News from Notch Consulting, Inc.

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.

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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.

June 11, 2018

Orion to raise carbon black prices in EMEA

Filed under: Carbon Black — Notch @ 11:56 pm

Orion Engineered Carbons has announced a price increase for carbon black sold in the Europe, Middle East and Africa region, beginning Aug. 1, or as contracts permit. Prices will be adjusted between $82 and $107 per metric ton, according to the firm. According to Orion, the price increases are being implemented to offset operating expenses which continue to rise because of high utilization rates and the desire to continuously invest in its manufacturing network.

June 6, 2018

Cabot raises carbon black prices in EMEA

Filed under: Carbon Black — Notch @ 8:04 pm

On June 1, Cabot Corporation announced a price increase for all carbon black product in its Reinforcement Materials segment sold in the Europe, Middle East and Africa (EMEA) region. The increase will be effective as of July 1, 2018, or as customer contracts allow.

Cabot said that it is experiencing persistent rising costs associated with high utilization rates, increased operating and regulatory costs, and higher logistics expenses in the EMEA region. Despite ongoing efforts to offset these costs, Cabot will increase prices by 80 €/MT, in addition to any applicable index-related adjustments, for all rubber carbon black products including Black Pearls®, CRX™, Endure™, Propel®, Regal®, Vulcan®, Sterling® and Spheron® carbon black grades.

May 24, 2018

Enviro announces largest order from international tire company

Filed under: Carbon Black, Tire Recycling — Notch @ 11:18 am

Enviro has received a follow-up order on EnviroCB from an international tire manufacturer. The order is Enviro’s single largest so far, valued at over 100,000 SEK. Revenues are expected in Q2 2018.

The international tire manufacturer made the first order at the beginning of the year after thorough material tests. The delivered EnviroCB will be used for solid tires manufactured in Sri Lanka.

“Receiving a follow-up order of a much larger volume demonstrates both the quality of material and the market’s growing need for reclaimed carbon black. This is one of several major solid tire manufacturers where we see growing interest, in addition to the several tire manufacturers we have received positive feedback from,” says Thomas Sörensson, CEO of Enviro.

May 21, 2018

Cabot announces 310 KT in carbon black expansions

Filed under: Carbon Black — Notch @ 10:20 am
Cabot Corporation today announced plans to add 310,000 tons of new carbon black capacity by 2021. The largest component of the plan involves adding 160,000 tons at Cabot’s facility in Cilegon, Indonesia. Cabot anticipates that product from this expansion will be available for sale starting in late 2020 or early 2021.

In addition to the expansion at Cilegon, Cabot is investing approximately $50 million in debottlenecking projects and operational improvements across 18 of its carbon black facilities. This program will provide an additional 150,000 metric tons of increased carbon black capacity which will be available for tire, industrial rubber and specialty carbon customers. To date, Cabot has completed approximately one-third of this capacity expansion, with full completion expected by 2021. These investments will increase Cabot’s global carbon black capacity to approximately 2.5 million metric tons.

 

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