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Bridgestone Americas names new consumer tire division president

Friday, October 31, 2014

Nashville, TN - Bridgestone Americas announced that T.J. Higgins has been named president, Consumer U.S. and Canada, for Bridgestone Americas Tire Operations, effective November 3. Higgins brings more than 20 years of big brand consumer products marketing and strategic business experience to Bridgestone, leading product strategy and marketing for a number of recognizable brands and products. Most recently, he served as the North America regional president for Pfizer Consumer Healthcare, and has held leadership roles at Merck and Vlasic throughout his career. Higgins succeeds Gordon Knapp, who became chief operating officer of Bridgestone Americas in March of this year. "Our company is redefining the way we approach our business," said Knapp. "T.J. has demonstrated an ability to build quality teams, maximize product demand and create innovative ways to meet customer needs. His experience will serve us well as we continue to build a consumer tire business that's sustainable well into the future." The arrival of a new president follows a series of innovative product introductions for the Bridgestone consumer tire business, including the company's all-new DriveGuard run-flat tire line, which appeals broadly to safety-minded consumers and moms. Bridgestone continues to assert itself as a leader in consumer tire design, delivering unique products that meet the emerging needs of a diverse group of consumers. Higgins earned a bachelor's degree in accounting from Lehigh University and an MBA from Harvard Business School. He will relocate to Nashville from his current home in New Jersey. - * Email

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RheinChemie

Cabot Corporation announces fourth quarter and full fiscal year results

Friday, October 31, 2014

Boston, MA -Cabot Corporation announced results for its fourth quarter and full fiscal year 2014. Key Highlights: Delivered record adjusted EPS in fiscal 2014 representing a 17 percent increase over fiscal 2013; strong cash flow generation with fiscal 2014 cash flows from operating activities of $305 million; higher year-over-year volumes in Reinforcement Materials and Performance Materials drove improved fourth quarter performance; Completed sale of Security Materials business for $20 million. Commenting on the results, Cabot president and CEO Patrick Prevost, said, “In fiscal 2014, we delivered $593 million of adjusted EBITDA through record-setting performance in Reinforcement Materials and Performance Materials. We also continued to focus on improving the competitiveness of our businesses through strategic expansions, the introduction of new products, and the execution of key business initiatives. Over the past year, we successfully commercialized our new carbon black plant in China and completed the acquisition of our partner’s share of our joint venture in Mexico. We saw the contribution from a number of new products, particularly for specialized applications such as adhesives, batteries, higher performance tires and toners. We also completed the divestiture of our Security Materials business and received the final payment for the sale of our Supermetals business. We were successful at delivering earnings growth this year as we continued to focus on creating value for our shareholders.” Prevost continued, “We achieved another strong quarter of business performance in our fourth fiscal quarter. Volumes increased as compared to the prior year quarter in both the Reinforcement Materials and Performance Materials segments as we commercialized new capacity and new products and as demand in our key end markets improved. In Purification Solutions, the operations have stabilized and results improved primarily due to a benefit related to business interruption and property damage insurance recoveries.” - * Email

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McLube

Trinseo announces conference call date for third quarter results

Friday, October 31, 2014

Berwyn, PA - -Trinseo announced that it will host a conference call to discuss its Third Quarter 2014 financial results on Friday, November 14, 2014 at 10 a.m. Eastern Time. Commenting on results will be Chris Pappas, president and chief executive officer; John Feenan, executive vice president and chief financial officer; and David Stasse, vice president, Treasury and Investor Relations. The conference call will be available by phone at: Participant Toll-Free Dial-In Number: 877-372-0878; Participant International Dial-In Number: +1 253-237-1169; Conference ID/passcode: 28766553. The company will also offer a live, listen-only Webcast of the conference call on the Trinseo Investor Relations website. Trinseo will distribute its Third Quarter 2014 financial results by press release on Business Wire and post the release and presentation slides on the company’s Investor Relations website on Thursday, November 13, 2014, at 4:30 p.m. Eastern Time. The presentation slides will also be made available in the webcast player prior to the conference call. The company will also furnish copies of the financial results press release and presentation slides to investors by means of a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). A replay of the conference call and transcript will be archived on the company’s Investor Relations website shortly following the conference call. The replay will be available until November 13, 2015. Formerly known as Styron, Trinseo previously announced plans to change the name of all Styron affiliated companies to Trinseo. Some, but not all, of the Styron companies have completed the name change process and are currently known as Trinseo; Styron companies that have not completed this process will continue to do business as Styron until their respective name changes are complete. Styron's operating companies also continue to do business as Styron at this time. - * Email

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Bluestar Silicones unveils high performance LSR for long-term implant

Friday, October 31, 2014

Minneapolis, MN - Bluestar Silicones unveils its new Silbione biomedical liquid silicone rubber product line for long-term implant applications of greater than 30 days in the body at the Medical Design & Manufacturing (MD&M) East Conference (Booth #1030), October 29-30, at the Minneapolis Convention Center. "This introduction marks the first next generation of LSR materials offered to the long-term implant market in decades," says Karen O'Keefe, marketing director for the company's U.S. healthcare market. "Bluestar Silicones is excited to bring new performance and processing capabilities to this marketplace. And, we deliver these silicone solutions with a personal touch unmatched in the industry." Available in durometer A 01 through 70 hardnesses, this high performance LSR product line offers outstanding physicals to achieve product design optimization in an easy-to-process formulation, improving cycle time and part quality. "Bluestar Silicones continues to invest for aggressive growth in North America and beyond," says J. Christopher York, president, Bluestar Silicones U.S.A. "Our new manufacturing footprint in York, combined with investments we continue to make in equipment, quality improvements, product development and market expansion, position us for success in our existing and new markets. We are delivering a functional expertise our customers appreciate and trust. Our goal is to create a unique customer experience that helps our partners excel in their marketplaces." Bluestar Silicones' new 226,000 sq. ft. facility in York, SC, which includes state-of-the-art clean rooms and enhanced quality systems, will be the global center of excellence for the company's implant-grade silicones. With prior experience in long-term implantable applications, Bluestar Silicones offers the broad know-how and unique formulations and master files to support the market's specific needs. Bluestar Silicones achieved certification under the Responsible Care Management System (RCMS) after three rigorous external audits. This system ensures all processes and procedures are documented, executed and tested on an ongoing basis. - * Email

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Toyo Tires adds new EPA SmartWay commercial tire to line-up

Friday, October 31, 2014

Cypress, CA – Toyo Tire U.S.A. Corp. announces a new SmartWay verified drive tire, the Toyo M650, has been added to the commercial tire line-up. The M650 is designed for regional haul service and higher-torque operating conditions. The unique design and construction provide excellent traction and even wear while meeting the U.S. EPA standards for low rolling resistance. The M650 was developed using the company’s proprietary E-balance technology which optimizes design to offer extended casing life, exceptional durability, and reduced fuel consumption. Performance and durability are also enhanced by tread design and construction. The rib/lug pattern has a deep tread depth of 28/32” for optimum performance in both wet and dry conditions, while tie bars on the shoulder bridge help reduce tread block movement. Four steel belt construction braces the tread area for improved mileage, while providing resistance to irregular wear and contributing to the reduced rolling resistance. “The new M650 combines drive traction with low rolling resistance for regional haul trucks,” said Lowell Slimp, senior product manager, commercial truck tires, Toyo Tire U.S.A. Corp. “This helps to further expand the SmartWay verified offerings from Toyo Tires, giving commercial truck operators a greater selection when outfitting their rigs to meet their specific needs.” Operators will also appreciate the extended casing life and retreadability of the M650, thanks to an advanced casing design and unique compounding. This new SmartWay verified drive radial will fit 22.5-inch wheels. In addition to the new M650 premium drive radial for regional haul service, Toyo Tires offers the following SmartWay verified products: The M144 regional steer tire; the M177 steer tire for regional to long haul; the M137 steer tire for long haul; the M657 drive tire for regional to long haul; and the M157 trailer position free-rolling tire. - * Email

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Intertex Transloading Services, Inc. establishes Berkeley County facility

Friday, October 31, 2014

Columbia, SC – A company specializing in the distribution of synthetic rubber, carbon black and process oils is opening a facility in Berkeley County. Intertex World Resources, Inc. is investing $3.2 million to establish Intertex Transloading Services, Inc. in Moncks Corner, SC. The investment is expected to create 10 local jobs. Founded in 1990 and based in Akron, OH, Intertex World Resources, Inc. is one of the largest and most diversified distributors of elastomers, master batches, natural and synthetic rubber, process oils and carbon black, a material used as reinforcing filler in tires and other molded rubber and plastic products. These materials have tremendous relevance in South Carolina as the Palmetto State is currently the number one producer and exporter of tires in the United States. This new Berkeley County facility, a more than 100,000-square-foot building located at 164 Spring Grove Road, will specialize in the transloading of carbon black. This is a major step for Intertex Transloading Services, Inc. as the company seeks to become a larger supplier to the growing tire and rubber industry in South Carolina and the Southeastern United States. Hiring for the new positions is currently underway. Those interested in applying may contact Gary Horning at gary@intertexworld.com for more information. - * Email

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Book of the day - Rubber Molding Principles

Friday, October 31, 2014

Akron, OH - Rubber Molding Principles, written by Van Walworth, Date Release: August 2013. ISBN: 978-616-90836-8-9, Hardbound, 150 Pages, Publisher: TechnoBiz Communications Co., Ltd., Book Cost: $89 plus S&H. Book Contents: Chapter 1: Introduction to Rubber Molding; Chapter 2: Rubber Behavior in the Molds; Chapter 3: Rubber Molding Presses; Chapter 4: Compression Molding; Chapter 5: Transfer Molding; Chapter 6: Injection Molding; Chapter 7: Vacuum Molding; Chapter 8: Wasteless/Flashless Molding; Chapter 9: Basic Rubber Mold Design; Chapter 10: Process Troubleshooting; and Chapter 11: Molding Process Selection Guide. Visit RubberWorld's Bookstore to purchase at www.rubberworld.com - * Email

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