News from Notch Consulting, Inc.

July 27, 2018

Cabot Corporation Announces Segment Management Changes

Filed under: Carbon Black — Notch @ 4:01 pm

Cabot Corporation announced that Nicholas Cross, executive vice president and president of the Performance Chemicals segment and Europe, Middle East and Africa (EMEA) region, will step down from these roles at Cabot for personal reasons. Mr. Cross joined Cabot in 2009 as vice president and general manager for the EMEA region and was appointed executive vice president and president, Performance Chemicals segment in 2014. During his tenure, he held a variety of leadership positions, including president of the Specialty Fluids segment.

“I have really enjoyed my time with Cabot, and am grateful to have spent nearly 10 years with this great company. I am proud of the Company’s accomplishments during my tenure and this will stand out as a career highlight for me,” said Cross. “I see exceptionally strong opportunities within the Performance Chemicals segment to accelerate growth and Cabot is uniquely positioned to capture this growth.”

Mr. Cross will remain with the company through the end of January 2019, providing advisory and transition support.

Read the full press release here.

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July 26, 2018

Tokai Carbon raises carbon black prices

Filed under: Carbon Black — Notch @ 12:46 am

On July 17, Tokai Carbon announced it was raising the selling price of carbon black as follows:

1.Price revision
 (a) Scope: Carbon Black of all grades
 (b) Effective date: August 1, 2018 (delivery base)
 (c) Amount: 11.5 Japanese Yen/kg price increase (US$0.10/kg)

2.Background
The escalating raw material oil price of carbon black causes the significant cost increase. This increase is difficult to absorb only by our production cost reduction, measures and the price increase is necessary to ensure Tokai Carbon to maintain the stable supply of our high quality products and services.

July 22, 2018

R&P News editorial on carbon black

Filed under: Carbon Black — Notch @ 9:08 pm

Rubber & Plastics News published an editorial on current conditions in the carbon black industry, highlighting some of the recent developments in the sector. Here is the link.

July 17, 2018

Birla Carbon adding carbon black capacity in Egypt, Italy, India, Thailand, and China

Filed under: Carbon Black — Notch @ 11:05 pm

On July 17, Birla Carbon (Marietta, Georgia and Mumbai, India) announced expansions in multiple regions to support customers in the growing carbon black market. Significant debottlenecking at Birla Carbon’s factories in Egypt and Italy before the end of Q3 2018; restarting a production line in Thailand by the end of Q4 2018; and installing of new production lines in India with a start date of Q4 2019 will enable it to raise its capacities considerably. In total, Birla Carbon will be adding 150,000 tons per year of new capacity on line over the next 18 months. Furthermore, Birla plans to add another 120,000 tons per year at its newest plant in China, though no completion date was announced.

In a press release announcing the projects, Dr. Santrupt Misra, Birla Carbon’s Chief Executive Officer, said “Birla Carbon is committed to supporting our customers’ growing needs in all geographies. Implementation of these projects are underway after a series of development initiatives were identified to meet market requirements.” He further shares, “We have leveraged our latest technology to ensure the highest quality products and most reliable operations.”

Adds John Loudermilk, Chief Operating Officer, “The new capacities will enable us to serve a range of segments including production capability for high value, differentiated products in the tire, rubber goods, and specialty markets.”

July 15, 2018

Orion raising prices for specialty blacks

Filed under: Carbon Black — Notch @ 9:22 pm

Last week, Orion Engineered Carbons announced that it will implement price increases on all Specialty Carbon Blacks worldwide beginning September 1st, 2018. According to the company, these actions are due to the continuously rising costs for raw materials and freight. Increases will vary depending on the product grade, sales region and end market.

July 10, 2018

Birla Carbon raises carbon black prices in EMEA

Filed under: Carbon Black, Uncategorized — Notch @ 5:32 pm

On June 26, Birla Carbon (Hannover, Germany) announced a price increase for carbon black for all non-contract customers in the Europe and Africa region. All shipments of rubber grades made on or after August 1, 2018 in the Europe and Africa region are subject to €94/MT price increase, net of price monthly variation.

July 6, 2018

​Enviro signs MoU with Treadcraft to build tire recycling plant in USA

Filed under: Carbon Black, Tire Recycling — Notch @ 2:49 pm

Enviro has signed an MoU (Memorandum of Understanding) with Treadcraft Limited to establish a new recycling plant in the city of Buffalo, New York.

The project has great support from both the State of New York and the city of Buffalo. The ambition is to start the project at the end of this year, says Thomas Sörensson, CEO Enviro.

The agreement is valid for a period of 6 months and applies to a recycling plant of minimum 30,000 tons of end-of-life tires per year.

Read the full press release here.

July 2, 2018

Birla Carbon initiates name change for all carbon black subsidiaries — Columbian Chemicals Company changes name to Birla Carbon USA, Inc.

Filed under: Carbon Black — Notch @ 12:55 pm

Effective July 1, Columbian Chemicals Company (Marietta, GA) changed its name to Birla Carbon USA. Aditya Birla Carbon (Mumbai, India) acquired Columbian Chemicals in 2011, and the name change is part of a long-term strategy to bring all of the company’s carbon black operations under the single identity and brand of Birla Carbon. All of Columbian Chemicals global operations also have changed over to the Birla Carbon name, including subsidiaries in Canada, China, Germany, Hungary, Italy, Spain, and South Korea. After the name change, Birla Carbon USA will continue to operate in its current structure, and all contacts will remain unchanged; there has been no change in ownership or management. Columbian Chemicals was founded in 1921.

In addition, all of Birla’s global carbon black operations will now be consolidated under the Birla Carbon brand, as follows:

  • Alexandria Carbon Black Company S.A.E in Egypt is now Birla Carbon Egypt S.A.E.
  • SKI Carbon Black (India) Private Limited (formerly Hi-Tech Carbon) in India will change its name to Birla Carbon India Private Limited (proposed)
  • Thai Carbon Black Public Co. Ltd. in Thailand is now Birla Carbon Thailand Public Co. Ltd.

Here is the press release.

June 26, 2018

Tokai Carbon to acquire Sid Richardson

Filed under: Carbon Black — Notch @ 4:26 pm

On June 26, Tokai Carbon’s board of directors signed a contract to acquire Sid Richardson. The acquisition is expected to close in early September 2018, subject to approval by regulatory authorities. The acquisition price was Yen 34.1 billion (US$310M).

Sid Richardson (Fort Worth, TX) has 350 employees and had sales of $311.9 million for the year ended December 2017. Sid operates 3 furnace black factories in the US with 440 KTPY of capacity, as well as a research lab in Fort Worth and a sales office in Akron, Ohio.

Tokai Carbon (Tokyo, Japan) expects to have sales of Yen 204 billion (US$1.8 billion) in FY2018 (before acquisition), of which carbon black accounted for 29%. Tokai Carbon currently operates 452 KTPY of furnace black capacity in Japan (202 KT), China (70 KT), and Thailand (180 KT), as well as 45 KTPY of thermal black capacity in Canada through Cancarb Limited, a wholly owned subsidiary acquired in 2014.

This acquisition will give Tokai a major presence in the North American market, as Sid is the largest carbon black producer in the United States.

June 20, 2018

Sid Richardson raising carbon black prices

Filed under: Carbon Black — Notch @ 3:12 pm

On June 18, Sid Richardson announced a price increase for all carbon black products effective for all shipments on or after August 1, 2018, or as contracts allow. Due to rising operating and logistic costs associated with carbon black production in North America, the increase is necessary to maintain the high service levels that our customers have come to expect, the company said in a press release. Invoice prices on all carbon blacks will increase by $110/MT.

Here is the press release.

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