News from Notch Consulting, Inc.

November 11, 2017

GRI to open Sri Lanka ag tire plant in January

Filed under: Tires — Tags: — Notch @ 5:55 pm

Global Rubber Industries Pvt. Ltd. (GRI) is prepared to bring on stream in January the radial agricultural and construction tire plant it is building in Badalgama, north of Colombo. Located next to its existing solid industrial tire factory, GRI broke ground on the $40 million facility in late 2016.

The 1.25 million sq.-ft. plant will have a rated capacity of 25 metric tons a day, making it the largest factory in Sri Lanka dedicated to making specialty tires and the first to produce radial agriculture tires, according to GRI.

All the products made at the new plant will be destined for export, the company said.

Referenced article found here.

Himadri Speciality looks to invest ₹628 crore for brownfield expansion

Filed under: Carbon Black — Notch @ 5:22 pm

Himadri Speciality Chemical Ltd, a Kolkata-based integrated specialty carbon company, is looking to invest ₹628 crore for brownfield expansion of its carbon black and advance carbon material units in West Bengal.

According to Anurag Choudhary, CEO, Himadri Speciality, the details regarding the proportion of debt and equity for the capital expenditure would be finalised within a month.

The estimated investment for scaling up its carbon black unit by 30,000 tons a year to 1.5 lakh ton would be close to ₹148 crore. The remaining ₹480 crore (out of ₹628 crore) would go towards 20,000 tons a year capacity addition at its advance carbon material unit.

Referenced article found here.

Grace Announces 2018 Price Increase for Silica-Based Materials Technologies Products

Filed under: Silica — Notch @ 4:52 pm

W. R. Grace & Co. has announced a six percent price increase for silica-based and molecular sieve products sold through its Grace Materials Technologies, effective January 1, 2018.

This pricing action will enable Grace to sustain investment in the best-in-class manufacturing capabilities, increasing regulatory compliance requirements, and R&D demanded by customers across the broad spectrum of industries the company serves.

Read the press release here for a full list of affected products.

Cancarb names COPCI as distributor for France

Filed under: Carbon Black — Notch @ 3:45 pm

Cancarb Ltd. has chosen COPCI S.A.S. as its authorized distributor for Thermax brand thermal carbon black in France, effective Feb. 15.

“Our new partnership with COPCI S.A.S. will re-energize our efforts in marketing Cancarb’s Thermax® products in France,” said Ken Tate, Cancarb President. “COPCI will offer Cancarb’s customers a superior customer service experience, as well as technical assistance and complementary products. COPCI is owned by Cancarb’s German distribution Nordmann, Rassmann GmbH providing the advantages of a more pan-European presence.”

Read the full press release here.

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