SI Group: Strategic Partnership with Liaoning Dingjide Petrochemical Co., Ltd Link...
SI Group has announced a long-term supply partnership with Liaoning Dingjide Petrochemical Co., Ltd. a Chinese-based manufacturer of additives and other specialty chemicals. Through the partnership, Dingjide will manufacture certain SI Group products in China as a co-producer. As a result of the supply agreement, SI Group will cease manufacturing operations at its Jinshan, China manufacturing facility and list the property and associated legal entity for sale.
SI Group: Global Rubber and Adhesive Additives Price Increases Link...
SI Group are increasing prices for its rubber and adhesive additives. Pricing for impacted products will increase by up to 25%, effective immediately or as contracts allow.The increases come as a result of significant inflationary pressures impacting the cost of materials, transportation and operations, as well as regional demand increases.
SI Group: Launches Bio-Renewable Tackifier Link...
SI Group has launched its ELAZTOBOND™ MeltPlus T8-7920 resin – a bio-renewable based tackifier resin delivering superior adhesion and high heat resistance in both pressure sensitive and conventional ethylene vinyl acetate (EVA) hot melt adhesives.
SI Group: Resole Capacity Expansions in USA and India Link...
SI Group is increasing resole production capacity at its Rotterdam Junction, New York and Lote, India production faciities. The goal of this capacity expansion of more than 25% is to propel the sites to become two of the world’s leading resole production and technology locations.
SI Group: Tackifier Capacity Expansion in India Link...
SI Group is increasing tackifier resin capacity at its Lote, India, manufacturing site by an expected 75%. The expansion will propel the site to become a regional hub for best-in-class tackifier resin production and technology. The investment addresses an increasing demand for Novolac tackifiers in one of our core regions. The expansion is slated for completion in two phases. The first phase will be completed by the end of 2021 and the second phase will commercialize in the latter half of 2022.
SI Group: Price Increase for Rubber and Adhesive Additives Link...
SI Group has announced a price increase for its rubber and adhesive additives. The price increases range from 15 to 20% and are effective immediately or as contracts allow. Dynamic market conditions for rubber and adhesive additives was cited at the reason for the price increases, allowing the company to continue providing high quality products with first-rate supply security to customers.
SI Group: Launches Resorcinol-Free and Bio-Renewable Bonding Resin Link...
SI Group have launched ELAZTOBOND™ B8-3410 modified phenol-formaldehyde thermoplastic resin for use in rubber bonding. The resin is based on bio-renewable materials and is resorcinol-free, making it more sustainable and safer than traditional rubber industry bonding resins. The resin offers comparable or improved performance versus tradtional resorcinol based resins.
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.
SI Group: Acquired by SK Capital Partners Link...
SK Capital Partners have made an agreement to acquire SI Group with an aim to combine with SK's Addivant business to create a global leader in the plastic, lubricant, oilfield and rubber additives segments.