News from Notch Consulting, Inc.

October 7, 2019

Hankook postpones truck tire plant in Hungary

Filed under: Carbon Black, Rubber Chemicals, Silica, Tires — Notch @ 2:06 pm

Tire Business (via European Rubber Journal) reports that Hankook Tire & Technology Co. Ltd. has postponed plans to establish a $318 million truck and bus tire plant at its existing car tire factory in Rácalmás, Hungary. The project was announced in March 2018 and involved the construction of a separate plant to produce 550,000 medium and heavy truck/bus tires per year. The postponement does “not mean the cancellation of that plan,” Hankook said in a written statement to ERJ on Oct. 2.

The current economic downturn, especially in the automotive industry, was a factor behind the decision, said Felix Kinzer, head of communications at Hankook Tire Europe. The tire maker, he added, is undergoing “mediations” with various stakeholders for future execution of the plan, which would mark the site’s fourth round of expansion.

“Our company has a mid- to long-term plan for truck tire sales growth on the European continent and is reviewing various options,” Mr. Kinzer said.

October 6, 2019

Nokian’s US plant begins production

Filed under: Carbon Black, Rubber Chemicals, Silica, Tires — Notch @ 7:22 pm

On October 2, Nokian Tyres celebrated the official opening of its North American production factory in Dayton, Tennessee. The 830,000-square foot complex will produce approximately four million tires per year once it reaches full capacity. At that stage, the company will employ as many as 400 workers. The factory is currently in the trial production stage and will be ready to make tires for commercial use in early 2020. Nokian Tyres broke ground on the factory in September 2017, and the company has set a goal to double its North American sales in five years. Founded and headquartered in Finland, Nokian Tyres operates factories in Finland, Russia, and now the United States. At the Dayton factory, the company aims to fill expanding North American demand and seize on opportunities in the all-season and all-weather markets.

 

April 20, 2019

Evonik develops silica technology that could lower truck rolling resistance

Filed under: Silica, Tires — Notch @ 11:44 am

Evonik Industries A.G. announced that it has developed a silica/silane technology that can be used in natural rubber compounds to reduce the rolling resistance in medium truck and bus tires.

Evonik said that it conducted tests which proved that the use of its proprietary silica/silane technology could help improve fuel economy by as much as 8 percent when compared to traditional carbon-black reinforced NR compounds. Its use also helped reduce braking distances, thus making it safer to drive on on wet or snow-covered roads.

Jens Kiesewetter, Evonik’s head of technical service for rubber silica, said that when silica/silane technology is used in green tires for buses and trucks with high fuel consumption levels, it can make a significant contribution to climate protection, especially in light of the recent EU agreement on targets for CO2 reduction for trucks.

Evonik also announced that it is well on track to expand tire silica capacity at a plant in Adapazari, Turkey, including adding capacity for the Ultrasil 9100 GR precipitated silica reinforcing filler and Ultrasil 5000 GR, for optimizing wet and winter properties of tires.

Read the full press release here.

October 31, 2018

Solvay Silica wins Michelin Supplier Award 2018

Filed under: Silica, Tires — Notch @ 10:58 am

Solvay has won the Michelin Supplier Award 2018 for supplier excellence in quality, innovation and corporate social responsibility, underlining the strong partnership between Michelin and Solvay. Solvay manufactures and supplies highly dispersible silica for energy saving tires.

Solvay, selected from about 40,000 companies worldwide, received the Award from Jean-Dominique Sénard, CEO of Michelin, at the company’s headquarters in Clermont-Ferrand, France.

“Solvay’s Silica teams are geared towards finding out and knowing what customers value, to deliver the innovations that meet their demands for safe, fuel-efficient tires and through all this, build a relationship of trust. We are proud that Michelin, with this Award, recognizes our collective dedication and know-how and the contribution we’ve made to sustainable value and mobility,” said An Nuyttens, President of Solvay’s Silica Global Business Unit.

Presented for the fourth time since its creation in 2011, the Michelin Supplier Awards recognize suppliers that are exemplary in meeting the company’s high standards and in their commitment to building a genuine partnership.

Read the full press release here.

October 19, 2018

Evonik opens precipitated silica plant in South Carolina

Filed under: Silica, Tires — Notch @ 11:26 am

Evonik Industries has opened a precipitated silica plant in Goose Creek, South Carolina. The $120 million investment comes in response to increasing demand from the North American tire industry for precipitated silica, which Evonik said can help improve the rolling resistance and the wet grip of tires.

The South Carolina site will also manufacture the recently developed Ultrasil 7800 GR silica, which Evonik said is suited to extra-large tires, which support the growing SUV market in the U.S. Due to its larger specific surface area, Evonik claims, Ultrasil 7800 GR is said to gives a tire’s tread compound more rigidity without negatively impacting its processability.

“The opening of the new production plant is an important step in strengthening our position as a global partner for the tire industry,” said Harald Schwager, deputy chairman of the Executive Board of Evonik Industries. “In the expansion of our silica business we’re following a clear strategy. In addition to taking over the activities of Huber Silica we’re continually expanding our capacities for silica.”

Read the full press release here.

July 4, 2018

Evonik plans 1,000 job cuts by 2020

Filed under: Silica — Notch @ 2:17 pm

Evonik plans to cut up to 1,000 administrative and sales positions globally by 2020 to meet its cost reduction target, according to a June 27 press release. In the fall of 2017, Evonik set itself a target of permanently reducing administrative and selling expenses by $231.1 million worldwide.

“Our goal is to build a best-in-class specialty chemicals company,” said Christian Kullmann, Chairman of Evonik’s Board of Management. “To get there we need three things: a balanced portfolio, leading innovative capability, and a new, performance-oriented corporate culture. To this end, we are now making a big step forward on the cost side. We want to accelerate decision-making and strengthen cost-awareness.”

The first $57.8 million of the permanent savings will be achieved this year and will mainly comprise material costs.

July 3, 2018

Evonik expanding silica capacity in Turkey

Filed under: Silica — Notch @ 6:13 pm

June 29, 2018 — Evonik Industries announced it will increase its annual production capacity for precipitated silica at an existing production site in Adapazari, Turkey by 40,000 metric tons, investing a sum in the lower double-digit million euro range. Evonik and the EGE KIMYA company operate a joint venture in Turkey. Startup of the new production complex is scheduled for 2020. Evonik is implementing this expansion in Adapazari to support the high level of demand for the highly dispersible (HD) silica used in producing Green Tires, particularly from customers in southeastern Europe and the Middle East.

April 15, 2018

Notch updates Silica Market Update report covering global precipitated silica industry

Filed under: Silica, Uncategorized — Notch @ 5:32 pm

Notch Consulting has updated the Silica Market Update, which provides a comprehensive overview of current conditions and future prospects for the global precipitated silica industry. The report provides tables detailing silica demand by region, market, and application, current pricing by application and region (US, EU, China), nameplate production capacity by company, plant, and country, and recent and proposed capacity expansion projects. This update includes a breakdown of annual precipitated silica sales for leading suppliers by region and major application. The report provides annual demand for all years 2007 through 2017, while forecasts are provided for all years from 2018 to 2022 as well as 2027. Average pricing is provided for various grades for the US, the European Union and China.

Market segments covered in the report include tires, non-tire rubber, dentifrice, nutrition/health (food, ag feed, pharma, and cosmetics), and industrial (paper, battery separators, paints/coatings, other applications).

Applications are reinforcing fillers, abrasives, thickeners, anticaking agents, carriers, extending fillers, battery separators, matting/flatting agents, antiblocking agents, and defoamers.

Companies discussed in this report include Allied Silica Ltd. (India); Evonik Industries (Germany); Glassven Yangzhong Silicas (China); Grace Silica (Germany); Iqesil S.A. (Spain); Madhu Silica (India); Oriental Silica Corp. (Taiwan); PPG Industries (US); PQ Corp. (UK); Quechen Silicon Chemical (China); Solvay S.A. (Belgium); Tosoh Corp. (Japan); Wuxi Hengcheng Silicon (China); Zhejiang Hengdian Group (China); and Zhuzhou Xinglong Chemical (China), among others.

The Silica Market Update is published twice per year. For more information or to order, please write to info@notchconsulting.com.

April 8, 2018

Tata Chemicals to acquire Allied Silica

Filed under: Silica — Notch @ 3:19 pm

On Sunday, April 8, Tata Chemicals (Mumbai, India) announced it had signed a pact with Allied Silica Limited (Chennai, India) to acquire its precipitated silica business for Rs123 crore (US$19M) on a slump sale basis.

The deal is expected to close within three months, the company said in a release. The acquisition is a part of the Rs295 crore investment approved by the board in February last year, towards this specialty business, the company said.

The business transfer agreement with Allied Silica includes the acquisition of an existing manufacturing site in Tamil Nadu, which will produce highly dispersible silica (HDS), the release said. The specialty chemical product represents a downstream value addition to Tata Chemicals soda ash business, where it ranks among the top manufacturers globally, it added.

“This acquisition is another step in our journey to build technologically enabled, differentiated businesses, with greater customer centricity, by leveraging our core strengths. “The manufacture of speciality and performance silicas is one such area. This is in line with our focus to grow our specialty business, along with our consumer business,” said Tata Chemicals managing director R. Mukundan.

*****

In related silica news, this week Notch Consulting will publish the latest issue of the Silica Market Update, which covers the global market for precipitated silica. The report provides data on demand, applications, market share, and pricing, as well as a discussion of the above-mentioned acquisition and other capacity developments. For more information, contact info @ notchconsulting.com

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!

Older Posts »

Create a free website or blog at WordPress.com.