Raw Materials
After a turbulent few years, tyre industry supplier, Nynas AB has changed hands again signing a binding agreement with an investment vehicle managed by Davidson Kempner Capital Management LP for the acquisition of the entire equity stake (49.9%) in Nynas from Bitumina Industries Limited, making it the largest individual shareholder of Nynas.
Orion Engineered Carbons S.A. has announced that it is increasing the prices of all its rubber carbon black products sold in the EMEA region effective 1 August 2021 or “as permitted by customer contracts”.
Madhavi Kanumoory has been appointed as Chief Digital & Information Officer at Birla Carbon. In this role, she will be responsible for all aspects of the company’s digital and information technology. Kanumoory will report to John Loudermilk, Chief Operating Officer, joining the company’s Senior Management Team and will be based at the Birla Carbon office in Mumbai.
As of 1 August 2021, Toyo Tire USA is increasing its prices “across all tyre categories” by up to 8.5 per cent.
Orion Engineered Carbons S.A. launched its Ecorax Nature family of plant-based carbon black products. According to the company, Ecorax Nature 100, which was launched on 17 June 2021, is “the first highly reinforcing carbon black grade made from renewable feedstocks which can be used in critical tyre tread construction”. The product is currently being tested by customers and will go into high volume manufacturing in the second half of 2022. Orion further reports that Ecorax Nature is the first “renewable carbon black” to be produced for the tyre industry.
Agricultural tyres generally appear quite similar irrespective of brand, making it difficult to spot at a glance the difference between discount tyres and higher-priced premium products. Bridgestone observes that price thus “wrongly becomes a differentiating element” with these products. The tyre maker is concerned that some may gain the impression they’re paying extra for the brand rather than the tyre, and wishes to set the record straight.
Bridgestone Corporation has announced that it will sell Bridgestone (Huizhou) Synthetic Rubber Co., Ltd., its China-based subsidiary for manufacturing synthetic car tyre rubber, to Taiwan’s LCY Chemical Corp. The company has not disclosed financial aspects of the transaction.
Toyo Tire U.S.A. Corp. has announced that it will increase the dealer base prices across all tyre categories by up to 8.5 per cent from 1 August 2021. The tyre maker comments that the price increase “is a result of continued increases in raw materials and logistics costs.”
Yokohama Off-Highway Tires has announced further price increases for its brands in Europe. These will take effect next month and see prices for Alliance and Galaxy tyres rise by around five per cent. The manufacturer says this increase comes at a time when the costs of raw materials and freight rates “continue to rise at a dramatic pace on the global commodity markets.”
Birla Carbon will increase prices on all products produced in the Americas by US$170 per metric tonne effective 1 July 2021. All shipments made on or after this date are subject to the price increase. Birla Carbon’s announcement follows a 97 euros per metric tonne EMEA price increase published on 24 May and effective 1 June 2021.
Birla Carbon will increase the price for all products produced in the Europe, Middle East and Africa (EMEA) region by 97 euros per metric tonne. All shipments made on or after 1 June 2021 are subject to the price increase.
Evonik Industries has developed a new, active filler for the tyre industry that significantly improves the traction of winter tyres in snowy and slushy conditions, thereby increasing safety. Ultrasil 4000 GR is the first Low Surface Area (LSA) silica that also offers very good dispersibility. This enables very high filler levels in the tyre tread, further improving traction compared to tyres using conventional silica.
Continental is extending its commitment to sustainability in the natural rubber supply chain. The tyre maker and the German Federal Ministry for Economic Cooperation and Development (BMZ) have agreed to significantly expand their project to ensure full traceability within the natural rubber supply chain in the Indonesian province of West Kalimantan (Borneo).
Russian oil and gas company Tatneft intends to produce butadiene rubbers in Kazakhstan, and the recipients of plant output include Tatneft’s own tyre production businesses.
Every year, 1.6 billion car tyres are sold worldwide in total. The PET fibres used in these tyres represent 800,000 tonnes of PET per year. With regards to Michelin alone, this represents nearly 3 billion plastic bottles annually. That’s why the France-based global tyre maker has been looking for ways that bottles can be recycled into technical fibres for use in the company’s tyres. Now, the company has validated that Carbios’s enzymatic process does exactly that, giving Michelin a step forward in its sustainability plans. Indeed, Michelin describes the development as “a major step towards developing 100 per cent sustainable tyres. Michelin has successfully tested and applied”. Michelin is committed to achieving 40 per cent sustainable materials (of renewable or recycled origin) by 2030 and 100 per cent by 2050.
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