On 20 July 2022, the launch ceremony of the Advanced Polymer and Metal Materials Industrial Park in Qingdao City, Shandong Province was held. Tyrepress noted that among the seven projects that started construction, the Functional New Material Industrial Park belonging to the National Engineering Research Center for Rubber and Tire (NECRAT) was included.
The US Treasury Department’s Office of Foreign Asset Control (OFAC) has confirmed that Nynas is no longer being blocked pursuant to the Venezuela Sanctions Regulations. As a result of a corporate restructuring of the ownership of Nynas AB, sanctions are lifted.
Polymer producer DuPont has announce that it will increase its Zytel prices globally. Effective from 1 October, or as soon as contracts allow, DuPont Transportation & Advanced Polymers is increasing the price of Zytel products by the equivalent of $550 per metric tonne.
A world first has been claimed by Bridgestone Corporation with the development of a polymer that bonds rubber and resins at the molecular level. Bridgestone believes this High Strength Rubber (HSR) polymer will lead to tyres that require fewer raw materials to deliver the performance expected from them.
Effective July 1, or as soon as contracts allow, DuPont Transportation & Advanced Polymers has announced that it will increase prices globally for the following products: DuPont Zytel and Zytel HTN.
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Screenshot from local media coverage
Nynas