TSRC Subsidiary Shenhua Chemical Opens New Plant

TSRC Subsidiary Shenhua Chemical Opens New Plant

Shen Hua Chemical Industrial Co., Ltd. (Shenhua Chemical), a subsidiary of TSRC Corporation, has opened its newly constructed plant, marking the successful completion of its relocation project. The state-of-the-art facility increases Shenhua Chemical’s annual production capacity from 170,000 to 220,000 tonnes, reinforcing TSRC’s ability to meet growing domestic market demand.

Designed for sustainable growth, the new plant integrates advanced manufacturing technologies to optimise efficiency, eco-friendly solutions to reduce carbon emissions and enhanced safety protocols to protect employee well-being. This development underscores TSRC’s commitment to balancing industrial progress with environmental responsibility, ensuring long-term value for stakeholders while supporting a greener future. A leading synthetic rubber supplier in mainland China, Shenhua Chemical began its relocation in late 2021 in alignment with local environmental protection policies. With strong support from government authorities and the dedicated efforts of the project team, the new plant was completed by the end of 2024, overcoming logistical and operational challenges.

Kevin Liu, Vice President of TSRC’s Synthetic Rubber Business Division, said, “Shenhua Chemical’s new plant strengthens TSRC’s presence and market competitiveness in mainland China. The certification of the new plant by global tyre customers is progressing well and we are committed to a smooth transition in supplying our customers with reliable products and services of highest quality standard and leading technology.”

LANXESS Announces Price Hike For Rubber Additives

LANXESS Announces Price Hike For Rubber Additives

German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

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 geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Orion S.A. Announces Price Hike For Speciality Carbon Black

Orion S.A. Announces Price Hike For Speciality Carbon Black

Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. 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.

WACKER Announces Price Hike For Polymers Product Range

WACKER Announces Price Hike For Polymers Product Range

German chemical group WACKER has announced a price hike across its global polymers portfolio, 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 crude oil and natural gas 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 apply to several key product categories, specifically including polymer dispersions, a variety of resins and dispersible polymer powders. This strategic move is essential for the company to maintain operational stability and continue delivering its products reliably amidst the volatile market conditions.

The final scale of these price increases is not a fixed, across-the-board figure but will be determined by specific variables. It will largely depend on the original source of the product, with goods manufactured at the company’s European and Asian production sites being most affected. Furthermore, the terms outlined in existing customer contracts will also play a crucial role in defining the exact extent of the adjustment, ensuring a tailored approach to the implementation of this necessary price correction.

Cabot Announces Price Hike For Speciality Carbons And Compounds

Cabot Announces Price Hike For Speciality Carbons And Compounds

Cabot Corporation has announced a comprehensive global price adjustment for its portfolio of carbon black products. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 20 percent, with the exact percentage varying according to the specific product type and the regional market. This adjustment is not limited to the speciality carbons division; it will also be applied to the offerings from the company’s speciality compounds business.

In a strategic move to address persistent market volatility, Cabot is also implementing an ongoing surcharge on top of the base price increase. The company has indicated that this additional fee will be subject to regular and ongoing evaluation, allowing for adjustments that reflect the dynamic nature of current market conditions. 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, energy and essential raw materials.

Cabot emphasises that these necessary pricing measures are fundamental to its commitment to maintaining operational stability. By implementing these changes, the corporation aims to secure its position as a dependable partner over the long term, ensuring it can continue to supply high-integrity speciality carbons, black masterbatches and conductive compounds to its global customer base without interruption.