced in Bhuj will enable it to “better ensure raw material qualities thanks to the now even more accurate controls at the beginning of the entire manufacturing process.”