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Tire & Rubber Chemical Industry News

Rubber Chemical Consultants Ltd (RCCL) tracks rubber chemical industry movements and market trends using a wide range of industry sources. The news items below represent a small subset of the information used for market analysis. 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. Please use the number at the top of this page to contact us with your bespoke market analysis requirements.

Industry News

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October (2019)

Michelin: Closing La Roche-Sur-Yon Site in France  Link...

Michelin has announced plans to close the La Roche-Sur-Yon truck tire plant by the end of 2020. A recent 70 million euro investment in the site did not translate into expected results, this was due to structural transformation of the premium truck tire market in Europe and internationally. The European market is characterised by no growth, intense competition and an increasing entry level brand segment.


Penn Color: Expands Facilities in The Netherlands  Link...

Penn Color has completed the expanson of its Venray, Netherlands plant. Production capabilities have been added for highly concentrated PVC and engineering plastics color and additive masterbatches.


Arlanxeo: Completes CR Polymer Plant Turnaround and Continues Modernisation of NBR FActility  Link...

ARLANXEO has completed the turnaround of its CR plant in Dormagen, Germany. This allows the plant to produce up to 70 kMTpa including increased manufacturing flexibility and speciality products.

Modernisation of the NBR plant in La Wantzenau, France is progressing well.


RCCL News:

October 2019 Newsletter (Issue 16) Now Available  Link...

Rubber Chemical Consultants Ltd, a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce the issue of its October 2019 quarterly newsletter.

This edition focuses on analysis of the MRG market segment, with excerpts from RCCL’s white paper discussing the requirements for analysing this diverse segment.

Other content includes industry changes plus compounding volumes and transitions for the tire, rubber goods and plastics segments.

This newsletter is free to subscribers with an official company email.

rubber chemical consultants Oct 2019 newsletter

Trinseo S.A.: Building New TPE Pilot Factility in Hsinchu, Taiwan  Link...

Trinseo is planning a Thermoplastic Elastomers (TPE) pilot facility in Hsinchu, Taiwan. The facility will be built at its existing Hsinchu site with operation planned in 2020. Once the new pilot line in Hsinchu is operational, Trinseo will produce its custom engineered TPE and thermoplastic urethanes (TPU), including its leading bioplastics portfolio


Wacker Chemie AG: Launches Production of Pyrogenic Silica at Charleston, USA Plant  Link...

Wacker has launched the production of pyrogenic silica at its Charletson, TN plant. The capacity stands at 13 kMTpa. Highly dispersible pyrogenic silica is an important formulation component for manufacturing silicone rubber.


Green Distilation Technologies: $50 Million Deal to Establish Tire Recycling Plants in South Africa  Link...

Australian based Green Distillation Technologies has signed an agreement worth up to $50 million fo establish five tyre recycling plants in South Africa. Volco Power Pty Ltd plans to build the plants in five of South Africa’s nine provinces depending on the volume of tyres available. The GDT plants will consist of six tyre processing modules and will process approximately 700,000 old tyres per year into eight million litres of oil, 7700 tonnes of rCB and 2000 tonnes of steel.


Nokian Tires: Celebrates Opening of Its First US Factory  Link...

Nokian Tyres celebrated the opening of its North American factory in Dayton, Tennessee. The factory is currently in the trial production stage and will be ready to make tires for commercial use in early 2020. The eco-friendly facility will build a robust mix of all-season and all-weather products to meet consumer needs and fill rising demand for its products.


Bridgestone: Firestone Industrial Products Expands Operations in Europe  Link...

Firestone Industrial Products Company (FSIP) is making a significant investment to expand the company’s operations in Central Europe. FSIP is expanding its Wolsztyn, Poland plant where the company manufacturers air suspension systems for commercial and passenger vehicles.

The expanded plant will be equiped with new, innovative machinery and equipment and an ISO class 8 cleanroom, enabling the company to supply well-known European automotive OEMs. The new facitliy will be operational by the second half of 2020.


September (2019)

Steelastic: Introduces Calenderless Manufacturing Cell  Link...

Steelastic has built a calenderless manufacturing cell in its Akron facility. This will enable tire manufacturers to test run their own materials to produce the full range of tire reinforcement components.

Steelastic's extrusion-based manufacturing process for belt, breaker, body ply, cap and inner liner eliminates the need for expensive and inflexible calendering and off-line processing equipment.


Michelin: Announces Decision to Close Bamberg Site, Germany  Link...

The Michelin Group has decided to cease activities at its Bamberg site in Germany by early 2021. The site mainly manufacturers premium 16 inch PC tires, a market segment seeing sharp decline in global demand as well as strong competition from Asian manufacturers.


Continental Rubber Group: Enhancing Long-term Competitiveness  Link...

Continental have released details of their Strategy 2030 and Transformation 2019-2029 structural program.

The plan is looking for a reduction in gross costs of around €500 million annually from 2023 as well as changes in up to 20 thousand jobs worldwide with simultaneous expansion of growth areas.

Changes directly affecting the rubber segments include the planned cessation of truck tire production in Petaling Jaya, Malaysia by end of 2019.

The tire business is included as one of the company's key growth areas where it is promoting organic growth with the goal of becoming one of the top three suppliers worldwide.

Expanding business with industrial customers and end customers beyond original equipment is also a goal where they are targetting a transition from 30 to 40% of replacement market share. This covers conveyor belts, hoses, spare tires and auto spare parts in the agricultural, railway, mining and construction industries. The aim being to reduce dependency on automobile manufacturers which is subject to cyclical economic trends.

Further projects will be announced as the structural program progresses. These include certain projects that have already been defined and are related to other strategic options such as the possible sale of individual business segments and subsegments.


Michelin: Upgrades Bad Kreuznach Plant for SUV Tire Production  Link...

Michelin has completed the upgrade of the Bad Kreuzhach plant in Germany. A new high tech SUV production line for 18 and 19 inch rim diameters has replaced an older line which produced lower (14 and 15 inch) rim size tires.


Americhem Inc: Ground Breaking for Expansion at Morrisville, PA Plant  Link...

Americhem is starting the expansion of their Morrisville, PA plant on 2nd October 2019. The expansion will include and isolated clean compounding room that will house up to six new compounding lines. The new facility will allow Americhem Engineered Compounds unique capabilities to produce compounds meeting the most stringent medical device requirements.


Cabot Corporation: Announces Grand Opening of Wuhai Fumed Silica Plant  Link...

Cabot Corporation announced the opening of its newest fumed silica manufacturing facility in Wuhai, Inner Mongolia, China. The state-of-the-art plant has a capacity of approximately 8 kMTpa which will primarily serve the rapidly growing market in China.

The project is a joint venture with Inner Mongolia Hengyecheng Silicone Co., Ltd. Cabot owns 80% of the equity.


Lyondellbassell: Adds New Production at Knapsack Creating World's Largest Polypropylene Compounding Facility  Link...

LyondellBassell has started up a fifth production line at its Knapsack, Germany site. Total annual production capacity for the site is now more than 200 kMTpa with then new line adding 25 kMTpa.


PolyOne Corporation: Announce Availability of OnColor™ RC Environmetal Black  Link...

PolyOne have announced the availability of a new black colour concentrate made from Bolder Black®, a reclaimed carbon black made from end-of-life tires. When used in place of traditional carbon black, OnColor RC Environmental Black maintains expected performance levels in plastics. It passes REACH and RoHS requirements and is available for use in multiple resins across a variety of industries and applications, such as automotive, appliances, electronics, and office furniture.


HÜBNER Group: Expanding Hungarian Operations  Link...

HÜBNER group has completed construction of a fourth production hall at its Hungarian location. The location produces gangway and door sealing systems for buses and trains.


Hutchinson S.A.: Acquires PFW Aerospace  Link...

Hutchinson has reached an agreement with Airbus SE and Safeguard to acquire Speyer, Germany-based PFW Aerospace GmbH

PFW Aeorspace manufactures tubes, ducts and structural assemblies for aircraft supplying mainly to Airbus and Boeing.


Petronas: Completes Acquisition of Da Vinci Group B.V.  Link...

Petronas Chemicals Group has acquired the Da Vinci Group, a holding company for BRB International BV. Da Vinci's operations include manufacture of silicones, lube oil additives and chemicals. The BRB silicones business include production of speciality silicones including emulsions, antifoams, water replleants, elastomers, lubricants, silanes, resins and silicone polyethers.


Hankook: Postpones Rácalmás, Hungary TBR Plant Expansion   Link...

Hankook tire has reportedly postponed the planned investment at its Rácalmás, Hungary plant.


DRT: Making Two Large-Scale Investments in France  Link...

DRT is planning to build a new terpene phenolic plant at its Lesperon site in France. This site will compliment the current site in Vielle-Saint-Girons, France. DRT's total capacity for terpene phenolic resins will increase by more than 50%. The new plant is scheduled for competion by end 2020.

A new hydrogenated rosin plant will also be built in Vielle-Saint-Girons. This will produce products with the highest degree of hydrogenation available thereby securing current and future market requirements. The plant is expected to be completed in the first half of 2021.


SIKA Group: Acquires Crevo-Hengxin, China  Link...

Sika has agreed to acquire Crevo-Hengxin, a Chinese manufacturer of silicone sealants and adhesives used in industry and construction applications. Crevo-Hengxin is located in Changshu, 50 km north of Suzhou.

Crevo-Hengxin is a family-owned manufacturer of a broad range of silicone products used for facades, fenestration, insulated glass, interior finishing and other sealing and bonding applications. In addition, the company holds a leading position as supplier of silicones for the growing solar industry.


RCCL News:

Furnace Carbon Black Market Pricing August 2019  Link...
furnace carbon black market pricing aug 2019

Rubber Chemical Consultants Ltd (RCCL) a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce the issue of a new cutting edge rubber chemical industry analysis report.

Furnace carbon black is one of RCCL’s core competencies being able to draw upon 30+ years of industry and market experience in this area. On-going consultancy work with furnace carbon black manufacturers and end users ensures information is up to date and relevant.

The report covers market pricing drivers for China, Europe and NAFTA with detailed analysis for each region. This report is a must for those wishing to benchmark performance, analyse opportunities or understand potential threats. This second edition has been upgraded to include short term market analysis as well as regional weighted average grade pricing. This report provides realistic analysis of furnace carbon black market pricing, other report offerings fall way short in their accuracy and understanding.

RCCL provides client support for purchasers of this report as well as discounted rates for additional furnace carbon black industry analysis.


JSR Corporation: Launches New SBR with Improved Strength, Wear Resistance and Durability  Link...

JSR Corporation has developed and launched a new styrene-butadiene rubber (SBR) with siginifcantly improved strength, wear resistance and durability.

The new material combines JSR's unique molecular design technology with hydrogenation technology to optimise the number of double bonds and increase the entanglements between rubber molecules. The net result is improved stress distribution with the strength improved by a factor of about 2.

Tires using the new SBR have been shown to improve wear resistance by more than 50% while maintaining low fuel consumption and grip. An additional benefit of the hydrogenation technology is improved performance over time due to reduced deterioration of performance.


BKT: Carbon Black Production to Achieve 100% Capacity by 2021  Link...

BKT's new carbon black plant has ramped up to 80 kMTpa production capacity with the intention to achieve 130 kMTpa by 2021.


August (2019)

BASF: DIC to Acquire BASF's Global Pigments Business  Link...

BASF and DIC have reached an agreement on the acquistion of BASF's global pigment business. The transaction is due to close Q4 2020. BASF’s pigments business with around 2,600 employees globally generated sales of approximately €1 billion in 2018.

DIC is active in three segments: Packaging & Graphics, Functional Products and Color & Display. Color & Display includes a portfolio of pigments. The acquistion of BASF's pigment portfolio will help DIC achieve its growth goals and position asa one of the leading pigment suppliers globally.


Nexen Tire Corp: Grand Opening of New European Plant, Žatec, Czech Republic.  Link...

Nexen Tire has held the grand opening ceremony for its new European plant located in Žatec, Czech Republic. The plant began operations in April 2019.


Longxing Chemical Stock: 2019 Q2 Results  Link...

Longxing Chemical Stock: Q2 Net profit down 86% YoY mainly due to the impact of lower sales prices due to weakening market conditions. During the period the sales price dropped 10.54% while the manufacturing cost dropped 2.44%.

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. Currency values reported in: Millions of CNY

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/2720.1783.8-8.1
All SegmentsNet Margin2019/27.231.3-77.1
Carbon BlackSales Revenue2019/21321.11367.0-3.4


Jiangxi Black Cat Carbon Black: 2019 Q2 Results  Link...

Jiangxi Black Cat Carbon Black: Results impacted by headwinds in domestic automotive industry and poor global trading conditions. Black Cat have accelerated their plans to implement the first overseas production base (Belarus) project. The new 20 kMTpa speciality carbon black production line has now come on-line and is expected to improve profitability.

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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/21611.52036.7-20.9
All SegmentsNet Margin2019/2-41.9171.3-124.4
Carbon BlackSales Vol MT2019/2453300.0487300.0-7.0


Jinneng Science & Technology: 2019 Q2 Results  Link...

Jinneng Science & Technology: Raw material prices increased due to supply-side reform and environmental protection policies. Tire demand was weak impacting demand and prices. The Qingdao project is in progress with the carbon black facility being approximately 10% complete.

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 USD

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/22178.72172.8.3
All SegmentsGross Margin2019/2348.6387.0-9.9
All SegmentsNet Margin2019/2246.8264.6-6.7


Tokai Group: 2019 Q2 Results  Link...

Tokai Group: Volumes down to tire customers in Asia. Robust volumes in other regions.

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

SegmentParameterPeriod20192018YoY, %Notes
Carbon BlackSales Revenue2019/227287.014917.082.91
Carbon BlackEBIT2019/22262.02383.0-5.1


Scandinavian Enviro Systems AB: Signs Term Sheet with TreadCraft Carbon LLC  Link...

Scandinavian Enviro Systems has signed a term sheet with TreadCraft Carbon LLC, located in Buffalo, NY, USA meaning both parties have agreed on the main conditions for a plant deal. The final agreement is expected during the second half of 2019 including the sale of a recycling plant as well as license revenue and future profits.


Ecolomondo Inc: Breaks Ground on New TDP Plant in Hawkesbury, Ontario  Link...

Ecolomondo has broken ground on its Thermal Decompostion Process (TDP) plant located in Hawkesbury, Ontario. This facility will be used as a technology showpiece to promote future technology sales. When operational the facility is expected to process approximately 18 kMTpa of waste tires.


China Synthetic Rubber Corporation: 2019 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

SegmentParameterPeriod20192018YoY, %Notes
Carbon BlackSales Revenue2019/24219.04302.5-1.9
Carbon BlackEBIT2019/2-37.3385.2-109.7


Cabot Corporation: Increasing Feedstock Surcharge for Rubber Carbon Black Products in North America  Link...

Effective 1st October 2019 (as contracts allow) a feedstock surcharge of $0.03 per pound will be applied to all carbon black products sold by Cabot in North America. This replaces the previously announced feedstock surcharge of $0.01 per pound that has been in effect since 1st April 2019.

Cabot use primarily crude oil derived feedstocks for rubber carbon blacks. This market is being influenced by changes in types of crude oil products and an increase in demand for low sulphur fuel oil due to the 2020 IMO regulation. This is influencing the type, quality and availability of feedstock required to produce carbon black.


H&R Group: 2019 Q2 Results  Link...

H&R Group: Increasing competition in European market with continued exacting and difficult challenges on the global market.

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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/2263.9279.5-5.61
All SegmentsEBITDA2019/219.417.511.42
All SegmentsEBIT2019/28.49.0-6.7
All SegmentsNet Margin2019/25.45.32.5


Rutgers: Rain Carbon Commissioning New Hydrogenated Hydrocarbon Resins Facilityin Germany  Link...

Rain Carbon Inc, initiated the phased start-up of its hydrogenated hydrocarbon resins production facility in Castrop-Rauxel, Germany. Once fully operational in Q2 2019 the capacity will be 50 kMTpa and the plant will form the cornerstone of Rain Carbon's Advanced Materials product segment.


Domo Chemicals: Acquiring Solvay's Performance Polyamide Facilities  Link...

Solvay and BASF have reached an agreement with Domo Chemicals whereby Domo Chemicals will acquire Solvay's Performance Polyamide facilities needed to be divested to a third party in order to facilitate the divestment of Solvay's remaining polyamides business to BASF.

Domo will acquire facilities at Belle-Etoile and Valence, as well as a stake in a newly created joint venture between BASF and Domo in Chalampé (France). They also involve sites in Gorzow (Poland), Blanes (Spain) and commercial activities in Germany and Italy.

BASF will acquire all the activities that are not included in the remedy package and that are part of the original agreement between Solvay and BASF signed at the end of 2017.

The full transaction is expected to be completed by end of 2019.


Thai Carbon: 2019 Q1 Results  Link...

Thai Carbon: Business conditions showing improvement versus previous year. Operating profit up, however net margin down due to exchange losses and lower share of income from associates due to changing market conditions.

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

SegmentParameterPeriod20192018YoY, %Notes
Carbon BlackSales Revenue2019/12151.02015.26.71
Carbon BlackEBIT2019/1479.0415.815.2


Mangalam Organics Limited: 2019 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/1910.8877.13.8
All SegmentsEBIT2019/1185.8156.119.0
All SegmentsNet Margin2019/1150.6120.724.7


Thai Lube Base PCL: 2019 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/24827.05026.0-4.01
All SegmentsEBITDA2019/2436.0463.0-5.82
All SegmentsNet Margin2019/2322.0360.0-10.6


Kolon Industries: 2019 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/21149000.01166000.0-1.51
All SegmentsEBIT2019/262000.054000.014.8
All SegmentsNet Margin2019/215000.029000.0-48.32
ChemicalsSales Revenue2019/2199000.0217000.0-8.3
ChemicalsEBIT2019/221000.021000.0.0


Cabot Corporation: 2019 Q3 Results  Link...

Cabot Corporation: Reinforcement segment impacted by margin reductions in China and reduced volumes associated with lower automotive production. Speciality Carbons impacted by less favourable product mix due to weakness in automotive and fiber products.

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

SegmentParameterPeriod20192018YoY, %Notes
Carbon BlackSales Revenue2019/3633.0661.0-4.21
Carbon BlackEBIT2019/397.4113.9-14.5
Rubber BlackSales Revenue2019/3461.0466.0-1.1
Rubber BlackEBIT2019/372.074.0-2.72
Rubber BlackSales Vol YoY %2019/398.0106.0-7.53
Specialist BlackSales Revenue2019/3172.0195.0-11.84
Specialist BlackEBIT2019/325.439.9-36.45
Specialist BlackSales Vol YoY %2019/3100.0117.0-14.5


Nichirin Co., Ltd: Stopping UK Production Mid 2020   Link...

Nichirin have decided to stop UK production of automotive hoses (air conditioning and brake) by mid 2020. Production will be transfered to the Spanish Subsidiary and other groups. Reasons for the action include closure of Honda plants in Europe as well as Brexit uncertainty.


Goodyear: Planning Restructuring in USA  Link...

Goodyear revealed that it is planning to restructure its US operations in order to improve competitiveness. The plan being studied aims to reduce low-value, high cost capacity in the US. The plans are of similar scale and benefit to those being undertaken by Goodyear in Germany. These plans were highlighted in the recent Q2 financial analysis call.


Panama Petrochem Ltd: 2018/9 Full Year Results  Link...

Panama Petrochem supplies customised petroleum products to multiple industries including the rubber industry. Process oils are the primary product for the rubber industry segment. Results are not segmented by industry, RCCL tracks the company consolidated results. Currency values reported in: Millions of INR

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue201812693.313458.1-5.7
All SegmentsEBITDA2018999.11092.0-8.5
All SegmentsNet Margin2018518.8609.7-14.9


Orion Engineered Carbons: 2019 Q2 Results  Link...

Orion Engineered Carbons: Challenging market environment continues. Q2 results down versus prior year's record quarterly results. Volumes up for speciality, however revenues impacted by product mix. Rubber goods segment performed well, however the segment is short of earning its cost of capital, therefore surcharges and price increases have been implemented to continue the upward performance of the Rubber segment.

Orion Engineered Carbons manufactures furnace carbon black as well as thermal, gas and lampblacks 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

SegmentParameterPeriod20192018YoY, %Notes
Carbon BlackSales Revenue2019/2399.0391.61.91
Carbon BlackadjEBITDA2019/271.581.1-11.9
Carbon BlackEBITDA2019/266.9106.7-37.3
Carbon BlackEBIT2019/241.582.5-49.7
Carbon BlackSales Vol MT2019/2270500.0275600.0-1.9
Rubber BlackSales Revenue2019/2259.7248.94.32
Rubber BlackadjEBITDA2019/240.535.912.8
Specialist BlackSales Revenue2019/2139.3142.7-2.43
Specialist BlackadjEBITDA2019/231.045.2-31.4


RCCL Industry Analysis:

Analysis Snippet: Orion Engineered Carbons (OEC) ajdEBITDA/MT

The figure presents OEC's quarterly segmental performance measured by adjEBITDA/MT. While the specialist segment has substantially higher values relative to the rubber segment, it shows a steady downward progression. This is attributable to feedstock pricing pressures as well as product mix effects. The rubber segment has recovered to values previously seen in 2014, this recovery is due to cost efficiencies as well as price increases. The rubber segment recovery is also in line with general feedstock pricing trends, it is easier to implement non-index price increases when variable costs are high.

OEC 2019 Q2

Chromaflo Technologies LLC: Acquires Liquid Colours (Pty.) Ltd.  Link...

Chromaflo Technologies has acquired the colorant dispersion division of Liquid Colours further enhancing Chromaflo Technologies’ position in the sub-Saharan African region. The newly acquired colorant dispersion division includes pigment dispersions and colorant technologies for decorative paint point of sale, in-plant systems, industrial coatings and other applications which will be integrated into Chromaflo’s recently built plant in Johannesburg. The transfer of product lines, technology and personnel from the Liquid Colours’ dispersions division to Chromaflo will take place over the next twelve months.


Doublestar Group Co.,Ltd: Tire Pyrolysis Plant Start Up  Link...

Doublestar group have started production at a new tire pyrolysis plant in Henan, China. The plant can process 100 kMTpa of tires producing 45 kMTpa oil, 35 kMTpa char, 12 kMTpa steel cord and 8 kMTpa of gas. Doublestar are planning to build two more tire pyrolysis plants located in Hubei and Shandong provinces.


Amaseuro Holdings: GRI Breaks Ground on New Mixing Plant in Sri Lanka  Link...

GRI is building a new mixing plant in the Mirigama Export Processing Zone serving its speciality tires plant in Badalgama, Sri Lanka. Phase one if for 100 MT compound per day. When fully operational the capacity will be expanded to 200 MT per day.


Birla Carbon: Increasing Specialty Carbon Black Prices in North America  Link...

Birla Carbon is increasing North American Speciality carbon black prices by 9% effective 1st September 2019. The price increases are due to increasing carbon black feedstock costs. In addition, a revised schedule of fees for non-standard package services is also being implemented at the same time.


Solvay: 2019 Q2 Results  Link...

Solvay operate with four reporting segments, plus corporate and business services. Rubber Chemical Consultants track the Advanced Materials segment which includes Solvay's precipitated silica operations. Currency values reported in: Millions of EUR

SegmentParameterPeriod20192018YoY, %Notes
Advanced MaterialsSales Revenue2019/21178.01123.04.91
Advanced MaterialsadjEBITDA2019/2300.0342.0-12.3
Advanced MaterialsadjEBIT2019/2218.0267.0-18.4
Precipitated SilicaSales Revenue2019/2113.0114.0-.92


Evonik Industries: 2019 Q2 Results  Link...

Evonik Industries: Resource Efficiency Segment seeing weaker market environment particularly for automotive and coatings businesses. Higher prices in precipitated silica business offset by lower volumes.

Evonik currently reports in four segments. The silica and silane activities reside in the Resource Efficiency 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

SegmentParameterPeriod20192018YoY, %Notes
Resource EfficiencySales Revenue2019/21404.01479.0-5.11
Resource EfficiencyEBITDA2019/2325.0366.0-11.22
Resource EfficiencyEBIT2019/2243.0281.0-13.5
Resource EfficiencySales Vol YoY %2019/296.03


Arakawa Chemical Industries: 2019 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. Currency values reported in: Millions of JPY

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/118226.019758.0-7.8
All SegmentsEBITDA2019/11599.01704.0-6.2
All SegmentsEBIT2019/1874.01073.0-18.5
All SegmentsNet Margin2019/1501.0776.0-35.4
AdhesivesSales Revenue2019/16592.07210.0-8.6
AdhesivesEBIT2019/1362.0473.0-23.5


July (2019)

Jiangxi Black Cat Carbon Black: Announcement of Establishment of Overseas Subsidiaries  Link...

Having completed its production base plans in China, Jiangsi Black Cat are looking to expand under the implementation of the 'One Belt, One Road' policy. According to a 12th July filing, Black Cat have formulated a strategic plan for international development. The first move is a planned investment to build their first overseas production base in Belarus. Initial investment is for the setting up of a subsidiary: Jiangxi Black Cat Belarus Co Ltd which will oversea feasability and follow-on activities.


Toyo Tire & Rubber Co. Ltd: Establishment of New Tire Plant in Serbia  Link...

Toyo Tire Corporation is planning to construct a new tire plant located at Indijia City, Serbia.

The plant will produce highly value added products and is intended to offer regional sourcing for European and Russian customers currently supplied from Japan and Malaysia.

The plant will be operated as a sophisticated smart factory incorporating IoT (Internet of Things) providing a new level of competitive manufacturing. Construction will begin in May 2020 with operations planned to start January 2022. The capacity is expected to be five million PC tires pa by summer 2023.


Birla Carbon: Birla Carbon North America Price Index Change  Link...

Birla Carbon is changing all North American price formulas to use the USG 0.5S FO index effective 1st August 2019. The change is being driven by the upcoming IMO regulations which are having a signficant impact on carbon black feedstock pricing. Formulas for other regions will be adjusted based on individual region requirements.


Atul Ltd: 2019 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/19933.08880.611.9
All SegmentsEBIT2019/11974.01282.853.9
All SegmentsNet Margin2019/11297.3841.954.1
Performance ChemicalsSales Revenue2019/17327.76422.614.1
Performance ChemicalsEBIT2019/11467.7842.874.1


Kraton Corporation: 2019 Q2 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/2197.4200.2-1.41
All SegmentsadjEBITDA2019/241.936.913.4
All SegmentsEBITDA2019/239.040.3-3.4
All SegmentsEBIT2019/221.222.6-6.12
All SegmentsTire Segment Sales2019/213.011.513.13
All SegmentsSales Vol MT2019/2103800.0110800.0-6.3


Eastman: 2019 Q2 Results  Link...

Eastman continuing to experience challenging global economic conditions. Additional pricing pressure in the Functional Additives segment due to increased competition which is affecting the tire additives business.

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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/22363.02621.0-9.81
All SegmentsEBIT2019/2371.0491.0-24.4
All SegmentsNet Margin2019/2259.0344.0-24.7
Additives Functional ProductsSales Revenue2019/2823.0942.0-12.62
Additives Functional ProductsEBIT2019/2147.0188.0-21.83


Orion Engineered Carbons: Price Increases for North American Speciality and Rubber Carbon Blacks  Link...

Orion Engineered Carbons S.A. has announced North American price increases effective September 1, 2019 (or as contracts allow). Sales prices for rubber grade carbon black will increase by $0.08/lb and specialist by $0.07/lb for all carbon black produced and sold in North America.

Orion will increase the base price of rubber grade carbon black by $0.04/lb. This surcharge is necessary due to the impact of IMO and EPA mandates which are affecting the availability and price of certain qualities of feedstock oil. The changing relationship between carbon black feedstock pricing and the traditionally used high sulphur fuel oil index will necessitate quarterly reviews of this surcharge, however rapidly changing market conditions may require more frequent review.

For speciality grade carbon black requiring low sulphur feedstock the current surcharge is $0.07/lb which will also be adjusted in a responsive manner.


Trelleborg A.B.: Initiating Cost Cutting Measures Targetting Wheel Systems and Industrial Solutions Businesses  Link...

Trelleborg A.B. is intiating cost cutting measures targetted mainly at its Wheel Systems and Industrial Solutions business segments. This is in response to a trend shift observed in Q2 2019 coupled with intensified political tensions and global trade conflicts which are negatively impacting agricultural tire sales in Europe and APAC in particular.


Yokohama Rubber: Develops High Productivity Catalyst System for Butadiene Production from Bioethanol  Link...

Yokohama Rubber via joint research with the National Institute of Advanced Industrial Science and Technology and the Advanced Materials Research Institute for High-Speed Materials, have developed a catalyst system with the world's highest productivity to produce butadiene from bioethanol. The butadiene was succesfully converted to butadiene rubber. In line with sustainability goals, the objective is to commercialise the production of synthetic rubber from biomass by 2030.


Phillips Carbon Black Ltd: 2019 Q1 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/19115.27814.216.6
All SegmentsEBIT2019/11524.31453.34.9
All SegmentsNet Margin2019/1634.2975.4-35.0
Carbon BlackSales Revenue2019/18885.57545.417.8
Carbon BlackEBIT2019/11252.11366.0-8.3
PowerSales Revenue2019/1396.3424.7-6.7
PowerEBIT2019/1272.2309.8-12.1


Michelin: Considering Future of Bamberg Plant in Germany  Link...

Michelin is considering the future of its car tire plant in Bambery, Germany. This plant specialises in the production of smaller sized pc tires, a market facing intense competition from imports as well as a declining domestic market. Michelin has entered into negotiations with the plant's works council and unions to examine future options.


Toyo Tire & Rubber Co. Ltd: Adding Capacity at Georgia, USA Production Plant  Link...

Toyo Tire Corporation is strengthening tire production capacity at its plant in Georgia, USA. This is part of their Mid-term 17 medium business plan started in 2017 which targetted strengthening sales in high value and growth products as well as increasing sales in North America.

North American pickup truck and SUV sales are strong, with Toyo having a competitive advantage in this segment. Increased demand and supply for these types of tire is expected to continue beyond 2020. Accordingly, Toyo is installing additional capacity for 1.2 million tires with production due to start January 2021.


Nokian Tires: Produces First Test Tire at New Dayton, Tennessee Factory  Link...

Nokian has produced its first test tire at the new production factility in Dayton, Tennessee. The production facility remains on schedule to begin producing tires for commercial use in early 2020.


Freudenberg & Co: Vibracoustic Opens New Material Development Center  Link...

Vibracoustic has opened a new material development center located in Weinheim, Germany. The location employs 25 material experts working on new prototype compound development in support of the engineering group. As well as standard elastomer developoments the location also has a dedictated micro cellular urethatne shot machine allowing prototyping and testing of microcellular foam material.


Tokai Group: Increasing Carbon Black Prices in North America  Link...

Tokai Carbon CB Ltd (TCCB) will increase the price of carbon black products by $0.06 per pound effective August 1st 2019, or as contracts allow. The EPA Consent Decree Surcharge will also increase from $0.03 to $0.4 per pound.

Effective January 1s 2020, TCCB is changing many of the standard pacing and premium charges.

New agreements conclulded in 2019 will use the above pricing as well as TCCB's actual corporate monthly average laid-in CBO cost as the feedstock reference price.


SI Group: Focused Sale of Industrial Resin Business to ASK Chemicals  Link...

SI Group is to sell the majority of its global industrial resin businesses and its Brazilian speciality business to ASK Chemicals. The sale includes SI Group's industrial resin products and associated manufacturing sites in Rio Claro, Brazil, Ranjangaon, India and Johahhesburg and Durban, South Africa.

SI Group will carve out related businesses at these four sites, including the manufacture of global rubber and adhesives and oilfield products.


Continental Rubber Group: Ground Breaking for Motorcycle Tire Plant in Thailand  Link...

Continental has broken ground on its new motorcycle tire plant in Thailand. The company plans to invest 26 million Euro with initial production for radial tires coming on stream in 2021. Production of bias-ply/cross-ply tires is planned for later.

The new plant is being built in the immediate vicinity of the pc tire factory which Continental opened in March of this year. Production from this plant is expected to serve demand from new markets.


Woodbridge Group: Investing $100 Million (CAD) for Innovation in Ontario, Canada  Link...

Woodbridge is investing $100 Million CAD for creating and promoting innovation in Ontario, Canada. The investment will permit Woodbridge to modernize two manufacturing sites in Ontario. The company will also establish a Center of Excellence, where it will invest and centralize its global research and development activities in advanced materials and product design of molded foam products. The intiative is being supported by the Canadian government.


Trinseo SA: Opens New Hoek, Terneuzen Compounding Plant  Link...

Trinseo has opened a new compounding plant at its Hoek Site in Terneuzen, The Netherlands. The new site provides a boost to R&D, sustainability and employment in the region. The facility replaces the old compounding plant at Terneuzen Industrial Park.


Hutchinson S.A.: Joint Venture with Hiroshima Kasei  Link...

Hutchinson has created a joint venture (Hiroshima Kasei Hutchinson Sealing Japan) with Hiroshima Kasei, located in Fukuyma, Japan. The JV will focus on sales, development and production of automotive body seals for Japanese automotive manufacturers. This allows the combination of both companies' technology, enlarging their activities in Japan.


Lanxess: Expands Masterbatch Range for Efficient Rubber Reinforcement  Link...

Lanxess is expanding its masterbatch range for efficient rubber reinforcement.

Rhenogran P91-40/Q has a silicone carrier combined with short-fiber aramid pulp and is suitable for high temperature, durable and wear resistant silicone items such as washers and seals.

Rhenogran P91-40/FKM has a flourinated rubber carrier combined with short-fiber aramid pulp and is suitable for high performance products such as those used in aviation.

Rhenogran CNT masterbatches are under development for special applications requiring resistance to high mechanical stress. Single wall CNT masterbatches have a concentration between 1 and 2% and multi-wall CNT's have a concentration of more than 10%. They can be diluted up to 20 times for final use and offer excelption thermal and electrical conductivity. Examples of use include anti-static properites.


Hexpol AB: Acquires Preferred Compounding  Link...

Hexpol has acquired Preferred Compounding from the Audax Group, a US based private equity firm. Preferred Compounding is a North American custom compounder serving the industrial, automotive, power and infrastructure markets in particular. Preferred Compounding had 2018 sales of approximately $240 million, having six facilities, five in the USA and one in Mexico.


Denso Corporation: Forming DENSO Wiper Systems, Inc.  Link...

DENSO Corporation is forming DENSO Wiper Systems, Inc by merging Nippon Wiper Blade Co, Ltd. and Asahi Manufacturing Co., Ltd. The change is driven due to the auto industry undergoing a once-in-a-century transformation with fast paced change due to innovations in CASE (connected, autonomous, shared and electrified) technologies. Competition to develop automated driving technologies has intensified and increased the importance of auxiliary systems.

Accordingly, DENSO Wiper Systems will build an integrated structure from design and production, to supply of wiper systems, thereby strengthening its capability to meet the needs of customers. The company will also step up efforts for the DENSO Group to create new added value in advanced fields.


June (2019)

Continental Rubber Group: In Discussions to Close Contitech Oppenweiler Location  Link...

Continental is in discussions with the local works council regarding the closure of the Oppenweiler location.

The Oppenweiler plant produces refrigerant piping used in passenger and commercial vehicles. Sales have been declining for the past 6 years with the trend expected to accelerate. This was worsened by the loss of a large customer project.


Cabot Corporation: Increasing Prices for Rubber Carbon Black Products in North America  Link...

Effective for shipments starting August 2019 (or as contracts allow). Cabot Corporation is increasing prices by $0.07 per pound on all carbon black products in its North American Reinforcement Materials segment.

Cabot state the price increase is necessary to assure customers of continued supply reliability at a time of increasing demand from tire production in the region as well as to cover costs for reducing emissions and enhancing sustainability.

Cabot is also updating standard commerical policies for its Reinforcement Materials in North America, including changes to standard packaging, transportation and warehousing premiums.


BKT: Production Starts at BKT's Carbon Black Plant in Bhuj, India  Link...

Production has started at BKT's 60 kMTpa carbon black plant in India.


ExxonMobil: Collaboration with DuPont for New Santoprene™ TPVs for Automotive Corner Seals  Link...

DuPont Transportation and Industrial announced the success of its close collaboration with ExxonMobil Chemical's specaility elastomers business for the development of new Santoprene™ thermoplastic vulcanizates for automotive corner mould seals. Traditional organic slip additives were replaced with DuPont’s engineered silicone-based additives improving bonding to EDPM rubber substrates and lowering the coefficient of friction (COF) for easy opening and closing of doors and windows. The new Santoprene TPV B260 family of products also delivers improved flow properties, abrasion resistance and ultraviolet (UV) light stability.


Semperit AG Holdings: Expands Mixing Activities in Poland  Link...

Semperit has completed expansion of its mixing plant in Bełchatów, Poland. This is now the largest mixing site in the Semperit group with five mixing lines and a 75 kMTpa capacity. Approximately EUR 17 million was invested in the construction of the fifth mixing line in the past three years. With the new mixing line, 30,000 tonnes of rubber compounds can be produced per year, while the mixing capacity at the site is increased by a total of 67 percent.


Evonik Industries: Presents Vestenamer® Process Additive for Efficient Recycling of Waste Rubber  Link...

Evonik will be presenting Vestenamer®, a low molecular weight polymeric process additive, at the K fair in Düsseldorf with a focus on waste rubber processing. The process additive improves the flow of recycled rubber compound as well as the reactivity, enabling higher rubber network efficiency. This has beneftis for a number of recycling applications including tire rubber crumb for road construction and other surfaces.


Styrenics Circular Solutions: Progressing with Recycling of Styrenic Polymers  Link...

Styrenics Circular Solutions, a joint industry initiative to increase the circularity of styrenic polymers, is progressing with efforts for reuse of polystyrene through depolymerisation to its styrene monomer. Potential areas of use include upcycling for use in S-SBR for tires.


AKWEL Group: Extension of GEBZE Plant, Turkey  Link...

AKWEL have completed the extension of their Gebze plant in Turkey. The extension was built to serve the growing requirements of Ford Otosan, Renault and JLR. The extension increases the autoclave and extrusion capacities by 40%.


Bridgestone: Supplies Seismic Isolation Bearings for Two Tokyo Olympic Venues  Link...

Bridgestone Corporation as supplied cutting-edge seismic isolation bearings for two newly-constructed permanent venues hosting competitions during the Tokyo 2020 Olympics.


Parker Hannifin Corp: Closing Kennett, Missouri Hose Plant  Link...

Parker Hannifin Corporation is to close its Kennett, Missoure hose manufacturing plant on Sept 30th of this year. Production is to be transferred to other existing US locations. The site produces yarn reinforced rubber hose.


Nokian Tires: Progressing with Expansion of Heavy Tire Production in Finland  Link...

Nokian Heavy Tyres is progressing with its 50% expansion to heavy tire production capacity at its Finland plant. The expansion also includes significant investment in product development capabilities. Full capacity is expected to be reached in 2021.


Bridgestone: Introduces Enliten - A New Lightweight Tire Technology  Link...

Bridgestone has announced the launch of Enliten, a new innovative lightweight tire technology. The technology allows tire weight to be reduced by 10% with associated benefits in rolling resistance of up to 20%. Tire wear is maintained and handling and stability are also improved.
The benefits are derived from an innovative approach to tire design and production. A proprietary compound enables improved wear performance allowing a decrease in tread depth. A reduced thickness and reinforced inner liner coupled with a new dedicated mould concept also contribute to the approach.


ExxonMobil: New Halobutyl Rubber For Tire Liners: Exxpro 3563  Link...

ExxonMobil have developed a new halobutyl liner for tires. Exxpro 3563. The polymer has an unsaturated backbone and a high p-methyl styrene content, the former enhances degradation resistance, the later reduces permeability. ExxonMobil suggest this polymer as an ideal way to ensure optimum resulting rolling resistance for tires for electric vehicles.


Orion Engineered Carbons: Expanding Production Capacity for Gas Blacks at Kalscheuren, Germany  Link...

Orion Engineered Carbons S.A. is expanding capacity for gas blacks at its Kalscheuren plant, located near Cologne, Germany. The expansion is in response to growing demand for coatings where Orion's gas blacks provide excellent performance.


Scandinavian Enviro Systems AB: Next Phase for Denmark Plant Project  Link...

Windspace and Scandinavian Enviro Systems' plant project in Denmark is now entering the next phase. The company Elysium Nordicm, a joint venture, has applied for a building perming and environmental approval at Nyborg municipality.


Continental Rubber Group: Extending OTR Production at Lousado, Portugal  Link...

Continental is investing approximately 100 million Euro at their facility in Lousado, Portugal for new OTR capacity for radial earthmoving and port tires with a diameter of 24 inches and above. The new facility will be adjacent to the radial agricultural facility opened in 2017.


Wacker Chemie AG: Adds New Silicone Elastomer Production Line at Zhangjiagang Site in China  Link...

Wacker as inaugurated a new silicone elastomers production line at its site in Zhangjiagang China. The annual production capacity is stated as several thousand metric tonnes. This helps to support Wacker's future growth in China and will improve the availability of high consistency silicone rubber (HCR) in APAC. The plant’s cutting-edge equipment includes world-class kneaders which are essential for manufacturing high quality HCR grades.


Orion Engineered Carbons: Adopts North West Europe 1% Sulphur Fuel Oil Index for European Pricng Formula  Link...

Orion Engineered Carbons is adopting the Platts North West Europe 1% Sulphur fuel oil index (FO 1% FOB ROT) in Europe as of July 1st 2019. According to Orion, the 1% Sulphur Rotterdam FO index is no longer functional as it does not trade forward and no longer tracks other 1% indices.
Orion state that they use exclusively low sulphur carbon black oil (CBO) grades in Europe. In view of the upcoming IMO Marpol 2020 regulations, the CBO market situation will continue to be monitored carefully.


Michelin: Strategic Development Partnership with GM for Uptis - Airless TireTechnology  Link...

Michelin and General Motors unveiled a new generation of airless tiretechnology for passenger vehicles at the Movin'On Summit in Montreal, Canada. The Michelin Uptis prototype (Unique Puncture-proof Tire System) will be developed further in a joint research agreement with GM. The aim is to validate the prototype with a goal of introducing Uptis on passenger models by 2024.


Trelleborg A.B.: Sealing Solutions Expands Manufacturing in Pernik, Bulgaria  Link...

Trelleborg Sealing Solutions has inaugurated its expanded manufacturing facility in Pernik, Bulgaria. The expansion enables further focus on Liquid Silicone Rubber (LSR) products for the industrial and automotive segments.
The site also supplies to the pharmaceutical, sanitary, household and baby care markets. Advanded LSR solutions is a particular area of focus for Trelleborg Sealing Solutions with the production facilities supported by Trelleborg's Swiss center of excellence for LSR located in Stein am Rhein.


May (2019)

Eastman: Expanding Production of Impera™ Performance Resin Production  Link...

Eastman Chemical Company is investing in expanded production capabilities for its Impera™ tire performance resins. The expansions are at its Middelburg plant in The Netherlands and Jefferson, Pa in the USA. The expansions support the growth strategy of Eastman's Tire Additives business. Capacity will increase by 10 to 15 percent.


Green Distilation Technologies: Receives Environmental Approval in NSW and Development Approval in Queensland  Link...

Tyre recycler Green Distillation Technologies has received environmental approval for their Warren, New South Wales plant and building approval for their proposed Toowoomba plant.


Thai Carbon: 2018 Q4 Results  Link...

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

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue20188550.27323.616.7
Carbon BlackEBIT20181689.71693.4-.2
Carbon BlackSales Revenue2018/42194.71892.516.0
Carbon BlackEBIT2018/4470.782.8468.31


Hutchinson S.A.: JV with Mann+Hummer  Link...

Hutchinson is taking a major stake in Thermal Control Systems Automotive which specialises in thermal management and battery cooling. Based in Laval (France) and employing around 60 people, Thermal Control Systems Automotive will allow Hutchinson to propose a global system offer for fluid management and to reinforce its position in CO2 reduction solutions. The acquisition is subject to clearance from relevant authorities in France.


Vittoria Group: Extends Performance of Bicycle Tires with Graphene 2.0 Compound  Link...

The new Graphene 2.0 compound utilises functionalised graphene to enhance specific tire performance characteristics.


Longxing Chemical Stock: 2019 Q1 Results  Link...

Longxing Chemical Stock: Downward trend from 2018 Q4 continues into 2019 Q1.

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. Currency values reported in: Millions of CNY

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/1690.6680.21.5
All SegmentsGross Margin2019/172.8131.9-44.8
All SegmentsNet Margin2019/11.631.9-95.0


Scandinavian Enviro Systems AB: Switching to Three-Shift System at Åsensbruk Plant  Link...

Enviro has recently invested in production capacity at its rCB plant in Åsensbruk, Sweden. The company is currently recruiting in order to switch to a three-shift system.


Phillips Carbon Black Ltd: 2018 FY and Q4 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue201835285.626003.135.7
All SegmentsEBITDA20185993.13644.464.4
All SegmentsNet Margin20183826.62297.866.5
Carbon BlackSales Revenue201834311.125157.636.4
Carbon BlackEBIT20186190.33244.990.8
All SegmentsSales Revenue2018/49209.97530.122.31
All SegmentsEBIT2018/41767.41119.957.8
All SegmentsNet Margin2018/4744.3742.5.2
Carbon BlackSales Revenue2018/49005.77271.523.82
Carbon BlackEBIT2018/41511.4788.591.7


BlackBear Carbon BV: Planning rCB Plant in Bitterfeld, Germany with Partners MMEC Mannesmann and Pyrolytec  Link...

Having secured a location, the project is entering the financing phase. Pyrolytec GmbH (Germany) is a rCB plant-developer and will act as the operating company for the targeted Bitterfeld-project for which Black Bear Carbon will be the technology provider. Pyrolytec together with MMEC is currently working with the authorities on permitting, targeting the Bitterfeld-Wolfen Chemical Park.


Indorama Ventures Public Co: Forms New Business Unit - Indorama Mobility Group  Link...

Indorama Ventures Public Company Limited has formed a new business unit within the IVL Fibers division named the Indorama Mobility Group, which will comprise three business segments, namely Tire, Automotive Safety and Functional Materials.The formation of the group is the culmination of successive strategic acquisitions over the past five years including: PHP Fibers, Performance Fibers, Trevira Filaments, Glanzstoff, Kordarna and UTT.


RCCL News:

RCCL's Commercialising Recovered Carbon Black White Paper  Link...
rcbWhitePaper

First published in 2015, RCCL's white paper summarises key considerations for commercialisation of recovered carbon black (rCB). Information reflects RCCL's practical experience gained from participation in a wide range of carbon filler/pigment developments including pyrolysis, plasma, novel processes and traditional furnace carbon black product development and approvals.

This white paper is available (at RCCL's discretion) if you register interest on our White Papers page. Unfortunately RCCL will not be able to attend the Recovered Carbon Black Congress in Berlin during May 2019 - if you would like to discuss recovered carbon black processing, developments and markets further then please give us a call or drop us an email (see Contact Page for details).


H&R Group: 2019 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/1286.1270.95.61
All SegmentsEBITDA2019/120.123.7-15.22
All SegmentsEBIT2019/19.413.8-31.9
All SegmentsNet Margin2019/15.29.9-47.5


Kolon Industries: 2019 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/11058000.01127000.0-6.11
All SegmentsEBIT2019/149000.038000.028.92
All SegmentsNet Margin2019/120000.037000.0-45.9
ChemicalsSales Revenue2019/1189000.0237000.0-20.33
ChemicalsEBIT2019/121000.023000.0-8.7


Momentive Performance Materials Inc: Investor Group Completes Acquisition of Momentive  Link...

The investor group (SJL Partners LLC, KCC Corporation, Wonik QnC Corporation) have successfully completed the acquisition of Momentive Performance Materials Inc. On May 15, Momentive became a wholly owned subsidiary of the Investor Group and ceased to be traded on the OTCQB.


Syntoil S.A.: Wins Funding for Tire Pyrolysis Development from Chivas Venture  Link...

Syntoil, based in Poland, were finalists in the Chivas Venture initiative which funds social entrepreneurs who blend profit with purpose to have a positive impact on the world.
Sytoil secured $250k for further development of its modular continuous tire pyrolysis system.


Pirelli Tires: Reorganisation of Production Structure in Brazil  Link...

Pirelli is reorganising its production structure in Brazil to accelerate focus on high value products. Plans include a 120 million euro investment over 2019-2021 to modernise the Campinas and Feira de Santana plants by converting to a high value product mix.
The plan focuses in particular on strengthening the factory in Campinas by transfering Moto tyre production from the current facility in Gravatai. This move is scheduled to be complete by mid 2021.


Mangalam Organics Limited: 2018 FY & Q4 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue20184246.22442.473.9
All SegmentsEBIT20181052.6209.5402.4
All SegmentsNet Margin2018724.0143.2405.4
All SegmentsSales Revenue2018/41064.0564.288.6
All SegmentsEBIT2018/4276.759.8362.7
All SegmentsNet Margin2018/4154.928.3446.9


DSM: Acquiring India Based SRF Ltd's Specialty Materials Business  Link...

DSM is acquiring SRF's Engineering Plastics business. The deal is expected to close Q3 2019. SRF's customers are well-known brands in the Automtotive and Electrical & Electronics industries in India. Its business is highly complementary to DSM’s business in India and will allow DSM to further grow its business without having to significantly invest in capital expenditures.


Arakawa Chemical Industries: 2018 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. Currency values reported in: Millions of JPY

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue201879500.080782.0-1.6
All SegmentsEBITDA20186435.07506.0-14.3
All SegmentsEBIT20183564.04892.0-27.1
AdhesivesSales Revenue201827697.028564.0-3.01
AdhesivesEBIT20181750.02427.0-27.92
All SegmentsSales Revenue2018/418967.019720.0-3.8
All SegmentsEBITDA2018/41284.01391.0-7.7
All SegmentsEBIT2018/4467.0694.0-32.7
AdhesivesSales Revenue2018/46481.07065.0-8.3
AdhesivesEBIT2018/4188.0468.0-59.8


Thai Lube Base PCL: 2019 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/14704.04985.0-5.61
All SegmentsEBITDA2019/196.0554.0-82.72
All SegmentsNet Margin2019/156.0417.0-86.6


Tokai Group: 2019 Q1 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

SegmentParameterPeriod20192018YoY, %Notes
Carbon BlackSales Revenue2019/127308.014276.091.31
Carbon BlackEBIT2019/13424.02816.021.6


Evonik Industries: 2019 Q1 Results  Link...

Evonik Industries: Specaility portfolio demonstrates market resilience in challenging environment. Continued good earnings in Silica.

Evonik currently reports in four segments. The silica and silane activities reside in the Resource Efficiency 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

SegmentParameterPeriod20192018YoY, %Notes
Resource EfficiencySales Revenue2019/11399.01398.0.11
Resource EfficiencyEBITDA2019/1324.0325.0-.32
Resource EfficiencyEBIT2019/1248.0255.0-2.7
Resource EfficiencySales Vol YoY %2019/198.098.0.0


Cabot Corporation: 2019 Q2 Results  Link...

Cabot Corporation: Challenging market conditions continued into 2019 Q2 with pricing weakness in China for reinforcing materials and softness in automotive demand impacting specialist products as well as impacts for specialist market product mix. Pass through for increased raw material costs has been unfavourable, but should improve moving into Q3.

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

SegmentParameterPeriod20192018YoY, %Notes
Carbon BlackSales Revenue2019/2624.0647.0-3.6
Carbon BlackEBIT2019/287.8120.0-26.8
Rubber BlackSales Revenue2019/2445.0454.0-2.01
Rubber BlackEBIT2019/261.079.0-22.8
Rubber BlackSales Vol YoY %2019/299.0100.0-1.0
Specialist BlackSales Revenue2019/2179.0193.0-7.32
Specialist BlackEBIT2019/226.841.0-34.8
Specialist BlackSales Vol YoY %2019/299.0109.0-9.2


BlackBear Carbon BV: Strategic Partnership with MMEC Mannesmann GmbH  Link...

Black Bear and MMEC Mannesmann GmbH have announced a strategic partnership to accelerate the rollout of Black Bear's breakthrough technology to produce recovered carbon black (rCB) from end-of-life tires. MMEC Mannesmann is well known for executing complex projects in the oil, gas, refining, chemical and renewables industries. The German General Contractor carries key expertise in executing turnkey projects starting from early project developments, feasibility studies, conceptual, basic and front-end engineering design up to detail design, procurement and construction. Being involved in highly innovative and large-scale engineering projects worldwide MMEC is the ideal strategic partner for Black Bear in the rollout of the technology.


Solvay: 2019 Q1 Results  Link...

Solvay: Macro-economic conditions negatively impacted automotive, electronics and oil & gas markets. Other markets such as aerospace had strong growth. The general economic context has worsened since February, the difficult market conditions are expected to continue into Q2 2019.

Solvay operate with four reporting segments, plus corporate and business services. Rubber Chemical Consultants track the Advanced Materials segment which includes Solvay's precipitated silica operations. Currency values reported in: Millions of EUR

SegmentParameterPeriod20192018YoY, %Notes
Advanced MaterialsSales Revenue2019/11124.01087.03.41
Advanced MaterialsadjEBITDA2019/1290.0288.0.7
Advanced MaterialsadjEBIT2019/1209.0219.0-4.6
Precipitated SilicaSales Revenue2019/1113.0110.02.72


Orion Engineered Carbons USD: 2019 Q1 Results  Link...

Orion Engineered Carbons USD: Volumes and revenues down YoY due to poor market conditions in China and to a lesser extent in Europe. Some indication of improved market conditions moving into Q2 2019.

Orion Engineered Carbons manufactures furnace carbon black as well as thermal, gas and lampblacks 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

SegmentParameterPeriod20192018YoY, %Notes
Carbon BlackSales Revenue2019/1384.7406.7-5.41
Carbon BlackadjEBITDA2019/164.676.0-15.0
Carbon BlackEBITDA2019/158.870.1-16.1
Carbon BlackEBIT2019/134.545.3-23.9
Rubber BlackSales Revenue2019/1253.1265.0-4.52
Rubber BlackadjEBITDA2019/135.235.7-1.4
Rubber BlackSales Vol MT2019/1198800.0217000.0-8.43
Specialist BlackSales Revenue2019/1131.6141.7-7.14
Specialist BlackadjEBITDA2019/129.440.3-27.0
Specialist BlackSales Vol MT2019/164000.069100.0-7.45


April (2019)

Jiangxi Black Cat Carbon Black: 2019 Q1 Results  Link...

Jiangxi Black Cat Carbon Black: Significant reduction in revenue with net loss in 2019 Q1, following on from poor 2018 Q4.

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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/11559.81861.1-16.2
All SegmentsGross Margin2019/183.9373.4-77.5
All SegmentsNet Margin2019/1-74.2134.8-155.1


Pyrolyx AG: Progressing with Engineering and Tendering Process of Second Plant in Terre Haut, Indiana  Link...

Pyrolyx AG has progressed the engineering and tendering process of its second plant in Terre Haut, Indiana, on Pyrolyx land next to its first plant. Construction of the second plant is expected to commerce in the third quarter 2019. The second plant will be substantially similar to the first Pyrolyx Indiana plant, which is currently nearing completion.


Parker Hannifin Corp: To Acquire Lord Corporation  Link...

Parker Hannifin Corporation has entered into a definitive agreement to aquire Lord Corporation. The transaction has been approved by the Board of Directors of each company and is subject to customary closing conditions, including receipt of applicable regulatory approvals. LORD, headquartered in Cary, North Carolina, is a privately-held company founded in 1924 offering a broad array of advanced adhesives, coatings and specialty materials as well as vibration and motion control technologies. LORD’s products are used in mission-critical applications in the aerospace, automotive and industrial markets.


Ineos: Divesting Melamines and paraform Business  Link...

INEOS Enterprises is selling INEOS Melamines & Paraform to Prefere Resins Holding GmbH. The agreement covers sites in USA, Germany and Indonesia. NEOS Paraform is Europe’s second largest producer of Paraformaldehyde. It employs around 120 people at its Mainz facility located close to the River Rhine and the port of Mainz. The business has been producing Formaldehyde and its downstream derivatives for more than 100 years. INEOS Melamines is a world leader in the supply of melamine resins into coatings, paper, textile, tyre, rubber, and decorative laminates industries. The business employs around 150 people at sites in Springfield USA, Frankfurt, Germany and Surabaya, Indonesia.


RCCL News:

April 2019 Newsletter Now Available  Link...

Rubber Chemical Consultants Ltd, a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce the issue of its April 2019 quarterly newsletter.

This edition focuses on the furnace carbon black market, with excerpts from RCCL’s latest reports: Furnace Carbon Black Industry and Markets 2019: Furnace Carbon Black Market Pricing Feb 2019. Topics covered include: Segmental market drivers plus past, present and future market pricing.

Other content includes industry changes plus compounding volumes and transitions for the tire, rubber goods and plastics segments.

This newsletter is free to subscribers with an official company email.

rubber chemical consultants Apr 2019 newsletter

Atul Ltd: 2018 FY and Q4 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue201840378.131475.628.3
All SegmentsEBIT20186753.24061.566.3
All SegmentsNet Margin20184360.22704.161.2
Performance ChemicalsSales Revenue201828798.422790.726.4
Performance ChemicalsEBIT20184627.82805.565.0
All SegmentsSales Revenue2018/410008.48665.815.5
All SegmentsEBIT2018/41658.21442.215.0
All SegmentsNet Margin2018/41085.4999.28.6
Performance ChemicalsSales Revenue2018/47193.86411.412.2
Performance ChemicalsEBIT2018/41045.3924.213.1


Eastman: 2019 Q1 Results  Link...

Eastman: Challenging market conditions persist into Q1 2019 with similar outlook for Q2 2019. Eastman's strategy for innovation-driven growth is helping to provide resiliency moving forward.

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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/12380.02607.0-8.71
All SegmentsEBIT2019/1320.0409.0-21.8
All SegmentsNet Margin2019/1209.0290.0-27.9
Additives Functional ProductsSales Revenue2019/1855.0939.0-8.92
Additives Functional ProductsEBIT2019/1146.0176.0-17.0


Jiangxi Black Cat Carbon Black: 2018 Full Year 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

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue20186767.25765.417.4
Carbon BlackGross Margin20181118.01125.7-.7
Precipitated SilicaSales Revenue2018190.6178.66.7
Precipitated SilicaGross Margin201814.815.3-3.4


Kraton Corporation: 2019 Q1 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

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/1195.4213.3-8.41
All SegmentsEBITDA2019/143.647.2-7.6
All SegmentsadjEBITDA2019/141.343.9-5.9
All SegmentsEBIT2019/125.929.4-12.02
All SegmentsTire Segment Sales2019/113.017.2-24.4
All SegmentsSales Vol MT2019/1103600.0115900.0-10.6


IRPC Public Company Limited : 2018 Full Year Results  Link...

IRPC Public Company Ltd is an integrated refining and petrochemical company with complexes at its own industrial zone in Rayong province. IRPC reports in three segments: Petroleum business, Petrochemical Business and Supporting Businesses. Rubber Chemical Consultants Ltd tracks the performance in the Petroleum Business, more specifically the Lube Base Oil sub segment which produces rubber processing oils along with other products. Currency values reported in: Millions of THB

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue201819229.016110.019.41


Trelleborg A.B.: Invests in New State-of-Art Manufacturing Facility for Sealing Profiles in Aurora, Ohio  Link...

Trelleborg has consolidated its US sealing profiles operations into one new facility in Aurora, Ohio, USA. This move supports growth and reduces complexity.


RCCL News:

New Report: Furnace Carbon Black Industry and Markets 2019 Past-Present-Future  Link...
furnace carbon black market pricing 2019

Rubber Chemical Consultants Ltd (RCCL) a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce the issue of a new cutting edge rubber chemical industry analysis report.

Furnace carbon black is one of RCCL’s core competencies being able to draw upon 30+ years of industry and market experience in this area. On-going consultancy work with furnace carbon black manufacturers and end users ensures information is up to date and relevant.

Furnace carbon black industry and market analysis covering the period 2011 to 2030. Industry coverage includes production capacities, trends and industry drivers. Market coverage includes international trade, segmental drivers, market volumes, market prices and market values.

This is one of the most comprehensive furnace carbon black reports available. RCCL provides client support for purchasers of this report as well as discounted rates for additional furnace carbon black industry analysis.


Shuanglong Tonghua Chemical Co., Ltd: 2018 Full Year Results  Link...

Ji Yao Holding: Shuanglong Tonghua Chemical Co produce precipitated silica for use in rubber (tire and rubber goods) as well as for oral care, coatings and other applications. In 2014 Shuanglong diversified by purchasing Jinbao Pharmaceutical which is now a key focus of the company. RCCL tracks Shuanglong's Chemical Industry segment which represents the precipitated silica business, RCCL also tracks the company financials. Currency values reported in: Millions of CNY

SegmentParameterPeriod20182017YoY, %Notes
Precipitated SilicaSales Revenue2018215.4193.311.5
Precipitated SilicaGross Margin201862.917.1268.4
Precipitated SilicaProd Vol MT201835105.035864.0-2.1
Precipitated SilicaSales Vol MT201833654.033228.01.3


Continental Rubber Group: Adding Capacity for ContiSeal and ContiSilent Tires at US Sumter SC Plant  Link...

Continental Tires is adding capacity for its ContiSeal and ContiSilent tires at its plant in Sumter, SC, USA. These tires are currently produced at two plants in Europe.


Goodyear: Expanding OTR Production at Colmar-Berg Plant, Luxembourg  Link...

Goodyear have annouced plants to invest $36 million to increase OTR tire production at its Luxembourg, Colmar-Berg plant.


HÜBNER Group: Acquires GWU Group  Link...

The HÜBNER Group has acquired the GWU Group strenthening its Material Solutions division. Headquartered in Neu-Ulm. GWU employs more than 500 people throughout Europe and has five locations in Germany (Neu-Ulm, Schifferstadt, Hennigsdorf), Poland and Turkey. HÜBNER is a leader in elastomer sealing systems for rail vehicle doors and windows, GWU has a similar market position in the bus industry.


Pyrolyx AG: Signs rCB Supply LOI with International Tyre Manufacturer  Link...

Pyrolyx AG has signed a Letter of Intent (“LOI”) with Continental AG. The LOI details a five-year supply agreement building over two years to 10,000-15,000 tons per annum of recovered Carbon Black (rCB). The rCB will be initially supplied both from Pyrolyx’s existing plant in Stegelitz Germany and its plant in Terre Haute Indiana, which is due to be operational in June 2019. The LOI is a non-binding statement of intention of the parties to enter into the supply agreement. Pyrolyx is confident a binding supply agreement will be entered into with the tyre manufacturer.


Shanxi Tond Chemical Co. Ltd: 2018 Full Year Results  Link...

Shanxi Tond Chemical Co Ltd manufactures explosive chemicals and precipitated silica. Precipitated silica is a minor segment and is tracked by Rubber Chemical Consultants, the level of detail for the precipitated silica segment varies depending upon whether it achieves 10% of company sales revenue. Currency values reported in: Millions of CNY

SegmentParameterPeriod20182017YoY, %Notes
Precipitated SilicaSales Revenue201847.349.7-4.8
Precipitated SilicaGross Margin20188.82.8210.4
Precipitated SilicaProd Vol MT20189369.110639.1-11.9
Precipitated SilicaSales Vol MT20188995.210741.2-16.3


Sumitomo Rubber Industries: Begins Truck and Bus Tire Production in Brazil  Link...

Sumitomo Rubber Industries have started truck and bus tire production at their manufacturing plant in Parana, Brazil. The plan is to increase production to 1000 tires/day by end of 2020.


Continental Rubber Group: Finalises Acquisitioin of Cooper Standard's Anti-Vibration Systems Business  Link...

The acquistion of Cooper Standard's AVS business has been completed. The transaction included facilities in Auburn, Ind, Mitchell, Ontario, Rennes France as well as related assets in Poland, China and an equity interest in a JV in India.


March (2019)

ZF Group: Signs Definitive Agreement to Acquire WABCO  Link...

ZF Friedrichshafen AG has entered into a definitive agreement to acquire WABCO with the closing of the deal expected in early 2020. Together, ZF and WABCO will form a leading global integrated mobility systems provider for commercial vehicles, creating added value for ZF’s commercial vehicle customers. The combined company will have sales of approximately €40 billion.
WABCO is a leading global supplier of braking control systems, technologies and services that improve safety, efficiency and connectivity of commercial vehicles including trucks, buses and trailers. Its diverse products and services include integrated braking systems and stability control, air suspension systems, transmission automation controls, as well as aerodynamics, telematics, and fleet management solutions.


Continental Rubber Group: Celebrates Opening of its Greenfield Tire Plant in Rayong, Thailand  Link...

Continental celebrated the grand opening of its new greenfield tire plant in Rayong, Thailand. The plant has started on schedule, 2 years after the groungbreaking ceremongy. The new tire plant is a 250-million-euro investment in Thailand and is equipped with state-of-the-art technology to produce about four million passenger and light truck premium tires per year for Thailand and the whole APAC by 2022.


Momentive Performance Materials Inc: 2018 Full Year Results  Link...

Momentive Performance Materials Inc manufactures silicones, silicone derivatives, organo fuctional silanes, quartz and ceramics. Momentive reported in two segments: Silicones and Quartz up until Q2 2017. Post Q2 2017 they report in three segments, with silanes residing in the functional additives segment. Rubber Chemical Consultants tracks the company results and the functional additives segment results which include organosilanes used in the manufacture of silica reinforced tire compounds. Currency values reported in: Millions of USD

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue20182705.02331.016.0
All SegmentsGross Margin2018627.0500.025.4
All SegmentsEBITDA2018400.0293.036.5
All SegmentsEBIT2018206.088.0134.1
Performance AdditivesSales Revenue2018973.0900.08.1
Performance AdditivesEBITDA2018193.0188.02.7


H&R Group: 2018 Q4 Results  Link...

H&R Group: Results impacted by raw material pricing and global uncertainty.

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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue20181114.11025.18.71
All SegmentsDirect Materials2018832.9764.39.02
All SegmentsEBITDA201874.397.9-24.1
All SegmentsEBIT201840.254.8-26.7
All SegmentsNet Margin201822.332.1-30.5
All SegmentsSales Vol MT2018836140.0832000.0.5
All SegmentsSales Revenue2018/4280.5240.316.7
All SegmentsDirect Materials2018/4224.1178.825.3
All SegmentsEBITDA2018/414.717.2-14.5


Birla Carbon: North America Price Change Announcement  Link...

Birla Carbon will increase base prices for all carbon black markets in North America by $170/MT effective May 1st 2019. All shipments made on or after this date are subject to the price increase, with adjustments for customers with supply agreements being implemented as agreements are renewed.
This increase is required to cover the increasing cost of compliance with emission limits in the USA and the increasing cost of compliance elsewhere in North America.


Goodyear: Modernisation Plans for Hanua and Fulda Plants in Germany  Link...

Goodyear has approved plans to modernise its tire plants in Hanau and Fulda, Germany. The capacity for larger diameter tires will be increased over the next 2 to 3 years. The plan is subject to consultation with the relevant employee representative bodies with a potential to eliminate around 1000 jobs at the two facilities.


Lubrizol: New TPU Line in Songjiang, China  Link...

Lubrizol Corporation has started production on its new TPU line in Songjiang, China. The expansion supports Lubrizol's Engineered Polymers business which is currently expanding the TPU business in multiple regions.


Cabot Corporation: Implementing Feedstock Surcharge for Rubber Carbon Black Products in North America  Link...

Cabot is implementing a $0.01/lb feedstock surchargs for all rubber carbon blacks sold in North America. This is effective for all shipments from April 1, 2019, or as contracts allow. The current dynamic state of the feedstock market is cited as the reason, with decreasing crude availability from Venezuela and Mexico, and preparations for new environmental regulations. These factors are having an impact on the type and availability of feedstock suitable for carbon black production, the changes are not reflected in fuel oil price indices.


RCCL News:

New Report: Furnace Carbon Black Market Pricing & Forecasts February 2019  Link...
furnace carbon black market pricing 2019

Rubber Chemical Consultants Ltd (RCCL) a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce the issue of a new cutting edge rubber chemical industry analysis report.

Furnace carbon black market pricing for China, Europe and North America for the period 2011 to 2018 with forecasts to 2030. The report provides an overview of Rubber Chemical Consultants’ proprietary system for modelling and forecasting furnace carbon black market prices. Market pricing information for six reference grades, covering all market segments, is provided for China, Europe and North America. For each region an overview is provided covering market pricing drivers including demand, supply and trade balance. Detailed historic and forecast market prices are then presented for each of the reference grades including segment and grade specific drivers as well as assumptions used for forecasting. The executive summary provides a quick and informative guide to regional pricing in China, Europe and North America.


Orion Engineered Carbons USD: 2018 Q4 Results  Link...

Orion Engineered Carbons: Delivered strong financial results for Q4 and FY 2018. The performance was bolstered by strong performance in the Rubber Carbon Black segment in particular gained from significant price increases for 2018 over 2017 and continued product rationalisation in Asia.

Orion Engineered Carbons manufactures furnace carbon black as well as thermal, gas and lampblacks 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

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue20181578.21328.318.8
Carbon BlackadjEBITDA2018294.1257.014.5
Carbon BlackEBIT2018196.3137.942.4
Carbon BlackNet Margin2018121.364.987.0
Rubber BlackSales Revenue2018/4259.1224.315.51
Rubber BlackadjEBITDA2018/435.433.46.0
Rubber BlackSales Vol MT2018/4195400.0210300.0-7.12
Specialist BlackSales Revenue2018/4126.9115.410.03
Specialist BlackadjEBITDA2018/429.032.5-10.84
Specialist BlackSales Vol MT2018/460800.062600.0-2.95


Evonik Industries: 2018 FY and Q4 Results  Link...

Evonik Industries: Good demand for silica across all market segments. Some impact to EBITDA due to distribution costs and Charleston, USA plant start-up.

Evonik currently reports in four segments. The silica and silane activities reside in the Resource Efficiency segment. Rubber Chemical Consultants tracks the Resource Efficiency segment. Currency values reported in: Millions of EUR

SegmentParameterPeriod20182017YoY, %Notes
Resource EfficiencySales Revenue20185709.05395.05.81
Resource EfficiencyEBITDA20181288.01174.09.72
Resource EfficiencyEBIT2018985.0886.011.2
Resource EfficiencySales Vol YoY %201899.0106.0-6.6
Resource EfficiencySales Revenue2018/41404.01300.08.03
Resource EfficiencyEBITDA2018/4259.0243.06.6
Resource EfficiencyEBIT2018/4180.0161.011.8
Resource EfficiencySales Vol YoY %2018/4101.0106.0-4.7


HÜBNER Group: New Factory for the American Market  Link...

HÜBNER is expanding in the USA after securing a major order to supply the New York Cisty Subway with gangway systemts. The group is planing to build a new factory in Dunlap, Tennessee. The facility in Dunlap, not far from Tennessee’s borders to Georgia and South Carolina, will produce all of the elastomer molded parts, silicone seals as well as sensor-equipped rubber profiles for the rapidly expanding U.S. bus and train industries from 2020 onwards. The HÜBNER Group has set itself the goal of becoming the worldwide market leader for door sealing and safety systems in the railway and bus segments – already having the largest market share for these segments throughout Europe. In addition, the new location will also supply the U.S. oil and gas industry with various sealing systems.


Kraton Corporation: 2018 FY and 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018790.1760.73.91
All SegmentsadjEBITDA2018163.2151.28.02
All SegmentsEBITDA2018162.8153.95.8
All SegmentsEBIT201891.684.78.1
All SegmentsTire Segment Sales201848.150.0-3.83
All SegmentsSales Revenue2018/4174.4186.5-6.5
All SegmentsadjEBITDA2018/440.834.717.7
All SegmentsEBITDA2018/430.335.4-14.5
All SegmentsEBIT2018/412.117.9-32.1
All SegmentsTire Segment Sales2018/49.312.1-23.4


February (2019)

Solvay: 2018 FY and Q4 Results  Link...

Solvay operate with four reporting segments, plus corporate and business services. Rubber Chemical Consultants track the Advanced Materials segment which includes Solvay's precipitated silica operations. Currency values reported in: Millions of EUR

SegmentParameterPeriod20182017YoY, %Notes
Advanced MaterialsSales Revenue20184385.04370.0.31
Advanced MaterialsadjEBITDA20181197.01202.0-.4
Advanced MaterialsadjEBIT2018895.0896.0-.1
Precipitated SilicaSales Revenue2018442.0443.0-.22
Advanced MaterialsSales Revenue2018/41093.01047.04.43
Advanced MaterialsadjEBITDA2018/4275.0260.05.8
Advanced MaterialsadjEBIT2018/4191.0182.04.9
Precipitated SilicaSales Revenue2018/4110.0107.02.8


Kolon Industries: 2018 Q4 Results  Link...

Kolon Industries: Sales revenues up - profitability down.

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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue20184753000.04607000.03.2
All SegmentsEBIT2018145000.0198000.0-26.8
All SegmentsNet Margin201843000.0132000.0-67.4
ChemicalsSales Revenue2018900000.0874000.03.0
ChemicalsEBIT201884000.095000.0-11.6
All SegmentsSales Revenue2018/41327000.01247000.06.41
All SegmentsEBIT2018/432000.052000.0-38.52
All SegmentsNet Margin2018/4-19000.020000.0-195.0
ChemicalsSales Revenue2018/4221000.0220000.0.5
ChemicalsEBIT2018/420000.024000.0-16.73


Tokai Group: 2018 FY and Q4 Results  Link...

Tokai Group: Following the acquisition of Sid Richardson in September 2018, Tokai are now adjusting their mid term management plan to leverage their new postion. The plan for the furnace carbon black part of the business has three parts: 1) Improve the margin position for the North American business where market supply is tight and share technology with other locations, 2) Manage feedstock use, energy recovery while reducing costs and improving output, 3) Increase product mix to high value-added products by sharing information on products developed in Japan. Tokai list their strengths as strategic production in global areas with tight supply (North America, Southeast Asia), technology for handling multiple feedstock types and ongoing development of high value products with major tire manufacturers.

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

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue201876926.047828.060.81
Carbon BlackEBIT201810629.06868.054.82
Carbon BlackSales Revenue2018/427939.012465.0124.13
Carbon BlackEBIT2018/42834.01559.081.8


Longxing Chemical Stock: 2018 FY and Q4 Results  Link...

Longxing Chemical Stock: Longxing's overall net profit has increased from 50 MM RMB in 2017 to 133 MM RMB in 2018. Gross margin as a percentage of sales for the carbon black business droped from 17.2 to 15.2 percent over this period. Contributions to the increased net profit come from reduced sales costs and reduced financial expense plus others.

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. Currency values reported in: Millions of CNY

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue20182872.12457.216.9
Carbon BlackGross Margin2018436.6423.63.1
All SegmentsSales Revenue2018/4941.6719.930.8
All SegmentsNet Margin2018/437.6-19.7291.0


Thai Lube Base PCL: 2018 Q4 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/45941.04531.031.11
All SegmentsEBITDA2018/4209.0565.0-63.0
All SegmentsNet Margin2018/4145.0365.0-60.32


Thai Carbon: 2018 Q3 Results  Link...

Thai Carbon: Sales up 21.7 percent, operating margin up 37.7 percent.

Thai Carbon report in one segment: Carbon Black. The results are consolidated for the Thai operation and also for the Birla Carbon plant in China. Currency values reported in: Millions of THB

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue2018/32243.81843.021.7
Carbon BlackEBIT2018/3426.4309.637.71


Trelleborg A.B.: Assumes Full Ownership of North American Max Seal Joint Venture  Link...

Trelleborg, through its Industrial Solutions Business, has assumed full ownership of the joint venture with Max Seal. This includes a manufacturing facility based in Tijuana, Mexico, that produces watertight seals for a variety of plastic and double corrugated wall pipe systems for water and wastewater.


Goodyear: Planning Layoffs at Gadsden, Alabama Plant  Link...

Goodyear is planning to reduce tire production at the Gadsden, Alabama plant in Q2 with an associated reduction in the work force.


Bridgestone: Planning New Firestone Racing Tire Manufacturing Facility  Link...

In support of the five year partnership extension between INDYCAR and Bridgestone Americas, Bridgestone have announced plans to build a new state-of-the-art racing tire manufacturing facility in Akron, Ohio. The new facility will be in close proximity to the current race tire manufacturing unit also based in Akron, Ohio.


Arakawa Chemical Industries: 2018 Q3 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. Currency values reported in: Millions of JPY

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/321032.021171.0-.7
All SegmentsNet Margin2018/32119.0865.0145.0
All SegmentsEBITDA2018/31936.02199.0-12.0
All SegmentsEBIT2018/31201.01535.0-21.8
AdhesivesSales Revenue2018/37115.07491.0-5.01
AdhesivesEBIT2018/3430.0537.0-19.9


Cabot Corporation: 2019 Q1 Results  Link...

Cabot Corporation: 2019 tire customer agreements result in volume and price gains in all regions. Difficult market conditions in China along with the impact from significant fluctuations in feedstock pricing are expected to continue into Q2. Some recovery is expected after the Chinese New Year.

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

SegmentParameterPeriod20192018YoY, %Notes
Rubber BlackSales Revenue2019/1457.0387.018.11
Rubber BlackEBITDA2019/178.079.0-1.3
Rubber BlackEBIT2019/162.062.0.0
Rubber BlackSales Vol YoY %2019/1101.0103.0-1.92
Specialist BlackSales Revenue2019/1167.0160.04.43
Specialist BlackEBITDA2019/134.741.2-15.8
Specialist BlackEBIT2019/126.032.8-20.74
Specialist BlackSales Vol YoY %2019/197.0109.0-11.0


Environmental Waste International: Signs MOU's for TR40 Waste Tire System  Link...

Environmental Waste International (EWI) has signed a memorandum of understanding with three companies for the sale of a TR40 waste tire system using EWI's proprietary technology.


Eastman: 2018 FY and Q4 Results  Link...

Eastman: Challenging Q4 2018 conditions expected to persist into Q1 2019. Expected benefits in lower raw material costs as year progresses.

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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue201810151.09549.06.31
All SegmentsEBIT20181552.01545.0.52
All SegmentsNet Margin20181084.01474.0-26.5
Additives Functional ProductsSales Revenue20183647.03343.09.13
Additives Functional ProductsEBIT2018639.0646.0-1.14
All SegmentsSales Revenue2018/42376.02362.0.65
All SegmentsEBIT2018/4135.0268.0-49.66
All SegmentsNet Margin2018/435.0581.0-94.0
Additives Functional ProductsSales Revenue2018/4851.0854.0-.4
Additives Functional ProductsEBIT2018/485.0149.0-43.0


January (2019)

Phillips Carbon Black Ltd: 2018 Q3 Results  Link...

Phillips Carbon Black Ltd: Continuing to show strong financial performance.

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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/39458.96124.054.5
All SegmentsEBIT2018/31672.11079.554.9
All SegmentsNet Margin2018/31085.8565.991.9
Carbon BlackSales Revenue2018/39197.15924.655.2
Carbon BlackEBIT2018/31674.3870.492.4
Carbon BlackSales Revenue2018/39197.15924.655.2
Carbon BlackEBIT2018/31674.3870.492.4


ETRMA: Member Consumer Tyre Sales for 2018 Show Stable Levels  Link...

The ETRMA has published its members' sales for the year 2018 and Q4.
Consumer tyres had a 1% increase in the replacment segment with notable growth in the all season category. There was a 4% decrease in the OE segment. Truck tires had strong growth in replacement and modest growth for OE. Agricultural tires sales declined and have shown poor results for five consecutive years.


Preferred Compounding: Acquires Valley Rubber Mixing  Link...

Preferred Compounding has acquired Akron, Ohio based Valley Rubber Mixing (VRM). VRM is a custom compounding business with mixing and calendering capabilities. The assets of VRM will be consolidated into current Preferred Compounding sites.


Michelin: Acquires Indonesian Tire Manufacturer Multistrada  Link...

Michelin has acquired leading Indonesian tire manufacturer PT Multistrada Arah Sarana Tbk. Acquired production capaacity is more than 180 kMT strategically placed in Indonesia's fast-growing market.


Atul Ltd: 2018 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/310194.98036.826.9
All SegmentsEBIT2018/31791.51006.678.0
All SegmentsNet Margin2018/31168.9659.977.1
Performance ChemicalsSales Revenue2018/37583.85921.028.1
Performance ChemicalsEBIT2018/31429.2803.777.8
Performance ChemicalsSales Revenue2018/37583.85921.028.1
Performance ChemicalsEBIT2018/31429.2803.777.8


Mangalam Organics Limited: 2018 Q3 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/31214.3783.655.0
All SegmentsEBIT2018/3375.654.3591.2
All SegmentsNet Margin2018/3262.738.1589.5


Shandong Jinneng Coal Gasification Co., Ltd: Jinneng Science & Technology Breaks Ground on New Carbon Black Production Site  Link...

Jinneng Science and Technology has broken ground on its new carbon black production site located in Qingdao, China. The carbon black plant is included in phase I of a major chemicals expansion project and will consist of eight 60 kMTpa capacity lines giving a total production capacity of 480 kMTpa.


RCCL News:

Rubber Chemical Consultants Attending Tire Technology Expo 2019, Hannover, Germany  Link...

rccl tire tech expo 2019

Rubber Chemical Consultants will be attending Tire Technology Expo 2019 from Tuesday March 5th to Thursday March 7th.

If you have an interest in tire rubber chemical market trends, volumes, values and prices then please contact Rubber Chemical Consultants to arrange a discussion.

We look forward to meeting past, present and future clients at this prestigious event.


Trelleborg A.B.: Enters Joint Venture in Malaysia for Production of Composite Hoses  Link...

Trelleborg's Industrial Solutions business has signed an agreement with Wellcall Hodlings Bhd. to form a joint venture in Malaysia to manufacture and sell composite industrial hoses. First hoses are to be produced in 2020, the typical applications being road and rail tanker, aviation fuel and aggressive chemical hoses.


CooperStandard: Supplying Fortrex™ to 2020 Ford Explorer  Link...

Cooper Standard is supplying its Fortrex™ lightweight elastomeric material to the newly introduced (sixth generation) Ford Explorer. As well as static sealing systems, Cooper Standard is also supplying this vehicle with engine cooling hose assemblies (including e-motor and battery) as well as transmission oil cooler hose assemblies.


Sumitomo Rubber Industries: Furthers Research into Rubber Failure Aiming to Improve Wear Resistance  Link...

Sumitomo Rubber Industries Ltd has announced the results of a joint research project with the Leibniz Institue for Polymer Research into the mechanisms behind rubber failure. This research has shed light onto the unknown mechanism that causes microscopic voids within rubber leading to the formation and propagation of cracks.
The findings create new possibilities for future development of rubber compounds with improved wear resistance.


RCCL News:

January 2019 Newsletter Now Available  Link...

Rubber Chemical Consultants Ltd, a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce the issue of its January 2019 quarterly newsletter.

This edition focuses on the tire rubber chemicals market, with excerpts from RCCL’s latest report: Tire Rubber Chemicals Market: Past-Present-Future. Topics covered include: Market drivers, volumes, values and industry outlook.

Other content includes industry changes, compounding volumes and transitions for the tire, rubber goods and plastics segments with summaries for 2018.

This newsletter is free to subscribers with an official company email.

rubber chemical consultants Jan 2019 newsletter

TGL SP Industries Ltd: Acquiring Autolife Industries Ltd  Link...

TGL SP Industries Ltd has signed a definitive agreement to acquire Autolife Industries, both companies are located in Israel.


December (2018)

Orion Engineered Carbons: Implementing EPA Surcharge in North America  Link...

Orion Engineered Carbons has introduced an EPA surcharge to price agreements for all customers of products produced in North America for 2019. The surcharge is intended to offset incremental variable costs associated with Orion's compliance with its 2017 consent decree with the US EPA. The surcharge will be reviewed on a quarterly basis with the first surcharge being 1.5 cent per pound from April 1st 2019.


Goodyear: Expanding Slovenian Tire Plant  Link...

Goodyear is planning to expand capacity at its Kranj plant in Slovenia by adding capabilities for larger diameter tires. The expansion will expand capacity by 1.8 million tires pa and will be complete by 2022.


Bridgestone: Selects Dassault Systèms for Smart Factory Program  Link...

Dassault Systèmes is supporting Bridgestone EMEA on its new smart factory program to optimize plant performance by digitally transforming its tire production planning and execution across Europe. Bridgestone EMEA will use the DELMIA Apriso and QUINTIQ applications powered by the 3DEXPERIENCE platform to manage its manufacturing operations, its production planning and to optimize eight production sites in Europe. All their intelligent connected systems including thousands of machines, devices and sensors, but also Bridgestone employees will be synchronized in a virtual environment that will provide a single source of real-time data on production and maintenance activities. Bridgestone EMEA will therefore be able to reduce the planning cycle from weeks to days, increase the use of plant assets, and quickly respond to production disruptions using one integrated solution.


Semperit AG Holdings: Sells Italian Hose Plant to Matec Group  Link...

Semperit, as part of a strategic focus initiative, has sold its Italian Semperflex production site Roiter in Rovigo, Italy to the Italian Matec Group. In the future, Semperflex will focus on the European mega factory in Odry/Czech Republic and the two large Asian plants in addition to its headquarters in Wimpassing/Lower Austria.


Megadyne Group: Merges with Ammeraal Beltech  Link...

Megadyne Group and Ammeraal Beltech announce their new merged name: AMMEGA


Shenzhen Kingtitan Technology Co Ltd: Guangxi Subsidiary Building an Airless Tire Facility  Link...

Guangxi KingtitanTechnology Co., Ltd a wholly-owned subsidiary of Shenzhen Kingtitan Technology is building an airless tire facility in Guangxi province, China. The facility will have a production capacity of 10 million units in the first phase. Products reportedly include tires for bicycles, karts, and cars.


Borflex Rubber: Acquires Rex-Articoli Tecnici  Link...

The Borflex Group has acquired Swill company Rex Articoli Tecnici whic specialises in the design and production of rubber and thermoplastic parts.


AirBoss Rubber Compounding: Expanding Kitchener and Scotland Neck Plants  Link...

Airboss of America Corp is expanding its mixing capabilities at its plants in Scotland Neck, North Carolina and Kitchener, Ontario.
The Scotland Neck plant is having an new rubber compounding line installed which will double the facilities rubber mixing capacity. The expansion will be complete by July 2019.
AirBoss’ Kitchener facility is already one of the largest custom rubber compounding facilities in North America and will soon be poised to better serve the specialty compound market. The expansion at this plant will consist of the addition of a new dedicated white and colour mixing line. This state of the art mixing line is expected to increase AirBoss' market penetration in the areas of white and coloured specialty rubber compounds driven by improved quality and decreased production costs for these types of products. This new mixing line is expected to be fully operational by March of 2019.


Cooper Tire & Rubber Co: Announce Joint Venture with Sailun for New TBR Plant in Vietnam  Link...

Cooper Tire & Rubber Company has a agreed to form a joint venture with Sailun Vietnam Co to build a TBR plant with an anual capacity of 2 million tires. The plant will be built new Ho Chi Minh City, Vietnam at the site of Sailun's existing facility. Cooper will own 35 percent of the new venture.


Tokai Group: Cancarb Ltd, Expanding Thermal Carbon Black Capacity  Link...

Cancarb Ltd, a subsidiary of Tokai Carbon Co Ltd, is proceeding immediately with an expansion of its thermal carbon black production capacity. Targeted completion of line 6 is summer 2020 adding an addition 9 kMTpa capacity.


CooperStandard: Licenses its Fortrex Material Science Platform to Global Material Formulator PolyOne Corp  Link...

Cooper Standard has licensed its proprietary Fortrex™ material platform to PolyOne Corp., a provider of specialized polymer materials, services and solutions. With its extensive commercial resources, customer base and materials science capabilities, PolyOne can now sell Fortrex™-based formulations into select markets within key consumer and industrial segments, including applications in electrical / electronics, healthcare and complex industrial products. Cooper Standard exclusively retains all rights to Fortrex™ in its product lines.


Goodyear: Ceasing Production at Venezuelan Factory  Link...

Goodyear is to cease production at its Venezuelan factory due to economic conditions. Severance payments reportedly include provision for giving each employee 10 tires due to their high value in a country with severely limited resources.


Cassandra Oil AB: Reaktor ApS Granted Environmental Permit  Link...

Cassandra's partner in Denmark, Reaktor ApS has been granted the environmental permit from Halsnäs Municipality for the installation of a CASO reactor in Frederiksværk in Denmark.


Brisa Bridgestone: Production Starts at New Smart Factory in Aksaray, Turkey  Link...

Brisa Bridgestone has started production at its new smart PC and LT tire plant in central Turkey. The new plant is rated at 4.2 million tires pa.


U.S. Tire Manufacturers Association: Expecting Increase for 2018 U.S. Tire Shipments  Link...

The U.S. Tire Manufacturers Association (USTMA) is projecting a 2.7% year-on-year increase in total tire shipments for 2018. OE PC tire shipments are expected to increase by 1 million units with replacement (RP) PC shipments increasing by 5.2 million. Mixed results are anticipated for ligh truck tires with a decrease in OE and an increase in RP. Increases are projected for both OE and RP truck tires.


Trelleborg A.B.: Investing in India for Production of Tires for Two-Wheeled Vehicles  Link...

Trelleborg has, through its Trelleborg Wheel Systems business area, decided to invest in a production facility in India for the manufacture of tires for two-wheeled motor vehicles, thereby creating a platform for global growth and increased production capacity. The investment forms part of Trelleborg’s strategy to strengthen its positions in attractive market segments. Trelleborg's existing manufacturing base for two wheeled motor vehicles is concentrated in Europe, with products including enduro, motocross, scooters, mopeds and motorcycles. This investment will allow continued growth in Europe and also in regions such as North America and selected parts of Asia.


November (2018)

Bridgestone: Reorganising Diversified Products Business  Link...

Bridgestone is currently reorganising its diversified products business to enable a focus on solutions versus products. The objective is to leverage integration of the group's product portfolio to meet the needs of specific market segments such as mining, agriculture and fleet management. The diversified products group includes conveyor belts, hydraulic hoses, rubber tracks, automotive parts, seismic isolators, construction materials and sports equipment.


Marangoni: Announce Partnership Agreement with Borrachas Vipal SA  Link...

Marangoni Spa and Borrachas Vipal SA announce the definition of a partnership agreement aimed at increasing the synergies and productivity, strengthening the industrial and commercial organisation of both groups. This will lead to the creation of the largest global independent player in the tyre retreading sector. The project will develop in 2019. The first phase will involve activities in the Americas.


Denka: Price Revision of DENKA BLACK and DENKA BLACK Li  Link...

Applicable to deliveries from January 2019, Denka is increasing prices by 20%. Denka is a leading producer of acetylene black used for its purity and electrical conductivity in many varied applications. The price increase is required to maintain business sustainability and reliable supply.


Tokai Group: 2018 Q3 Results  Link...

Tokai Carbon continues to benefit from robust tire and automotive industry demand. The acquisition of Sid Richardson, which was converted into a Tokai Carbon subsidiary from September 2018 has added to sales and operating income.

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

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue2018/319794.011892.066.41
Carbon BlackEBIT2018/32596.01912.035.82


Thai Carbon: 2018 Q2 Results  Link...

Thai Carbon report in one segment: Carbon Black. The results are consolidated for the Thai operation and also for the Birla Carbon plant in China. Currency values reported in: Millions of THB

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue2018/22096.41768.718.5
Carbon BlackEBIT2018/2376.8385.4-2.21


H&R Group: 2018 Q3 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/3283.3257.210.21
All SegmentsEBITDA2018/318.527.9-33.7
All SegmentsEBIT2018/310.119.3-47.7
All SegmentsNet Margin2018/35.312.5-57.6


Bridgestone: Expansion of Warren County, Tennessee Truck Tire Plant  Link...

Bridgestone is expanding its Warren County, Tennessee truck tire plant.The $40 million expansion will increase plant capacity by 275 tires per day, bringing daily production capacity to 9400 by the end of 2020. The investment will increase capacity and also improve capabilities to deliver next-generation products for mobility efficiency.


Mangalam Organics Limited: 2018 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/21090.9711.553.3
All SegmentsEBIT2018/2205.159.3245.6
All SegmentsNet Margin2018/2185.751.2262.7


Kolon Industries: 2018 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/31133000.01086000.04.31
All SegmentsEBIT2018/322000.046000.0-52.2
All SegmentsNet Margin2018/3-4000.032000.0-112.52
ChemicalsSales Revenue2018/3224000.0217000.03.2
ChemicalsEBIT2018/320000.025000.0-20.03


Orion Engineered Carbons USD: 2018 Q3 Results  Link...

Orion Engineered Carbons: Rubber segment records record quarterly profit. Strong results were seen across the entire rubber segment supported by a healthy market environment and a focus on improving the technical mix of products. Rubber volumes were down due to product reallignment in South Korea, without this effect volumes were up 2.7%. Profitability in the specialist segment was impacted by the pass-on of higher feedstock pricing.

Orion Engineered Carbons manufactures furnace carbon black as well as thermal, gas and lampblacks 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

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue2018/3394.0334.917.61
Carbon BlackadjEBITDA2018/372.664.113.2
Carbon BlackEBIT2018/341.833.425.4
Rubber BlackSales Revenue2018/3259.8209.923.82
Rubber BlackadjEBITDA2018/337.923.759.9
Rubber BlackSales Vol MT2018/3202000.0206300.0-2.13
Specialist BlackSales Revenue2018/3134.2125.17.34
Specialist BlackadjEBITDA2018/334.740.3-13.9
Specialist BlackSales Vol MT2018/364700.066600.0-2.95


RCCL News:

New Report: Tire Rubber Chemicals Market 2018 Past-Present-Future  Link...
tire rubber chemicals market 2018

Rubber Chemical Consultants Ltd (RCCL) a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce the issue of a new cutting edge rubber chemical industry analysis report.

Tire Rubber Chemicals Market 2018 Past-Present-Future provides a high level view of the tire rubber chemicals market. The report covers seven tire chemical groups: plasticisers; antidegradants, curatives, coupling agents, process aids, bonding agents and reinforcing resins.

The grouping and use of each tire chemical is defined and discussed. This is followed by market drivers common to all tire rubber chemicals. Each group of tire rubber chemicals is dealt with in a separate section detailing key manufacturers, tire chemical group specific market drivers, market pricing, market volumes and market values.

This report is the ideal starting place for those wishing to obtain a balanced view of the tire rubber chemical market place.


Cabot Corporation: 2018 FY and Q4 Results  Link...

Cabot Corporation: Cabot are positioned well to capitalise on the favourable market conditions for furnace carbon black. In the reinforcement segment expansions are underway in Indonesia as well as a major debottlenecking program on a global basis. The specialist carbon black segment is benefiting from acquistions of TechBlend (a specialist in carbon black masterbatches) and NSCC (as speciality carbon black plant in China). Cabot see a positive outlook for the short term with a balanced suppy/demand market scenario and postive outcomes for forward 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

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue20182505.02004.025.0
Carbon BlackEBIT2018421.2330.927.3
Rubber BlackSales Revenue20181774.01381.028.51
Rubber BlackEBIT2018279.0193.044.62
Specialist BlackSales Revenue2018731.0623.017.33
Specialist BlackEBIT2018142.2137.93.1
Rubber BlackSales Revenue2018/4467.0367.027.24
Rubber BlackEBIT2018/464.048.033.3
Rubber BlackSales Vol YoY %2018/4104.0104.0.05
Specialist BlackSales Revenue2018/4183.0169.08.36
Specialist BlackEBIT2018/428.537.8-24.6
Specialist BlackSales Vol YoY %2018/4106.0110.0-3.6


Momentive Performance Materials Inc: 2018 Q3 Results  Link...

Momentive Performance Materials Inc: Strong Q3 results driven by market dynamics and continued focus on speciality applications. Definitive merger agreement ongoing to position the company for long term growth.

Momentive Performance Materials Inc manufactures silicones, silicone derivatives, organo fuctional silanes, quartz and ceramics. Momentive reported in two segments: Silicones and Quartz up until Q2 2017. Post Q2 2017 they report in three segments, with silanes residing in the functional additives segment. Rubber Chemical Consultants tracks the company results and the functional additives segment results which include organosilanes used in the manufacture of silica reinforced tire compounds. Currency values reported in: Millions of USD

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/3687.0594.015.7
All SegmentsEBITDA2018/3102.067.052.21
All SegmentsEBIT2018/350.017.0194.1
All SegmentsNet Margin2018/318.0-8.0325.0
Performance AdditivesSales Revenue2018/3239.0223.07.2
Performance AdditivesEBITDA2018/347.045.04.4


Thai Lube Base PCL: 2018 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/35007.04485.011.61
All SegmentsEBITDA2018/3222.0649.0-65.8
All SegmentsNet Margin2018/3158.0435.0-63.7


Solvay: 2018 Q3 Results  Link...

Solvay operate with four reporting segments, plus corporate and business services. Rubber Chemical Consultants track the Advanced Materials segment which includes Solvay's precipitated silica operations. Currency values reported in: Millions of EUR

SegmentParameterPeriod20182017YoY, %Notes
Advanced MaterialsSales Revenue2018/31082.01052.02.91
Advanced MaterialsadjEBITDA2018/3292.0294.0-.7
Advanced MaterialsadjEBIT2018/3218.0206.05.8
Precipitated SilicaSales Revenue2018/3109.0106.02.82


Evonik Industries: 2018 Q3 Results  Link...

Evonik currently reports in four segments. The silica and silane activities reside in the Resource Efficiency segment. Rubber Chemical Consultants tracks the Resource Efficiency segment. Currency values reported in: Millions of EUR

SegmentParameterPeriod20182017YoY, %Notes
Resource EfficiencySales Revenue2018/31426.01359.04.91
Resource EfficiencyEBITDA2018/3338.0312.08.3
Resource EfficiencyEBIT2018/3261.0226.015.5


Michelin: Planning to Close Factory in Dundee, Scotland.  Link...

Michelin plans to close its factory in Dundee, Scotland by the middle of 2020. Strong competition form cheap tires from Asia as well as lower demand for smaller premium tires was a strong driver for the decision. Conversion of the facility to larger premium tires was not considered financially viable.


CooperStandard: Divesting Anti-Vibration Systems Business to Continental AG  Link...

Cooper Standard have announced that they have reached an agreement regarding the divestiture of its anti-vibrations systems (AVS) business to Continental AG. The agreement includes a binding offer from Continental AG to purchase substantially all of Cooper Standard's anti-vibration business in France and its respective interest in the joint venture in India on the basis of which the parties will pursue signing of an agreement in the next few weeks, once works council consultations have taken place. Completion of the divestiture is subject to the approval of the respective antitrust authorities and the signature of the aforesaid agreement for the French business.


Orion Engineered Carbons: Acquires French Acetylene Carbon Black Manufacturer SN2A  Link...

Orion Engineered Carbons have reached an agreement to acquire acetylene carbon black manufacturer Société du Noir d'Acétylène de l'Aubette, SAS (SN2A) from LyondellBasell Industries Holdings B.V. and its French affiliate. Orion see this as a bolt-on acquistion fitting their focus on speciality carbon blacks where acetylene black offers additional opportunities, especially in lithium-ion batteries and high performance electrical cables.


Kraiburg TPE: Announce New TPE Class - TEH Thermoplastic Elastomer Hybrids  Link...

Kraiburg TPE is introducing a new innovative technology for thermoplastic elastomers. The hybid technology enables combination of elastomers other than the standard EPDM/PP blends typically used. This allows expansion of the use envelope, with applications targetted at the automotive under hood segment with heat resistance up to 150C. The performance properties of TEH materials include hardness from 55 to 80 Shore A, permanent operating temperatures of up to 150 °C and chemical stability against materials such as oils, lubricants, fuels and coolants. They are particularly suitable for use in the environment of combustion engines, in heat management of drives and batteries for electric vehicles, as well as in lubrication and cooling systems of machines, process technology and buildings. Direct applications include seals and gaskets, plugs and connectors, lids and covers.


CooperStandard: Planning to Sell Anti-Vibrations Business  Link...

Cooper Standard's company management have approved a plan to sell its Anti-Vibrations business. The sale is expected to be complete within a year of the approval.


Arakawa Chemical Industries: 2018 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. Currency values reported in: Millions of JPY

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/219743.020052.0-1.5
All SegmentsEBITDA2018/21511.01672.0-9.6
All SegmentsEBIT2018/2823.01032.0-20.3
All SegmentsNet Margin2018/2649.0943.0-31.2
AdhesivesSales Revenue2018/26891.07013.0-1.7
AdhesivesEBIT2018/2659.0568.016.0


October (2018)

Phillips Carbon Black Ltd: 2018 Q2 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

SegmentParameterPeriod20182017YoY, %Notes
Carbon BlackSales Revenue2018/28562.95800.347.6
Carbon BlackEBIT2018/21638.6878.486.5
PowerSales Revenue2018/2387.2307.825.8
PowerEBIT2018/2251.6180.139.7


Atul Ltd: 2018 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/210074.27872.528.0
All SegmentsEBIT2018/28469.31066.0694.5
All SegmentsNet Margin2018/21190.2700.769.9
Performance ChemicalsSales Revenue2018/27052.15620.225.5
Performance ChemicalsEBIT2018/21216.1711.470.9


Kraton Corporation: 2018 Q3 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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/3202.1196.82.71
All SegmentsadjEBITDA2018/341.644.3-6.0
All SegmentsEBIT2018/327.523.716.0
All SegmentsSales Vol MT2018/3105900.0107800.0-1.8


Eastman: 2018 Q3 Results  Link...

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

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/32547.02465.03.3
All SegmentsEBIT2018/3517.0460.012.4
All SegmentsNet Margin2018/3412.0324.027.2
Additives Functional ProductsSales Revenue2018/3915.0886.03.31
Additives Functional ProductsEBIT2018/3186.0186.0.02


Pyrolyx AG: Indiana Plant on Track  Link...

Pyrolyx AG confirms that construction of the Pyrolyx USA Terre Haute, Indiana plant continues, and the operations are expected to be mechanically complete in May 2019, and then fully operational in June, 2019.


Evonik Industries: Starts Production of Precipitated Silica in South Carolina  Link...

Evonik Industries has started production of precipitated silica at its new plant in South Carolina, USA. Evonik invested approximately $120 million in this world scale production plant responding to high demand from the tire industry in North America.


RCCL News:

October 2018 Newsletter Now Available  Link...

Rubber Chemical Consultants Ltd, a provider of client driven, bespoke rubber chemical market insight projects and reports is pleased to announce the issue of its October 2018 quarterly newsletter.

This edition focuses on the tire fillers market, with excerpts from RCCL’s latest report: Tire Fillers Market Report 2018 Past-Present-Future. Topics covered include: Market drivers, volumes, values and industry outlook.

Other content includes industry changes, compounding volumes and transitions for the tire, rubber goods and plastics segments.

This newsletter is free to subscribers with an official company email.

rubber chemical consultants july 2018 newsletter

Cabot Corporation: Acquires NSCC Carbon (Jiangsu) Co Carbon Black Plant in China  Link...

Cabot Corporation has acquired NSCC Carbon (Jiangsu) Co Ltd from Nippon Steel Carbon Co Ltd a subsidiary of Nippon Steel Chemical & Material Co Ltd. The facility in Pizhou, Jiangsu was commissioned in 2015 and has a capacity of 50 kMTpa serving speciality carbon products. The plant will be temporarily mothballed in order to implement technology upgrades.


Hexpol AB: Acquires 80 Percent of Shares in MESGO Group  Link...

Hexpol has acquired 80 percent of the shares in MESGO Group. MESGO is an industry leader in high performance compounding using fluorcarbons and silicone rubbers.


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