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Global carbon black market forecast to grow at a CAGR of 4.8 percent through 2024  

Friday, November 17, 2017

Pune, India - Data Bridge Market Research reports the global carbon black market accounted for $11.21 billion in 2016, and is projected to grow at a CAGR of 4.8 percent during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. On the basis of geography, the carbon black market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil, among others. The global carbon black market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers and acquisitions, new product launches, expansions, agreements, joint ventures, partnerships and others to strengthen their position in this market. - * Email

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Continental to invest more than $9 million in its textile reinforcement business in Georgia  

Friday, November 17, 2017

Fairlawn, OH - Continental announced it will invest more than $9 million in its textile reinforcement business and streamline operations in its Georgia operations. Continental operates a facility in Porterdale, GA, under its ContiTech Division, which produces single end yarns for technical reinforcement applications that adhere to specific rubber compounds, such as hoses and tires. At the end of 2018, the Porterdale operations will relocate to Continental’s Aldora Mills facility, located approximately 45 miles south of Barnesville, GA. “The consolidation of these facilities will allow us to maximize our efficiencies and optimize our manufacturing footprint,” said Jim Hill, president of Continental’s ContiTech North America operations. “This will enable us to drive synergies and combine some operations under one roof.” With the relocation of the Porterdale operations, employees will be given the opportunity to transfer to the Barnesville location, or if eligible, elect to retire. The Barnesville location, which currently employs just over 200 people, will grow by an additional 106 employees, including those who transfer from Porterdale, as well as new hires. During the consolidation of the two facilities, Continental will invest more than $9 million to modernize equipment and improve efficiencies and production at the Barnesville location. “This future-orientated investment allows us to ensure continuity in our business as well as extend our long-term viability. We are committed to remaining in yarn and fabric production to support our North American manufacturing operations for our customers and associates,” said Hill. The Aldora Mills facility, located in Barnesville, GA, opened in 1888 as a cotton mill. The facility began producing tire cord in the early 1920s, and was purchased by Continental in 1986. Today, Aldora Mills produces tire cord fabric used for Continental and General brand passenger and light truck tires. - * Email

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McLube

Myanmar rubber exports set to rise  

Friday, November 17, 2017

Naypyidaw, Myanmar - The price of rubber has fallen below its cost of production in major exporting countries. Yet, international demand for rubber produced in Myanmar has risen and insiders reckon things could remain upbeat for a while more. “Myanmar rubber production will certainly increase on the back of rising international consumption and demand,” U. Myo Thant, vice chair at the Myanmar Rubber Planters and Producers Association (MRPPA), told The Myanmar Times. The emerging trend represents a rare opportunity for Myanmar rubber producers to secure a foothold in the global market after lagging for years behind the world’s three major rubber producing countries: neighboring Thailand as well as Malaysia and Indonesia. The global rubber trade is an inherently cyclical one. Rubber tree saplings take 7-10 years to mature before the barks are removed to harvest natural rubber, a sticky, cream-like sap which is used to produce tires and other goods. The rubber produced is then processed and graded for quality. RSS3 rubber, for instance, is used as a component in tire-making, while RSS5 is of cheaper and lower-grade quality. According to U. Myo Thant, major rubber producers will soon be unable to supply sufficient quantities of rubber to tire factories in China and other importing countries because rubber saplings have not reached the right age for harvesting. Meanwhile, the International Tripartite Rubber Council (ITRC) comprising Thailand, Malaysia and Indonesia announced this month that it expects the ‘La Nina’ weather phenomenon to bring heavy rains to the region in the coming months, which will affect production and supply of natural rubber to global markets. The ITRC also concluded that current prices of rubber were “not reflective of market fundamentals.” Prices of Thai natural rubber have fallen from a peak of 179.25 baht ($5.41) per kg in 2011 to 47.75 baht on November 10, according to Reuters. This is where Myanmar can step up to fill the gap and establish itself as a serious rubber exporter, U. Myo Thant said. Currently, there are some 1.6 million acres of rubber plantation land in Myanmar, with 7 million trees now at the right age for harvesting natural rubber. Most of the country’s rubber trees are grown in Mon State as well as in the Taninthayi and Bago regions. Demand already appears to be rising, with more than 700 metric tons exported to China and Thailand via Myanmar’s order gates in the second week of October compared to 460 metric tons in the first week of that month, according to government data. In September, Myanmar exported a total of 1,077 metric tons of rubber. Around 80 percent of the rubber produced is exported to China, with the remaining sold to Thailand, Malaysia and Japan, as well as local factories. Yet, rubber prices in Myanmar lag behind global spot prices when rising, but fall just as fast,” said U. Mehn Htein Win, coordinator for the Mon State Development Advisory Group. For example, Myanmar rubber prices are currently K835-K840 per pound, while the Thai equivalent is K873 per pound. This is due to inconsistent grades of rubber produced by local plantations. “Around 85 percent of Myanmar rubber plantations is run by small-scale rubber farmers, which causes the product form and quality to differ from each other. Myanmar rubber production is not standardized. We can’t guarantee consistency across one product form,” he said. U. Tun Htay, Mon State Minister for Agriculture, Livestock, Transportation and Communications, told local media that 90 percent of Myanmar rubber is low-quality, resulting in industry losses of K 400 million a year. Because of the lack of quality and demand for Myanmar-produced rubber, producers are at a disadvantage and forced into becoming price takers of selling their products. The other reason for poor quality is the lack of skilled manpower. “Our region is near Thailand, so most of our skilled workers go to Thailand to earn money,” U, Aung Myo, chair of Dawei District Rubber Growers Association, told The Myanmar Times. - * Email

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Lanxess to purchase Solvay's U.S. based phosphorus unit  

Friday, November 17, 2017

Brussels, Belgium - Solvay S.A. has agreed to sell its U.S. facility in Charleston, South Carolina, and the phosphorus derivatives-based products made at the plant, to German specialty chemicals company Lanxess. Employees at the site will also be transferred. “The divestment will strengthen Solvay’s focus and resources on our existing leadership positions in phosphine gas, phosphine derivatives and phosphorous specialties,” said Michael Radossich, President of Solvay’s Technology Solutions Global Business Unit. “With Lanxess, our Charleston employees and our customers will have a buyer with a strategic, geographic and technical fit to expand the business and its offerings.” The site in Charleston, South Carolina, includes six production units, where roughly 90 employees manufacture phosphorus chloride plus numerous derivative products such as flame-retardants and intermediates for the agrochemical industry. The business represents annual sales of around €65 million. “With this acquisition, we are benefitting from a North American platform for phosphorus-based specialty chemicals – a key component of our additive business – and are able to further drive our growth in this key region,” said Anno Borkowsky, General Manager of the Additives business unit at LANXESS. The products at the site are used primarily as intermediates in plastic additives, flame retardants and agricultural applications. The business represents sales of approximately €65 million. Completion of the transaction is subject to customary closing conditions, including antitrust approvals, and is expected in the first half of 2018. - * Email

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Book of the Day - Resistance and Stability of Polymers  

Friday, November 17, 2017

Akron, OH - A new book is offered in the Rubber World book store: Resistance and Stability of Polymers. The stability and resistance of polymeric materials determine whether they can be utilized in a given application. Authoritative and reliable material information is needed during the material selection process, and this information must consider the influences of material manufacturing, compounding and stabilization, processing, part design, use and subsequent disposal/recycling. This book is based on a review of more than 1,200 literature sources and represents a comprehensive overview of the current know-how regarding the stability and resistance of thermoplastics, thermosets and elastomers, as well as the most commonly used reinforcements and additives. Extensive tables document material resistance to given media, facilitating appropriate material selection or stabilization for a given application. Volume 1 covers principles of aging, testing methods, stabilization, processing, applications, mechanical behavior of fiber reinforced plastics. Volume 2 covers plastics, rubbers and their acronyms. Other abbreviations, tables of chemical resistance, a bibliography and an index are included. Author: Gottfried Ehrenstrein and Sonja Pongratz; ISBN: 978-1-56990-456-5; two volumes, 1,436 pages; 2013, hardcover; $499.95 USD + SH. Visit http://www.rubberworld.com/RWbookstore.asp for more information. - * Email

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