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High density polyethylene market is expected to reach $84.79 billion  

Friday, August 28, 2015

Albany, NY - Transparency Market Research has released a new market report titled "High Density Polyethylene (Blow Molding, Pipe and Extrusion, Film and Sheet, Injection Molding and Others) Market for Agriculture, Building and Construction, Automotive, Packaging, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023." According to the report, the high density polyethylene market was valued at $56.13 billion in 2014 and is likely to reach $84.79 billion in 2023, expanding at a CAGR of 4.5 percent between 2015 and 2023. In terms of volume, demand for high density polyethylene stood at 39,254.6 kilo tons in 2014. High density polyethylene is one of the major polyethylene products consumed globally. It is used in numerous applications in various end-user industries across the globe. Global demand for high density polyethylene is primarily driven by growth in plastic packaging and agriculture films and pipes industries across the globe. Furthermore, growth in construction activities is estimated to fuel the high density polyethylene market globally. These factors are anticipated to boost the high density polyethylene market in the near future. Limitations pertaining to supply and volatility in prices of raw materials are anticipated to offer key challenges to market players. Blow molding was the dominant product segment of the high density polyethylene market, accounting for over 25 percent of the global demand in 2014. Demand for blow molded products is estimated to rise significantly in the next few years due to its increasing usage in packaging applications across the globe. Usage of blow-molded high density polyethylene in rigid packaging applications is anticipated to propel the global high density polyethylene market during the forecast period. Asia Pacific constituted more than 40 percent share of the global high density polyethylene market in 2014, followed by Europe and North America. It is likely to be the fastest-growing region in terms of production and consumption of high density polyethylene products. This can be attributed to increase in industrial and agricultural activities in Asia Pacific. Asia Pacific has emerged as a key destination for high density polyethylene producers due to economic development coupled with increasing disposable income in the region. This has encouraged various manufacturers to establish new capacities in the region. The Middle East and Africa is another key region where demand for high density polyethylene products was high in 2014. In terms of volume, the market for high density polyethylene in the Middle East and Africa is likely to expand at a CAGR of over 4 percent between 2015 and 2023. - * Email

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Evonik's new silicone resin is HAPS-free for high-heat applications  

Friday, August 28, 2015

Essen, Germany - Silikophen AC 950, the new high-temperature resistant, high-solids silicone resin from Evonik, is HAPS-free and intended to provide protective properties in industrial applications. No toxic substances release during curing, making application of Silikophen AC 950 possible in enclosed spaces. Smoke formation and VOC content are significantly lower than traditional bake-cure silicone resins, allowing Silikophen AC 950 to meet the increasing requirements for eco-friendly coatings systems. Silikophen AC 950 cures at ambient temperature, utilizing a catalyst, which provides additional advantages. Application displays high and early resistance to aromatic and aliphatic solvents, in addition to impact resistance and non-blocking properties without a bake-cure cycle. "Oven drying at high temperatures has natural limits," explains Kirstin Schulz, marketing director for industrial coatings. "Our ambient-curing systems enable coating of large objects such as in industrial plants for water treatment or for energy generation." Compared to classic bake-cure systems, energy consumption is also lower. Curing at room temperature facilitates a user friendly, economical solution to high-temperature resistant coatings. - * Email

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Michelin launches regional drive Smartway retread tire  

Friday, August 28, 2015

Greenville, SC - Michelin Americas Truck Tires, a division of Michelin North America, Inc., is launching the Michelin X Multi Energy D Pre-Mold retread for regional and emerging super-regional applications. Complementing the previously launched Michelin X Multi Energy D drive tire, the SmartWay-verified retread is guaranteed to deliver 25 percent longer tread life than competitive retreads, while providing exceptional fuel efficiency and scrub resistance in regional applications. The Michelin X Multi Energy D retread is also guaranteed for a second retread when retreaded on a Michelin casing (Michelin on Michelin) by Michelin Retread Technologies (MRT) dealers. "With shorter routes trending in the trucking industry, customers are looking for tires and retreads that can handle mixed highway and regional use," said Bianca Hogan, U.S. marketing director for Michelin Americas Truck Tires. "The new Michelin X Multi Energy D Pre-Mold retread complements our new tire offering in meeting those needs and performs especially well in 4x2 applications." The Michelin X Multi Energy D Pre-Mold retread features a dual energy compound. The top layer provides exceptional removal mileage. The bottom layer allows the tread to run cool, minimizing internal casing temperatures for low rolling resistance and extended casing life. It also comes with Michelin's inter-locking Matrix siping, which offers excellent traction and even wear. The retread is available in three tread widths: 220, 230 and 240 all with 21/32" tread depth. - * Email

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Harley-Davidson agrees to sell co-branded Michelin motorcycle tires  

Friday, August 28, 2015

Greenville, SC - Michelin and Harley-Davidson announced an agreement to sell the Michelin Scorcher, a co-branded motorcycle tire through all authorized Michelin and Harley-Davidson dealers. The Michelin Scorcher 11, the Michelin Scorcher 31 and the Michelin Scorcher 32 tires, original equipment tires on Harley-Davidson Sportster, Dyna, V-Rod and Harley-Davidson Street motorcycles, are now available more widely on the replacement market. These tire ranges previously were sold only through Harley-Davidson dealerships. The wider availability of these tires as a replacement option allows Harley-Davidson owners to benefit from the outstanding grip, enhanced tread life, exceptional comfort and precise handling of the Michelin Scorcher tires. Michelin Scorcher tires are currently being shipped to Michelin distributors and should be available shortly to all authorized Michelin motorcycle tire dealers. - * Email

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New rubber processing plant opens in Cambodia  

Friday, August 28, 2015

Hanoi, Vietnam The Tan Bien-Kampong Thom Development Company opened a rubber latex processing plant in Cambodia. The company is an affiliate of the Viet Nam Rubber Group (VRG). Vietnamese Minister of Agriculture and Rural Development Cao Duc Phat and Cambodian Deputy Prime Minister Yim Chhay Ly were present at the opening ceremony. The Cambodian Deputy PM valued Vietnamese rubber plantation projects in Cambodia, which helped develop the local economy and generated jobs for local residents. Vietnamese firms are also been involved in social welfare activities, infrastructure building and poverty reduction efforts in Cambodia. Minister Phat reiterated the Vietnamese Government's determination to develop its friendship and comprehensive co-operation with Cambodia across all fields, especially in agriculture. He thanked the Cambodian Government and people for facilitating Vietnamese investment in their country. The construction of the processing plant started last year with a designed capacity of 3,000 metric tons per year. It is expected to help the company as well as other VRG affiliates in Cambodia process fresh rubber latex and improve business efficiency. The company has been licensed to grow rubber trees on over 7,000 ha in Cambodia's Kampong Thom province with total investment of $43.5 million. Fourteen VRG affiliates are implementing 18 rubber projects in Cambodia on 90,000 of the 130,000 ha of land allocated for their use. - * Email

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BFGoodrich extending warranty for its commercial truck tires  

Friday, August 28, 2015

Greenville, SC - BFGoodrich Commercial Truck Tires is introducing an extended warranty for its commercial truck tires and casings, effective on claims filed on or after September 1, 2015. Reflecting the brand's proven performance, the warranty coverage against defects in workmanship and materials for all BFGoodrich commercial truck tires will now extend to the life of the original tread or five years from the date of manufacture, whichever occurs first. For tires used in long-haul service, the new extended warranty will cover workmanship and materials for up to two retreads or five years from date of manufacture on or after September 1, 2015. "BFGoodrich is known in the trucking industry for durability and longevity," said Donna Murphy, business segment manager for BFGoodrich Commercial Truck Tires. "This extended warranty reflects the brand's strong product performance and demonstrates our commitment to the hard-working truckers who use our tires every day." Date of manufacture is based on the original DOT number molded on the tire sidewall. Tires covered by this extended warranty must have been inspected by an authorized BFGoodrich commercial truck tire dealer and retreaded by an authorized Michelin Retread Technologies (MRT) dealer or an authorized Oliver Retread dealer. - * Email

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Book of the day - Rubber Molding Principles  

Friday, August 28, 2015

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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