The company said the investment builds on its strong position in China, where demand for carbon black continues to grow.
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Zeon sees HNBR increase
Another company that is seeing increasing demand for HNBR is Zeon Chemicals, which is planning to expand capacity for its Zetpol HNBR by 25% at its American plant to come on stream by 2012. The company had previously expanded its…
Lanxess buys more Solutia chemicals and ups HNBR capacity
The company is taking over the Vocol and Santoweb product lines including customer lists, tolling agreements and know-how. Employees of Flexsys are not part of the transaction. The transaction is effective immediately. Terms of the deal have not been disclosed.
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…
Michelin launches major Technology Center upgrade
TO strengthen its innovation capabilities and shorten new tire time-to-market, Michelin has undertaken a top-to-bottom €100 million upgrade of its global research and development center in Ladoux, near Clermont-Ferrand in France. In the center, where 3,300 people work, an entirely…
‘Piezo-Rubber’: New technology harvests electricity from body movements
IN a study in Nano Letters, scientists report that they have developed a flexible, biocompatible rubber film called Piezo-rubber for use in implantable or wearable energy harvesting systems. The material could be used, for instance, to harvest energy from the…
Sumitomo workers OK after disaster
KOBE, Japan (March 15, 2011)—Sumitomo Rubber Industries Ltd. said it had no casualties among workers at its Shirakawa factory following last week’s earthquake and subsequent tsunami in northeastern Japan. SRI also reports there was no critical damage at the car…
Honda restarting motorcycle production March 28th
HONDA has announced that it will be restarting motorcycle production at its Kumamoto factory as of Monday, March 28th. Initially closing all its facilities in Japan after the devastation caused by the Sendai earthquake, Kumamoto will be one of Honda’s…
Equity research on Goodyear Tire & Rubber Co. and Cooper Tire & Rubber Co. – Increasing demand and restrained capacity driving up tire prices
NEW YORK, NY – www.shinesroomonline.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Rubber & Plastics industry and are offering free analytical research on…
Rough day to be in rubber
IN trading on Thursday, rubber plastics stocks were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of Fuwei Films Holdings Limited , off about 7.5% and shares of Spartech off about 1.7%…