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Rubber Chemical Consultants Ltd
Rubber Chemical Markets

Tire & Rubber Chemical Industry News

We track rubber chemical industry market trends using a wide range of industry sources. Optimum market insight is achieved by combining public information with RCCL's extensive range of confidential information which is pooled together using RCCL's proprietary database and reporting systems.

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Industry News

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June (2022)

Cabot Corporation: Increasing EMEA Prices for Reinforcing Carbon Blacks  Link...

Cabot is increasing prices for all carbon black products sold by its Reinforcement Materials segment in EMEA, effective for all shipments on or after August 1, 2022 (contracts allowing). The price increase will vary by grade and source.

Cabot is also increasing the feedstock surcharge applied to all carbon black products sold by its Reinforcement Materials segment in EMEA, effective for all shipments on or after August 1, 2022 (contracts allowing). This adjustment is necessary to reflect ongoing changes in the EMEA energy markets, which are impacting availability, quality, and logistics costs of feedstocks.

Due to the extraordinary rise in working capital due to high feedstock and natural gas costs, payment terms extended to EMEA Reinforcement customers will be limited to a maximum of thirty days, effective for all shipments on or after August 1, 2022, or as customer contracts allow.


Bridgestone: Opens More Sustainable Race Tire Production Facility in Akron, USA  Link...

Bridgestone Americas (Bridgestone) celebrated the grand opening of its new Advanced Tire Production Center (ATPC) in Akron, Ohio. Home to 60 expert tire builders and manufacturing professionals, the ATPC will manufacture all Firestone Firehawk race tires for the NTT INDYCAR® SERIES.


Nitta Corporation: Breaks Ground on Advanced Compounding Building  Link...

Nitta has broken ground on its advanced compounding building for CNT-CF Compounding, with operations expected to start Q2 2023.


Cabot Corporation: Increasing USMCA Prices for Reinforcing Carbon Blacks  Link...

Cabot is increasing prices for all carbon blacks sold by its Reinforcing Materials segment in North America from or after 1st August 2022 (contracts allowing). The price increases will range from$200/ton to $400/ton depending upon product and packaging type.

Cabot is also increasing the feedstock surcharge applied to all carbon black products sold by its Reinforcement Materials segment in North America, effective for all shipments on or after August 1, 2022, or as customer contracts allow. The adjustment is stated as necessary to reflect ongoing changes in the North American refining industry due to regulatory changes, residual impacts from the COVID-19 crisis, and changes in crude oil inputs to refineries.

Due to the extraordinary rise in oil prices and increased borrowing costs, payment terms extended to North America Reinforcement customers will be limited to a maximum of thirty days, effective for all shipments on or after August 1, 2022, or as customer contracts allow.


Orion Engineered Carbons: Increasing Prices and Adjusting Payment Terms for Rubber Carbon Blacks in Europe and Americas  Link...

Orion Engineered Carbons is raising prices by 20% for all rubber carbon black products manufactured in Europe and the Americas. Payment terms will be reduced by at least 50% to conform with updated standards across the different regions. The changes will be effective for all shipments on or after Aug. 1, 2022, or as contracts permit.


JATMA: Established Low Noice Tire Testing, Labeling Standard  Link...

The Japan Automobile Tyre Manufacturers Association (JATMA) has established a voluntary industry standard for the testing and labeling of low-noise tires. This is part of JATMA’s efforts to promote the use of tires that minimize external noise, and will form the basis of a new labeling system set to begin operation in January 2023.


Bridgestone: Partner with DOW to Develop Breakthrough Tire Sealant Technology  Link...

Bridgestone Americas and Dow have partnered to develop B-SEALS, a recyclable, silicone-based tire sealant technology. The extended mobility solution will be introduced at the upcoming 2022 Silicone Expo in Detroit (June 21-23), and represents more than four years of joint research and development between the two companies.

B-SEALS technology provides excellent sealant performance in the event of a puncture without compromising sustainability. Unlike conventional sealants that are difficult to separate from tires, this silicone-based sealant can be efficiently removed after application, promoting tire repairability and potentially extending the amount of time a tire is in service. Because it’s removable and recyclable, B-SEALS sealant technology also supports end-of-life tire recycling and enables tire material circularity.


OCSiAL: Expanding Graphene Nanotube Production in Europe  Link...

OCSiAl is launching a 40 MT/y graphene nanotube synthesis facility near Belgrade, Serbia, in the first half of 2023. The synthesis facility will be accompanied by production lines of nanotube concentrates for various polymers and nanotube dispersions to boost energy density of electric vehicle batteries.

To meet the growing demand for graphene nanotubes, the Serbian facility will soon be complemented by a larger nanotube manufacturing facility in Differdange, Luxembourg, in 2025.


RCCL News:

Automotive Top-Down Model Updated  Link...

Rubber Chemical Consultants provides insight into tire rubber chemical market drivers and market movements. Our automotive top-down models have been updated to help inform on future tire and rubber industry developments and trends. We use the top-down model to validate current and historic estimates as well as to inform on future developments - this provides an independent validation of our proprietary bottom-up rubber chemical market analysis.


China Synthetic Rubber Corporation: 2022 Q1 Results  Link...

China Synthetic Rubber Corporation (CSRC) manufacture furnace carbon black, biotech and electronic products. Rubber Chemical Consultants Ltd tracks the Carbon Black segment which accounts for approximately two thirds of CSRC's total sales revenue (2016). Currency values reported in: Millions of TWD

SegmentParameterPeriod20222021YoY, %Notes
Carbon BlackSales Revenue2022/14889.43890.725.7
Carbon BlackEBIT2022/188.0162.2-45.7


Thai Carbon: 2021 Q4 Results  Link...

Thai Carbon report in one segment: Carbon Black. Currency values reported in: Millions of THB

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/43319.61704.194.8
Carbon BlackEBIT2021/4783.9611.628.21


Birla Carbon: Announces Major Global Growth Plans  Link...

Birla Carbon has announced an additional 200 kMT capacity expansion across key markets covering Europe, India and China in support of rubber and speciality applications with completion expected by end of 2024.

The expansions include 80 kMT in India, 40 kMT in Hungary and 80 kMT in China with added capacity for surface treatment of high-value speciality materials in India.


Everzinc: Aterian Combines US Zinc with EverZinc Forming World's Largest Zinc Speciality Company  Link...

Aterian Investment Partners has combined US.ZINC and EverZinc, two of the largest global producers of zinc chemical products, to form a global zinc chemistry business. The combined company will operate under the EverZinc name, and will be headquartered in Houston, Texas.


May (2022)

Lanxess: Establishing Global JV with Advent International for High Performance Engineering Plastics  Link...

LANXESS and Advent International are establishing a joint venture for high-performance engineering polymers. The two companies have signed an agreement to acquire the DSM Engineering Materials business (DEM) from Dutch group Royal DSM, which will become part of the new joint venture. DEM is one of the leading global suppliers in high-performance specialty materials that address key market needs in electronics, electrical and consumer goods.

LANXESS will contribute its High Performance Materials (HPM) business unit to the joint venture. HPM is one of the leading suppliers of high-performance polymers, which are used primarily in the automotive industry. The transaction is still subject to approval by the authorities. Closing is expected in the first half of 2023.


Vaculug: Retreading Contract with Hankook  Link...

Vaculug has signed a five year contract with Hankook enabling the expansion of Hankook's retreading technology in the commercial vehicle sector in the UK and Ireland.


Hankook: Unveils Asia's Largest Proving Ground - Hankook Technoring  Link...

Hankook has announced the opening of its Hankook Technoring, a new proving ground built in Taean, South Korea. The Technoring is the largest proving ground in Asia serving as state-of-the-art R&D facilities for Hankook’s most advanced future products.

Hankook Technoring is the biggest proving ground in Asia covering 1.26 million square meters. It is as large as 125 soccer fields combined, featuring the longest test track in Asia. Comprising 13 testing tracks, the new proving ground enables rigorous testing of Hankook’s most advanced products including electric vehicle and supercar tires. The test tracks are designed to accommodate all types of vehicles from supercars to trucks and buses, and testing capabilities include high-speed driving test at up to 250km/h.


Wacker Chemie AG: Preparing to Expand Silicon Metal Production in Norway  Link...

Wacker Chemie AG is preparing to expand its production capacity for silicon metal at Holla, Norway. The feasibility study is ongoing with a planned construction of a new furnace which will increase capacity in Holla by about 50 percent.

The expansion is required to meet demand for silicone products and to ensure supply security for silicone metal. Wacker is also planning to halve its greenhouse emissions by 2030, and this modernisation is an essential part of meeting those targets through state-of-the-art production facilities, use of renewable energy and replacement of coal in the production process.


Cabot Corporation: Raising Global Pricing for CAB-O-SILTM Hydrophobic and Colloidal Silica Products  Link...

Cabot is raising prices by up to 15% for its CAB-O-SIL™ hydrophobic and colloidal silica products effective from 1st July 2022. The price increases are due to increased costs associated with treating agents, transportation and operations.


Kraton Corporation: Price Increases for CTO Refinery Products and Derivatives  Link...

Kraton Corporation has announced a general price increase of up to 20% on all CTO refined products and derivatives - the price increase is effective 1st July 2022 subject to contracts.


Tokai Group: 2022 Q1 Results  Link...

Tokai Group: With improved selling prices and recovery of the replacement tire market in Europe and U.S. the carbon black operations are now at full capacity. Global supply of carbon black is becoming increasingly tight with tight supply of feedstock. Stable procurement of feedstock continues to be an important issue for the business.

Tokai Carbon Co Ltd operates in five reporting segments one of which is carbon black. Tokai carbon produce carbon black in Japan, Thailand and China. Tokai acquired Cancarb (which produces thermal carbon black) in 2014 and also acquired Sid Richardson (a furnace carbon black manufacturer with three US production facilities) mid 2018. RCCL tracks Tokai's carbon black segment. Currency values reported in: Millions of JPY

SegmentParameterPeriod20222021YoY, %Notes
Carbon BlackSales Revenue2022/129430.021595.036.31
Carbon BlackEBIT2022/13049.01807.068.72


Kolon Industries: 2022 Q1 Results  Link...

Kolon Industries reports operations in five segments. The Chemical Segment contains the company's hydrocarbon resin activities, where tire resins are a minor component. Rubber Chemical Consultants tracks the company results and the Chemical Segment results. Currency values reported in: Millions of KRW

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/11274600.01090000.016.9
All SegmentsNet Margin2022/188200.052000.069.6
All SegmentsEBIT2022/163900.069000.0-7.4


H&R Group: 2022 Q1 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/1361.8241.150.1
All SegmentsEBITDA2022/125.225.7-1.9
All SegmentsEBIT2022/112.013.2-9.1
All SegmentsNet Margin2022/17.88.0-2.5


Thai Lube Base PCL: 2022 Q1 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/16808.04962.037.21
All SegmentsEBITDA2022/1455.01030.0-55.8
All SegmentsNet Margin2022/1329.0797.0-58.7


Mitsubishi Chemicals: Closing Warren, Michigan Compounding Plant   Link...

Mitsubishi Chemicals has closed its Warren, Michigan compounding site.


Arakawa Chemical Industries: 2021 Q4 Results  Link...

Arakawa Chemical Industries reports in four segments. Rubber Chemical Consultants tracks results for all segments as well as those for the Adhesive segment which contains products for the tire and rubber industry. Note: Arakawa's FY is April to March. Currency values reported in: Millions of JPY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/420579.019563.05.2
All SegmentsEBITDA2021/4976.01722.0-43.3
All SegmentsEBIT2021/440.0967.0-95.9
All SegmentsNet Margin2021/4-613.0430.0-242.6
AdhesivesSales Revenue2021/48480.07433.014.1
AdhesivesEBIT2021/4-363.0394.0-192.1


BASF: Doubling Production Capacity for Irganox® 1010 in Singapore  Link...

BASF has expanded the production capacity for its antioxidant Irganox® 1010 at its site on Jurong Island, Singapore, by integrating an additional production line into the existing production facilities.

Irganox® 1010 is a sterically hindered phenolic primary antioxidant. It provides protection against thermo-oxidative degradation, mainly applied in polyolefins and also recommended for polyacetals, polyamides and polyurethanes, polyesters, PVC, ABS and elastomers such as butyl rubber and synthetic rubbers.


Birla Carbon: Increasing North American Carbon Black Prices  Link...

Birla Carbon is increasing the price of all carbon black products manufactured in North America by 15% effective 1st July 2022. The price increase is due to increasing costs for materials, freight, logistics and operations.


Inoac: Successfully Developed Polyolefin Foam Using 25%+ Biomass  Link...

Inoac have successfully developed a plant-based polyolefin foam with a biomass content of greater than 25%. The foam with an expansion ratio of 8 to 15 has equivalent properties to a foam produced using oil-based raw materials.


Tokai Group: Borger Carbon Black Plant Earns Sustainability Designation  Link...

Tokai Carbon's Borger, Texas carbon black plant has acheived the International Sustainability and Carbon Certification Plus standard. This standard allows Tokai to certify that its circular/bio-based products produced at the Borger are sustainable. This is the first certified sustainable carbon black production in North America.


Evonik Industries: 2022 Q1 Results  Link...

Evonik Industries: Higher prices in the Smart Materials segment compensated for increasing variable costs. Another round of price increases is necessary to compensate for further variable cost increases. Strong performance in Inorganics.

Evonik currently reports in four segments. The silica and silane activities reside in the Smart Materials segment. Rubber Chemical Consultants tracks the Resource Efficiency segment. Note: Prior year values are unadjusted values for the given period. Currency values reported in: Millions of EUR

SegmentParameterPeriod20222021YoY, %Notes
Smart MaterialsSales Revenue2022/11181.0909.029.91
Smart MaterialsadjEBITDA2022/1197.0173.013.9


Radici Group: Expands in India via Acquisition of Ester Industries Ltd  Link...

The RadiciGroup is continuing to strengthen its internationalization strategy via the acquisition of the Engineering Plastics business of Ester Industries Ltd. Ester Industries Ltd. will transfer its main assets, among which: the newly built industrial area in the city of Halol (Gujarat) in Northwest India, compound lines, R&D laboratories, customer/supplier contracts and its leading brand ESTOPLAST, which includes different types of compounds used primarily in the electrical and electronics market.


Premix Group: Signs Contract for New Production Factility in U.S.  Link...

The U.S. Department of Defense, working with the Department of Health and Human Services, awarded a $79.9 million contract to Premix, Inc. to establish a plastic compound manufacturing plant in North Carolina. The facility will primarily produce plastic materials for diagnostic testing. The facility will be built in Gaston County, centrally located in the growing region of advanced manufacturing in the southeast U.S. and is planned to be operational by September 2025.


Orion Engineered Carbons USD: 2022 Q1 Results  Link...

Orion Engineered Carbons: Record gross margin per ton in both Speciality and Rubber segments. Investing in acetylene black facility in the U.S. quadrupling capacity. New line in Ravenna, Italy fully utilised.

Orion Engineered Carbons manufactures furnace carbon black as well as thermal, gas, lampblack and acetylene blacks and is the third largest carbon black producer on a global basis. Orion reports results in two segments: Specialist and Rubber. Rubber Chemical Consultants tracks the two segments as well as the overall company results. Currency values reported in: Millions of USD

SegmentParameterPeriod20222021YoY, %Notes
Carbon BlackSales Revenue2022/1484.5360.134.6
Carbon BlackadjEBITDA2022/183.270.917.4
Carbon BlackEBITDA2022/181.968.519.6
Carbon BlackEBIT2022/154.642.927.4
Carbon BlackSales Vol MT2022/1253200.0254100.0-.4
Rubber BlackSales Revenue2022/1306.9215.942.11
Rubber BlackadjEBITDA2022/140.731.230.62
Rubber BlackSales Vol MT2022/1187600.0182700.02.7
Specialist BlackSales Revenue2022/1177.6144.223.23
Specialist BlackadjEBITDA2022/142.539.77.1
Specialist BlackSales Vol MT2022/165600.071400.0-8.14


Orion Engineered Carbons: Planning Acetylene Black Plant in U.S.  Link...

Orion Engineered Carbons (OEC) has announced plans to build the only plant in the U.S. producing acetylene-based conductive additives – a critical link in the value chain for lithium-ion batteries, high-voltage cables and other products powering the global transition to electrification and renewable energy.

OEC’s planned facility in La Porte, Texas, will be backed by a long-term agreement for acetylene supplied from a neighboring site owned by Equistar Chemicals LP, a subsidiary of LyondellBasell.OEC will invest between $120 million to $140 million in the facility, expected to start up in the second half of 2024. This investment should increase the company’s conductive additives capacity by approximately 12 kMTpar.


Yongdong Chemical Industry: 2022 Q1 Results  Link...

Yongdong Chemical Industry is active in coal tar processing and carbon black production. Carbon black production includes reinforcing, conductive and pigment grades of carbon black. Currency values reported in: Millions of CNY

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/1848.5838.91.1
All SegmentsEBIT2022/112.3157.4-92.2
All SegmentsNet Margin2022/110.6130.5-91.9


Jiangxi Black Cat Carbon Black: 2022 Q1 Results  Link...

Jiangxi Black Cat Carbon Black is China's biggest producer of furnace carbon black with capacity at just over 1 million metric tonnes. Rubber Chemical Consultants tracks Jiangxi Black Cat for total financial performance as well as performance in furnace black and precipitated silica production. Currency values reported in: Millions of CNY

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/11848.71858.2-.5
All SegmentsNet Margin2022/110.4275.1-96.2
All SegmentsEBIT2022/1.7311.1-99.8


Jinneng Science & Technology: 2022 Q1 Results  Link...

Jinneng Science & Technology have an integrated chemical operation including coking, chemical production, coal tar deep processing, carbon black and silica production. RCCL follows Jinneng's full operational results (all segments) and studies individual carbon black and silica segment performance. Currency values reported in: Millions of CNY

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/14518.52573.975.5
All SegmentsEBIT2022/1151.1553.8-72.7
All SegmentsNet Margin2022/1124.1475.2-73.9


Longxing Chemical Stock: 2022 Q1 Results  Link...

Longxing Chemical Stock (second largest furnace carbon black producer in China) also produces chemicals and precipitated silica. Rubber Chemical Consultants tracks Longxing's furnace black and precipitated silica segments as well as quarterly company results. Currency values reported in: Millions of CNY

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/11003.3820.422.3
All SegmentsEBIT2022/114.394.4-84.9
All SegmentsNet Margin2022/111.480.1-85.7


Solvay: 2022 Q1 Results  Link...

Solvay: Silica sales up 34% YoY resulting from solid demand and volumes. Silica price increases have not yet fully offset significant cost inflation.

Solvay changed their reporting segments at the end of 2019. The new Chemicals segment now includes precipitated silica (along with soda ash and derivatives, peroxides and coatis), silica was previously in the Advanced Materials segment. Rubber Chemical Consultants track the Chemicals segment which includes Solvay's precipitated silica operations. Currency values reported in: Millions of EUR

SegmentParameterPeriod20222021YoY, %Notes
ChemicalsSales Revenue2022/11039.0800.029.91
ChemicalsadjEBITDA2022/1279.0240.016.3
Precipitated SilicaSales Revenue2022/1153.0114.034.2


Goodyear: First Goodyear Truck Tires using Soybean Oil Compound  Link...

Goodyear is replacing a portion of the petroleum-based materials used in production of some of its most popular Metro Miler city transit tires with a bio-based soybean oil compound. This is part of Goodyear's initiative to fully replace petroleum-derived oils by 2040. 11 liquid ounces of free-flowing petroleum oil is being replaced per tire.


Phillips Carbon Black Ltd: 2021 Q4 Results  Link...

PCBL: Seeing significant opportunities in the current political climate, especially given China's weaker position regarding cost effective supply to Western countries.

Phillips Carbon Black Ltd (PCBL) produce furnace carbon black and also cogenerate electricity using the waste gas from the carbon black process. PCBL report in two segments: Carbon Black and Power, the Power segment sells back to the Carbon Black segment as well as supplying surplus electricity for external sale. All quarterly results are unaudited. Results are reported based for the period in question with no currency adjustments between reporting periods. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/412188.38667.340.6
All SegmentsVariable Cost2021/48992.25256.071.1
All SegmentsIndirect Sales2021/42226.51971.812.9
All SegmentsEBIT2021/41159.91688.8-31.3
All SegmentsNet Margin2021/4882.61273.8-30.7
Carbon BlackSales Revenue2021/411921.38485.840.5
Carbon BlackEBIT2021/41386.32006.6-30.9
PowerSales Revenue2021/4447.1364.522.7
PowerEBIT2021/4260.2216.720.1


Cabot Corporation: 2022 Q2 Results  Link...

Cabot Corporation: Record segment quarterly EBIT results for Reinforcement Materials and Performance Chemicals. Battery material sales achieved with a top five battery producer. Divestiture of Purification Solutions business completed.

Cabot Corporation operate in four segments: Reinforcement Materials, Performance Chemicals, Purification Solutions and Speciality Fluids. RCCL tracks performance in the Reinforcement Materials (rubber carbon blacks) and Performance Chemicals (specialist carbon blacks, plastic compounds, metal oxides). EBIT/EBITDA figures for carbon black in the performance chemical segment use RCCL estimates. RCCL also estimates performance for total carbon black based on annual results. Currency values reported in: Millions of USD

SegmentParameterPeriod20222021YoY, %Notes
Carbon BlackSales Revenue2022/2893.0637.040.21
Carbon BlackEBIT2022/2152.7129.018.3
Rubber BlackSales Revenue2022/2627.0434.044.5
Rubber BlackEBITDA2022/2119.0107.011.2
Rubber BlackEBIT2022/2101.089.013.5
Rubber BlackSales Vol YoY %2022/2103.0118.0-12.72
Specialist BlackSales Revenue2022/2266.0203.031.03
Specialist BlackEBITDA2022/265.053.222.3
Specialist BlackEBIT2022/251.740.029.2
Specialist BlackSales Vol YoY %2022/2102.7110.0-6.6


April (2022)

Dynasol: Increasing S-SBR Production Capacity in Santander, Spain  Link...

Dynasol is installing a new S-SBR production line in Santander, Spain. The 20 kMTpa line is expected to be in operation Q1 2024 with potential to reach 25 kMTpa in the future. Dyansol also plans to expand S-SBR capacity of its existing production line in Altamira, Mexico by 10 kMTpa.


Bridgestone: Debuting Race Tire Made with Guayule-Derived Natural Rubber   Link...

As part of a broader initiative to accelerate the use of sustainable technologies in the NTT INDYCAR SERIES, Bridgestone Americas has announced plans to debut Firestone Firehawk race tires made with guayule natural rubber grown and extracted at the company’s guayule R&D facilities in Arizona. The guayule race tire, featuring a new green sidewall, will be introduced during the Indy 500 Pit Stop Challenge on May 27. Firestone Firehawk alternate race tires made from guayule rubber will make their competition debut at the Big Machine Music City Grand Prix in Nashville on August 6-7.


RCCL News:

Furnace Carbon Black Markets & Pricing March 2022  Link...
FCB Market and Pricing March 2022

Rubber Chemical Consultants Ltd (RCCL) a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce that it has published a new report covering furnace carbon black market demand and pricing. The report covers global and regional demand from 2015 to 2040, with quarterly analysis for 2020 to 2022. Market pricing for 2015 to 2040 is included for China, Europe and USMCA.

Find out more »


Sumitomo Rubber Industries: Reduces Analysis Times for Rubber Materials Development by 99%  Link...

Sumitomo Rubber Industries (SRI) has succeeded in reducing the amount of time required for the analysis of data obtained from cutting-edge research facilities (a key process in the development of new rubber materials) by over 99%. This breakthrough is due to the state-of-the-art data science that takes full advantage of the capabilities of “WAVEBASE,” a new cloud-based materials analysis platform service under development (currently in the proof of concept stage with commercialization on the horizon) by Toyota Motor Corporation. In order to get the most out of WAVEBASE, SRI have shared all of its accumulated knowledge on rubber materials analysis with Toyota while working together to customize this platform for optimized analysis of rubber materials.

Using this system SRI hope to set the stage for highly creative and productive research and development backed by the effective utilization of AI and Big Data so that we may develop higher performance tires for greater safety and peace of mind with the ultimate aim of contributing to the realization of a sustainable Mobility Society.


Sailun Co: Introducing EV Tires using Liquid Phase Mixed Compound  Link...

Sailan has developed a liquid-phase rubber mixing process (EcoPoint3) which it claims improves performance across key parameters (RR, WG, Wear) which traditionally cannot be optimised at the same time. This technology will debut in Sailun's Erange EV tires for electric vehicles due to be launched later this year.


Nokian Tires: Expediting Plans to Invest in New Capacity in Europe  Link...

Nokian Tyres is expediting its plans to invest in new production capacity in Europe due to the war in Ukraine. Nokian Tyres is also continuing to increase capacity at its factories in Finland and the US, aiming to become geographically more diversified in its manufacturing operations.

Nokian Tyres is no longer investing into production in Russia. By continuing to operate the passenger car tire factory in Russia, the company wants to make sure that the factory is controlled by Nokian Tyres. Shipments of passenger car tires to Russia have been suspended. All Nokian Tyres’ heavy tires are designed and manufactured in Finland. Tires for trucks and buses are designed in Finland and produced in the EU. Sales and distribution of heavy tires to Russia has been stopped. Nokian Tyres has never sold tires to the Russian army, and the Russian Federation is not a customer of Nokian Tyres.


Datwyler Holding Inc: Planning to Acquire QSR  Link...

Datwyler is planning to acquire QSR a leading supplier of seals and components for electrical connectors. This area is showing high growth potential due to megatrends such as electrification, connectivity, IoT and Industry 4.0.


Kraton Corporation: Expanding AMS Resin Capacity at NIORT, France Plant  Link...

Kraton Corporation has announced a significant investment in its Alpha Methyl Styrene (AMS) Resins facility in Niort, France. Kraton expects the investment will result in a 15% production increase at the Niort manufacturing facility by 2023.

Kraton's AMS Resins, also known as Pure Monomer Resins, are sold in high-end applications such as Tread Enhancement Additives for premium tires and as high-performance tackifying resins in fast-growing adhesive markets. Kraton's SYLVATRAXX™ Tread Enhancement Additives improve the overall performance of tire treads in terms of wet grip, low rolling resistance, and durability, thus enabling safer driving, better fuel efficiency and range. Due to increasingly stringent car emission standards across the globe, these high-performance additives have seen substantial demand growth.


Bridgestone: and Michelin Release rCB Position Paper  Link...

Bridgestone and Michelin have released a position paper focused on their joint initiative to increase the use of recovered carbon black. The position paper outlines the reasoning behind this important call to action and the goals both Bridgestone and Michelin plan to achieve through this collaboration.


RCCL Industry Analysis:

Postioning Paper Summary

Initial Focus

Initial focus will be on pyrolysis and rCB initiatives in Europe and North America, other sustainable materials from ELTs will be considered in the future, these include: micronized powder, reclaim, devulcanised rubber and pyrolysis oil.

PCR/TBR ~80/20 blends representative of average ELT feedstock in EU and US with various grinding post treatment.

Key Requirements

  • rCB must be recognised at a ‘product’ rather than ‘waste’ in every country
  • rCB must meet the definition of a ‘product’ in every country
  • rCB must comply with all chemical and product regulations (e.g. REACH in Europe)
  • rCB should comply with the same trade regulations as applicable to vCB
  • Certification requirements are: IATF 16949, ISO 14001 and ECOVADIS
  • Traceability requires checking and verification of origin of ELTs. EU ELT/rubber goods must be collected from within the EU market.

Specification

Specification to be developed using a combination of vCB and new rCB parameters with reliance on ASTM D36 for final rCB test methods, initially using vCB as a reference.

Next Steps

Will work with industry leaders with their feedback on the position paper to better define next steps towards the final white paper.


RCCL Comments on Positioning Paper

No big surprises or major insight into actual practical use or technical requirements, these may be expanded upon in the white paper. The initial focus indicates use of a blended PCR/TBR feedstock which may be quite different to the approach taken by many pyrolysis companies which have focused on one particular tire type. Some of the indicated test parameters could prove problematical for rCB producers (both in maintaining specification and proficiency in doing the testing). Reliance of the ASTM D36 group is only satisfactory if there is significant input from tire/rubber industry participants. The emergence or acknowledgement of a commercially viable rCB technology leader/s would substantially accelerate the adoption process and would provide a better industry benchmark/reference.



March (2022)

H&R Group: 2021 FY and Q4 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue20211188.4873.036.1
All SegmentsEBITDA2021132.755.8137.7
All SegmentsEBIT202181.7-.327339.7
All SegmentsNet Margin202152.5-9.0683.7
All SegmentsSales Revenue2021/4310.5223.239.2
All SegmentsEBITDA2021/4-4.325.2-116.8
All SegmentsEBIT2021/4-4.76.6-170.5


Dow Chemical: Global Capacity Expansions for Mobility Technologies  Link...

Dow is investing to increase global supply capabilities to support the transformation in the mobility and transportation sectors. In 2022 Dow is investing in its Jincheon, South Korea site to support moldable optical silicone technologies for automotive and industrial lighting applicaitons. Additional investments are also planned for Dow's Midland, Songjiang and Zhangjiagang operations.

All capacity expansions being made for this market are aligned with Dow’s MobilityScience™ platform, which is designed to use the full power of Dow’s portfolio of silicones, polyolefins, polyurethanes, acrylics, and specialty technologies to support the future of mobility.

Dow recently completed a round of capital investments in 2021 that spanned three continents – North America, Asia and Europe – and was implemented to address growing global market demands for novel technologies within the mobility and transportation industry. In Midland, Michigan, U.S., Dow expanded its fluorosilicone rubber capabilities with the installation of a new gum mixer, and in Zhangjiagang, China, a new liquid silicone rubber mixer was added. Investments were also made in a pair of new mixers for thermally conductive technologies at Dow’s site in Songjiang, China. To further support the high demand for electric vehicles in Europe, a new mixer for thermally conductive technologies is now online in Wiesbaden, Germany.


RCCL Analysis: EU Dependency on Russian Furnace Carbon Black – Exploring Alternatives  Link...

Historic Perspective

Figure 1 - HS2803 Imports to EU from Russia 1999 to 2021


Figure 1 provides the historic growth of Russian carbon black (HS2803) imported into the EU. Imports rise from a little over 100 kMT in 1999 to approximately 560 kMT in 2021. The bulk of this volume is furnace carbon black (FCB) used predominately in the rubber industry, with the Tyre Sector consuming by far the largest volume. During the presented time period, Russian FCB, targeted at high volume commodity grades, transitioned in quality and consistency to meet the demands of European tyre and rubber goods manufacturers. Domestic European FCB production, while competitive for quality, consistency and technical service, was not able to match the offered pricing points of the Russian products.

Figure 2 - EU FCB Nameplate Capacity 1999 to 2021


The rapid rise in Russian FCB imports is matched very closely by the decline in European domestic production capacity as shown in Figure 2. While the impact of Russian imports is clear, additional factors also led to this decline, in particular the transition from FCB to precipitated silica in PC treads as well as the 2008/9 financial crisis.

Current Situation

Figure 3 - 2021 EU FCB Demand vs Regional Capacity Availability


The EU’s current reliance on Russian FCB is clearly demonstrated in Figure 3. The left bar shows total EU FCB 2021 market demand broken down by the supplying countries. Russian FCB accounts for approximately 44% of the EU’s total demand. The reliance is significantly greater for the Tyre and MRG sectors. The right bar indicates RCCL estimates of available 2021 regional capacities which could be called upon to replace Russian imports. These capacities have been adjusted based on current import/export commitments as well as product mix impact on nameplate capacity. It is clear that a large proportion of imports would have to originate from China and/or India in order to fulfil all the EU’s requirements. This may be a short-term fix, while implementing a longer term solution.

Sourcing and approving FCBs is not a trivial task, this can be expedited under extreme conditions, but does require careful management. Given the high volumes required, feedstock availability in the proposed supplying countries may be an issue as well as shipping logistics. The free capacity in Europe and NE Asia may not match the specific grade requirements left by eliminating Russian imports, however, it could be leveraged in the overall demand balance.

Future Possibilities

A more realistic long term solution may be provided by imports from new plants such as OYAK (Turkey) and increased activity from plants such as Birla’s Alexandria plant in Egypt. Other potential sources also include Middle Eastern plants (Saudi Arabia, UAE).

Alternative materials may feature as long term replacements, these include rCB, methane pyrolysis carbon, lignin and other sustainable reinforcements. None of these materials provide an immediate solution to replacement of Russian FCB. Additional replacement of FCB by precipitated silica could offer a partial solution, however, this would not meet the required timeline.

RCCL FCB Approvals and Audits

RCCL has significant experience with FCB approvals and FCB plant audit support.


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Orion Engineered Carbons: Increasing Rubber Carbon Black Prices in Europe  Link...

Orion Engineered Carbons is changing its carbon black oil surcharge and introducing a natural gas charge on all rubber carbon black products manufactured in Europe. These adjustments are required to address changing feedstock availability, quality and logistics.


Ascend Performance Materials: Acquiring Formulated Polymers Ltd  Link...

Ascend Performance Materials has reached an agreement to acquire the compounding division of Formulated Polymers Limited based in Chennai, India. The acquisition establishes Ascend’s first manufacturing base in the subcontinent and strengthens its global reach for electrical and e-mobility applications.


Yokohama Rubber: Acquiring Trelleborg AB's Wheel Systems Business  Link...

Yokohama Rubber Co., Ltd., has entered into a share purchase agreement with the Swedish-based Trelleborg AB to acquire all outstanding shares of Trelleborg Wheel Systems Holding AB, a company engaged in the manufacture and sale of off-highway tires for agricultural and industrial machinery. The acquisition is scheduled to be completed in the latter half of 2022, after completion of necessary procedures required by the competition laws of the European Union and other countries.

The acquisition will contribute to the expansion of Yokohama Rubber’s OHT business, which YX2023 (Yokohama's Transformation 2023 medium-term management plan) has positioned as a future growth driver for the Company’s commercial tire business. According to Yokohama, the ratio of consumer tires to commercial tires in today’s global tire market is 1:1, but Yokohama Rubber’s tire business sales are more heavily weighted toward consumer tires, with a 2:1 ratio versus commercial tires. To bring the sales composition of its tire business more in line with the overall market and secure the business’ stability and earnings growth, one of the key challenges facing Yokohama Rubber’s commercial tire business is the growth of an OHT business capable of securing stably high earnings. The TWS acquisition will not only help Yokohama Rubber’s tire business achieve a more optimal sales composition, but it will also strengthen the Company’s commercial tire business in each of the four thematic areas set forth in YX2023—product lineup, cost, service, and digital transformation. Meanwhile, the consumer tire business will continue its effort improve its profitability by expanding sales of its ADVAN, GEOLANDAR, and winter tires.


Arlanxeo: Increasing Capacity at Changzhou EPDM Plant  Link...

Arlanxeo has expanded the production capacity at its Changzhou EPDM plant by 15% to meet rising demand in new technology infrastructure projects (5G, UHV, charging and big data centers) as well as rail pads, railway sound barriers and rubber boots for the rail transit system, auto profile for new energy vehicles and washing machine gasket, air-conditioner damper in home appliances.


Sumitomo Rubber Industries: Tire Wear Estimation Technology using Power Generation  Link...

Sumitomo Rubber Industries, Ltd., in collaboration with Professor Hiroshi Tani of Kansai University, has developed a power generation device that can generate power by rotating tires and supply power to sensors mounted around the tire without a battery. Using this technology it has been possible to develop a working tire wear condition and contact patch shape measuring device.


Barlog Plastics: Adding Compounding Plant  Link...

BARLOG Plastics is opening a new plastics compounding plant in the Rhein-Sieg district in the summer of 2022.


Yokohama Rubber: Halting Production at Russian Tire Plant  Link...

Yokohama Rubber has decided to gradually halt production at its Russian passenger car tire manufacturing subsidiary, LLC Yokohama R.P.Z.


Pirelli Tires: Russian Activities being Progressively Limited and Russian Investments Halted  Link...

Pirell has halted investments in Russia, excluding those linked to security. The activities of the factories will be progressively limited to finance salaries and services for employees.


Goodyear: Planning to Modernise French, Amiens Plant  Link...

Goodyear has announced plans to modernize its tire manufacturing plant in Amiens over the next five years.

The proposed project will strengthen the competitiveness of the plant through a high degree of digitalization, automation and equipment upgrades for more sustainable and innovative production of premium, large-rim-diameter consumer tires, including those for electric and hybrid vehicles.


Hangzhou Zhongce Rubber Company Ltd: Acquires OTR Tire Maker TUTRIC  Link...

Zhongce Rubber Group Co., Ltd.(Zhongce) has acquired the business of TIANJIN UNITED TIRE & RUBBER INTERNATIONAL CO., LTD. (TUTRIC) which manufactures the TIANLI tire brand and are based at the large port city of Tianjin in China.

Zhongce is currently one of the largest suppliers of OTR tires in the world, offering tires for wheeled loaders, articulated and rigid dump trucks, port applications, underground mines, industrial and forklift operations. The acquisition of the TUTRIC will further strengthen the group offering to their customer base. Zhongce Rubber (Tianjin) Co., Ltd., as a newly established wholly-owned subsidiary of Zhongce Rubber Group Co., Ltd., was established on 1st April 2022. This new company will take responsibility for the day-to-day business operations at the Tianjin factory.

The acquisition allows Zhongce to offer their customers an excellent range of radial agricultural, flotation, and implement tires produced at the Tianjin factory along with access to giant OTR tires which have been manufactured at the Tianjin factory for many years.


Ecolomondo Inc: Announces Multi-Million Dollar Offtake Agreement for rCB  Link...

Ecolomondo has announced that it has secured an offtake agreement for up to 80% of its Recovered Carbon Black (rCB) production from the Company’s Hawkesbury TDP facility.

The initial purchase order is for 8 truckloads of rCB totalling 181 metric tons for delivery in April and May 2022, followed by 10 truckloads per month and growing to 20 monthly over the next year. The Hawkesbury TDP plant has an estimated annual rCB production capacity of 5,300 tons having a potential value of over US$7 million at the current market price.

Comprised of four different processing departments (Tire Shredding, Thermal Processing, Recovered Carbon Black and Oil Fractionation), the Hawkesbury TDP facility is expected to process a minimum of 14,000 tons of tire waste per year when fully operational, producing 5,300 tons of recovered carbon black, 42,700 barrels of oil, 1,800 tons of steel, 1,600 tons of process gas and 850 tons of fiber when operating at full capacity.


DL Chemical: Completes Acquisition of Kraton Corporation  Link...

DL Chemical has completed the acquistion of Kraton Corporation. The merger enables Kraton to strengthen its global presence by leveraging DL Chemical's manufacturing capabilities and footprint in the Asian market, along with its financial strength, allowing Kraton to further invest in industry-leading sustainable innovation. The merger also accelerates both DL Chemical's and Kraton's vision of being a global leader of specialty chemicals. As a result of the transaction completion, Kraton is now a wholly owned subsidiary of DL Chemical.


Cabot Corporation: Increasing Prices Globally for Speciality Carbons Business  Link...

Cabot Corporation is increasing prices globally for carbon black products sold by its speciality carbons business. The magnitude of increases was not specified and will vary by product and geography. The price increases are effective on or after April 15, 2022 (contract dependant). The increases are due to the signficant and rapid rise in prime raw material costs including oil and natural gas.


Michelin: Suspends Industria Activity in Russia as well as Exports to Russia  Link...

The Michelin Group is suspending its industrial activity in Russia, as well as its exportations to Russia.


Pyrum Innovations ESC GmbH: Expanding Circular Economy with Continental  Link...

Pyrum Innovations AG has concluded a development agreement with the premium tyre manufacturer Continental. The aim of the cooperation is to further optimise and expand the recycling of ELT through pyrolysis. In the medium term, the aim is to obtain, among other things, particularly high-quality industrial carbon black (rCB) for Continental's tyre production. As early as March 2022, Reifen-Entsorgungsgesellschaft, a subsidiary of Continental, will begin supplying ELT to Pyrum. In the long term, a circular economy concept for the recycling of ELT is being sought. Since Pyrum's IPO in 2021, Continental has already held a strategic minority stake in the company.


Yokohama Rubber: Expanding Conveyor Belt Capacity at Hiratsuka Factory  Link...

Yokohama Rubber Co., Ltd., is expanding the conveyor belt production capacity of its Hiratsuka Factory in Hiratsuka City, Kanagawa Prefecture. The expansion is part of the Company’s effort to strengthen its industrial products business. The expansion will be conducted in stages, with the initial stage amounting to a capital investment of about ¥1.6 billion. The expansion will focus on establishing new production lines for a diverse range of fabric belts that can be used on conveyor belts requiring abrasion resistance, heat resistance, oil resistance, flame resistance, and reduced power consumption. The Hiratsuka Factory’s current capacity will be increased by 1.3 times. Construction began this March, with production operations planned to start in October 2023.


Bridgestone: Suspends Local Manufacaturing and Export to Russia  Link...

Bridgestone has suspended operations at its Russian PC tire plant and has frozen all new capital investment with effect from 18th March 2022. Exports of tires to Russia were suspended from 14th March 2022. The Bridgestone Group is continuing its humanitarian support efforts for Ukraine.


Pyrum Innovations ESC GmbH: Receives ISCC Plus Certification for rCB  Link...

Pyrum Innovations AG has received ISCC Plus certification for the recovered carbon black it produces. In September last year, the pyrolysis oil produced by the company was already certified as a sustainable output material. The ISCC - International Sustainability and Carbon Certification (ISCC) is one of the world's leading certification schemes, providing solutions for the implementation and certification of sustainable and traceable supply chains of raw materials, waste, renewable non-bio raw materials, recycled carbon materials, and fuels. The ISCC Plus certification is a voluntary certification standard that includes biofuel, bioenergy, as well as chemical and technical applications, among other things.


Continental Rubber Group: Stopping Operations in Russia  Link...

Continental has suspended production operations in Russia including imports and exports from Russia company-wide.


Minnesota Rubber & Plastics: Acquires Primasil Silicones Ltd  Link...

Minnesota Rubber and Plastics has acquired Primasil Silicones Ltd. a U.K.-based custom silicone rubber compounder, mixer and manufacturer specializing in the medical, HVAC and specialty industrial end markets.

Primasil offers a wide range of custom materials, including platinum-cured silicone, conductive silicone, flourosilicone, high- and low-temperature silicone, low smoke and toxicity silicone and black rubber. Primasil’s high precision manufacturing capabilities include cleanroom molding, extrusion and assembly as well as mixing, injection molded and proprietary gum silicone and liquid silicone rubber products.


Evonik Industries: 2021 Q4 Results  Link...

Evonik Industries: Silica business benefited from high demand worlwide during 2021.

Evonik currently reports in four segments. The silica and silane activities reside in the Smart Materials segment. Rubber Chemical Consultants tracks the Resource Efficiency segment. Note: Prior year values are unadjusted values for the given period. Currency values reported in: Millions of EUR

SegmentParameterPeriod20212020YoY, %Notes
Smart MaterialsSales Revenue2021/41032.0866.019.21
Smart MaterialsadjEBITDA2021/4123.0124.0-.8


China Synthetic Rubber Corporation: 2021 Q4 Results  Link...

China Synthetic Rubber Corporation (CSRC) manufacture furnace carbon black, biotech and electronic products. Rubber Chemical Consultants Ltd tracks the Carbon Black segment which accounts for approximately two thirds of CSRC's total sales revenue (2016). Currency values reported in: Millions of TWD

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/44646.83456.134.5
Carbon BlackEBIT2021/483.3226.9-63.3


Michelin: Interrupting Production at Some European Plants  Link...

Due to the current crisis in Ukraine, and like many industrial players in Europe, the Michelin Group is facing major logistical and transportation issues in supplying its plants and delivering to customers. To optimize operations and adapt flow management, the Group has made the decision to stop production at some of its European plants for a few days in the coming weeks. Each site will decide specific duration and implementation.


Thai Carbon: 2021 Q3 Results  Link...

Thai Carbon report in one segment: Carbon Black. Currency values reported in: Millions of THB

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/32709.31317.3105.7
Carbon BlackEBIT2021/3376.2-41.11016.5


Solvay: 2021 Q4 Results  Link...

Solvay changed their reporting segments at the end of 2019. The new Chemicals segment now includes precipitated silica (along with soda ash and derivatives, peroxides and coatis), silica was previously in the Advanced Materials segment. Rubber Chemical Consultants track the Chemicals segment which includes Solvay's precipitated silica operations. Currency values reported in: Millions of EUR

SegmentParameterPeriod20212020YoY, %Notes
ChemicalsSales Revenue2021/4891.0764.016.6
ChemicalsadjEBITDA2021/4286.0209.036.8
Precipitated SilicaSales Revenue2021/4124.0110.012.71


Kraton Corporation: 2021 Q4 Results  Link...

Kraton Performance Polymers Inc manufacture styrenic block copolymers and other engineered polymers. Kraton acquired Arizona Chemical in January 2016. Arizona Chemical manufacture pine and hydrocarbon based resin products. Rubber Chemical Consultants tracks Kraton's reporting segment for Chemicals which covers the Arizona Chemical business activities including specialised resins for tire applications. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/4230.2192.019.9
All SegmentsEBITDA2021/455.125.8113.4
All SegmentsadjEBITDA2021/444.023.984.4
All SegmentsEBIT2021/435.16.9408.9
All SegmentsTire Segment Sales2021/417.413.331.0
All SegmentsSales Vol MT2021/4103300.0117900.0-12.4


Orion Engineered Carbons USD: 2021 Q4 Results  Link...

Orion Engineered Carbons: Weaker Q4 volumes impacted by Ivanhoe startup, other turnarounds and global supply chain issues. Revenue increases driven by FS cost pass-through to customers. Margins impacted by energy and freight costs.

Orion Engineered Carbons manufactures furnace carbon black as well as thermal, gas, lampblack and acetylene blacks and is the third largest carbon black producer on a global basis. Orion reports results in two segments: Specialist and Rubber. Rubber Chemical Consultants tracks the two segments as well as the overall company results. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/4392.7315.724.41
Carbon BlackadjEBITDA2021/452.366.0-20.7
Carbon BlackEBITDA2021/442.452.4-19.0
Carbon BlackEBIT2021/412.925.6-49.6
Carbon BlackSales Vol MT2021/4223100.0237800.0-6.2
Rubber BlackSales Revenue2021/4245.1188.330.2
Rubber BlackadjEBITDA2021/422.027.1-18.82
Rubber BlackSales Vol MT2021/4163300.0172400.0-5.3
Rubber BlackSales Revenue2021/4245.1188.330.2
Rubber BlackadjEBITDA2021/422.027.1-18.83
Rubber BlackSales Vol MT2021/4163300.0172400.0-5.3


Henniges Automotive Inc: Forming Strategic JV with Guizhou Guihang Automotive  Link...

Henniges Automotive Holdings, Inc., has formed a strategic joint venture with Guizhou Guihang Automotive Components Co., Ltd., a manufacturer of automobile components in the China market. This strategic joint venture will combine the current Chinese operations of Henniges with Guizhou Hongyang Sealing Parts Co., Ltd. and Shanghai Hongyang Sealing Parts Co., Ltd. which are the subsidiaries of Guizhou Hongyang Automotive Components that hold its sealing systems business. The new joint venture is named Henniges (China) Sealing Systems Co., Ltd. with Henniges Automotive holding majority control.


February (2022)

Orion Engineered Carbons: Increasing Speciality Carbon Black Prices Globally  Link...

Orion Engineered Carbons is increasing the price on all speciality carbon black products - the increase will vary depending on the product, manufacturing process and location. The increased pricing will be effective for all shipments beginning April 1, 2022, or as contracts allow.


OCSiAL: Gets Green Light for Luxembourg Graphene Nanotube Production Facility  Link...

OCSiAl has been granted approval by Luxembourg authorities for a production plant, together with an associated R&D center, in Differdange, Luxembourg. The facility will further OCSiAl’s strategic advantage as the leading supplier of the supermaterial and enhance the geographic accessibility of graphene nanotubes to the growing EV components markets in Europe.


Sumitomo Chemical: Joint Development of Hydrogen Production with Microwave Chemical  Link...

Sumitomo Chemical Co., Ltd. and Microwave Chemical Co., Ltd. have started joint development of a process to produce hydrogen by pyrolyzing methane through the use of microwaves, aiming to begin commercial production in the early 2030s, with a capacity of several tens of thousands of tons per year.

Hydrogen is used as a raw material for a range of chemical products, including synthetic resins and organic compounds, and is also attracting much attention as one of the next-generation energy sources for the realization of a carbon-neutral society because it emits no carbon dioxide (CO2) when combusted. The hydrogen obtained by the pyrolysis of methane, a greenhouse gas (GHG), is known as turquoise hydrogen. One advantage of this pyrolysis process is that it simultaneously yields valuable solid carbons, such as carbon black and carbon nanotubes.

The methane pyrolysis reaction requires a large amount of heat, making the reduction of energy used in production a major challenge. A microwave, a type of electromagnetic wave, can directly and selectively heat objects in a reactor from their inside by rotating their molecules and atoms. Compared to other processes that indirectly heat objects in a reactor from their outside, the pyrolysis process using microwaves has greater potential to reduce the energy required to produce hydrogen, as well as CO2 emissions, while also offering higher scalability for commercial production. This joint development aims to establish an energy-saving and highly efficient hydrogen production process by 2026 by combining Sumitomo Chemical's catalyst and chemical process design technology with Microwave Chemical's microwave platform technology. The two companies have already started laboratory-scale experiments at Microwave Chemical.


Bridgestone: Launching Joint Project with ENEOS Focusing on Producing Tire Raw Materials from Used Tires  Link...

Bridgestone and ENEOS have announced the launch of a joint research and development project aimed at achieving the social implementation of "chemical recycling technologies that enable precise pyrolysis of used tires". The aim of the project is to develop a recycling business that will convert used tires to raw materials, enabling a more sustainable society. The joint project will work to develop chemical recycling technologies for used tires by merging the advanced rubber and polymer material design technologies Bridgestone has cultivated with the crude oil refining technologies and foundational basic chemical product manufacturing technologies of ENEOS.

Specifically, the companies will engage in demonstrations for social implementation of chemical recycling technologies for achieving high-yield production of chemical products, such as butadiene, a raw material used in synthetic rubber. These technologies will entail breaking down used tires through precise pyrolysis to produce petrochemical feedstocks (naphtha, etc.) which in turn will be utilized to manufacture petrochemical products. The large-scale demonstrations will be advanced toward 2030 with the goal of achieving mass production and swift commercialization.


Bridgestone: Pursuing Development of Chemical Recycling Technologies for Producing Isoprene from Used Tires  Link...

Bridgestone has announced the launch of a joint research and development program with the National Institute of Advanced Industrial Science and Technology, Tohoku University, ENEOS Corporation and JGC HOLDINGS CORPORATION. This program is aimed at developing chemical recycling technologies that utilize used tires to achieve high-yield production of isoprene, a raw material for synthetic rubber.


Celanese Corporation: Acquiring Majority of Dupont's Mobility and Materials Business  Link...

Celanese Corporation has announced the signing of a definitive agreement to acquire a majority of the Mobility & Materials (“M&M”) business of DuPont. This includes a broad portfolio of engineered thermoplastics and elastomers, industry-renowned brands and intellectual property, global production assets, and a world-class organization. The acquisition of the M&M business is an important strategic step to establishing Celanese as the preeminent global specialty materials company.

The M&M business is a leading global producer of engineering thermoplastics and elastomers serving a variety of end-uses including automotive, electrical and electronics, consumer goods, and industrial applications. The acquired M&M product portfolio includes numerous specialty materials with global leadership positions in nylons (PA 66, PA 6), specialty nylons (HPPA, LCPA, filaments), polyesters (PET and PBT), and elastomers (TPC and EAE). The M&M portfolio is highly functionalized to meet a wide variety of application specifications and is supported by a leading intellectual property portfolio and technology organization.


Yokohama Rubber: Expanding High-Pressure Hose Capacity, IBaraki, Japan  Link...

Yokohama Rubber is expanding the production capacity of its Ibaraki Plant where the Company manufactures high-pressure hydraulic hoses. The capacity addition will focus on installing a new line for spiral wire hoses used mainly in construction machinery and will increase the production capacity of the Ibaraki Plant’s continuous production lines by 50%. Construction will begin this May, with the new line expected to start operating in September 2023.

Demand for construction machinery temporarily declined due to the impact of the coronavirus pandemic, it has since recovered sharply, especially outside of Japan, and is expected to continue increasing. Yokohama Rubber also in the midst of expanding the spiral wire hose capacity of Yokohama Industrial Products – Hangzhou Co., Ltd., the Group’s high-pressure hydraulic hose production base in China, where production capacity will be nearly tripled by this September.


Yokohama Rubber: Reorganising Production of Automotive Hoses and Coupling in the US and Mexico  Link...

Yokohama Rubber Co. is reorganizing its production of automotive hoses and couplings in the United States and Mexico, as part of its effort to strengthen its hose & couplings business. Looking ahead to future demand growth, the reorganization will consolidate and optimize products produced, increase operating rates at each plant, and create a more competitive production system.

The restructuring will transfer the production of air conditioning hoses and transmission oil cooling hoses supplied to automakers in North America and Mexico from Yokohama Industries Americas Inc. (YIA) and Yokohama Industries Americas South Carolina LLC (YIA South Carolina) in the United States to Yokohama Industries Americas de Mexico, S. de R.L. de C.V. (YIA Mexico). The transfers will be carried out gradually from this February, with completion scheduled for June 2023.

The restructuring will enable YIA to concentrate on production of its specialty hose assemblies that require advanced technological capabilities. Similarly, YIA South Carolina will focus on power steering hose assemblies, a product area where it commands a high market share. Meanwhile, YIA Mexico will be the base from which Yokohama Rubber expands its sales of air conditioning and transmission oil cooling hose assemblies.


Continental Rubber Group: Investing in Steel Cord Conveyor Belt Production in Brazil  Link...

Continental plans to significantly expand its capacities in Brazil with an investment of 25 million euro. The additional capacity enables Continental to meet the growing need for high strength belts used in mining operations throughout the South American market. The expansion also includes mixing areas to accomodate future compound demand as well as buiding expansions and installation of a press line. Start of production at the new facilities (location in Brazil is not currently chosen) is tentatively scheduled for early 2024.


Cabot Corporation: Breaks Ground on Speciality Compounds Facility in Indonesia  Link...

Cabot Corporation has broken ground on a new speciality compounds facility in Cilegon, Indonesia. The new facility is co-located with Cabot’s existing carbon black manufacturing site and will add 20,000 metric tons of annual global capacity for specialty compounds, including black masterbatch and conductive compounds. It is expected that the facility will be operational at the end of 2022.

The new capacity provides a reliable, local supply to support the increasing need for specialty compounds in the rapidly growing masterbatch and conductive compounds market in Southeast Asia and globally. This demand is driven by economic growth in the region as well as the evolving mobility landscape, increases in sustainable infrastructure developments and a rise in the production of electrical devices to support global connectivity needs.


Kolon Industries: 2021 Q3 Results  Link...

Kolon Industries reports operations in five segments. The Chemical Segment contains the company's hydrocarbon resin activities, where tire resins are a minor component. Rubber Chemical Consultants tracks the company results and the Chemical Segment results. Currency values reported in: Millions of KRW

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/31128600.0958000.017.8
All SegmentsEBIT2021/377300.029000.0166.6
All SegmentsNet Margin2021/356600.013000.0335.4
ChemicalsSales Revenue2021/3245800.0155000.058.61
ChemicalsEBIT2021/322000.021000.04.82


Thai Lube Base PCL: 2021 Q3 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/36420.03447.086.21
All SegmentsEBITDA2021/31327.0513.0158.72
All SegmentsNet Margin2021/31038.0375.0176.8


Elite Advanced Polymers: Aquiring J Dunnam & Company  Link...

Elite Advanced Polymers, Inc. has entered into a definitive agreement to acquire J Dunnam & Company, a specialty rubber compounder based in Cleburne, Texas. J Dunnam & Company has over 25 years of experience working with its customers to develop and mix specialty rubber compounds. The company provides technical development and custom mixing services for a wide variety of polymers and serves a broad range of applications in the Industrial and Oil & Gas markets.


Tokai Group: 2021 Q4 Results  Link...

Tokai Carbon Co Ltd operates in five reporting segments one of which is carbon black. Tokai carbon produce carbon black in Japan, Thailand and China. Tokai acquired Cancarb (which produces thermal carbon black) in 2014 and also acquired Sid Richardson (a furnace carbon black manufacturer with three US production facilities) mid 2018. RCCL tracks Tokai's carbon black segment. Currency values reported in: Millions of JPY

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue202199491.070754.040.61
Carbon BlackEBIT20218783.03192.0175.22
Carbon BlackSales Revenue2021/427229.020354.033.8
Carbon BlackEBIT2021/42099.02544.0-17.5


Synthos S.A.: Entering Next Phase of Bio-Butadiene Technology Development for Sustainable Rubber Production  Link...

Synthos has reached a major milestone in the development of advanced bio-butadiene technology. After completing a successful feasibility study in 2021, Synthos, Lummus Technology and its Green Circle business have concluded that the bio-butadiene technology is ready for implementation, and the companies have agreed to move into the engineering and design phase of the project.

Synthos has committed to building a plant with a capacity of 40 kMTpa of bio-butadiene and has confirmed it will license BASF’s butadiene extraction technology from Lummus and leverage Lummus’ digitalization capabilities for operational efficiency and reliability.


Hexpol AB: Restructuring UK Operations  Link...

Hexpol is in consultation for a planned restructuring of its UK operations which will see its Lydney operation combined with its Manchester operation with business operations continuing in Manchester only.


Bridgestone: Expanding Production Capacity for Premium PC Tires in Japan  Link...

Bridgestone is expanding production capacity of premium tires at four of its tire plants in Japan: Tochigi, Hikone, Hofo and Tosu. The expansion is part of Bridgestone's Mid Term Business plan to reinforce company structure towards production of premium products.

Construction will start Q1 2022 leading to an increase of approximately 6.2k tires/day by 2025 (a 10% increase on current capacity). Core to the premium product initiative is expansion of high rim diameter tires coupled with incorporation of ENLITEN technology. The ultimate aim is to establish ENLITEN as a forward premium business model incorporating sustainable and economic value through the whole value chain.


Cabot Corporation: 2022 Q1 Results  Link...

Cabot Corporation: Strong momentum in battery materials with 58% YoY volume growth for Q1 and supporting expansions and acquistions in China. Reinforcement margins expected to benefit from 2022 customer agreements.

Cabot Corporation operate in four segments: Reinforcement Materials, Performance Chemicals, Purification Solutions and Speciality Fluids. RCCL tracks performance in the Reinforcement Materials (rubber carbon blacks) and Performance Chemicals (specialist carbon blacks, plastic compounds, metal oxides). EBIT/EBITDA figures for carbon black in the performance chemical segment use RCCL estimates. RCCL also estimates performance for total carbon black based on annual results. Currency values reported in: Millions of USD

SegmentParameterPeriod20222021YoY, %Notes
Carbon BlackSales Revenue2022/1.0559.0-100.01
Carbon BlackEBIT2022/1.0125.2-100.0
Rubber BlackSales Revenue2022/1541.0375.044.3
Rubber BlackEBITDA2022/1103.0105.0-1.9
Rubber BlackEBIT2022/185.088.0-3.4
Rubber BlackSales Vol YoY %2022/1104.0101.03.02
Specialist BlackSales Revenue2022/1227.0184.023.43
Specialist BlackEBITDA2022/152.649.66.0
Specialist BlackEBIT2022/139.137.25.0
Specialist BlackSales Vol YoY %2022/197.0109.0-11.0


Arakawa Chemical Industries: 2021 Q3 Results  Link...

Arakawa Chemical Industries: Increasing raw material and energy costs impacting margins.

Arakawa Chemical Industries reports in four segments. Rubber Chemical Consultants tracks results for all segments as well as those for the Adhesive segment which contains products for the tire and rubber industry. Note: Arakawa's FY is April to March. Currency values reported in: Millions of JPY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/320270.018789.07.9
All SegmentsGross Margin2021/34393.04626.0-5.0
All SegmentsEBITDA2021/31586.02104.0-24.6
All SegmentsEBIT2021/3789.01319.0-40.2
All SegmentsNet Margin2021/3383.01027.0-62.7
AdhesivesSales Revenue2021/38223.06590.024.8
AdhesivesEBIT2021/3-120.0478.0-125.1


January (2022)

Atul Ltd: 2021 Q3 Results  Link...

Atul Ltd a diversified chemical manufacturer with manufacturing operations in India reports results in two operating segments: Life Sciences and Performance Chemicals. Rubber Chemical Consultants tracks the Performance Chemical segment which contains rubber resins and related products (resorcinol and resorcinol formaldehyde) as well as the company results covering all segments. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/313803.19528.944.9
All SegmentsEBIT2021/32091.42468.3-15.3
All SegmentsNet Margin2021/31569.11903.5-17.6
Performance ChemicalsSales Revenue2021/310263.86946.347.8
Performance ChemicalsEBIT2021/31490.81660.4-10.2


Nokian Tires: Introduces Concept Tire with 93% Recycled/Renewable Materials  Link...

The Nokian Tyres Green Step winter concept tire has 93% of its materials content either recycled or renewable. This helps move the company closer to its 2030 goal of 50% of all raw materials used in its tires to be recycled or renewable.

The concept tire uses all natural rubber with renewable oils (e.g. canola oil), plasticisers, resins and process aids. Rice husk silica is the main tread and sidewall filler, with renewable cord fibers also included.

Almost every component of the Green Step also includes some recycled materials. For example, the carbon black used in the rubber compounds was derived from end-of-life tires, and the butyl used in the inner surface as well as the steel in the steel belts and bead wires in the structure are mainly recycled.


Phillips Carbon Black Ltd: 2021 Q3 Results  Link...

Phillips Carbon Black Ltd (PCBL) produce furnace carbon black and also cogenerate electricity using the waste gas from the carbon black process. PCBL report in two segments: Carbon Black and Power, the Power segment sells back to the Carbon Black segment as well as supplying surplus electricity for external sale. All quarterly results are unaudited. Results are reported based for the period in question with no currency adjustments between reporting periods. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/311561.47694.050.3
All SegmentsEBIT2021/31461.71623.7-10.0
All SegmentsNet Margin2021/31115.21250.3-10.8
Carbon BlackSales Revenue2021/311283.17494.950.5
Carbon BlackEBIT2021/31455.11747.1-16.7


Bolder Industries: Partnering with Tauber Oil for Petrochemical Sustainability  Link...

Bolder Industries has announced a 20 year strategic marketing agreement with Tauber Oil Company for exclusive offtake of BolderOil™ , its sustainably derived petrochemical product.

Tauber Oil will be the exclusive purchaser of BolderOil for 20 years, acquiring approximately two million barrels per annum as supply becomes available from Bolder's aggressive capacity build-out plans. Tauber will also manage all administrative and sales services including logistics, consulting, billing, and fulfillment between Bolder Industries and its global customers. In turn, Tauber will consult with Bolder on the design and engineering of any storage offtake and infrastructure at its current facility and future planned facilities.


Bolder Industries: Sign Agreement for Plant in NextGen District, Port of Antwerp  Link...

Bolder Industries has signed as one of the first official concessionaires in the NextGen District in the heart of the port of Antwerp. After applying for the necessary permits, the objective is to be operational by 2023-2024.


Continental Rubber Group: Announces Agro ContiSeal  Link...

Continental has announced Agro ContiSeal, a new polymer for sealing punctures in agricultural tires, allowing them to continue operating. The technology is currently under development and will be put into production soon.


Sentaida Group: Sentury Tire Planning PC/LT Plant in Spain  Link...

Qingdao Sentury Tire is planning to build a 12MM PC/LT tire plant in north west Spain. The plant will be built in 2 phases over 3 years, the first phase of 6MM PC/LT will be completed in 2 years, timing is dependant on local construction situation and funding availability.


General Rubber Corporation: CECO Environmental Acquiring GRC  Link...

CECO Environmental Corp. has agreed to acquire industrial flow control leader GRC. The acquisition will be integrated into the company's Effox-Flextor-Mader, Inc. ("EFM") joint venture with Chartwell Investments Entrepreneur & Founder Capital, LLC ("Chief Capital"). The transaction is expected to close by April 2022, subject to customary closing conditions

GRC is a worldwide leader in the engineering and manufacturing of non-metallic (rubber) expansion joints and flow control products with a highly diversified industrial customer base. With the acquisition, CECO expands its existing offering of EFM dampers and metallic expansion joints to include rubber expansion joints, ducting expansion joints, and industrial pinch and duck bill valves. The addition of GRC expands the addressable market size for CECO from $200 million to $500 million.


Goodyear: Develops Tire with 70% Sustainable Materials Content  Link...

Goodyear has announced the release of a demonstration tire with 70% sustainable-material content, including industry-leading innovations. The 70% sustainable-material tire includes 13 featured ingredients across nine different tire components and includes the following:

  • Carbon Blacks: from three different processes using methane, carbon dioxide and plant-based oil feedstocks.
  • Soybean Oil: reduces reliance on petroleum-based products.
  • Rice Husk Silica: produced from waste ash left after rice processing.
  • Polyester: recycled from plastic bottles and other waste and coverted into tire cords.


December (2021)

Trelleborg A.B.: Acquires North American Coated Fabrics Operation  Link...

Trelleborg Industrial Solutions has acquired Alpha Engineered Composites' operation in polymer coated fabrics used in niche applications such as transportation equipment and aerospace. This aquistion gives Trelleborg access to heat-resistant silicone coated fabrics, allowing Trelleborg entry into new coated fabrics markets.


Nokian Tires: Focusing on Premium Segments for Growth in Heavy Tires  Link...

Nokian Heavy Tyres (NHT) is targeting to grow by 50% in mid-term. The global heavy tires business is steadily growing above 4% per year, but Nokian Heavy Tyres’ target is to grow more than 10% per year.

NHT is building new capacity from 20 to 32 million kilos by investing approximately 70 million euros by 2023 helping it to meet the growing market demand. There will be developments in digital capabilities, processes, production, sales and logistics, as well as directly with customers, by connecting tires with different electronic systems and developing smart tires.


Continental Rubber Group: Low Sulphur Fuels Named Winner of Continental Challenge for Polymer Recycling Solutions  Link...

Continental has announced the winner of the second Continental Challenge for sustainable material solutions: Low Sulphur Fuels (LSF) based in Amersham, UK. The innovators at Low Sulphur Fuels had developed a convincing process with the potential to solve a number of the unanswered questions of plastics and rubber recycling.

LSF’s winning idea recycles mechanically sorted plastic materials, end-of-life tires and rubber products as well as used oils through its Fast Electrochemical Process (FEP). Within this closed-loop oxidation process, the feedstock is first heated to its gas phase and then reacted with a proprietary electrolyte. The distillate is then separated and washed, resulting in a low sulphur distillate, broad-range naphta and raw carbon black which can then be used as feedstock materials for the chemical, automotive and other industries.


Bridgestone: Transfering AV Rubber Business to Anhui Zhongding Holding Group  Link...

Bridgestone will transfer its anti-vibration rubber business to Anhui Zhongding Holding with the transaction expected to close by end of July 2022. The AV rubber business is part of the chemical and industrial products business representing about half of Bridgestone's diversified products business. This move transfers ownership of the AV business to a company with AV at its core.


Monolith Materials: Collaborating with Goodyear  Link...

The Goodyear Tire & Rubber Company has signed a collaboration agreement and letter of intent with Monolith for the development and potential use of carbon black produced from methane and/or biomethane for tires.


Ascend Performance Materials: Planning to Purchase DM Color Mexicana  Link...

Ascend Performance Materials has announced plans to purchase the assets of DM Color Mexicana, a joint venture between Dainichiseika and Mitsubishi Corp. The deal is expected to close in the second quarter of 2022.


BlackCycle: World's first Production of Sustainable Carbon Blacks (sCB)  Link...

The BlackCycle consortium has announced the world’s first production of sustainable carbon blacks (sCB) for tire applications on a conventional carbon black furnace reactor by using oils derived from an end-of-life tire pyrolysis process. This novel production of a sustainable material from end-of-life tyres represents a truly circular process.

The use of pyrolysis oil (supplied by Pyrum Innovations, Germany) as carbon black feedstock was successfully evaluated in the Innovation department of Orion Engineered Carbons. Orion concluded that replacing in a rubber coumpound a fossil fuel-based carbon black with a carbon black made from oil derived from the ELT pyrolysis will not change its properties.


Bridgestone: Consolidating TBR Manufacturing Footprint in China  Link...

As part of its mid-term business plan, Bridgestone is restructing its manufacturing footprint for truck and bus radial tires in China. Bridgestone will close its Huizhou truck plant by the end of December 2021, consolidating production at its Shenyang plant. For customers and suppliers, Bridgestone has maintained to provide products and services from Shenyang as well as other sites in other regions.


Cabot Corporation: Collaborating with IFF Health and Biosciences to Develop Sustainable Reinforcing Additives  Link...

Cabot Corporation has signed a Memorandum of Understanding (MOU) with IFF Health and Biosciences, a leader in world-class bio-science and engineering, for the development and commercialization of sustainable reinforcing additives for rubber products. Under the terms of the MOU, Cabot and IFF will exclusively work together to accelerate the advancement of innovative solutions that reduce greenhouse gas emissions and increase the amount of renewable bio-based content in rubber products.

The two companies have been exploring the development of novel, highly sustainable rubber reinforcing additives based on the use of IFF’s Nuvolve™ engineered polysaccharide. Created by enzymatic polymerization of sustainable European sugar beets, Nuvolve™ engineered polysaccharide will be used as a rubber reinforcing material to be blended with Cabot’s reinforcing carbons. Under the terms of this new MOU, Cabot will lead the development and commercialization of this novel product as a complementary material to Cabot’s reinforcing carbons in rubber applications, leveraging the sustainability benefits of a renewable resourced material without compromising performance and safety.


Teknor Apex Company: Acquires Lanier Color Company  Link...

Teknor Apex hasacquired Lanier Color Company, located in Gainesville, GA, USA. Lanier Color Company is a leading supplier of color concentrates and specialty compounds for the thermoplastics industry with a focus in the building and construction market.

The addition of Lanier expands Teknor Apex’s portfolio to now include PVC color concentrates while adding to its specialty compounds offerings specific to the building and construction market. Also, the existing Lanier Color Company customer base will now have access to the broader portfolio of Teknor’s PVC compounds and state of the art product and application development capabilities. The company will continue to operate in its current location of Gainesville, GA and will work in coordination with Teknor Color’s current manufacturing locations in Kentucky and Texas.


November (2021)

Phillips Carbon Black Ltd: Signs MoU with Tamil Nadua Govt For Fifth Plant  Link...

Phillips Carbon Black has signed a MoU with the Govt of Tamil Nadu for setting up of a state-of-the-art carbon black plant, with a production capacity of 1,47,000 MTPA and 24 MW green power


Cabot Corporation: Signs Agreement to Divest Purification Solutions Business  Link...

Cabot Corporation has entered into an agreement to sell its Purification Solutions business to One Equity Partners. This move allows Cabot to focus resources on its core business segments and to invest in strong growth and innovation areas such as battery materials.


Bridgestone: Consolidating Advanced Chemical Product Plants in Japan  Link...

Bridgestone, as part of its Mid-Term Business Plan, is consolidating its plants for advanced chemical products in Japan from a total of nine plants now to 6 plants in the future. The plants closing are: Shikoku (Q3 2022), Gifu (Q1 2023), Gotemba (Q2 2023).


Asahi Kasei: Planning To Produce S-SBR Using Butadiene Derived From Plastic Waste  Link...

Asahi Kasei concluded an agreement with Shell Eastern Petroleum regarding the supply of butadiene derived from plastic waste and biomass. Asahi Kasei plans to begin producing and marketing sustainable S-SBR using the sustainable butadiene at its plant in Singapore by the end of fiscal 2021.

Throughout the life cycle of tires the proportion of CO2 emissions in the case of internal combustion engine vehicles is highest in the use phase. In the case of electric vehicles, use-phase emissions are significantly reduced, making emissions from materials such as S-SBR relatively higher. The use of sustainable S-SBR therefore enables a significant reduction in CO2 emissions over the life cycle of tires. Asahi Kasei expects to make a significant contribution to reduced CO2 emissions throughout the supply chain through the production of S-SBR using sustainable butadiene.


Lanxess: Expanding Compounding at Changzhou Site  Link...

Lanxess is building a second compounding line for Durethan- and Pocan-branded high-tech engineering plastics at its manufacturing site in Changzhou. An investment of around EUR 30 million will increase the capacity in Changzhou by 30,000 metric tons per year. The new line is planned to go on stream in the first quarter of 2023.


Sirmax SpA: Increasing Production Capacity  Link...

Sirmax Group is increasing its production capacity with an investment of 10MM Euro for machinery in Europe and the USA. This will lead to a 27 kMTpa increase in Sirmax Group's production capacity, which translates to + 10% in Europe and + 15% in the United States. The new machines will enable Sirmax to meet the market's increased demand for engineering plastics and polypropylene compounds, which has grown by 50% and 26% respectively in the first 9 months of 2021.


BASF: Selling Kaolin Minerals Business to KaMin  Link...

BASF have signed an agreement to sell its kaolin minerals business to KaMin.The kaolin minerals business is part of BASF’s Performance Chemicals division. Pending approval by the relevant merger control authorities, closing of the transaction is expected in the second half of 2022.

The kaolin minerals business has approximately 440 employees, including personnel in North America, Europe and Asia. It generated sales of around €155 million in 2020. The divestiture comprises the production hub with sites in Daveyville, Toddville, Edgar, Gordon and related mines, reserves and mills in Toomsboro and Sandersville in Georgia, United States. The co-located refinery catalysts operations will continue to be owned and operated by BASF’s refinery catalysts business and are not part of the divestiture.


Tatneft:   Link...

Tatneft has signed license and engineering agreements with Versailis for the construction of two rubber production plants in Togliatti. Under the agreement, Tatneft will build a 70-metric-kiloton-per-annum (ktpm) nitrile butadiene rubber (NBR) plant and a 30ktpa carboxylate styrene butadiene rubber latexes (XSBR) unit using Versalis technologies


SI Group: Global Rubber and Adhesive Additives Price Increases  Link...

SI Group are increasing prices for its rubber and adhesive additives. Pricing for impacted products will increase by up to 25%, effective immediately or as contracts allow.The increases come as a result of significant inflationary pressures impacting the cost of materials, transportation and operations, as well as regional demand increases.


Cabot Corporation: Acquiring Tokai Carbon (Tianjin) Co., Ltd Carbon Black Plant  Link...

Cabot Corporation has entered a definitive agreement to acquire Tokai Carbon (Tianjin) Co., Ltd from Tokai Carbon Group for $9 million, subject to customary closing adjustments. The carbon black plant, commissioned in 2006 is located in close proximity to Cabot’s current carbon black and speciality compounds facility in Tianjin, China. The acquisition is expected to support the growth of Cabot’s Battery Materials product line, while continuing to serve existing carbon black customers.

The site currently produces up to 50 kMTpa of carbon black, Cabot plans to invest to upgrade the capabilities to produce battery grades as well as other carbon black products.


Bridgestone: Targetting 90% of Replacement Tires to Incorporate ENLITEN by 2030.  Link...

Bridgestone has emphasised the continued rollout of its ENLITEN technology which reduces the weight of PC tires by 20% and improves rolling resistance by 30% compared to other tires on the market. ENLITEN is currently the focus of OE fitments in Europe with full scale expansion to both OE and RP in Europe planned by 2024. The group has set a target of equiping 90% RP tires globally by 2030. Approximately 70% of RP tires in EU and USMCA and 10% of RP tires in China and Japan are expected to be equiped with the technology.


Trelleborg A.B.: Divesting Printing Blankets Operation  Link...

Trelleborg Group has signed an agreement to sell its printing blankets operations to Continental for integration into Continental's ContiTech business area. This sale concludes Trelleborg's December 2019 strategic review implementation following divestment of companies with a combined sales revenue of SEK3200M. The printing blankets divestment is expected to be finalised 1H 2022.


Cabot Corporation: 2021 Q4 Results  Link...

Cabot Corporation: Expecting benefit from higher volumes in Reinforcement segment driven by strong forecasted tire production as well as higher pricing in 2022 calendar customer agreements with customers placing a premium on supply security.

Cabot Corporation operate in four segments: Reinforcement Materials, Performance Chemicals, Purification Solutions and Speciality Fluids. RCCL tracks performance in the Reinforcement Materials (rubber carbon blacks) and Performance Chemicals (specialist carbon blacks, plastic compounds, metal oxides). EBIT/EBITDA figures for carbon black in the performance chemical segment use RCCL estimates. RCCL also estimates performance for total carbon black based on annual results. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/4694.0481.044.31
Carbon BlackEBIT2021/498.876.329.6
Rubber BlackSales Revenue2021/4493.0325.051.7
Rubber BlackEBIT2021/467.059.013.62
Rubber BlackSales Vol YoY %2021/4106.089.019.13
Specialist BlackSales Revenue2021/4201.0156.028.84
Specialist BlackEBIT2021/431.817.384.65


Birla Carbon: Increasing Speciality Carbon Black Prices Globally  Link...

Birla Caron is increasing global prices for its speciality carbon blacks effective December 1, 2021. The price adjustments are required due to a steady rise in raw materials, freight, logistics and overall operations.


RCCL News:

NEW REPORT: Tire Fillers Market 2021  Link...

Rubber Chemical Consultants Ltd (RCCL) has released its 2021 annual tire fillers market report. This report provides detailed market demand analysis for tire fillers including RCCL's estimates for the impact of tire companies' sustainability visions. Analysis incorporates all the necessary drivers, including (but not limited to): organic tire market growth, changing tire/automotive technologies, HVA products, product differentiation, environment and sustainability.


Orion Engineered Carbons: Converting Carcass Line to Tread Line at Louisiana Plant  Link...

Orion Engineered Carbons is planning to convert a carcass line to a tread line at its Ivanhoe, Lousiana plan in 2022. Orion state the change is due to onshoring of tire production with tightening supply for tread grade carbon black. The switch will convert 30 kMTpa of carcass to tread capacity.


Tokai Group: 2021 Q3 Results  Link...

Tokai Carbon Co Ltd operates in five reporting segments one of which is carbon black. Tokai carbon produce carbon black in Japan, Thailand and China. Tokai acquired Cancarb (which produces thermal carbon black) in 2014 and also acquired Sid Richardson (a furnace carbon black manufacturer with three US production facilities) mid 2018. RCCL tracks Tokai's carbon black segment. Currency values reported in: Millions of JPY

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/325998.017770.046.31
Carbon BlackEBIT2021/32331.0540.0331.72


Orion Engineered Carbons USD: 2021 Q3 Results  Link...

Orion Engineered Carbons: Strong profitability in Speciality Carbon Black segment driven by demand recovery and favourable product mix. Advanced 2022 Rubber contract prices agreed for 2/3rds of Americas and EMEA volumes.

Orion Engineered Carbons manufactures furnace carbon black as well as thermal, gas, lampblack and acetylene blacks and is the third largest carbon black producer on a global basis. Orion reports results in two segments: Specialist and Rubber. Rubber Chemical Consultants tracks the two segments as well as the overall company results. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/3393.1282.039.4
Carbon BlackadjEBITDA2021/366.455.020.8
Carbon BlackEBIT2021/340.324.166.9
Carbon BlackSales Vol MT2021/3236900.0237000.0.0
Rubber BlackSales Revenue2021/3242.8178.436.1
Rubber BlackadjEBITDA2021/327.428.5-3.91
Rubber BlackSales Vol MT2021/3173000.0178200.0-2.9
Specialist BlackSales Revenue2021/3150.2103.645.0
Specialist BlackadjEBITDA2021/339.026.547.32
Specialist BlackSales Vol MT2021/363900.058800.08.7


Longxing Chemical Stock: 2021 Q3 Results  Link...

Longxing Chemical Stock (second largest furnace carbon black producer in China) also produces chemicals and precipitated silica. Rubber Chemical Consultants tracks Longxing's furnace black and precipitated silica segments as well as quarterly company results. Currency values reported in: Millions of CNY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/3809.1614.231.7
All SegmentsNet Margin2021/319.018.62.5
All SegmentsEBIT2021/318.023.4-22.9


Jinneng Science & Technology: 2021 Q3 Results  Link...

Jinneng Science & Technology have an integrated chemical operation including coking, chemical production, coal tar deep processing, carbon black and silica production. RCCL follows Jinneng's full operational results (all segments) and studies individual carbon black and silica segment performance. Currency values reported in: Millions of CNY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/32707.51678.361.3
All SegmentsEBIT2021/3232.5247.0-5.8
All SegmentsNet Margin2021/3208.1211.8-1.8


Yongdong Chemical Industry: 2021 Q3 Results  Link...

Yongdong Chemical Industry is active in coal tar processing and carbon black production. Carbon black production includes reinforcing, conductive and pigment grades of carbon black. Currency values reported in: Millions of CNY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/3942.8600.756.9
All SegmentsEBIT2021/339.145.2-13.4
All SegmentsNet Margin2021/332.837.8-13.2


Evonik Industries: 2021 Q3 Results  Link...

Evonik Industries: Solid demand in automotive benefiting Silica for tires in the replacement market.

Evonik currently reports in four segments. The silica and silane activities reside in the Smart Materials segment. Rubber Chemical Consultants tracks the Resource Efficiency segment. Note: Prior year values are unadjusted values for the given period. Currency values reported in: Millions of EUR

SegmentParameterPeriod20212020YoY, %Notes
Smart MaterialsSales Revenue2021/31002.0790.026.81
Smart MaterialsadjEBITDA2021/3177.0137.029.2


Jiangxi Black Cat Carbon Black: 2021 Q3 Results  Link...

Jiangxi Black Cat Carbon Black is China's biggest producer of furnace carbon black with capacity at just over 1 million metric tonnes. Rubber Chemical Consultants tracks Jiangxi Black Cat for total financial performance as well as performance in furnace black and precipitated silica production. Currency values reported in: Millions of CNY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/31855.91386.833.8
All SegmentsEBIT2021/319.677.8-74.9
All SegmentsNet Margin2021/310.078.0-87.2


Yokohama Rubber: Completes Transfer of Hamatite Business to Sika Group  Link...

Yokohama Rubber has completed the transfer of its Hamatite business to the Sika Group.

Hamatite operations in Japan have been taken over by Sika Hamatite Co., Ltd. and Sika Hamatite Sales Co., Ltd., while Hamatite operations conducted by Yokohama Rubber Group companies in the United States, China, and Thailand are being assumed by, respectively, Sika Automotive Kentucky, LLC, Sika Hamatite Automotive (Zhejiang) Co., Ltd., and Sika Thailand.


Bridgestone: Withdrawing from Conveyor Belt Business  Link...

Bridgestone has announced that it will withdraw from conveyor belt business reducing its production and sales volume gradually to minimize the impact to the operations of its customers and suppliers. Bridgestone will withdraw from the business completely by the end of 2024.

Bridgestone is restructuring the portfolio of its diversified products business to focus on areas where it can leverage its core competencies. This is part of the reinforcement of portfolio management in the Mid Term Business Plan (2021-2023), announced on February 16, 2021.


Flexsys: One Rock Capital Partners Completes Acquisition of Eastman's Tire Additives Business and Renames Company Flexsys  Link...

One Rock Capital Partners, LLC has completed the acquisition of Eastman Chemical Company's tire additives business and ahs renamed the company Flexsys as a tribute to the legacy name of the business.


Arakawa Chemical Industries: 2021 Q2 Results  Link...

Arakawa Chemical Industries reports in four segments. Rubber Chemical Consultants tracks results for all segments as well as those for the Adhesive segment which contains products for the tire and rubber industry. Note: Arakawa's FY is April to March. Currency values reported in: Millions of JPY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/220024.016243.023.3
All SegmentsEBITDA2021/21517.0906.067.4
All SegmentsEBIT2021/2772.0169.0356.8
All SegmentsNet Margin2021/2461.0197.0134.0
AdhesivesSales Revenue2021/27954.05724.039.0
AdhesivesEBIT2021/2183.0181.01.1


Chroma Color Corporation: Acquires Meyer & Sons, Inc.  Link...

Chroma Color Corporation has acquired J. Meyer & Sons, Inc. a manufacturer of color concentrates and masterbatches for the medical and pharmaceutical markets.


October (2021)

Atul Ltd: 2021 Q2 Results  Link...

Atul Ltd a diversified chemical manufacturer with manufacturing operations in India reports results in two operating segments: Life Sciences and Performance Chemicals. Rubber Chemical Consultants tracks the Performance Chemical segment which contains rubber resins and related products (resorcinol and resorcinol formaldehyde) as well as the company results covering all segments. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/212499.610020.924.7
All SegmentsEBIT2021/21957.72344.1-16.5
All SegmentsNet Margin2021/21466.31750.6-16.2
Performance ChemicalsSales Revenue2021/29266.66896.034.4
Performance ChemicalsEBIT2021/21428.51593.0-10.3


Eastman: 2021 Q3 Results  Link...

Eastman have now exited the rubber chemicals business. RCCL is no longer tracking Eastman. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
Additives Functional ProductsSales Revenue2021/3997.0742.034.41


Eastman: Selling Adhesive Resins Business Product Lines  Link...

Eastman Chemical Company has entered into a definitive agreement to sell its adhesives resins assets and business to Synthomer plc. The sale consists of hydrocarbon resins (including Eastman Impera tire resins), pure monomer resins, polyolefin polymers, rosins and dispersions, and oleochemical and fatty-acid based resins product lines. The business is currently part of Eastman's Additives & Functional Products segment.

Eastman recently divested the tire addtives business as part of their initiative to improve the performance of the Addititves & Functional Products segment.


Kraton Corporation: 2021 Q3 Results  Link...

Kraton Corporation: Higher sales volumes associated and improving demand into high-value upgrade markets. Continued favourable market fundamentals resulting in higher average selling prices, partially offset by higher average raw material and other costs.

Kraton Performance Polymers Inc manufacture styrenic block copolymers and other engineered polymers. Kraton acquired Arizona Chemical in January 2016. Arizona Chemical manufacture pine and hydrocarbon based resin products. Rubber Chemical Consultants tracks Kraton's reporting segment for Chemicals which covers the Arizona Chemical business activities including specialised resins for tire applications. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/3229.8174.931.4
All SegmentsadjEBITDA2021/346.828.365.2
All SegmentsTire Segment Sales2021/316.311.146.8
All SegmentsSales Vol MT2021/3111500.0110500.0.9


Cabot Corporation: Launching New Carbon Black with Low PAH Content  Link...

Cabot has announced the launch of VULCAN® 3-LP, a new low PAH product for rubber applications. VULCAN 3-LP is a pelletized reinforcing carbon black engineered for rubber products requiring higher reinforcement, strength, abrasion and tearing resistance versus semi-reinforcing carbon blacks.

This is the fourth product in the Cabot LP carbon black series for the use in applications that require a controlled, very low PAH content, such as consumer rubber goods as well as food and potable water contact applications.


Phillips Carbon Black Ltd: 2021 Q2 Results  Link...

Phillips Carbon Black Ltd: Robust quarterly growth YoY. Highest ever speciality chemical sales volume in reporting quarter. Greenfield project in Tamil Nadu is progressing with major equipment orders placed.

Phillips Carbon Black Ltd (PCBL) produce furnace carbon black and also cogenerate electricity using the waste gas from the carbon black process. PCBL report in two segments: Carbon Black and Power, the Power segment sells back to the Carbon Black segment as well as supplying surplus electricity for external sale. All quarterly results are unaudited. Results are reported based for the period in question with no currency adjustments between reporting periods. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/210451.76441.362.3
Carbon BlackEBIT2021/21678.4833.8101.3
Carbon BlackSales Vol MT2021/2115717.0110397.04.8


Wacker Chemie AG: Acquring Stake in Chinese Speciality Silane Manufacturer  Link...

Wacker has acquired a 60 percent stake in speciality silane manufacturer SICO Performance Material Co., Ltd, based in Jining, China. The transaction is expected to close 1H 2022.


Kuraray Co: Increasing Prices for Liquid Rubber  Link...

Kuraray has increased prices (+0.4 USD/Kg) for Liquid Rubber for shipments from 1st Nov 2021. The increases are necessary due to increasing feedstock, packaging and utility costs.


PPG Industries: Strategic Agreement with OSC  Link...

PPG has entered into a strategic agreement with Oriental Silicas Corporation (OSC), whereby OSC will be a sales representative for select grades of PPG silica products used by tire manufacturers in the Asia-Pacific region. The agreement includes select low- and high-surface-area PPG HI-SIL® silica products and PPG AGILON® performance treated silica.


Cabot Corporation: Increasing Global Prices for Speciality Carbon Blacks  Link...

Cabot is increasing global pricing for speciality carbon blacks due to the significant rise in prime raw material costs across all regions. The price increases will be effective December 1st 2021 (contracts allowing). A surcharge on all shipments post November 1 2021 (contracts allowing) is also being added for speciality products produced in Europe, this surcharge is required to address the rapid increase in natural gas costs.


Mangalam Organics Limited: 2021 Q2 Results  Link...

Mangalam produces synthetic resins and terpene derived chemicals. For 2016 approximately 10% of revenue was derived from synthetic resins. In June 2015 a fire in the synthetic resin operation stopped production, the company has subsequently restarted production for a more limited selection of high margin products. Mangalam report for the combined segments and RCCL tracks this information. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/21430.5858.866.6
All SegmentsEBIT2021/2307.5194.058.5
All SegmentsNet Margin2021/2223.11432.3-84.4


Apollo Tires: Bringing Vredestein Premium Brand to India  Link...

Apollo Tyres has launched the Vredestein premium brand in India. The tires will be manufactured at state-of-the-art facilities in India catering for the premium and luxury PC segment. Two-wheeler tyres from the brand will cater for growing superbiking segment in India.

Vredestein has been operating in the RPmarket primarily in Europe and the USA. Recently, the company started supplying Vredestein tyres to European OEs like Audi, VW, SEAT and Ford. In India, Apollo Tyres will be selling Vredestein brand of tyres in the RP market initially; the company will leverage its association with global OEMs to have Vredestein ultra high performance tyres as OE fitment in the future.


SI Group: Launches Bio-Renewable Tackifier  Link...

SI Group has launched its ELAZTOBOND™ MeltPlus T8-7920 resin – a bio-renewable based tackifier resin delivering superior adhesion and high heat resistance in both pressure sensitive and conventional ethylene vinyl acetate (EVA) hot melt adhesives.


UPM Biodchemicals GmbH: Launches UPM BioMotion™ Renewable Functional Fillers  Link...

UPM has launched its BioMotion™ Renewable Functional Fillers (RFF) offering a sustainable alternative to fossil-based carbon black and precipitated silica.

The RFF range of products will be produced from sustainably sourced hardwood at UPM's biorefinery in Leuna, Germany (under construction). UPM is currently using test batches of RFF to work with the leading companies in the rubber-processing industry globally on the development, qualification, and pre-industrial production of final products for various industries. Mass production of RFF in Leuna will ramp up during 2023


Evonik Industries: Zhenjiang, China Fumed Silica JV with Wynca Starts Production  Link...

Evonik's JV plant with Chinese company Wynca has started production of fumed silica. The plant is located in Zhenjiang New Material Industry Park, Jiangsu and is Evonik's first fumed silica production site in China.

Fumed silica is an important functional material. With features such as thickening, thixotropy, anti-precipitation, and matting, it has been widely applied in industrial applications such as silicones, coatings, adhesives, and sealants. The demands for fumed silica in the Chinese market is growing steadily.


Monolith Materials: Joint Venture with SK Inc to Produce Clean Hydrogen and Carbon Black Products in South Korea  Link...

Monolith announced it has signed a memorandum of understanding with SK Inc. to pursue a joint venture for producing clean hydrogen and carbon black products in South Korea. Monolith currently produces clean hydrogen and carbon black in Hallam, Nebraska, with plans for additional U.S.-based growth already underway.

As part of the MOU, Monolith will share its production and technology knowledge with SK Inc. to produce hydrogen and solid carbon products in South Korea. SK Inc. will oversee the production, sales and distribution of these products in that market. Monolith and SK Inc. first worked together in the summer of 2021 following SK Inc.’s investment in the clean hydrogen production leader.


Michelin: Expanding Resicare Bio-Based Adhesives  Link...

Resicare, a Michelin subsidiary, is making progress expanding market opportunities for its bio-based, toxic-free, adhesives following a three year development program with Allin, a specialist plywood panel manufacturer.

With respect to tires, ResCare installed a mobile resin production unit at Michelin's Olsztyn site, signaling the start of commercial operations. Several additional installations are planned in Europe and Asia over the coming months.


Rogers Corporation: Acquires UK Based Silicone Engineering Ltd  Link...

Rogers Corporation has acquired UK based Silicone Engineering Ltd. The move provides Rogers' with a European Center of Excellence and extends its existing advanced silicones platforms.


RCCL News:

Rubber Chemical Consultants October 2021 Newsletter  Link...
rubber chemical consultants april 2021 newsletter

Special Focus: Tire Brand Analysis:

  • What is tire brand analysis (TBA)?
  • TBA and tire chemical market analysis
  • Examples of TBA utilisation
  • Benefits of TBA within RCCL's GTRCDB©

2021 Q3 rubber chemical manufacturer changes.

2021 Q3 rubber chemical consumer (tire, rubber goods, plastics) changes.

2021 Q3 compound capacity movements for Tire, MRG & Plastic Segments.

Lastest Projects and Global Tire & Rubber Chemicals Database Upgrades.


Bolder Industries: Expanding with Project-Level Funding  Link...

Bolder Industries is looking to expand its domestic and foreign capabilities through project level funding from a group co-led by CIM Group, Aravaipa Ventures and strategic partner Tauber Oil.

Expansion plans for the Maryville plant should more than double the facility's capacity by the first quarter of 2022, with plans for additional production facilties in the US and Europe.


Yokohama Rubber: Testing Sensor-Attached Tires with Zenrin  Link...

Yohohama Rubber has begun testing of a tire sensor attached to the tire's inner surface. The testing is in collaboration with Zenrin on a nationwide basis.

The tests are being conducted using a tire sensor being developed by Yokohama Rubber and an in-vehicle device developed by Alps Alpine Co., Ltd., that has been attached to the test vehicles with Zenrin’s cooperation. The tests will confirm the durability of the sensors and the ability of a newly developed system to remotely monitor tire pressure using the in-vehicle device. Yokohama Rubber aims to realise a new value-added tire-related business that provides tire pressure information and GPS location data along with Zenrin's abundant map information.


Trelleborg A.B.: Expanding in Russia, Vietnam, Japan and Morocco  Link...

Trelleborg is expanding by establishing manufacturing operations in Russia, Vietnam, Japan and Morocco with a total investment of about SEK 300 millioni over five years.

Trelleborg Sealing Solutions will begin manufacturing sealing solutions for the large domestic Russian market in the third quarter of 2022. The production site, located in Yesipovo near Moscow, will manufacture high-performance seals for the transportation equipment and aerospace market segments, among others.

Trelleborg Sealing Solutions will also establish production of sealing solutions in Vietnam where the Group has seen a growing need for its engineering seals in a number of market segements.

Trelleborg Industrial Solutions will begin manufacturing automotive boots in Odawara, south-west of Tokyo, in the first quarter of 2022.

In the spring of 2021, automotive boots manufacturing began in Kenitra, Morocco, in response to rising demand. This is the Group’s first production facility on the African continent.


Orion Engineered Carbons: Implementing Carbon Dioxide Surcharge for All European Manufactured Carbon Black Products  Link...

Orion Engineered Carbons is implenting a carbon dioxide surcharge on all carbon blacks produced in Europe effective January 1, 2022. This move is due to changes in the EU Emission Trading System.

The official EU Emission Trading System (ETS) aims to support the EU climate neutrality target by 2050 and the intermediate target of at least 55 percent net reduction in greenhouse gas emissions by 2030 compared to 1990. The EU ETS has entered its fourth trading phase (2021-2030) resulting in additional costs based on direct CO2 emissions for the carbon black industry.


September (2021)

Toyo Tire Corporation: Closing Rubber Mixing Business in Australia  Link...

Toyo Tire Corporation has announced that its Australian sales subsidiary Toyo Tyre Australia Pty Ltd will end its rubber mixing business as of December 13, 2021.


Kraton Corporation: Enters Into Definitive Agreement to be Acquired by DL Chemical Co., Ltd  Link...

Kraton Corporation has entered into a definitive merger agreement with DL Chemical Co., Ltd. ("DL Chemical"), a subsidiary of DL Holdings Co., Ltd. (formerly Daelim Industrial Co., Ltd. DL Chemical will acquire 100% of Kraton in an all-cash transaction implying an enterprise value of approximately $2.5 billion.

DL Chemical Group acquired Kraton's Cariflex business last year, after a successful integration of that business Kraton's speciality polymer and bio-based chemical businesses were seen as an attractive addition to DL Chemical's portfolio.


Teknor Apex Company: New European Manufacturing Facility & Center of Excellence in Germany  Link...

Teknor Apex Company has announced the completion of their new state of the art 50,000 m2 facility in Rothenburg ob der Tauber, which increases its manufacturing capacity of custom compounds and establishes a new European Center of Excellence for plastics research and development.

The Rothenburg facility producesTPEs and engineering thermoplastics ranging from general-purpose compounds to highly specialized formulations. An extensive laboratory will be used for developing new compounds and providing customers with design support, application development, as well as product and process training.


RCCL News:

Furnace Carbon Black Markets & Pricing September 2021  Link...
FCB Market and Pricing Sep 2021

Rubber Chemical Consultants Ltd (RCCL) a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce that it has published a new report covering furnace carbon black market demand and pricing. The report covers global and regional demand from 2015 to 2040, with quarterly analysis for 2019 to 2021. Market pricing for 2015 to 2040 is included for China, Europe and USMCA.

Find out more »


Tokai Group: Raising Prices for US Carbon Black Production  Link...

Tokai Carbon CB Ltd are raising prices for all carbon black produced in the U.S. The rise of 44 USD/MT helps to offset costs for implementation of EPA emission reductions which have doubled from the original estimate.


Versalis: Acquiring Finproject  Link...

Versalis buying the remaining 60% of the shares of the Marche region based industrial group Finproject, an Italian leader in the compounding sector and in the production of ultralight products, in order to raise its stake to 100%.

Finproject is the leading operator in Italy in the production of cross-linkable and thermoplastic compounds for industrial uses and in the molding of products, in particular for the footwear sector, and of products in the ultralight expanded materials marketed under the XL EXTRALIGHT® brand which, in collaboration with some of the most important brands, are intended for the consumer end market.

The acquisition aims to create an all-Italian leading platform, leveraging the synergy between Versalis’ technological and industrial leadership in the chemical industry and Finproject’s positioning on the market of high added value applications, with a business that is resilient to the volatility of the chemical industry scenario. Full ownership will allow Eni’s chemical company to develop innovative technological solutions for important brands in the sectors of fashion, design, footwear and industrial applications such as cables, pipes, renewable energy, construction and automotive, with significant growth prospects at an international level using a globally consolidated commercial network.


Carlton Forest Group: First UK Continuous Pyrolysis Plant Receives Investment Grant  Link...

Carlton Forest have received a substantial grant from BEIS Invest to Grow grant scheme in recognition of the contribution we are making to the future of tyre recovery in the UK. The UK’s first patented, pyrolysis plant will commence 24/7 operations towards the end of 2021.


Hexpol AB: Hexpol TPE Expanding in Sweden  Link...

HEXPOL TPE has announced a 57 Million SEK investment at their company in Åmål, Sweden, to support increasing demand and evolving market requirements.

The Swedish company specialises in TPE materials for sensitive and regulated applications such as medical devices, toys, consumer, automotive and food contact. Sustainability and biobased materials are also driving their strategy.

A new production hall is being constructed, dedicated to medical production, with strict cleanliness, traceability, and reproducibility controls. It has been designed to minimise contamination risks and will house a new twin-screw compounding line with gravimetric feeders and advanced monitoring systems adopted for medical production. The project is targeted for completion by autumn 2022.


Michelin: Recycling PET Waste into Tires by 2024  Link...

Michelin is planning to use waste PET from plastic bottles in their tire reinforcing fibers as early as 2024. This was announced ahead of the German transporation show IAA in Munich.


RCCL News:

NEW REPORT: Tire Tread Performance Resins and RPOs 2021  Link...

Rubber Chemical Consultants Ltd (RCCL) has released its latest tire chemical market report focusing on tire tread performance resins and rubber process oils. This report provides detailed past, present and future analysis for market demand of these two increasingly related groups. Analysis includes RCCL's estimates for the impact of tire companies' sustainability visions on these two material groups. Analysis incorporates all the necessary drivers, including (but not limited to): organic tire market growth, changing tire/automotive technologies, HVA products, product differentiation, environment and sustainability.


Continental Rubber Group: World Premiere of Continental's Tire Concept Conti GreenConcept at IAA  Link...

Continental is unveiling its innovative Conti GreenConcept tire concept at this year’s IAA MOBILITY. The concept study uses current and emerging technologies to engineer sustainable PC tires. The goal of Continental’s integrative and sustainable concept is to minimize resource consumption across every link in the tire’s value chain. The resulting tire consists of a particularly high percentage of traceable, renewable, and recycled materials, with an innovative, lightweight design that conserves valuable resources, and extended service life thanks to a renewable tread.

The Conti GreenConcept contains over 50 percent sustainable materials from renewable sources or recycled. Continental defines as “sustainable” all materials that originate from closed-loop cycles, have no harmful effects on people or the environment, and are responsibly sourced as well as climate-neutral across their entire supply chains.

The GreenConcept also consists of 35 percent renewables. Among the bio-materials used are natural rubber from dandelions, silicate from the ash of rice husks and vegetable oils and resins, all leading to a significant reduction in materials based on crude oil.

The GreenConcept also consists of 17 percent recycled materials consisting of reclaimed steel and recovered carbon black, plus polyester from recycled plastic bottles for the tire’s casing. Continental is planning the gradual rollout of its ContiRe.Tex technology as of 2022, thus paving the way for the manufacture of tires using polyester yarn from recycled PET bottles.

The natural rubber used for the Conti GreenConcept tread compound is 100 percent Taraxagum natural rubber. As a special capability, the tire concept can be retreaded multiple times, with a minimal investment in terms of both time and materials. The green-colored tread baseline marks the transition from tread to casing. Undamaged casings can be reused several times. In this way, the valuable raw materials that are built into it can be reused. If a tread is renewed three times, for example, this halves the amount of material used for a casing as seen in terms of its total mileage.


Sumitomo Chemical: Ceasing EPDM Production, Chiba, Japan  Link...

Sumitomo Chemical is discontinuing production of EPDM a its Chiba Works in Japan and will terminate sales of EPDM by the end of March, 2023. The decision is based on Sumitomo Chemical's focus on areas with competitive advantage, the EPDM facility is over 50 years old and requires significant upkeep.


August (2021)

Jiangxi Black Cat Carbon Black: Forming Joint Venture with Anhui Heiyu Pigment New Material Co  Link...

Black Cat is forming a joint venture with Anhui Heiyu Pigment New Material to accelerate development of specialist carbon blacks for the domestic market. On establishment of the JV company Black Cat will purchase Anhui Heiyu assets and move quickly to scale-up speciality carbon black production for the mid-to-high-end speciality carbon black market.


Jiangxi Black Cat Carbon Black: 2021 Q2 Results  Link...

Jiangxi Black Cat Carbon Black: Increasing focus on speciality carbon blacks.

Jiangxi Black Cat Carbon Black is China's biggest producer of furnace carbon black with capacity at just over 1 million metric tonnes. Rubber Chemical Consultants tracks Jiangxi Black Cat for total financial performance as well as performance in furnace black and precipitated silica production. Currency values reported in: Millions of CNY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/22100.51106.789.8
All SegmentsEBIT2021/2223.5-69.6421.4
All SegmentsNet Margin2021/2185.0-65.1384.2


Longxing Chemical Stock: 2021 Q2 Results  Link...

Longxing Chemical Stock (second largest furnace carbon black producer in China) also produces chemicals and precipitated silica. Rubber Chemical Consultants tracks Longxing's furnace black and precipitated silica segments as well as quarterly company results. Currency values reported in: Millions of CNY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/2858.0497.272.6
All SegmentsEBIT2021/253.41.24225.2
All SegmentsNet Margin2021/243.21.43037.4


Yongdong Chemical Industry: 2021 Q2 Results  Link...

Yongdong Chemical Industry is active in coal tar processing and carbon black production. Carbon black production includes reinforcing, conductive and pigment grades of carbon black. Currency values reported in: Millions of CNY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/2952.1571.366.7
All SegmentsEBIT2021/2123.815.6693.2
All SegmentsNet Margin2021/2104.813.2694.7


Orion Engineered Carbons: Building Second Carbon Black Plant in China  Link...

Orion Engineered Carbons has begun construction of its second carbon black plant in China. The new facility is located in Huaibei, Anhui with a capacity of 65 kMTpa and is expected to be operational in 2023. The plant will produce grades for speciality and high-end rubber applications.


Kraton Corporation: Price Increases for CTO Refinery Products and Derivatives  Link...

Kraton Corporation has announced a general price increase of 10 to 15 % across its CTO Refinery products and derivatives. The increase will be effective September 15, 2021, subject to contracts and obligations.


Thai Carbon: 2021 Q1 Results  Link...

Thai Carbon report in one segment: Carbon Black. Currency values reported in: Millions of THB

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/12074.2916.0126.4
Carbon BlackDirect Total2021/11559.0722.0115.9
Carbon BlackEBIT2021/1725.570.0936.4


Jinneng Science & Technology: 2021 Q2 Results  Link...

Jinneng Science & Technology: First phase of new carbon black plant started in Qingdao, Shandong.

Jinneng Science & Technology have an integrated chemical operation including coking, chemical production, coal tar deep processing, carbon black and silica production. RCCL follows Jinneng's full operational results (all segments) and studies individual carbon black and silica segment performance. Currency values reported in: Millions of CNY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/22638.01766.149.4
All SegmentsEBIT2021/2530.5220.4140.7
All SegmentsNet Margin2021/2447.4191.4133.8


Hexpol AB: Develops Firsts TPE with Recycled Content for Automotive Interiors  Link...

Hexpol TPE has expanded its range of TPE materials with recycled content to include Dryflex Circular TPE grades which have been tested for odour and emissions performance in automotive interiors. The material is currently being approved by a German car manufacturer.

The recyclate is from waste streams during post-industrial manufacturing processes, originating from injection moulding sprues or edge trims in extrusions. The recyclates were selected due to their high levels of consistency and purity. With consideration of transportation and energy impacts, the recyclates are sourced in Europe. Dryflex Circular TPEs are produced at HEXPOL TPE’s European sites, which use 100% renewable electricity. The new Dryflex Circular TPEs can be used in various automotive interior applications such as inlay mats, cup holders, sealing lips and HVAC parts.


RCCL News:

Tire Tread Performance Resins and Rubber Process Oils 2021 Report  Link...
tread resins rpos

Rubber Chemical Consultants Ltd (RCCL) a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce that it has published a new report covering tire tread performance resins and rubber process oils. This report covers tire technologies, tire market growth and key drivers for rubber chemical market demand forecasting. Demand is provided for two scenarios based on current and shortterm technology development and longer term tire manufacturer's sustainability visions.

Find out more »


AirBoss Rubber Compounding: Acquiring Ace Elastomer  Link...

AirBoss of America Corp. has agreed to acquire Ace Elastomer, Inc. Ace specialises in coloured rubber compounds which is a key focus area for AirBoss.


Orion Engineered Carbons: Increasing Carbon Black Prices in North America  Link...

Orion Engineered Carbons is increasing the price on all North American Produced carbon black from September 15, 2021 (or as contracts permit). Base prices and environmental surcharges are being increased by 8 cents/lb with service charges, payment terms and volume rebates also being adjusted to reflect higher logistics costs, capital commitments and reliability expectations.


Thai Lube Base PCL: 2021 Q2 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/26358.02869.0121.61
All SegmentsEBITDA2021/21770.0-120.01575.02
All SegmentsNet Margin2021/21386.0-139.01097.13


H&R Group: 2021 Q2 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/2317.1182.473.8
All SegmentsDirect Materials2021/2231.8133.973.1
All SegmentsEBITDA2021/274.45.71202.7
All SegmentsEBIT2021/249.1-6.9813.0
All SegmentsNet Margin2021/233.0-9.1462.0


China Synthetic Rubber Corporation: 2021 Q2 Results  Link...

China Synthetic Rubber Corporation (CSRC) manufacture furnace carbon black, biotech and electronic products. Rubber Chemical Consultants Ltd tracks the Carbon Black segment which accounts for approximately two thirds of CSRC's total sales revenue (2016). Currency values reported in: Millions of TWD

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/24164.41594.3161.2
Carbon BlackEBIT2021/282.4-439.6118.7


Yokohama Rubber: Doubling Capacity of OTR Plant Currently Under Construction in India  Link...

Yokohama Rubber has decided to invest in additional production capacity at the Visakhapatnam Plant currently under construction in India in order to further expand the production capacity of Yokohama Off-Road Tires. An additional investment of US$171 million will increase the new plant’s daily production capacity from the originally planned 55 tons (rubber weight) in the first stage of operations, scheduled to begin in the first quarter of 2023, to 123 tons in the second stage, scheduled to start in the first quarter of 2024.


Tokai Group: 2021 Q2 Results  Link...

Tokai Carbon Co Ltd operates in five reporting segments one of which is carbon black. Tokai carbon produce carbon black in Japan, Thailand and China. Tokai acquired Cancarb (which produces thermal carbon black) in 2014 and also acquired Sid Richardson (a furnace carbon black manufacturer with three US production facilities) mid 2018. RCCL tracks Tokai's carbon black segment. Currency values reported in: Millions of JPY

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/224669.011600.0112.71
Carbon BlackEBIT2021/22546.0-1633.0255.9


Cabot Corporation: 2021 Q3 Results  Link...

Cabot Corporation: Strong rubber and speciality volumes expected to continue. Higher feedstock differentials expected in Q4 to be recovered in 2022 Q1.

Cabot Corporation operate in four segments: Reinforcement Materials, Performance Chemicals, Purification Solutions and Speciality Fluids. RCCL tracks performance in the Reinforcement Materials (rubber carbon blacks) and Performance Chemicals (specialist carbon blacks, plastic compounds, metal oxides). EBIT/EBITDA figures for carbon black in the performance chemical segment use RCCL estimates. RCCL also estimates performance for total carbon black based on annual results. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/3687.0348.097.41
Carbon BlackEBIT2021/3122.19.41197.1
Rubber BlackSales Revenue2021/3479.0197.0143.1
Rubber BlackEBITDA2021/3102.012.0750.0
Rubber BlackEBIT2021/385.0-5.01800.02
Specialist BlackSales Revenue2021/3208.0151.037.73
Specialist BlackEBITDA2021/349.424.7100.0
Specialist BlackEBIT2021/337.114.4157.2


SI Group: Resole Capacity Expansions in USA and India  Link...

SI Group is increasing resole production capacity at its Rotterdam Junction, New York and Lote, India production faciities. The goal of this capacity expansion of more than 25% is to propel the sites to become two of the world’s leading resole production and technology locations.


Orion Engineered Carbons USD: 2021 Q2 Results  Link...

Orion Engineered Carbons: Speciality volumes up 37.6% YoY, Rubber volumes up 69.9% YoY. Speciality mix improving. Advancing sustainbility product strategy enabling circular, renewable carbon black.

Orion Engineered Carbons manufactures furnace carbon black as well as thermal, gas, lampblack and acetylene blacks and is the third largest carbon black producer on a global basis. Orion reports results in two segments: Specialist and Rubber. Rubber Chemical Consultants tracks the two segments as well as the overall company results. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/2360.1202.677.7
Carbon BlackadjEBITDA2021/270.915.2365.0
Carbon BlackSales Vol MT2021/2254100.0156900.062.0
Rubber BlackSales Revenue2021/2215.9108.399.4
Rubber BlackadjEBITDA2021/231.2-1.22697.6
Rubber BlackSales Vol MT2021/2182700.0107500.070.0
Specialist BlackSales Revenue2021/2144.294.452.7
Specialist BlackadjEBITDA2021/239.716.5140.5
Specialist BlackSales Vol MT2021/271400.049500.044.2


Evonik Industries: 2021 Q2 Results  Link...

Evonik Industries: Continuing recovery in the automotive sector benefitting silica for tires.

Evonik currently reports in four segments. The silica and silane activities reside in the Smart Materials segment. Rubber Chemical Consultants tracks the Resource Efficiency segment. Note: Prior year values are unadjusted values for the given period. Currency values reported in: Millions of EUR

SegmentParameterPeriod20212020YoY, %Notes
Smart MaterialsSales Revenue2021/2975.0722.035.01
Smart MaterialsadjEBITDA2021/2176.0102.072.5
Smart MaterialsadjEBIT2021/2111.034.0226.5


Kumho Petrochemical Company: Producing Eco-Friendly Rubber Composite Using Rice Bran Extract  Link...

Kumho Petrochemical Co has started producing eco-friendly synthetic rubber composites using biosilica as a result of cooperative projects with domestic and foreign partners.

The new silica is made from rice bran (rice husk) extract. Its natural silica content, comprising more than 90% of the carbonized rice bran in ash, is converted into sodium silicate, which is then processed into biosilica that can be used in petrochemical products. The silica previously used was based on quartz grains, which consume significant energy in the process of collecting and processing silica sand. However, the process of using rice bran is highly energy-efficient and can reduce carbon dioxide emissions by up to 70% compared to the existing method.

The eco-friendly synthetic rubber composites being developed by Kumho Petrochemical are high-performance materials that maximise the dispersion properties of biosilica and SSBR for use by major domestic and foreign tire and shoe manufacturers. In view of the the biosilica business’s growth potential, Kumho Petrochemical will increase the production capacity of SSBR, the key material for the concerned business and one of the company’s flagship products, from the current 63,000 t to 123,000 t, doubling by the end of 2022.


Kolon Industries: 2021 Q2 Results  Link...

Kolon Industries reports operations in five segments. The Chemical Segment contains the company's hydrocarbon resin activities, where tire resins are a minor component. Rubber Chemical Consultants tracks the company results and the Chemical Segment results. Currency values reported in: Millions of KRW

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/21184000.0942000.025.7
All SegmentsEBIT2021/2104000.037000.0181.1
All SegmentsNet Margin2021/278000.017000.0358.8
ChemicalsSales Revenue2021/2217000.0169000.028.4
ChemicalsEBIT2021/223000.021000.09.51


Rutgers: Rain Carbon Opens State-of-the-Art Rubber Lab in Duisburg, Germany  Link...

Rain Carbon Inc. has opened a state-of-the-art rubber lab at its production facility in Duisburg, Germany. The $1.3 million lab comprises a complete processing line with a highly sophisticated lab station for internal mixing, and concluding with complete analysis employing cutting-edge rubber-process and dynamic-mechanical analyzers. Rain Carbon produces approximately 10,000 tons of performance resins annually for the rubber industry, targeted at improving grip and reducing rolling resistance in tire compounds, as well as enhancing the mechanical dynamic properties of technical rubber articles.


Arakawa Chemical Industries: 2021 Q1 Results  Link...

Arakawa Chemical Industries reports in four segments. Rubber Chemical Consultants tracks results for all segments as well as those for the Adhesive segment which contains products for the tire and rubber industry. Note: Arakawa's FY is April to March. Segment reporting changed in 2021 - Adhesives now includes Biomass. Currency values reported in: Millions of JPY

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/119642.015977.022.9
All SegmentsEBITDA2021/12421.01505.060.9
All SegmentsEBIT2021/11703.0800.0112.9
All SegmentsNet Margin2021/11271.0513.0147.8
AdhesivesSales Revenue2021/17871.05685.038.51
AdhesivesEBIT2021/1507.0290.074.8


Danfoss: Formally Completes US$3.3 Billion Acquistion of Eaton's Hydraulics Business  Link...

Danfoss has officially finalized its US$3.3 billion (approximately €3 billion) acquisition of Eaton’s hydraulics business following confirmation of all necessary regulatory approvals and closing conditions. The move will see the Danfoss Group grow in size by a third and establish itself as a global leader in mobile and industrial hydraulics.

Eaton’s hydraulics business will be combined with the Danfoss Power Solutions business segment.


Trelleborg A.B.: Divests Czech Technical Rubber Products Operation  Link...

Trelleborg has signed an agreement to divest its Czech technical rubber products operation based in Nachod to a Czech investment group. The operation develops and manufactures a broad range of engineered polymer products, such as V-belts, specialty molded components for general industry, and inflatable rubber dams for infrastructure. It also undertakes rubber compounding activities and manufactures bicycle tires and tubes.


Bridgestone: Restructuring Diversified Products at Iwata Plant  Link...

Bridgestone is restructuring its production activities at its Iwata, diversified product plant in Japan. The initiative is a part of the company’s global expense and cost structure review established in the Mid Term Business Plan (2021-23).

Production of precision components is being moved to Kaiping, China and Manila, Philippines. AV production is to continue at the plant under management of Bridgestone Elastech Co in Jan 2022. Pipe fitting system production will start at the plant being transferred from the Saitama plant scheduled for 2H 2022.


Eastman: 2021 Q2 Results  Link...

Eastman: Strong demand recovery for AFP with 23% volume growth and 9% increase in selling prices due to raw material costs. Eastman has entered into a definitive agreement with an affiliate of One Rock Capital Partners to sell products and related assests of its tire additives business including Crystex™ insoluble sulfur and Santoflex™ antidegradants. The sale does not include Impera™ and other performance resins product lines. Revenue for the tire additives product line represented 14 percent of Additives & Functional Products segment revenue in 2020.

Eastman operate in four reporting segments. Rubber Chemical Consultants tracks Eastman's Additives & Functional Products (AFP) segment which contains tire related materials (resins, antidegradants and sulphur) and also tracks the company results. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/22653.01924.037.9
All SegmentsadjEBIT2021/2454.0195.0132.8
All SegmentsEBIT2021/2-56.054.0-203.71
All SegmentsNet Margin2021/2-144.030.0-580.0
Additives Functional ProductsSales Revenue2021/2925.0685.035.02
Additives Functional ProductsadjEBIT2021/2132.072.083.3
Additives Functional ProductsEBIT2021/2-368.0-56.0-557.13


July (2021)

Solvay: 2019 Q4 Results  Link...

Solvay: Silica sales growth due to strong demand for replacement tires and market share gains for higher speciality grades. Sales significantly ahead of 2019 levels.

Solvay changed their reporting segments at the end of 2019. The new Chemicals segment now includes precipitated silica (along with soda ash and derivatives, peroxides and coatis), silica was previously in the Advanced Materials segment. Rubber Chemical Consultants track the Chemicals segment which includes Solvay's precipitated silica operations. Currency values reported in: Millions of EUR

SegmentParameterPeriod20192018YoY, %Notes
Advanced MaterialsSales Revenue2019/41069.01093.0-2.21
Advanced MaterialsadjEBITDA2019/4252.0275.0-8.4
Advanced MaterialsadjEBIT2019/4161.0191.0-15.7


Kraton Corporation: 2021 Q2 Results  Link...

Kraton Corporation: Strong recovery in Chemical segment with Tires giving a 108% volume increase YoY.

Kraton Performance Polymers Inc manufacture styrenic block copolymers and other engineered polymers. Kraton acquired Arizona Chemical in January 2016. Arizona Chemical manufacture pine and hydrocarbon based resin products. Rubber Chemical Consultants tracks Kraton's reporting segment for Chemicals which covers the Arizona Chemical business activities including specialised resins for tire applications. Currency values reported in: Millions of USD

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/2215.2151.841.7
All SegmentsEBITDA2021/241.014.7178.2
All SegmentsadjEBITDA2021/235.515.7126.2
All SegmentsEBIT2021/222.0-3.9660.6
All SegmentsTire Segment Sales2021/214.76.0145.31
All SegmentsSales Vol MT2021/2115300.087100.032.4


Jiangxi Black Cat Carbon Black: Expanding Chaoyang Plant  Link...

Black Cat Carbon Black are adding a 40 kMTpa tread line at their Chaoyang plant. This capacity and location is required to meet increasing tire demand in the region and to meet emission restrictions in the Beijing area.


Yokohama Rubber: Reduces Weight of Air-Conditioning Hose with Rubber-Resin Polymer Alloy  Link...

Yokohama Rubber has developed a rubber-resin alloy allowing weight reduction in automotive air-conditioning hoses. Full commercial market launch is expected in 2024.

The new alloy combines the flexibility and heat resistance of rubber with high gas barrier properties of resin allowing a 50% weight reduction. Hoses made from the alloy do not require a vulcanisation process saving energy.


OCSiAL: Daikin Invests in OCSiAl to Accelerate EV Li Ion Battery Materials Development  Link...

Daikin Industries, Ltd recently invested in OCSiAl S.A, the world’s largest manufacturer of single wall carbon nanotubes. Daikin Chemicals division has been collaborating with OCSiAl to develop applications in the fluorochemical business for lithium-ion battery materials as well as composite materials.


Phillips Carbon Black Ltd: 2021 Q1 Results  Link...

Phillips Carbon Black Ltd: Domestic volumes down due to regional lockdowns, increased volumes for international markets. Robust recovery from tyre manufacturers post easing of regional lockdowns.

Phillips Carbon Black Ltd (PCBL) produce furnace carbon black and also cogenerate electricity using the waste gas from the carbon black process. PCBL report in two segments: Carbon Black and Power, the Power segment sells back to the Carbon Black segment as well as supplying surplus electricity for external sale. All quarterly results are unaudited. Results are reported based for the period in question with no currency adjustments between reporting periods. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
Carbon BlackSales Revenue2021/19878.13500.7182.2
Carbon BlackEBIT2021/11800.9358.5402.3
Carbon BlackSales Vol MT2021/1109424.051316.0113.2


Thomas Swan: New Venture - Black Swan Graphene for Bulk Graphene Production  Link...

Thomas Swan has completed a joint venture transaction with Canadian-based Mason Graphite Inc. to launch a new company, Black Swan Graphene (BSG), that aims to establish a large-scale commercial production facility in Québec, Canada.


Atul Ltd: 2021 Q1 Results  Link...

Atul Ltd a diversified chemical manufacturer with manufacturing operations in India reports results in two operating segments: Life Sciences and Performance Chemicals. Rubber Chemical Consultants tracks the Performance Chemical segment which contains rubber resins and related products (resorcinol and resorcinol formaldehyde) as well as the company results covering all segments. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/110802.06605.663.5
All SegmentsEBIT2021/12224.71664.633.6
All SegmentsNet Margin2021/11651.51179.440.0
Performance ChemicalsSales Revenue2021/17535.14204.979.2
Performance ChemicalsEBIT2021/11563.3855.582.7


Orion Engineered Carbons: Partnering with RISE to Produce Renewable Carbon Black at Commercial Scale  Link...

Orion Engineered Carbons has partnered with RISE (Research Institute of Sweden) in a project looking to replace traditional feedstocks with pyrolysis oil from biomass to develop and produce renewable carbon black.

Orion plans to convert the biomass oil into carbon black using its small-scale furnace reactor in Kalscheuren, Germany and will explore ways to upscale the process to match market demands. Additionally, using a pilot-scale reactor at its site in Piteå, Sweden, RISE will evaluate the use of electrofuels, such as plasma or hydrogen from electrolysis, as sustainable heat sources for the carbon black process.


Mangalam Organics Limited: 2021 Q1 Results  Link...

Mangalam produces synthetic resins and terpene derived chemicals. For 2016 approximately 10% of revenue was derived from synthetic resins. In June 2015 a fire in the synthetic resin operation stopped production, the company has subsequently restarted production for a more limited selection of high margin products. Mangalam report for the combined segments and RCCL tracks this information. Currency values reported in: Millions of INR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/11057.1486.9117.1
All SegmentsEBIT2021/1202.7107.988.0
All SegmentsNet Margin2021/1149.978.391.5


Carlton Forest Group: Starting Operations at UK's First Continuous Tire Pyrolysis Plant  Link...

Carlton Forest Group has invested over £5m since 2018 developing a pyrolysis plant which converts ELTs into oil and carbon char. The group secured a patent on its globally unique designs in December 2020 and commenced manufacture of a full commercial scale plant in March 2021 – operations will start in November 2021.

Each module recovers 4,000,000 litres of oil and 2,500 tonnes of carbon char from approximately 1,800,000 million tyres. The oil can be directly blended with RMG380/3.5% and RMG180/1.5% specifications. The carbon char provides a green alternate to coal and coke.


Goodyear: Airless Tire for City Autonomous Vehicle Transportation  Link...

Goodyear has developed an airless tire and wheel assembly to support autonomous vehicle transportation in a city setting for in-field use with the Jacksonville Transportation Authority (JTA).

For the past three years, Goodyear and Local Motors have tested an Olli shuttle supported by the airless tire assembly at Goodyear testing facilities and other locations reaching several performance targets with respect to load, speed and durability. Goodyear and Local Motors will gather experiential data from the JTA, looking for viewpoints on ride comfort, noise and other variables.


Shin-Etsu: Silicone Division Strengthening Carbon Neutrality Initiatives  Link...

Shin-Etsu Chemical's Silicone Division is strengthening its initiative to contribute to carbon neutrality by investing in its manufacturing process and its customers environmentally friendly products and processes.

The Division’s main manufacturing plant, the Gunma Complex, we will reduce greenhouse gas emission volume by 14% compare to that of the present time by further increasing the degree of self-sufficiency in electric power consumption. The investment amount is for a total of ¥10 billion.

The division will strengthen supply capacity of products that contribute to the environment. These include modified silicone fluids, silicone rubber for molding, and heat-dissipation thermal interface silicone materials. The investment amount is for a total of ¥10 billion, and it will be implemented at the Gunma Complex.


Continental Rubber Group: Testing Tire Prototypes for E-Trucks  Link...

The premium tire manufacturer is currently performing test drives at the Contidrom with an electric truck of the specialist for electric commercial vehicles Futuricum, which has been in use for DPD Switzerland in regional traffic since March of this year. The Futuricum vehicle is based on a Volvo FH, which has been converted to an electric drive by the Futuricum parent company Designwerk Products AG. The 19-ton truck has 680 hp and, with a capacity of 680 kilowatt hours, has the largest truck battery in Europe on board. This allows a range of up to 760 kilometers without freight.

The current test series are about increasing efficiency even further. The focus is in particular on extending the range by reducing rolling resistance. In addition to the original tires, the Conti EfficientPro and brand-new prototypes are used in direct comparison. The Conti EfficientPro is a proven product that was developed in particular for long-distance transportation and emphasizes fuel efficiency. The specially manufactured prototypes were manufactured in Hanover-Stöcken, at the central location of research and development for premium tires from Continental, in an elaborate robot carving process and refined by experienced tire carvers.


RCCL News:

Tire Brand Analysis 2021 - Now Incorporating Patent Activity  Link...

Rubber Chemical Consultants Ltd (RCCL) continues to upgrade its proprietary Tire Brand Analysis Tool linking brands with technologies and incorporating patent analysis in its 2021 version. This tool is one part of RCCL's global tire and rubber chemical market intelligence system allowing us to capitalise on intensive research and analysis for the benefit of our clients.


Bridgestone: Expanding Plant in Bahia, Brazil  Link...

Bridgestone Brazil is making a new investment in its Camaçari plant in Bahia, Brazil. The investment of approximately 139 million USD is for modernisation and expansion (+20%) of the plant with a focus on high-tech and premium tires.

The plant expansion and modernization project includes an increase in annual production from 3.5 million to 4.3 million tires, with new manufacturing technologies and the increasing application of Industry 4.0 concepts. The plant is gearing up for the growing demand for eco-friendly electric/hybrid vehicles and associated tire requirements.


Orion Engineered Carbons: Increasing EMEA Rubber Carbon Black Prices  Link...

Orion Engineered Carbons is increasing prices on all rubber carbon black products sold in the EMEA region effective August 1, 2021 or as contracts allow. Prices are increasing by an average of 110 Euro/MT to cover rising operating, logistics and environmental costs.


June (2021)

Celanese Corporation: Acquiring ExxonMobil's Santoprene™ TPV Elastomers Business  Link...

Celanese Corporation has signed a definitive agreement to acquire the Santoprene™ TPV elastomers business of Exxon Mobil Corporation. Celanese will acquire the Santoprene™ brand as part of a comprehensive TPV product portfolio, along with intellectual property, production and commercial assets, and a world-class organization.

ExxonMobil's Santoprene™ business is a leading global producer of TPV serving the automotive, construction, appliance, medical and industrial sectors amongst others. The Santoprene™ portfolio is highly functionalized to specific application requirements and is supported by industry-leading intellectual property


Minnesota Rubber & Plastics: Acquires Pawling Engineered Products  Link...

Minnesota Rubber and Plastics has acquired Pawling Engineered Products.

Pawling is a custom elastomeric inflatable seal and extruded solutions provider based in New York state.


HDT Automotive Solutions LLC: Acquiring Veritas AG  Link...

HDT Automotive Solutions LLC has agreed to acquire Veritas AG with the transaction expected to close Q4 2021 subject to conditions.

The acquisition doubles HDT's size creating a global leader in fluid handling systems with revenue approaching $1B. The deal also advances HDT’s innovative material science and connection expertise across rubber, plastic and metal fluid carrying devices for diverse automotive uses.

Veritas AG employs around 4,400 people worldwide at 12 locations in Europe, China and the USMCA region. Customers include global automakers such as Volkswagen Group, BMW Group, Daimler, Ford and General Motors, as well as many top suppliers.


Kuraray Co: Increasing Global Pricing for Isoprene Chemical Derivatives  Link...

Kuraray is increasing the prices of Isoprene Chemicals derivatives products for shipments commencing July 1, 2021. The increase affects all products for domestic and export shipments, with increases between 10 and 30%. The price increase is due to increasing production costs, raw materials and transportataion costs.


Orion Engineered Carbons: Launching Renewable Carbon Black for the Tire Industry  Link...

Orion Engineered Carbons has launched ECORAX® Nature, a new family of products for rubber applications using industrial grade, plant-based oils as a feedstock. ECORAX® Nature 100 is the first highly reinforcing carbon black grade made from renewable feedstocks which can be used in tire tread construction. The product is currently being tested by customers and will go into high volume manufacturing in the second half of 2022.


Bridgestone: Invests in Kodiak Robotics Autonomous Long-Haul Trucking Technology  Link...

Bridgestone has made a minority investment in Kodiak Robotics, a US based self-driving trucking company. The partnership allows Bridgestone to integrate its smart-sensing tire technologies and fleet solutions into Kodiak’s level 4 autonomous trucks. The companies will also pilot future autonomous and smart tire technologies to further enhance vehicle intelligence and advance toward a safer, more efficient, and more sustainable mobility future.

Kodiak moves freight autonomously for its customers using its fleet of level 4 self-driving long-haul trucks in the state of Texas with a safety driver on board. With plans to deploy driverless trucks in the next few years, full vehicle intelligence is a major key to unlocking safe, efficient and sustainable autonomy for Kodiak and its customers.


Goodyear: Tire Intelligence Technology 'Goodyear SightLine' for Cargo Van Fleets  Link...

Goodyear have announced the first tire intelligence solution for cargo van fleets, Goodyear SightLine. This will help enable seamless, safe and reliable mobility for all vehicles starting with cargo vans serving the field service, construction and last-mile delivery industries. Initially available in North America and Europe, Goodyear SightLine uses sensors with cloud-based algorithms to communicate with fleet operators in real-time. Goodyear’s proprietary predictive maintenance technologies can help to address many challenges facing drivers and fleet managers today, including predicting breakdowns, minimizing downtime and monitoring tire pressure and wear for enhanced safety and more cost-efficient mobility.


Bridgestone: Selling Chinese Synthetic Rubber Business to LCY Chemical Corporation  Link...

Progressing with its Mid Term Business Plan (2021-23), Bridgestone is selling its shares of stock in Bridgestone (Huizhou) Synthetic Rubber Co to LCY Chemical Corporation. This moves Bridgestone away from vertical integration but enables leverage of synergy with LCY with its materials expertise.


Semperit AG Holdings: New Manufacturing Plant & North American HQ in Newnan, Georgia  Link...

The Semperit Group is opening a new US manufacturing plant for rubber gaskets this autumn and is relocating it current North American HQ and distribution centre to Newnan, Georgia. The move is in support of expected growth in the North American infrastructure and construction sectors.

The plant and HQ, scheduled to open November 1, 2021, will include administrative space, production lines for building façade seals, window gaskets, road and bridge expansion joints among other sealing components, as well as increased warehousing and distribution capabilities for the entire sealant and conveyor belting portfolio.


Toyoda Gosei Co., Ltd: Sample Shipments of e-Rubber Smart Insoles  Link...

Toyoda Gosei has developed Smart Insoles with embedded e-Rubber sensors that can obtain foot pressure data during movement. Samples have been shippped to a golf school operated by Mizuno Corporation in June 2021.

Smart Insoles are light and durable, and can detect and measure subtle changes in foot pressure with high accuracy by taking advantage of the feature of e-Rubber as a thin, flexible sensor.


Eastman: Selling Tire Additives Business Product Lines  Link...

Eastman has entered into a definitive agreement with an affiliate of One Rock Capital Partners to sell certain rubber addtives of its Additives & Functional Products (AFP) segment. The sale includes Crystex™ insoluble sulfur and Santoflex™ antidegradants and other related assets and technology of the AFP segment. The sale does not include performance resin product lines of the tire additives business.


Goodyear: Completes Acquisition of Cooper  Link...

Goodyear has completed its acquisition of Cooper Tire & Rubber Company. Goodyear plans to integrate the companies complementary business models in order to benefit its shareholders, customers, consumers and employees


RCCL Industry Analysis:

Analysis Snippet: Goodyear Acquisition of Cooper

Goodyear and Cooper are actively adjusting production capacities and product mix. These factors are incorporated into the total nameplate compound capacity requirements (shown below) for the two companies just before the acquisition and for Goodyear post acquisition. Market adjusted capacities, splits by product type and other detailed analysis by region, manufacturer and year are available by request.



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Birla Carbon: Price Increases for Americas  Link...

Birla Carbon is increasing prices for all products produced in the Americas by 170 USD/MT effective July 1st 2021.


Datwyler Holding Inc: Expanding Production Capacities for Healthcare and Food & Beverage Businesses  Link...

Datwyler is expanding production capacities for Healthcare and Food & Beverage businesses due to encouraging order intake and customer demands.

In 2021 the company expects to invest around CHF 125 million plus CHF 80 million at its Swiss plant between 2020 and 2022.

Healthcare: Datwyler supports leading vaccine manufacturers in the supply of Covid-19 vaccines. Among others, it supplies BioNTech and the Serum Institute of India with system-critical elastomer components for sealing the vaccine vials. To avoid capacity shortages, Datwyler plans to invest CHF 75 million to CHF 85 million over the course of 2021 in additional production equipment at the existing seven healthcare plants on three continents and in the second production plant at the existing site in India.

Food & Beverage: A new ten-year contract with Nespresso and the supply of a new customer are leading to continuously growing revenue and orders for coffee capsules. To accommodate the projected volumes, Datwyler expects to invest some CHF 30 million in new production facilities at its Swiss plant in Schattdorf during 2021. In the three years from 2020 to 2022, Datwyler will invest at least CHF 80 million in expanding production capacities and in automating the Swiss plant.


Cabot Corporation: Raising Rubber Carbon Black Prices in EMEA  Link...

Cabot Corporation is increasing prices for all carbon black products sold by its Reinforcing Materials segment in EMEA effective July 1 or as contracts allow. Prices will increase by 115 Euro/MT in addition to index-related adjustments. Cabot state the price increases are necessary to cover rising manufacturing costs related to quality, regulations, environmental compliance, packaging and logistics.


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