Birla Carbon Spain Secures EUR 2 Million SODERCAN Grant For Steam Turbine Project In Cantabria

Birla Carbon Spain Secures EUR 2 Million SODERCAN Grant For Steam Turbine Project In Cantabria

Birla Carbon Spain has been awarded a EUR 2 million grant by the Society for Regional Development of Cantabria S.A. (SODERCAN), a public entity of the Government of Cantabria, to advance an energy autonomy initiative at its Cantabria plant. The funding announcement was made in late February during a visit attended by María José Sáenz de Buruaga, President of Cantabria; Eduardo Arasti, Minister of Industry, Employment, Innovation, and Trade of Cantabria and Ángel Pedraja, CEO of SODERCAN. The grant forms part of a broader investment project by Birla Carbon Spain aimed at strengthening energy self-sufficiency at the facility.

The funding will support the installation of a 4 MW back-pressure steam turbine at the Cantabria unit, enabling it to generate electricity and steam internally for operations. When completed, the project is expected to reduce CO2 emissions annually while also decreasing reliance on water from the Miera River for cooling purposes and reducing process water discharge. Beyond these environmental benefits, the investment will help safeguard nearly 200 direct and indirect jobs associated with the facility, reinforcing the company's commitment to both sustainability and regional economic stability.

During the visit, President María José Sáenz de Buruaga was briefed on the technical and environmental aspects of the project and described it as a collective success. She recognised Birla Carbon Spain's strategic role in the regional industrial ecosystem and its position as a benchmark for innovation in Europe. The initiative represents a significant step towards sustainable manufacturing practices while demonstrating the company's dedication to long-term operational viability and environmental stewardship in Cantabria.

Dale Clark, Chief Manufacturing Officer, Americas & EMEA, Birla Carbon, said, “We were honoured to welcome the President of Cantabria, the Minister of Employment, Innovation and Trade of Cantabria and the CEO of SODERCAN to our Cantabria plant. Their support reflects the strategic importance of our operations to the region and the industries we serve with our carbon black solutions. The steam turbine will be key in helping the plant achieve energy autonomy, reducing our carbon footprint and strengthening long-term operational resilience. At Birla Carbon, we also remain continuously focused on improving energy efficiency, reducing water consumption and advancing sustainable manufacturing practices across our global operations.”

María José Sáenz de Buruaga, President of Cantabria, said, “With this contribution, not only does Birla Carbon win, but Cantabria wins too, because we are making decisive progress in the transformation of our production model and in our commitment to industrialisation.”

ANRPC Publishes Monthly NR Statistical Report For February 2026

The Association of Natural Rubber Producing Countries (ANRPC) has released its Monthly NR Statistical Report for February 2026, detailing a period of significant market activity influenced by geopolitical tensions, macroeconomic changes and shifting supply-demand dynamics within the global natural rubber sector.

As per the report, global natural rubber production for 2026 is forecast to reach 15.324 million tonnes, a 2.2 percent increase from the 14.996 million tonnes recorded in 2025. February output alone is projected at 994,000 tonnes, marking a 3.4 percent year-on-year rise due to favourable weather and higher rubber prices. Despite this overall growth, production trends vary among member nations. While Thailand is expected to remain the top producer, Indonesia and Vietnam face short-term constraints from structural and agronomic issues. Meanwhile, Malaysia is advancing efforts to restore abandoned plantations, with the Rubber Production Incentive activated in Sarawak and Sabah and the Malaysian Rubber Board targeting the rehabilitation of 4,137 hectares of idle land in 2026.

Physical and futures markets saw notable price increases across major grades in February. In Kuala Lumpur, SMR-20 averaged USD 2.01 per kilogramme, a 5.13 percent monthly gain, while STR-20 in Bangkok rose 5.12 percent to USD 2.11 per kilogramme. Sheet rubber grades also strengthened, with RSS-3 increasing 7.84 percent to USD 2.35 per kilogramme and RSS-4 in Kottayam surging 10.38 percent to USD 2.34 per kilogramme. Centrifuged latex in Kuala Lumpur closed the month at USD 1.61 per kilogramme. Futures mirrored this firming trend, as the Shanghai Futures Exchange May 2026 contract averaged roughly 16,508 CNY (approximately USD 2,388) per tonne and the SGX contract averaged USD 1.92 per kilogramme, supported by strong demand and tightening supply expectations ahead of the seasonal low-yield period from February to May.

Crude oil volatility added further complexity, with Brent averaging USD 70.89 per barrel in February – up 6.43 percent from January – before spiking to approximately USD 104 per barrel in early March following military actions in the Middle East and the closure of the Strait of Hormuz, a conduit for nearly 20 percent of global oil supply. This has introduced a risk premium with implications for synthetic rubber competitiveness and natural rubber demand. Currency shifts also play a role, as the Malaysian Ringgit appreciated modestly to 3.89 MYR per USD and the Thai Baht strengthened to around 31.08 THB per USD by late February, affecting trade competitiveness. Looking ahead, rising automotive production, especially of new energy vehicles in China, India and Southeast Asia, is expected to sustain demand and support prices. However, risks persist from US-China trade tensions, Middle East geopolitical instability, weather uncertainties during the low-yield season and currency fluctuations tied to US monetary policy, all of which could disrupt supply chains and export revenues.

Tokyo Zairyo Expands Indian Operations With New Chennai Branch Office

Tokyo Zairyo Expands Indian Operations With New Chennai Branch Office

Tokyo Zairyo Co., Ltd., a wholly owned subsidiary of Zeon Corporation, marked a significant milestone in November 2025 by establishing a new branch office in Chennai, Tamil Nadu, India. Following the completion of all necessary preparations, this location has now commenced full-scale operations. The move represents a deliberate effort to broaden the company’s commercial reach across the Indian market while simultaneously constructing an organizational structure capable of responding with greater agility to the evolving and increasingly diverse requirements of its customers.

This southern expansion comes approximately 15 years after the company first established its Indian subsidiary, Tokyo Zairyo (India) Pvt. Ltd., with an office in Gurugram, Haryana, in 2011. By positioning a second office in Chennai, the firm now operates a coordinated network spanning the northern and southern regions of the country. Close collaboration between the two locations is intended to strengthen information services and enhance user support, leveraging both internal capabilities and external partnerships to better serve Japanese automotive parts manufacturers and processors operating throughout India.

Through this dual-office structure, Tokyo Zairyo is poised to advance its core business of purchasing and selling a broad spectrum of materials, including rubber, resins and elastomers. The synchronised operations in Gurugram and Chennai enable the company to deliver more responsive support, ensuring that clients across the Indian automotive supply chain benefit from efficient service and a reliable supply of essential materials.

Kuraray Announces Price Hike For Liquid Rubber And ISOBAM

Kuraray Announces Price Hike For Liquid Rubber And ISOBAM

Kuraray Co., Ltd. has announced a comprehensive global price adjustment for its portfolio of Liquid Rubber products and ISOBAM alkaline water-soluble polymer. These changes, which are set to take effect on 16 April 2026, will see prices rise by at least USD 2 per kg.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

This strategic move is essential for the company to maintain operational stability and continue the supply of Liquid Rubber and ISOBAM amidst the volatile market conditions.

WACKER Announces Price Hike For Silicone-Based Products

WACKER Announces Price Hike For Silicone-Based Products

German chemical group WACKER has announced a price hike across its silicones product range, responding directly to significant upheavals in international commodity markets triggered by the recent military conflict in the Middle East. This geopolitical instability has created pronounced distortions throughout the supply chain, leading to a sharp escalation in the costs of essential inputs. The company is experiencing substantially higher prices for energy as well as for various other raw materials and logistics services.

To address this challenging economic landscape and offset the considerable burden of increased raw material and transportation expenses, the chemical group is implementing price adjustments effective 1 April 2026. The updated pricing will be communicated to the customers accordingly. This strategic move is essential for the company to maintain operational stability and continue delivering its products reliably amidst the volatile market conditions.