- Goodyear Tire & Rubber
- Nicole Gray
Rubber Board Launches Landslide Zonation Map and Rubber Census App
- by TT News
- July 24, 2021
Rubber Board of India launched the Landslide Zonation Map of rubber plantations and the mobile app ‘RUBAC’ for rubber census in the country in a function held at Rubber Research Institute of India (RRII).
The MOU for the collaborative project of Cardamom Research Institute (ICRI) of Spices Board India, Digital University of Kerala and the Rubber Board for developing digitized soil fertility maps and online fertilizer recommendation for cardamom plantations in the lines of RuBSIS developed for rubber was also shared in the function. Prof. Saji Gopinath (Vice Chancellor, Digital University of Kerala), D. Sathiyan IFS (Chairman and Secretary, Spices Board India), M.D. Jessy (Director (Research) in-charge) and M.J. Lizy (Joint Director, Statistics and Planning Department, Rubber Board) spoke on the occasion.
The RRII has successfully delineated rubber plantations into low, medium and high landslide risk categories using satellite-derived maps of the distribution of rubber plantations in the State and the district-wise landslide susceptibility zones developed by the Kerala State Disaster Management Authority. Based on this, Board can recommend growers to adopt good agricultural practices at a location according to its vulnerability to landslides as well as cultural operations that should not be undertaken to minimize the impact of landslides. The map is available at https://lsz.rubberboard.org.in
Rubber Board is conducting a nationwide census on rubber to prepare a comprehensive data base on rubber plantations and rubber growers with the help of mobile application. Reliable and timely statistics on new planting, replanting, actual area under rubber, level of adoption of recommended agro management practices, harvesting practices followed etc. are necessary for implementing rubber related development projects. The mobile app ‘RUBAC’ is developed by the Rubber Board in association with the Indian Institute of Information Technology and Management and is expected to reduce the processing time considerably. The rubber census is proposed to be carried out on all rubber growing areas of the country in a phased manner. As the first phase of the programme, the census will start in Kottayam District of Kerala. (TT)
- Nouryon
- Organic Peroxides
- Capacity Expansion
- Polymer Industry
- Recycled Plastics
Nouryon Completes Capacity Expansion Of Its Organic Peroxide Facility In China
- by TT News
- November 21, 2024
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
- speciality materials
- Polycarbonate Technology
- Deepak Nitrite Limited
- Deepak Chem Tech Ltd
Trinseo To Sell Polycarbonate Technology License And Assets To Deepak Chem Tech Ltd
- by TT News
- November 15, 2024
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.”
- Sublime China Information
China's Butadiene Exports Surge Amidst Supply Shortages: SCI
- by TT News
- November 14, 2024
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
- Carbon Black
- Speciality Carbons
- Speciality Chemicals
Cabot Corporation To Increase Prices Globally For Carbon Black Products
- by TT News
- November 12, 2024
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.
Comments (0)
ADD COMMENT