Although there are variations by region, manufacturer, and product type, demand for synthetic rubber is increasing amid a general recovery trend in automobile and tire production. Yet in spite of these signs of a turnaround in demand, which had been declining due to inventory adjustments by auto parts manufacturers in the aftermath of the coronavirus pandemic, the environment surrounding synthetic...
Zeon Corp. (TYO:4205) plans to raise its prices for synthetic rubber and synthetic latex beginning with July 1 deliveries. The price of ESBR synthetic rubber is to be increased by 20 yen ($0.15) per kilogram; BR, by 35 yen; NBR and PB, each by 50 yen; and ECO, by 90 yen. The CM price will be revised in accordance with...
Asahi Kasei Corp. (TYO:3407) has developed a proprietary system for calculating the carbon footprint of products (CFP) in its synthetic rubber and elastomer lineups. The system is based in part on the group-wide management infrastructure that Asahi Kasei calls its Data Exploration and Exchange Pipeline (DEEP). Using this new system, Asahi Kasei has managed to visualize CFP for a range...
Asahi Kasei Corp. (TYO:3407) has formed an agreement with Singaporean-based Shell Eastern Petroleum Pte. Ltd. regarding the purchase of sustainable butadiene derived from plastic waste and biomass. By the end of fiscal 2021, Asahi Kasei intends to introduce this sustainable butadiene at its synthetic rubber plant in Singapore, as well as use this butadiene here to begin producing and marketing...
PJSC Nizhnekamskneftekhim (NKNK), Russia’s second largest synthetic rubber manufacturer, held an opening ceremony on May 26 for a new solution-polymerized styrene–butadiene rubber (S-SBR) plant. Incorporating technology and basic design from Japan’s ETIC Inc, it represents the Tatarstanian-based company’s first foray into S-SBR production. Among those present for the ceremony was the president of Tatarstan, Rustam Minnikhanov. With a production capacity...
Trinseo SA, a manufacturer of plastics, latex binders and synthetic rubber, has announced a definitive agreement to sell its synthetic rubber business to Polish company Synthos SA. Based in Schkopau, Germany, Trinseo’s synthetic rubber business has been valued at approximately $491 million. After subtracting pension liabilities, transaction-related costs and taxes, the net cash proceeds from the sale are expected to...
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