Lanxess is paying EUR310 million for the elastomer business of the Dutch company DSM that produces EPDM under the brand name Keltan. DSM Elastomers operates a 160,000-tonnes/year EPDM facility in Sittard-Geleen, the Netherlands,and a 40,000-tonnes/year facility in Triunfo, Brazil.
Category: Feature
Growth aided by market demand
The global market for nitrile butadiene rubber (NBR) is projected to exceed 645,000 tonnes by the year 2017, according to a new report by Global Industry Analysts. The US company’s other report on chloroprene rubber (CR) also predicts growth with the market forecast to reach 445,000 tonnes by the year 2017.
Evonik sells carbon black and plans for IPO
GERMAN chemicals conglomerate Evonik will sell its carbon black unit to US financial investor Rhone Capital, in line with its step to ready itself for a public flotation within the next 15 months. The transaction is valued at over US$1.3…
New extruder supports eco-tyres
WITH the objective of supporting low rolling resistant tyres, KraussMaffei Berstorff has extended its Multiplex extrusion line tyre components by adding the new QuintoPlex line with five extruders. Tyre producers can thus, include additional conductive compounds or other components into…
Too much reclaim in tyres creates furore
Kumho, which has a capacity of 30 million tyres/year at its factories in Tianjin, Nanjing and Changchun, provides tyres to 35 car models produced by major OEMs including GM, Volkswagen, Hyundai, Dongfeng Peugeot Citroen and homegrown brands like Great Wall Motor and Hafei.
Nitrile latex giant created in Malaysia
The country currently caters up to 65% of the world’s natural glove market and also supplies about half of the world’s nitrile glove market.
Tyre sector comes out tops
The OE and replacement tyre markets are expected to push the market along with OE passenger car tyre sales to grow from 290 million units in 2010 to 400 million units by 2020, while replacement car tyre sales will grow from 760 million units in 2010 to 1.2 billion units by 2020.
Doing away with harmful chemicals
In 2009, a particularly problematic hazardous plasticiser, until then indispensible in vibration technology applications with high damping forces and limited ageing, was successfully replaced with harmless alternatives.
Chinese carbon black plant for Cabot
The company said the investment builds on its strong position in China, where demand for carbon black continues to grow.
Rubber prices expected to rise further
THE Malaysian rubber market is expected to continue its uptrend next week supported by higher crude oil prices. A dealer said rising crude oil prices will make synthetic rubber, a product of crude oil, costlier. “Higher crude oil prices will…