JSR Corporation has been supplying an extensive range of products such as synthetic rubbers for car tyres, thermoplastic elastomers with the characteristics of both elastomers and plastics, and latex for paper coating. As part of its mid-term business plan “JSR20i9,” which started in April 2017, JSR Corporation is strengthening competitiveness for the future. It focuses on earnings drivers and profit expansion in SSBR, semiconductor materials and the Life Sciences Business.

The CASE mobility will influence the entire eco-system of the tyre industry. Requirements of tyres for the CASE mobility will be different from today, and raw material suppliers are now pushing themselves meet future demand. The tyres for the new mobility are expected to have high strength, wear resistance, with reduction of emissions. To meet these needs, the company used its proprietary synthesis technology to develop the new SBR with significantly improved mechanical strength compared to conventional SBR.  The new hydrogenated SSBR combines JSR’s unique polymerisation and hydrogenation technologies to control the number of unsaturated bonds in the material. “Through this process, it is possible to optimise the interactions among polymer molecules and minimise the stress produced in crosslinking. As a result, this new SBR has, not only approximately two times the mechanical strength of conventional SBR, but also exceeds the strength of natural rubber. Tyres using this new SBR as the tread compound rubber demonstrate more than 50 per cent better wear resistance along with low fuel consumption and grip performance compared to conventional SBR-equipped tyres,” said the company.

 “In the CASE, EV vehicle is heavier, that could also lead to higher abrasion that causes rubber microparticles pollution. This is the reason we are focusing on abrasion resistance in our polymer,’’ said Arai. Constant exposure to sunlight could reason for degradation of tyres, but the new hydrogenated SSBR prevents it, and also reduce the microplastic said Arai.

Being in production of synthetic rubber over 60 years, JSR Corporation has been a significant supplier of synthetic rubber solutions to global tyre companies.  Since JSR Corporation focuses on materials solutions, it has achieved a great deal of success with various tyres. JSR’s core technology is continuously improving polymerisation with its solid foundation of polymerisation technology, and the company’s polymer design already meets a wide variety of customer needs.

The company believes in speedy development and mass production. JSR works closely with its Tire Materials Technology Development Center at its Yokkaichi Plant to develop polymers, processes and establish mass-production technologies. It applies digital techniques for research and development and mass production technologies and utilises AI and big data to tackle improvements in speed and efficiency and achieve stable quality and mass production.  With technologically tailored solutions proposals, tyre manufacturers reduce tyre development time.

In the design and development analysis technologies, JSR uses its high-level analysis technologies to design and develop optimised materials tailored to each type of rubber compound.

Demand for low resistance tyres is growing by 10% every year, and JSR intends to cater to the demand with its functionalised SSBR solutions. According to Keisuke Miyoshi, managing director, JSR Elastomer Europe GmbH said, “The company provides the functionalised Solution SSBR that provides cutting edge technology and low rolling resistance. We plan to cater to the growing demand for low rolling resistance tyres across the globe. To cater to the growing demand for low rolling resistance tyres, the company has increased its production capacities of SSBR with plants in Japan, Thailand and Hungary.”

The total capacity of SSBR is around 220KT.

Being a supplier of a wide range of synthetic rubber solutions, JSR is into the production of a wide range of SSBR, from 1st generation to 5th generation. “Depending on the customer’s demand, we can supply different generation polymers,” said Miyoshi.

With its presence around the globe, JSR focuses on making products needed for the local requirement. The company runs a continuous product development programme based on its close communication with its customers globally.  “Japanese automakers are known for making fuel-efficient vehicles, and the same performance is also expected from tyre companies. While European automakers the required strong tyres, we leverage our technical expertise to make products suitable for the respective markets,” said Miyoshi.

JSR produces SSBR at three production sites, in Japan, Thailand and Hungary, which gives the company a unique logistical flexibility to support the global tyre industry. “We are the only synthetic rubber company which is spread globally in terms of synthetic rubber production and that gives us an edge over all our competitors. Customers may not find any difference in quality. Our strategic presence helps us to be more efficient in supplying products and service,” said Miyoshi

With six sales and technical offices in all major markets, the company promptly responds to tyre manufacturer requests timely

Nouryon, a leading supplier of organic peroxides and a developer of organic peroxide solutions, has formally announced the completion of capacity expansion of its organic peroxides manufacturing facility in Ningbo, China.

The company's production capacity for Perkadox 14 and Trigonox 101 organic peroxide products, which are crucial components for altering polymer characteristics and crosslinking rubbers and thermoplastics, has increased to 6,000 tonnes each as a result of this capacity expansion. Furthermore, by improving the qualities of recycled polypropylene (R-PP), these solutions can also allow consumers to employ recycled polymers in applications that were previously exclusive to virgin plastics.

Alain Rynwalt, Senior Vice President – Performance Materials, Nouryon, said, “Nouryon is a world leader in essential ingredients for the polymer industry and this expansion highlights our dedication to supporting our customers’ growth across the entire polymer cycle. Customer interest in improving the properties of recycled polypropylene continues to rise, in line with increased consumer awareness and more stringent regulations.”

Sobers Sethi, Senior Vice President – Emerging Markets and China, Nouryon, said, “Asia Pacific is a key region for Nouryon and our most recent expansion in China strengthens our supply position even more in this growing region. Our customers rely on our existing network of manufacturing facilities and innovative technologies, and we are pleased to build more capacity to meet growing customer demand around the world.”

Trinseo, a speciality materials solutions provider, has signed agreements to supply its polycarbonate technology license as well as all proprietary polycarbonate production equipment in Stade, Germany to Deepak Chem Tech Ltd, a wholly owned subsidiary of Deepak Nitrite Limited, a diversified chemical intermediates company based in Vadodara, Gujarat, India.

The combined deals are worth USD 52.5 million. Subject to significant milestones, the business anticipates receiving around USD 9 million by the end of 2024 and an additional USD 21 million in the first part of 2025. The firm has made the decision to leave Stade, Germany, with this disposal of the production assets.

Frank Bozich, President and Chief Executive Officer, Trinseo, said, “While Trinseo recently announced its decision to exit virgin polycarbonate production, our polycarbonate technology is highly valued and the manufacturing equipment in Stade, Germany, can be utilised in India by Deepak. These are the initial steps of a strategic, collaborative partnership with Deepak, as we explore additional opportunities to leverage our technology portfolio and expand in higher-growth areas such as India.”

China's butadiene exports have experienced significant growth in recent years, particularly in 2021 and 2024. According to Sublime China Information (SCI), this surge is primarily driven by supply constraints in key regions, including the US and Southeast Asia.

Export Volume and Price Trends

In 2021, China's butadiene exports reached a historic high due to a supply gap in the US market. According to SCI, this trend continued in 2024 as reduced deep-sea cargo shipments and production challenges in Southeast Asia further tightened global supplies. From January to September 2024, China's total butadiene exports surged by 111 percent year-over-year to approximately 120.8 kilo tonnes.

The average export price of butadiene has fluctuated over the past five years. In 2023, weak demand in South Korea and competition from deep-sea cargoes led to a significant decline in export prices. However, in 2024, supply shortages from key regions drove prices to a five-year high. As of September 2024, the average export price reached USD 1,391 per metric ton, a 35 percent month-over-month increase, added SCI.

Export Destinations and Regional Dynamics

The majority of China's butadiene exports are directed to South Korea and Taiwan. In 2024, South Korea accounted for 74 percent of total exports, a significant increase from the previous year. This surge was driven by factors such as limited domestic supply and increased demand for spot butadiene.

While China's butadiene exports have been strong, the long-term potential for significant growth in deep-sea exports remains limited due to established supply chains and regional demand dynamics. Most of China's exports are currently concentrated in Northeast Asia, with limited opportunities for expansion into other regions.

Future Outlook

SCI added that 2025 China's butadiene supply is expected to be relatively sufficient, and export volumes may increase further. However, the sustained growth of exports will depend on various factors, including downstream demand in key markets, the availability of deep-sea cargoes, and the development of new production capacities in other regions.

Despite these uncertainties, China's butadiene industry is well-positioned to capitalize on global supply-demand imbalances and continue to play a significant role in the global market.

Cabot Corporation, a global speciality chemicals and performance materials company, has announced through an official statement that it will raise prices globally for carbon black products sold by its speciality carbons business. The price rise will be global and will come into effect for all shipments on or after 1 December 2024, or as contracts allow.

The company claims that the price rise is necessary owing to the impact of inflation on labour, maintenance and other production activities, as well as supply chain-related expenditures. The price increase will vary depending on the product and region.

The statement further elaborates that these price adjustments will help the company remain a dependable, long-term provider of high-quality products and services to its consumers. Cabot also underlined its commitment to guaranteeing supply security and the best service standards for its clients, as well as providing technological and process improvements and moving forward with its environmental goals.