News from Notch Consulting, Inc.

November 2, 2017

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.

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July 4, 2017

Lanxess restructuring impacts Rhein Chemie unit

Filed under: Rubber Chemicals — Notch @ 2:21 pm

Following the acquisition of U.S. firm Chemtura in April this year, specialty chemicals company Lanxess has revised its organizational structure. The two business lines Rubber Additives Business (RAB) and Colorant Additives Business (CAB) now both belong to the Rhein Chemie business unit.

Lanxess’s goal with this restructuring is to adopt a more targeted approach with an even stronger customer focus. The unit will in the future cover specialty business with active ingredient compounds, specialty chemicals and processing aids for the rubber, plastics and colorants industries.

Rhein Chemie will remain the umbrella brand for rubber and colorants business. Lubricant and flame retardant additives business has been transferred to Lanxess’s Additives business unit. The two units will form the Specialty Additives segment in the company.

Read the full press release here.

April 2, 2017

INDSPEC closing Petrolia, PA plant, exiting resorcinol industry

Filed under: Rubber Chemicals, Tires, Uncategorized — Notch @ 6:42 pm

Last week INDSPEC Chemical, an affiliate of Occidental Chemical Corp., announced that it was immediately ceasing production of resorcinol and related products at its Petrolia, Pennsylvania plant and that the plant would be shut down permanently by July 31, 2017. INDSPEC sold the Penacolite resins business in 2016 and agreed to continue manufacturing that product at the Petrolia plant for the transition period, which will cease at the end of July. The plant was not cost effective compared to global competitors.

“Our workers have made a significant effort over the last several years to improve the viability of the plant. Nevertheless, the outlook for the business continues to be unfavorable due to a number of factors including a global oversupply of our main product, resorcinol, and because INDSPEC’s manufacturing process is not as efficient as that of global competitors,” said Plant Manager Andre Salameh.”

Resorcinol is a crucial component of adhesion promoters, which are used in tires (specifically the belt plies, bead, and bead apex) to improve adhesion between the rubber layers and textile or steel reinforcements. Resorcinol is also used in manufactured wood products and flame retardants.

The shut down has left customers scrambling to find supplies. Other suppliers of resorcinol for rubber markets include Isochem (Germany), Kolon Industries (Korea), Lanxess (Germany), SI Group (US), Shanghai Amino-Chem (China), Sino Legend (China), and Sumitomo Chemical (Japan)

June 9, 2016

Sinorgchem to acquire Emerald’s rubber chemicals business

Filed under: General, Rubber Chemicals — Notch @ 6:00 am

On May 6, Emerald Performance Materials (Cuyahoga Falls, OH) announced an agreement to sell its Specialties and Polymer Additives and Nitriles businesses to DyStar L.P., the US subsidiary of DyStar Global Holdings Pte. Ltd. (Singapore). The sale involves five of the company’s nine plants, specifically the dedicated plants in Charlotte, NC, Cincinnati, OH, Cheyenne, WY, Henry, IL, and a portion of a shared site in Akron, OH.  Terms of the transaction were not disclosed. The sale is expected to close in the third quarter of 2016, subject to standard regulatory approvals.

Rubber & Plastics News has details on this deal. In addition to the transaction mentioned above, DyStar said Jiangsu Sinorgchem Technology Co. Ltd. will acquire the Polymer Additives & Nitriles business. Jiangsu Sinorgchem is a subsidiary of Sinochem Group, a state-owned Chinese chemical company. Emerald Polymer Additives produces Good-Rite antioxidants (phenolics and TMQ) and Cure-Rite accelerators, with applications in rubber, plastics, and lubricants. Plant locations are Henry, Illinois and Akron, Ohio. Emerald’s Specialty Nitrile Latex Polymers is the largest US producer of specialty nitrile latex and butadiene-based emulsion polymers. Applications include paper, coatings, coal tar emulsions, and other industrial applications. These products are produced in Akron, Ohio.

Jiangsu Sinorgchem said acquiring the business group will expand its globalization efforts for the firm’s rubber chemicals business while adding to its capacity, strengthening its global supply system, and enhancing its international marketing and supply capabilities. The acquisition of the nitrile division will give Sinorgchem a solid North American foundation for the manufacture of specialty butadiene and butadiene-acrylonitrile-based latexes.

DyStar, which already has a US headquarters in Charlotte, North Carolina, will retain the Specialties business, which includes three manufacturing plants in Charlotte, North Carolina (foam control products, specialty silicones); Cheyenne, Wyoming (foam control products); and Cincinnati, Ohio (pigment dispersions and dyes).

Financial details on the sales were not disclosed. Officials at Emerald and DyStar said further details would not be released until after the sale closes. After the divestitures are complete, Emerald will consist of two units: CVC Specialty Chemicals (specialty epoxy resins and reactive liquid polymers) and Kalama Chemical (toluene oxidation chemistry).

 

 

 

 

August 31, 2015

Notch updates report covering global rubber chemicals market

Filed under: Rubber Chemicals — Notch @ 1:01 pm

This month, Notch Consulting published a new edition of the Rubber Chemicals Market Update, an annual overview of the global rubber chemicals industry. This report provides current conditions and future prospects for antidegradants (6PPD/IPPD, TMQ, and other antioxidants), accelerators, and other chemicals (including tackifiers, adhesion promoters, reinforcing resins, retarders and antiscorch agents, homogenizing agents, peptizers, and blowing agents). The new issue is 39 pages with 19 tables. As always, the report includes a separate Excel spreadsheet that provides regional demand data, production capacity for leading suppliers, and a list of recent and proposed capacity expansions. The report also provides an overview of the tire and rubber industry, including a status report on recent and proposed expansions in tire plant capacity. The new edition also provides rubber chemical sales by company and major product segment. Contact Notch at info@notchconsulting.com for more information or to order.

September 22, 2014

Lanxess keeping rubber chemicals businesses

Filed under: Rubber Chemicals — Notch @ 6:30 am

Following a strategic review that began in September 2013, Lanxess has decided to retain its antioxidant and accelerators businesses after failing to receive an attractive offer. The two business lines will be merged into the Advanced Industrial Intermediates business unit. The restructuring is part of a group-wide realignment (“Let’s Lanxess Again”) that will reduce the company’s 14 business units down to 10 in 2015.

“We are certain that the decision to take forward rubber chemical operations inside Lanxess is the best option for long-term commercial success. Consolidating the business areas will generate synergies that will help us further improve our competitiveness,” said Hubert Fink, head of the Advanced Industrial Intermediates business unit.

July 10, 2014

Equity firm acquires Emerald Performance Materials

Filed under: Rubber Chemicals — Notch @ 5:07 pm

Rubber News reports that New-York-based private equity firm American Securities L.L.C. plans to acquire specialty chemicals maker Emerald Performance Materials L.L.C. from Sun Capital, Inc. The deal is being executed with the cooperation of members of Emerald’s management team. Emerald, which is based in Cuyahoga Falls, Ohio, was formed in 2006 as an affiliate of Sun Capital Partners, following the divesture of certain businesses from Lubrizol. The company produces chemicals for a range of niche consumer and industrial markets—including tires, structural adhesives, coatings, composites, flooring, flavors and fragrances, and food and beverages. The transaction is expected to close in the third quarter and is subject to customary closing conditions and regulatory approvals. Financial details and the names of the members of the management team involved in the purchase were not disclosed.

April 14, 2014

Tiremakers continue to invest in the United States

Filed under: Carbon Black, insoluble sulfur, Rubber Chemicals, Tire Cord, Tires — Notch @ 6:05 am

Tire Business has an overview of the current slate of tire plant expansions underway or planned for the United States. This includes major projects by Bridgestone, Continental, Hankook, Michelin, Toyo, and Yokohama. The article confirms industry rumors that Korean tiremaker Kumho Tire USA Inc. plans to restart a long-stalled project to build a new tire plant in Georgia. Notch Consulting is tracking $4.5 billion in new investment in tire capacity in the United States from 2012 through 2020.

December 23, 2013

LANXESS raises prices for rubber chemicals

Filed under: Rubber Chemicals — Notch @ 6:05 am

LANXESS has announced a price increase for its rubber chemicals effective 1 January 2014. The company said in a press release that the increases are required to offset raw material cost increases. The price increase includes all product lines in the Rubber Chemicals business unit, including Vulkanox antidegradants, Vulkacit accelerators, as well as specialty chemicals such as bonding agents (Cohedur), retarders (Vulkalent), plasticisers (Vulkanol) and DBD based peptisers (Renacit). The increase will range from €0.05/kg to €0.30/kg depending on the product and region. These products are primarily used in the manufacture of tires, hoses, profiles, and other rubber items. The Rubber Chemicals business unit is part of LANXESS’ Performance Chemicals segment, which recorded sales of €2.2bn in fiscal 2012.

December 2, 2013

Vanderbilt consolidates chemical production at Kentucky plant

Filed under: Rubber Chemicals — Notch @ 3:40 pm

Vanderbilt Chemicals, L.L.C., a wholly owned subsidiary of R.T. Vanderbilt Holding Co. Inc., has announced plans to consolidate its commercial production of chemicals to its newly upgraded plant in Murray, Kentucky. Announced earlier this year, the project is part of a $30M expansion of the company’s Murray plant that will increase capacity by 50% from its current level of 12,500 tonnes per year. Four of the nine production lines at the plant are now automated. As part of the expansion, Vanderbilt will transfer its displaced volume from its chemicals plant in Bethel, Connecticut to Murray by the end of 2014. This will include production of specialty chemical lubricant additives for oils, fluids and greases in addition to additives for rubber and plastics, paints and coatings. The company will continue to maintain a pilot plant and research and development laboratory in Bethel to support the chemicals business.

As of January 1, 2013, R.T. Vanderbilt Holding Company, Inc. reorganized its North American operations under three subsidiaries: Vanderbilt Chemicals LLC (chemicals for the Rubber, Plastics, and Petroleum markets); Vanderbilt Minerals LLC (industrial and specialty minerals for the Life Sciences, Coatings, Ceramics, and Agricultural markets); and Vanderbilt Global Services LLC (support services).

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