Tyre manufacturer Continental has said it will handle part of its purchasing of natural rubber (NR) through the Singapore-based HeveaConnect digital trading platform designed to ensure transparency and sustainability in the NR supply chain. The HeveaConnect platform validates key aspects of…
Category: Industry News
Rubber companies to report annually on sustainability progress
With members of the Global Platform for Sustainable Natural Rubber (GPSNR) accounting for about 50% of global natural rubber volume, a set of detailed sustainability reporting parameters have been approved that all members will be required to complete annually from 2022 onwards, it…
Bridgestone to divest anti-vibration rubber & chemical businesses
Japanese tyre maker Bridgestone Corporation is to sell its anti-vibration rubber and chemical products solutions businesses. The company expects the respective deals will close by the end of July and end of August 2022. The chemical business, comprising automotive seat pad…
Sibur separates rubber/plastics portfolios in Taif merger
The merger of Russian petrochemical firms Sibur and Taif has resulted in a multiple growth in the plastics, elastomers and organic synthesis business, both in absolute production volumes and in the range of products and their scope, it adds. The…
Phillips Carbon to set up 5th carbon black plant in India
Phillips Carbon Black Ltd. (PCBL) plans to establish a greenfield production facility in the southern Indian state of Tamil Nadu with its recent signing of an MoU with the government of Tamil Nadu for setting up its fifth plant in the country. The company says the plant is targeted…
Michelin covers challenges, innovation of 100% sustainable tyres of the future
French tyre maker Michelin, does not need to gaze on a crystal ball to foresee what a “tyre of the future” would look and feel like. The tyre industry is responding to the climate emergency with 100 percent sustainable tyres.…
Cabot ties up with IFF Health for sustainable rubber additives
US carbon black maker Cabot Corporation has tied up with bio-science and engineering firm IFF Health and Biosciences for the development and commercialisation of sustainable reinforcing additives for rubber products. Under the terms of this MOU, Cabot and IFF will exclusively work together…
Cabot set to achieve net zero carbon emissions by 2050
US carbon black maker Cabot Corporation says it is joining other leading companies in the global movement to align its sustainability agenda with the Paris Climate Agreement to achieve net zero emissions by 2050. This ambition demonstrates Cabot’s ongoing commitment to…
Tatneft/KazMunayGas set up jv for US$1 bn BR project
In line with its plans to produce butadiene rubber (BR) in Kazakhstan, Russian oil/gas firm PJSC Tatneft has tied up in a joint venture with Kazakhstan state-owned oil/gas firm KazMunayGas for the implementation of the US$1 billion project to produce butadiene and BR. The plans…
Glove sector gains an upper hand in PPE market
Consumption for rubber gloves has gone up amid workplace safety concerns and the management of emerging infectious diseases like the recent Covid-19 pandemic. Meanwhile, the nitrile butadiene rubber market has responded positively with improved supply. Growing reliance on PPE, a…