Tag: raw materials
IRSG welcomes new Thai member
The IRSG has welcomed a new member, the Plastics Institute of Thailand. The Plastics Institute of Thailand is the eighth specialised network institution under the foundation development industry, ministry of industry approved by a cabinet resolution on 16 November 2010. Its goals are: Technology and management development; increasing marketing capabilities; and creating a plastic industry database.
Kordsa inaugurates new polyester yarn in Turkey
Operations have started at the recently-completed 3,500 square metre polyester line built at the Kordsa plant in Izmit, Turkey. Kordsa’s Tire Reinforcement business unit commenced work on the additional line in December 2017, and 100 million Turkish lira (£13.3 million) has been invested to provide an additional 7,000 tonnes of polyester yarn capacity. The project was carried out as part of plans announced in 2016 to invest $30 million in further capacity for Korda’s plants in Turkey and Indonesia.
Hexpol growth driven by compounding and exports
Almost 10 years after Hexpol embarked on a prolonged growth-by-acquisition strategy, here Tyres & Accessories examines the company’s overall progress as well as the particular example of UK-based Hexpol Group member, retreading compound supply specialist Berwin Polymers.
2 Hexpol management changes during first quarter
During the first quarter of 2019, Hexpol announced a couple of senior management changes. Most recently, at the end of February, Karin Gunnarsson decided to leave her position as Chief Financial Officer (CFO) and Investor Relations Manager at the Hexpol Group in pursuit of “new challenges”:
Top natural rubber produces cutting exports by 240,000 tons
On 6 March, the International Tripartite Rubber Council (ITRC) announced plans to reduce rubber exports by 240,000 tons for the next four months.
Evonik’s new truck tyre silica
Evonik reports that it has developed a new silica that it says is particularly suitable for use in truck and bus (TBR) tyres. In contrast to passenger car tyres, TBR tyres use mainly natural rubber, which, in combination with silane, places special requirements on the silica. With Evonik’s latest silica/silane development, fuel savings could be as high 8 per cent, the company said, which cuts costs and is better for the environment.
Trinseo presents new synthetic rubber solution
Trinseo, the global plastics, latex binder, and synthetic rubber manufacturer, is introducing a new grade of multifunctionalized S-SBR called Sprintan 918S, at the Tire Technology Expo from March 5-7 in Hanover, Germany.
BKT carbon black plant opening end of March
On 8 February 2019 Balkrishna Industries’ (BKT) confirmed that the first phase of its new carbon black plant will be commissioned by 31 March 2019.
Lehigh win Circular Economy award in Davos
Lehigh Technologies has won the Young Global Leaders Award for Circular Economy SME (small to medium-sized enterprise) for The Circulars 2019, the 5th iteration of the award, in Davos at the World Economic Forum on 21 January 2019.
IRSG: World rubber demand to rise 2.5% in 2019
Global demand for rubber is expected to rise about 2.5 per cent in 2019 to more than 30 million metric tonnes, according to the International Rubber Study Group (IRSG).
Saudi Arabia investing US$2 billion in solar/carbon black complex
Saudi Arabia is planning to develop a $2 billion solar and carbon black integrated complex in partnership with China’s Longi and South Korea’s OCI, according to various news reports from the area.
China establishing rubber Free Trade Zone in Sri Lanka
China has begun establishing a rubber Free Trade Zone (FTZ) in Sri Lanka. The arrangement will help promote the country’s rubber industry and boost sector earnings. In return, China is asking for long-term access to lands and tax concessions, according to various media reports.
DuPont increases Zytel and Crastin prices
DuPont Transportation & Advanced Polymers has announced that it will increase the prices of its DuPont Zytel products by the equivalent of $400 per metric tonne and DuPont Crastin products by the equivalent of $200 per metric tonne.
Xingda tyre cord opens European office
Chinese tyre cord manufacturer Xingda has opened a European office in Luxembourg. The new European operation has been registered as Xingda Europe Limited and is a subsidiary of Xingda International Holding Company.
Berwin Industrial Polymers featured in Parliamentary Review
An important event in the diaries of both politicians and business leaders, the September release of The Parliamentary Review sees the documents highlight the best practice of organisations across the private and public sectors. The document shares some of the most forward-thinking work that has occurred in the country over the last year and is edited by former minister The Rt Hon David Curry. The 2018 edition features UK-based tyre compound supplier Berwin Industrial Polymers.