News from Notch Consulting, Inc.

February 16, 2018

Tire Technology Expo is coming next week to Hannover

Filed under: Carbon Black, Rubber Chemicals, Silica — Notch @ 4:11 pm

Next week is the annual Tire Technology Expo in Hannover. This is one of the best tire conferences in the world, with a huge trade show and a full 3 day conference of papers. Notch will present a paper during Stream 2, “Business Strategy” on Wednesday, February 21 at 11:00 am. The paper is entitled, “Outlook for Reinforcing Fillers and Rubber Chemicals,” and it covers carbon black, precipitated silica, and rubber chemicals (antidegradants, antioxidants, accelerators). See you there!

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February 8, 2018

Orion increases price of specialty carbon black

Filed under: Carbon Black — Notch @ 1:25 pm

Orion Engineered Carbons announced that it began implementing price increases on all Specialty Carbon Blacks worldwide beginning Jan. 1, 2018.

The increases vary depending on the grade, the sales region, and the end market. These price increases support Orion’s ability to maintain the service levels and technical support required for high quality Specialty Carbon Blacks for its customers.

Himadri Specialty Chemicals to invest in carbon black capacity expansion

Filed under: Carbon Black — Notch @ 1:01 pm

According to the investor report, Himdari’s Q3 2018 sales were up 42 percent YoY mainly backed by pricing gains, partially offset by slightly lower volume. Though raw material costs surged, EBITDA/ton was sharply up by 84 percent YoY on account of better pricing trends for carbon black and CTP (Coal Tar Pitch).

EBITDA margins expanded by 156 bps YoY (204 bps QoQ) reflecting healthy operating leverage. Moderate increase in depreciation and other expenses helped net profit growth of 128% YoY.

While the company reiterated setting up 20,000 MT capacity for advanced carbon material in West Bengal, it revised its capacity expansion plan for carbon black. Instead of 30,000 MT capacity expansion earlier announced, it is now looking for 60,000 MT additional capacity. This would take its total carbon black capacity to 180,000 MT. For the new capacity expansion plans (carbon black & advanced carbon material), the funding requirement would be Rs780 crores.

Read the full press release here.

January 4, 2018

Doublestar to build smart rubber recycling plant

Filed under: Carbon Black, Tire Recycling — Notch @ 3:15 pm

In December, Doublestar broke ground on its smart plant for scrap rubber recycling in Zhumadian, China, in the city’s Runan County.

The plant covers 2.15 million square feet and will be able to handle 200,000 tons of scrap rubber annually when fully operational. The company has budgeted $92.7 million for the project.

The project contains two phases, with 100,000 tons of annual capacity each. Phase 1 is scheduled to be operational by the end of 2018, Doublestar said.

According to the press release, the site will be the world’s first Industry 4.0 site for scrap rubber recycling, with smart technology used in processes such as sorting, rinsing, drying, conveyance, pyrolysis and storage.

The plant also boasts zero emission using Doublestar’s waste treatment technology. With machinery developed by Doublestar, the site will be able to fully recycle scrap tire, generating primary oil, carbon black, steel wire, and gas, the last of which will be used to fuel the plant.

Read the full press release here.

International tire manufacturer places new order on Enviro’s recycled carbon black

Filed under: Carbon Black, Tire Recycling — Notch @ 2:41 pm

A leading tire manufacturer has placed a first order on Enviro’s recycled carbon black, EnviroCB, for immediate delivery.

“Initially the order volume is small, but is expected to increase significantly over time. The customer is a global manufacturer of tires and rubber applications and this order relates to industrial tires”, says Thomas Sörensson, CEO of Enviro.

The order comes after completing thorough material tests.

The delivered EnviroCB will be used for industrial tires manufactured in Sri Lanka.

Read full press release here.

December 12, 2017

AkzoNobel and Black Bear team up to make powder coatings from old tires

Filed under: Carbon Black, Tire Recycling — Notch @ 8:15 am

Tires that have reached the end of the road are being harvested for carbon black and used to produce powder coatings in a new cooperation between AkzoNobel and Dutch company Black Bear.

The Cradle-to-Cradle certified carbon black supplied by Black Bear – which is obtained from end-of-life tires – is being used as pigment in the eco-premium products developed by AkzoNobel’s Powder Coatings business. With this cooperation AkzoNobel not only uses carbon black, traditionally obtained from fossil fuels, with a vastly lower CO2 footprint, but also helps to solve the global waste tire problem.

“This partnership is a great example of how the supply chain can contribute to CO2 savings,” said André Veneman, AkzoNobel’s Director of Sustainability. “We encourage more suppliers to work with us and collectively contribute to develop more sustainable product solutions.”

Powder coatings are an inherently sustainable product as they contain no volatile organic compounds (VOCs) and produce virtually no waste. The majority of products supplied through AkzoNobel’s market-leading Interpon brand also qualify as eco-premium.

Read the full press release here.

Orion Announces New Specialty Carbon Black Production Line in Korea

Filed under: Carbon Black — Notch @ 8:01 am

Orion Engineered Carbons has announced that it has completed construction of a new carbon black production line at its plant in Yeosu, South Korea, to produce specialty products. The line started production on November 23rd and has begun commercial sales.

“This new line in Yeosu will produce premium grades of Specialty Carbon Black for demanding customer applications such as automotive coatings, engineered plastics, printing inks and adhesives & sealants,” said Jack Clem, Orion’s Chief Executive Officer. “It is another step in Orion Engineered Carbons’ ongoing transition to higher value added products for specialty and technically demanding rubber applications.”

The Yeosu Plant has also just completed a major upgrade to a Technical Rubber Carbon Black production line. This line is also back in commercial production.

Read the full press release here.

Birla appoints new head of Specialty Blacks Business

Filed under: Carbon Black, Rubber Chemicals — Notch @ 7:53 am

Birla Carbon has announced the appointment of Todd Cottrell as president of its Specialty Blacks Business. He will succeed Jas Sandhu who is set to retire.

As President of the Specialty Blacks Business and a member of Birla Carbon’s Senior Management Team, Todd Cottrell will report to John Loudermilk, Chief Operating Officer, Birla Carbon. Cottrell has more than 20 years of experience in specialty chemicals, pigments, coatings, adhesives, and other types of products.

Read the full press release here.

November 20, 2017

Notch updates Carbon Black & Specialty Black reports

Filed under: Carbon Black — Notch @ 12:20 pm

Notch Consulting has recently updated both of its reports covering the global carbon black industry: The Carbon Black World Data Book and World Specialty Blacks. These reports are described in detail below.

Carbon Black World Data Book: The most widely read and authoritative report available on the $10B global carbon black market. The most recent edition was published in July 2017 with quarterly updates through April 2018 and monthly carbon black prices through May 2018. The Data Book provides detailed data on carbon black capacity, production, utilization, and demand by market and type for the world and 26 leading countries. This report covers rubber and specialty furnace blacks.

World Specialty Blacks: Covers the global market for specialty blacks, which are premium grades of carbon blacks used in non-rubber applications. Data provided include specialty blacks demand, prices, market value, production capacity by company and plant, major grades & product lines, and market share by company. World Specialty Blacks is an addendum to the Carbon Black World Data Book, and subscribers to the Data Book receive a special discount on this report. The data encompass the following types of carbon black: specialty furnace blacks (i.e., all furnace blacks used in non-rubber uses); modified furnace blacks (e.g., Ensaco); thermal blacks (including medium and fine thermal black; acetylene blacks; gas & lamp blacks; and superconductive blacks (e.g., Ketjenblack). Markets covered include plastics, conductive polymers, inks & toners, paints & coatings, and other markets.

Contact Notch at info @ notchconsulting.com for details and subscription options for either of these reports.

November 11, 2017

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.

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