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ExxonMobil starts production of hydrogenated hydrocarbon resin and halobutyl rubber in Singapore  

Friday, June 22, 2018

Singapore - ExxonMobil has started production of hydrogenated hydrocarbon resin and halobutyl rubber at its integrated manufacturing complex in Singapore, the company’s largest integrated refining and petrochemical complex in the world. “The expansion helps to further establish Singapore as a key producer of fuels and petrochemical products, particularly products that help our customers improve fuel economy and reduce emissions.” “These new plants enhance the competitiveness and strategic importance of ExxonMobil’s integrated manufacturing facility in Singapore, and are part of the company’s long-term plan for advantaged investments around the world,” said John Verity, president of the ExxonMobil Chemical Company. “We remain committed to safe and environmentally-responsible operations as we manufacture products that support better living standards and economic progress for a fast-growing middle class population in Asia Pacific.” ExxonMobil’s new Escorez hydrogenated hydrocarbon resins plant will be the world’s largest with a capacity of 90,000 metric tons per year, and will meet long-term demand growth for hot-melt adhesives used in packaging or baby diapers. The new 140,000 metric tons per year butyl plant will produce premium halobutyl rubber used by manufacturers for tires that better maintain inflation to improve fuel economy. Keeping tires properly inflated can help save about a billion gallons (or 38 billion liters) of fuel and result in an estimated emissions reduction of eight million metric tons of carbon dioxide per year, equivalent to the emissions of about 2.5 million cars worldwide. Construction of the multi-billion dollar expansion project was completed safely and on schedule. The project employed more than 5,500 contract workers at the peak of construction. The plants add 140 jobs to ExxonMobil’s existing workforce of more than 2,500 at its Singapore manufacturing complex. ExxonMobil has more than 4,000 employees in Singapore. The startup of these two new plants follows ExxonMobil’s earlier acquisition of one of the world’s largest aromatics production facilities in Singapore last year. “With these latest additions, we are well-positioned to serve customers in key Asian growth markets,” said Gan Seow Kee, chairman and managing director of ExxonMobil Asia Pacific Pte. Ltd. “The expansion helps to further establish Singapore as a key producer of fuels and petrochemical products, particularly products that help our customers improve fuel economy and reduce emissions.” The new plants expand on ExxonMobil’s flexible steam cracking capability in Singapore, which provides a range of feedstocks for upgraded specialty products to meet growing long-term demand in Asia Pacific. The Singapore complex also includes a new cogeneration unit at the refinery, bringing the total cogeneration capacity of the site to over 440 megawatts, which will help reduce emissions and support more efficient use of energy. - * Email

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Trinseo announces increase to quarterly dividend  

Friday, June 22, 2018

Berwyn, PA - Trinseo announced that its board of directors authorized the company to increase its quarterly dividend to $0.40 per share, an 11 percent increase. The dividend will be a cash distribution payable on July 25, 2018, to shareholders of record as of the close of business on July 11, 2018. “This double-digit percentage increase in our dividend reflects confidence in our cash generation, and is aligned with our balanced approach to capital allocation,” said Chris Pappas, president and CEO of Trinseo. - * Email

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McLube

Michelin celebrates 10 years of a closed-loop process using micronized rubber powder from Lehigh Technologies  

Friday, June 22, 2018

Greenville, SC - The Michelin North America retread business recently celebrated a decade of business with Lehigh Technologies, a Georgia-based company that manufactures micronized rubber powders. The Michelin Group's partnership with Lehigh Technologies began early in the specialty chemical company's history, when it began manufacturing micronized rubber powder (MRP) to reuse end-of-life tire materials. Lehigh, acquired by the Michelin Group in October 2017, is now a key element of Michelin's recently announced ambition to make tires with 80 percent sustainable materials by 2048. "Michelin and our customers will continue to benefit from the implementation of this closed-loop approach, where tires are recycled into tires, with Lehigh Technologies," said Gary Scheide, responsible for materials manufacturing for Michelin North America. "The Lehigh team is a great partner and a reliable supplier to our plants in North America. We look forward to working together to advance our sustainable manufacturing processes as we further incorporate Lehigh's expertise within the Michelin Group." Lehigh's proprietary technology converts rubber materials into a high technology powder that can be incorporated in new retread compounds offering higher levels of performance. MRP replaces oil- and rubber-based feedstocks in a wide range of industrial and consumer applications, including high-performance tires, plastics, consumer goods, coatings, sealants, construction materials and asphalt. Lehigh technical experts collaborate with customers to optimize products for each application. Michelin North American retread facilities are zero-waste operations as a result of this closed-loop model. This circular economy approach to waste avoidance reduces carbon dioxide load and delivers economic advantages to the Company. Michelin's acquisition of Lehigh, now a part of the High Technology Materials Business Unit, supports the company's sustainable mobility vision and its ambition to recycle 100 percent of tires by 2048. The company plans to be the global leader in using MRP in new tires. By working with Lehigh, the company ensures that supply chain efficiencies are maximized and that the specification of the materials exactly fits the performance requirements of the retread compounds. "An increasing number of markets recognize they must improve their sustainability profile and reduce consumption of carbon-based materials," said Christophe Rahier, director of the High Technology Materials business line for the Michelin Group. "Lehigh's products and technical capabilities enable the use of rubber powders from end-of-life tires to deliver cost savings and performance, as well as sustainability to their customers, not just in the tire industry, but also in the asphalt, construction, plastics and coatings markets." Michelin is committed to growth plans for Lehigh's PolyDyne and MicroDyne products across multiple global high-performance markets. In the tire industry, the value proposition for MRP has been proven, which is why Michelin supports wide adoption of this technology to make the industry more sustainable and to demonstrate the company's leadership in sustainability and environmental performance. To support MRP adoption in Europe, Michelin is working with Lehigh to build the first MRP plant outside of the U.S., a 10,000 metric ton facility in Navarra, Spain. The plant will be commissioned this summer. - * Email

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Fire resistant cable market projected to grow at a CAGR of 3.2 percent from 2018 to 2023  

Friday, June 22, 2018

Dublin, Ireland - The fire resistant cable market is projected to grow from $1.76 billion in 2018 to $2.06 billion by 2023, at a CAGR of 3.2 percent from 2018 to 2023, according to Research and Markets. The growth of the building and construction industry globally with increasing use of fire-resistant cable in various applications such as residential, non-residential and industrial is driving the resistant cable market. The rising demand for fire safety at public places has also increased the consumption of fire resistant cable in various automotive and transportation industries. However, the volatility in prices of raw materials act as a restraining factor for the fire resistant cable market. Excellent properties of XLPE insulation material have an edge over other insulation materials. The high thermal short circuit rating, excellent electrical property maintained under the full temperature range, resistance to thermal deformation at high temperatures, excellent water resistance and low permeability to water, excellent chemical resistance, high durability and long operational life are some of the properties of XLPE that helped drive the XLPE segment. Asia Pacific is projected to be the largest market for fire resistant cable during the forecast period. The growing demand for transmission and distribution systems, infrastructure projects and energy projects (oil and gas, and petrochemical) are driving the growth of Asia Pacific fire resistant cable market. Growing industrialization and imposition of fire safety regulations in the region have also led to the increased demand for fire resistant cable in Asia Pacific. The research provides a comprehensive review of the major market drivers, restraints, opportunities and challenges. It also discusses competitive strategies adopted by market players, such as Prysmian Group (Italy), Nexans S.A. (France), General Cable Corporation (U.S.), NKT Group (Denmark), Leoni AG (Germany), LS Cable & System Ltd. (South Korea), EL Sewedy Electric Company (Egypt), Universal Cable (M) Berhad (Malaysia) and Tratos Limited (U.K.), among others. - * Email

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Book of the day - Fatigue, Stress and Strain of Rubber Components, by Judson Bauman  

Friday, June 22, 2018

Akron, OH - This book covers the fatigue testing of specimens, curve fitting of equations to the test data, and the use of such equations in life prediction. Topics include the nature of rubber, history of its usage, types of rubber in brief, manufacturing methods, and stress-strain testing and behavior. Also, the text covers the application of finite element analysis to components to determine high stress points that are vulnerable to fatigue failure. By Judson T. Bauman, hardcover, 214 pages, 140 figures, $130.00 plus shipping and handling. Click here to order. - * Email

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