Balkrishna Industries Ltd. has completed a project to increase carbon black capacity in Bhuj, India and set up a new power plant at the site. It says both the 55,000 tonnes per annum carbon black capacity project and the power plant project were concluded on 31 December 2022.
As if the Covid-related troubles combined with complex shipping challenges and rising raw material costs weren’t enough, Chinese government policy is now adding to the pressure on tyre manufacturers making tyres for export from the People’s Republic. Specifically, the Chinese central government environmental policy has led to power rationing across the country since mid-September, which has had a marked impact on manufacturing business including the tyre industry. Indeed, more than 20 tyre manufacturers have experienced power-rationing-related temporary shutdowns and/or have implemented price increases because of these product headwinds. And these are having a marked impact on tyre production.
Following the installation of a new cooling tower for process water, Michelin has managed to slash some 1,500 MWh from its Dundee plant’s annual energy consumption. The key to the savings is the new installation’s AC drives, which were supplied by Emerson Industrial Automation company Control Techniques. These AC drives control the speed of fans and pumps and match supply with demand; Emerson comments that when the cooling plant is idling, its energy consumption is now the equivalent to that needed to boil your cup of tea.
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