Tracking the latest announcements and new business developments in the global rubber and tire industries...
AirBoss Defense Group, part of Canadian compounder AirBoss of America Corp., has been awarded a contract worth up to $84 million (€76 million) by the US Department of Health and Human Services for the supply of protective isolation gowns. The contract base and option periods are funded at $59 million with a yet-unfunded option and surge amount valued up to $25 million. Deliveries under the contract are expected to start in the fourth quarter of 2024 and continue through 2026.
Brazil has started its third antidumping sunset review into the imports of Chinese passenger car tires, which have been in place since 2009. According to the China Trade Remedy Information Network, the dumping investigation involves tires with rim sizes of 13 and 14 inches and the injury investigation period is from January 2019 to December 2023.
UK trade union Unite has vowed to explore all avenues to preserve jobs at Grangemouth, Scotland, following the announcement that PetroIneos will go ahead with its plans to close its refinery. According to the union, PetroIneos confirmed on 12 Sept that it intends to close the refinery at Grangemouth between April and June 2025 and to become “an import and export only facility.” The move impacts 500 jobs.
Freudenberg Group has announced that the number of apprenticeships at its German headquarters in Weinheim remains high after a 40% increase last. The company is providing training to a total of 124 young talents in Weinheim this year, 70 of which will be in technical fields. The retention rate, it said, is 95%. Worldwide, the German group said it is training around 500 young people in 15 countries this year.
China’s pneumatic tire exports in the first half of 2024 increased 5.3% year-on-year to 4.51 million tonnes, according to latest official data by Chinese authorities. Value-wise, exports increased 6.5% year-on-year to Yuan79.6 billion (€10 billion) in the first half, said Chinese tire maker General Science quoting customs office data.
Dynasol Elastómeros SAU has received (unspecified) support-funding for an R&D project focused on the development of a “rejuvenator for recovering the properties of residual bitumen in milled asphalt mixtures.” The assistance was co-financed by the European Regional Development Fund through an Cantabria ERDF programme, Dynasol announced 30 Aug.
Metso’s Sorocaba foundry and rubber factory in Brazil received carbon-neutral certification in line with PAS 2060:2014 standard from an independent third-party, BSI. Supply-chain operations, said the Finnish group, are "pivotal to Metso’s overall CO2 footprint, with the Sorocaba foundry and rubber factories accounting for around 20% of Metso’s own operation’s CO2 emissions."
Korea’s Aekyung Chemical is investing KRW 96.7 billion (€65 million) in a mass production facility for TPC (TerePhthaloyl Chloride), a key raw material for aramid fibres, by the end of 2025. The facility will have the capacity to produce 15ktpa of TPC per year and will be the first of its kind in Korea. The plant will be supporting the production of aramid ‘super fibres’ in Korea for applications in EV tire cords, optical cables and aerospace materials, Aekyung reported 5 Sept.
Saint-Gobain has completed its divestment of Freeglass, a manufacturer of plastics- and elastomer-based exterior components for the automotive industry, the French group announced 2 Sept. With its industrial plant located in Schwaikheim in Germany, Freeglass generated sales of close to €20 million in 2023 and employs around 120 people. Read more
Toyo Tire Corp. is leveraging its ‘optimal’ production, supply-chain and digital-based R&D capabilities to help advance its position in the global tire market. A particular focus is on optimising production at each of its plants to increase flexibility to respond to customer needs and changes in supply and demand, Toyo said in its recently issued integrated report 2023. Read more
HF Group has won the “Golden Emil” award of the Possehl Group for its digital advancement in mixing technology. During a recent digital conference held by German industry holding group, HF Group’s ‘smart final mix’ (ERJ article) was awarded as “the best digital product,” said HF in a brief update.
Sumitomo Riko is joining "Station Ai", an open innovation hub based in Nagoya, Japan and set to open in October. Station Ai, it said, aims to “create and nurture startups” and promote new innovation through support programmes offered to universities and other organisations. The move is aligned with the group’s 2029 'vision' to increase ‘co-creation’ within the group, and helps further strengthen collaboration with startups and other external parties.
Linglong Tire has been listed among the top 500 Chinese brands during the 18th China Brand Festival 2024. With a brand value of Yuan 18.829 billion (€2.4 billion), Linglong said it is the “only company in the tire industry” to be on the list, which also includes majors such as Sinopec, and China National Petroleum Corp.
China's Hainan Rubber has widened losses in the first half of 2024, despite a 30% growth in revenue. The Chinese natural rubber group posted a loss of Yuan296.5 million (€37 million) for the first six months of the year, down from Yuan269.8 million reported a year ago. Group sales for the six-month period, meanwhile, grew 31.6% year-on-year to Yuan19.2 billion.
Black Donuts Engineering Inc. is changing its name to Black Donuts Inc. in English and Black Donuts Oy in Finnish to “better represent” its expanded global services. The Finnish company started out in 2011 as Black Donut Engineering has now grown into a “full-service provider with over 50 tire plants and over 1,300 tire models designed.” The new name, said the company, reflects its “broad capabilities and simplifies communication and branding.”
Niedernberg, Germany-based ips Intelligent Pelletizing Solutions has appointed Kotraco BV of Houten, The Netherlands as its sales representative in the Benelux countries. Specialising in the field of compounding and pelletizing technology and develops, the German company builds equipment and systems for the polymer, compounding, masterbatch and recycling industries.
Figures released by the UK-based Chemical Industries Association (CIA) indicate sustained growth within the industry for second quarter of 2024, building on the positive performance seen in the first three months of the year. According to CIA, the trend marks “a significant recovery” for the UK chemicals industry, following 18 months of “severe decline.”
Organisers have issued an updated programme for the New Frontiers New Markets rubber conference being held in Davao City , The Philippines, 26 -28 Sept. Led by the Philippine Rubber Industries Association and supported by the country’s department of trade & industry, the event will address topics such as sustainable rubber production and usage, market expansion, new technologies and global trade dynamics.
Ohio State University has received $26m (€23m) from the National Science Foundation (NSF) to advance rubber research in the US. The university is to create an engineering research centre to help ‘transform American rubber’ through supply-chain innovation. In partnership with Caltech, North Carolina State University, Texas Tech University and the University of California, the initiative aims to “create bridges between engineering, biology, and agriculture to revolutionise and on-shore alternative natural rubber production from US crops,” said NSF.
US Medical Glove Co. (USMGC) has acquired an unidentified domestic polyisoprene chemical facility to support the production of rubber gloves in the US. The 9,000 m2 facility has capacity to produce 1.4ktpa of polyisoprene annually, enough to produce 60 million pieces of polyisoprene surgical gloves. USMGC claims to be the “only” US-based manufacturer of the machines, components, and chemicals necessary to make nitrile and polyisoprene gloves. The acquisition in early August will make the Harvard, Illinois-based company an “end-to-end, made-in-America manufacturer of both nitrile and polyisoprene gloves.”
ERJ Business Briefing; July/Aug