News from Notch Consulting, Inc.

January 26, 2015

Commerce Department sets preliminary China tire dumping duties

Filed under: Tires — Notch @ 6:35 am

As reported by Rubber News, the International Trade Administration announced last week that it has set preliminary antidumping duties on passenger and light truck tires imported from China at levels ranging from 19.17% to 87.99%, with rates for many of the better-known producers/brands set at 27.72%. The is scheduled to announce its final determination in the antidumping case on or about June 12. The Department of Commerce defines dumping as a foreign company selling a product in the US at less than its fair value.

The preliminary China-wide rate for Chinese tire exporters and producers was 87.99 percent, Commerce said. Giti Tire Global Trading Pte. Ltd. and its subsidiaries were found to have a dumping rate of 19.17 percent, and Sailun Group Co. Ltd. and its subsidiaries and affiliates, including Husky Tire Corp., were levied a dumping rate of 36.26 percent, the agency said.

Commerce found 65 “Separate Rate Companies” to have dumping margins of 27.72 percent. These companies included well-known companies such as Cooper Tire & Rubber Co., Bridgestone Corp., Goodyear Dalian Tire Co. Ltd., Hankook Tire China Co. Ltd., Kenda Rubber (China) Co. Ltd., Kumho Tire Co. Inc., Pirelli Tyre Co. Ltd., Qingdao Sentury Tire Co. LTd., Shandong Linglong Tyre Co. Ltd., Toyo Tire (Zhangjiagang) Co. Ltd. and Triangle Tyre Co. Ltd.

Cancarb names new CEO

Filed under: Carbon Black — Notch @ 6:30 am

On January 22, Cancarb Limited announced that its current President and CEO, Dave Petrie, will retire as of March 31, 2015. Mr. Petrie worked in various capacity at Cancarb for 19 years, and has been President since October 2008. Mr. Petrie’s successor as President and CEO is Ken Tate, who was previously the President of Cancarb from 2004 to 2006. He has more than 25 years of experience in the natural gas and power sectors.

Cancarb is the world’s leading producer of medium thermal black from its production plant in Alberta, Canada. In 2014, Cancarb was acquired by Tokai Carbon Co. Ltd.

Mr. Petrie has been a good friend to Notch Consulting and a steady leader at Cancarb during a turbulent time that included the global financial crisis. He will be missed, and we here at Notch wish him the best of luck in all of his future endeavors.

Here is the press release: Cancarb CEO to Retire_1_22_15

 

Orion Engineered Carbons launches Innovation Team to expand product portfolio

Filed under: Carbon Black — Notch @ 6:15 am

Frankfurt-based carbon black producer Orion Engineered Carbons L.L.C. has launched a new Innovation Team that will work with its technical marketing teams to boost its product offerings for both tire and non-tire markets. The new team, which is based at an Orion Applied Technology Laboratory in Germany, will focus on ensuring that the company’s efforts are aligned with customer needs. The team’s activities include both improvements to the manufacturing process as well as the development of new grades. Rubber News has details on the activities of the new team.

 

Create a free website or blog at WordPress.com.