- Malaysian Rubber Board
- Agridence Rubber Pte
MRB and Agridence Partner for Innovative Digital Platform to Promote Sustainable Natural Rubber
- by TT News
- November 07, 2023
The Malaysian Rubber Board (MRB) and Agridence Rubber Pte. Ltd (Agridence) entered a technical collaboration agreement for a pilot project to develop a digital platform for sustainable natural rubber.
This agreement signifies a significant milestone for the rubber industry, as it embraces digital traceability systems to enhance transparency and sustainability within the Malaysian natural rubber sector.
The collaboration aims to create an integrated end-to-end trade and traceability system, streamlining the path towards regulatory compliance and sustainability ultimately delivering Malaysian Sustainable Natural Rubber (MSNR) to stakeholders.
This one-year project commenced last month.
MRB has been actively digitising the domestic rubber supply chain through various initiatives, including the Rubber Transaction Authority Permit (PAT-G) for smallholders, RRIMniaga application for dealers, e-Rubber Processor (e-RP) for processors, and e-Rubber Manufacturer (e-RM) for manufacturers. This digitalisation forms a foundation for the partnership with Agridence, ensuring comprehensive visibility of natural rubber and advancing the MSNR initiative.
The government, in collaboration with the Ministry of Plantation and Commodities and MRB, is dedicated to enabling the Malaysian rubber industry to meet international sustainability standards aligned with the United Nations Sustainable Development Goal (SDG) 2030. MRB has undertaken several sustainable development initiatives across the industry value chain. The MSNR initiative, governed by the Malaysian Rubber Board (Incorporation) Act 1996 (Act 551), is a cornerstone of Malaysia’s sustainability framework for natural rubber. Malaysia is committed to strengthening collaborations with major rubber-producing nations through international platforms, emphasising the integration of production costs and sustainability factors in the rubber trade.
The pilot project between MRB and Agridence represents an innovative and collaborative venture, leveraging technology to facilitate extensive data sharing and the integration of digital traceability systems, which is crucial for meeting international sustainability requirements. Agridence and MRB will jointly establish a robust framework for seamless data sharing and integration. This framework will encompass traceability data spanning the entire rubber production process, from distribution to processing. The integrated data will be linked with the Agridence Rubber Platform, where physical natural rubber trades occur between Malaysian producers and buyers.
- Trinseo
- Life Cycle Assessment
- LCA
- Product Carbon Footprint
- PCF
- sustainability
Trinseo Establishes Lifecycle Assessment Data For 6,000 Products
- by TT News
- December 03, 2024
Specialty material solutions provider Trinseo has announced that it has established a tool that provides cradle-to-gate Product Carbon Footprint (PCF) and Life Cycle Assessment (LCA) data.
The tool features nearly 6,000 Trinseo products, which can be accessed by customers to know the exact carbon footprint associated with a particular product.
On the other hand, LCA assess the environmental impacts of a product beyond PCF, including the use of resource, human health, ecological impacts, and more. This data the company said is crucial for understanding the environmental impact of products, allowing effective material comparison, enhancing R&D innovations, and ultimately contributing to a customer’s sustainability goals.
The Trinseo’s PCF and LCA tool follow the TfS guidelines and the latest European Product Environmental Footprint (PEF) methodology and are compliant with the GHG Protocol and ISO standards 14040, 14044, and 14067.
- Longxing Chemical Stock
- Liu Jiangshan
- China Rubber (Chongqing) Carbon Black
- CSRC
Longxing Chemical Plans Full Acquisition of China Rubber (Chongqing) Carbon Black
- by TT News
- November 28, 2024
Longxing Chemical Stock has announced plans to acquire 100 percent of China Rubber (Chongqing) Carbon Black from CSRC (Singapore), according to a filing with the Shenzhen Stock Exchange.
The target company is a key producer of carbon black, a vital material used in the manufacture of automobile tyres and other rubber products.
Longxing Chemical initially proposed purchasing a 55 percent stake in the company, with its actual controller, Liu Jiangshan, set to acquire the remaining 45 percent. However, the plan has been revised, and Liu Jiangshan will no longer participate in the acquisition.
The updated proposal is still in the planning stage, with specific terms and conditions yet to be finalised. Further details are expected as the process progresses.
- PPG
- Qemetica
- Speciality Chemicals
PPG Sells Silicas Products Business To Qemetica
- by TT News
- November 28, 2024
PPG has formally announced the completion of the sale transaction of its silicas products business for USD 310 million (approximately) in pre-tax proceeds to Qemetica, a leading manufacturer of soda ash, silicates and other speciality chemicals.
The deal covers PPG’s precipitated silicas manufacturing plants in Lake Charles, Louisiana and Delfzijl, The Netherlands. Additionally, Qemetica will lease silicas production and R&D activities from PPG in Barberton, Ohio and Monroeville, Pennsylvania.
Tim Knavish, Chairman and CEO, PPG, said, “We are pleased to complete this transaction with Qemetica, and I want to thank the silicas products business employees for their dedication and commitment to the business and to PPG customers throughout the years.”
- Kraton Corporation
- Sis Polymer Products
- Price Hike
Kraton Corporation Increases Price Of Sis Polymer Products
- by TT News
- November 28, 2024
Kraton Corporation, a leading global sustainable producer of speciality polymers and high-value bio-based products derived from pine wood pulping co-products, has increased the price of its SIS polymer products by USD 330 per MT.
The company said the price hike was due to continued increase in raw materials and process chemicals.
The price hike will be global and comes into effect from 1 January 2025.
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