News from Notch Consulting, Inc.

November 2, 2017

Cabot Corporation to Acquire Tech Blend

Filed under: Carbon Black — Notch @ 8:52 am

Cabot Corporation has announced it is purchasing Tech Blend, a producer of black masterbatches based in Saint-Jean-sur-Richelieu, Québec, for approximately $64 million. The acquisition extends Cabot’s global footprint in black masterbatch and compounds; provides a platform to serve global customers and grow in conductive formulations; and offers Tech Blend resources and capabilities to support growth.

The company will be managed as part of Cabot’s global specialty compounds business within the Performance Chemicals segment.

“This bolt-on acquisition is a great example of our ‘Advancing the Core’ strategy,” said Cabot President and Chief Executive Officer Sean Keohane. “This acquisition will not only strengthen our global leadership position in black masterbatches and compounds and provide a platform from which to better serve global customers, but it will also support our strategy of driving application innovation with our customers.”

Read the full press release here.

China moves toward uniform tire labelling

Filed under: Tires — Notch @ 8:22 am

With the EU introducing plans in 2012 to inform consumers about a tire’s noise, wet-braking and rolling resistance performance, and Japanese, South Korean and US variants following shortly after, China, the world’s largest tire market is close to releasing its own labelling system. The question is which system? Two versions of labels were seen at the recent Tire+ exhibition in Shanghai, and there may be others.

While China has decided to gradually introduce uniform tire labelling, in practice this means the implementation of a voluntary labelling system in 2017, with some sources reporting that it will become mandatory in 2018. While the government might want labels on tires by the end of 2018, a definitive label has not yet been chosen.

As with all international tire labelling systems, Chinese labels must overcome obstacles in terms of legal definition and testing regime. The China Rubber Industry Association (CRIA) sponsored label, by validating definitions and standards that already exist, is the most direct approach. If a product qualifies for a European tire label, this data can then be used on the Chinese tire label. Since the CRIA is the domestic industry’s largest and most influential association and is quasi-governmental, it is most likely to set the new standard.

While the layout and criteria for the Chinese label resembles the European label with the addition of the CRIA logo, the Chinese label adds a QR code. This allows consumers to access further information using their smartphones, and can be updated in real-time, especially helpful for recalls and other related road safety issues.

A second version of the Chinese tire label is from China Great Tire Rating Assessment (CGTRA) and also features a QR code. The CGTRA design also features treadwear as a fourth category graphically displayed on the label.

So which label will win?

The costs associated with Chinese labelling depend very much on which option you go for. If the label variant requires its own testing, this is clearly a far more expensive option. However, the CRIA system – which is based on validating existing tire label test data – will inevitably be more much affordable. Add in the fact that this association-based system has integrated links to industry and it seems likely that that this label will prevail ahead of its one or two competitors.

Sourced article found here.

Konimpex opens new logistics center in Poland

Filed under: Carbon Black, Rubber Chemicals — Notch @ 7:28 am

Konimpex Ltd., a distributor of raw materials and chemicals for the tire and rubber sector, has opened a new logistics center in Kolo, Poland.

“The logistic operation supports the supply of black and white parts, for carbon black and other materials respectively,” said Konimpex. An ‘up-to date’ decanting station is already in operation along with other enhanced materials-handling and warehousing capabilities, added a company statement.

Established in Poland in 1989, Konimpex is a distributor of products including carbon black and synthetic rubber, serving the global tire and rubber sector.

Recently the company has started offering new logistics services, in addition to its distribution activities, including the delivery of fillers for the tire industry.

Referenced article found here.

Powered by WordPress.com.