News from Notch Consulting, Inc.

September 14, 2010

Performance Fibers Expanding in China

Filed under: Tire Cord — Notch @ 11:54 pm

On September 8, Performance Fibers announced that it would double its HMLS polyester fiber and fabric capacity at its factory in Kaiping, China over the next 12 to 18 months. The new capacity will produce and convert the latest generations of polyester fibers for tire reinforcement and other industrial uses.

“This latest expansion supports our strategic commitment to supply polyester fiber and fabric to our customers worldwide,” said Richard C. Brown, the company’s chief executive officer, in a press release. “We continue to see significant growth potential in the marketplace and Performance Fibers is moving aggressively to meet that demand.”

Here is the press release.

Bridgestone Launches New Fuel Efficient Tire

Filed under: Silica, Tires — Notch @ 11:48 pm

On September 7, Bridgestone announced the official launch of a new fuel efficient tire, the ECOPIA EP150. The tire was first introduced last year at the International Motor Show (IAA) in Frankfurt, Germany. According to Bridgestone, the tire combines good wet safety with reduced rolling resistance, which results in higher fuel efficiency and lower CO2 emissions.

The tire features a Nano Pro-Tech™ compound that lowers the rolling resistance coefficient by reducing energy loss in the top compound during rotation. This is combined with a tread design featuring a connected block and thin rib that is designed to enhance contact pressure and wet braking performance. Against current Bridgestone products in the same dimensions, Ecopia EP150 offers 15% better rolling resistance which makes it, on average around 3% more fuel efficient and achieves a reduction in CO2 output of around 3%.

Here is the press release.

NHTSA Sets Deadline for Comment Period on New Tire Fuel Efficiency Rule

Filed under: Uncategorized — Notch @ 11:31 pm

From Rubber & Plastics News (subscription required) comes word that NHTSA has set November 2 as the deadline for interested parties to comment on its proposed information collection plan for its tire fuel efficiency rule. NHTSA issued its final rule on tire fuel efficiency ratings on March 25, 2010, and held a public meeting on the rule’s consumer information portion the next day.

The agency seeks comment on whether the information gathered in this program would have practical utility; whether its estimates of the regulatory burden caused by the program is accurate; how to enhance the quality, utility and clarity of the information to be collected; and how to minimize the burden on the respondents, including automated collection techniques or other forms of information technology.

Phillips Carbon Black Gets New CFO

Filed under: Carbon Black, General — Notch @ 11:19 pm

India’s Phillips Carbon Black, a subsidiary of RPG, announced that Jatin Kapoor joined the company as chief financial officer as of September 10, 2010. Jatin Kapoor replaces Altaf Jiwani, who has become the executive director of a separate division of the company.

Adama to Build Tire Recycling Plants in Romania

Filed under: General, Tire Recycling — Notch @ 11:02 pm

A Delaware-based company with headquarters in Israel, Adama Technologies, has announced plans to set up four tire recycling facilities in Romania by 2012. In the release, the company indicates that it expects to generate revenues of Eur100 million annually through the project but does not indicate what tire recycling technology will be employed, what the capacity of the plants will be, what materials will be produced and in what volumes, or what the sales price of these recycled materials would be.

From its website, Adama Technologies appears to be primarily a bioremediation company focused on cleaning up polluted industrial sites. The first question on its FAQ page is this:

(Q) Does Adama Tech deal only with Heavy Metal contamination?
(A) Yes, Adama Tech deal and focus only with Heavy Metal contamination.

Here is the press release.

Here is the main text of the release:

Adama Technologies to Establish Tire Recycle Factories in Romania
The Company Signs a Letter of Intent With Local Entrepreneurs to Establish Tire Recycle; Factories Which Will Enable Partial Funding by the European Union and Government Funding

NEW YORK, September 13, 2010 /PRNewswire-FirstCall/ — Adama Technologies Corporation – (OTC BB:ADAC), a clean tech company, today announced that it has signed a Letter of Intent with local entrepreneurs in Romania to establish a line of tire recycle factories, with the ability of partial funding by the European Union and local government. Adama Technologies anticipates the estimated revenues from this new project will generate over EUR100 million annually.

With the substantial aid of the E.U. and governmental funding, the establishment of tire recycle factories is expected to generate a breadth of new jobs in the country and further development of untapped markets in the region. Launching the first tire recycle factory of its kind in Romania, the company expects to open the first factory within the coming year, after which, three additional sites will be set up by 2012.

“The letter of intent we have signed is very important to us and we are very happy with this achievement. Adama’s cooperation with Romania and the EU marks a significant milestone in the company’s goals to expand technology portfolio and open additional markets across the globe,” noted Aviram Malik, CEO of Adama Technologies.

About Adama Technologies Corporation

Adama is a Brownfield remediation company whose foundation lies in its patented technology. The technology successfully treats all metals within the Resource and Recovery Act (RCRA) and Universal Treatment Standards (UTS). The technology has successfully completed the U.S. (EPA) “SITE” program and is ready for commercial use. For further information, visit: http://www.adama-tech.com.

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