Michelin has announced significant polymer composite acquisitions as part of its strategic growth plan, marking a new phase for its high-value materials business. The French tyre giant said it has reached agreements to buy two North American companies, Cooley Group and Tex Tech Industries, both of which are specialists in engineered fabrics and polymer-based materials….
Himadri Speciality Chemical, India’s largest speciality carbon black manufacturer, said it has not seen any impact of the recent US tariffs on its exports. According to CMD and CEO Anurag Choudhary, the company has been able to retain its American customer base despite higher prices caused by the tariff changes. Choudhary said the company’s long-standing…
HS Hyosung Advanced Materials has announced plans to establish its first polyester tire-cord plant in India, setting up a new subsidiary, HS Hyosung India Private Ltd., in Nagpur, Maharashtra. The company is investing US$30 million (around €26 million) in the facility. European Rubber Journal Hyosung has secured a 230,000 sq m plot in the Nagpur…
The global carbon black market is expected to expand significantly in the next decade, driven largely by demand in the tyre and rubber sectors. According to a recent release via openPR, the market is projected to reach USD 390 million by 2035 in a specific tyre-and-rubber context. Carbon black, a fine carbon powder used as…
Nynas AB, the Swedish specialty chemicals and bitumen supplier, has reported a stable third quarter for 2025, with encouraging margin improvements even as volumes remained mixed. The company revealed that volumes in its Naphthenic Specialty Products (NSP) business rose by 5 % year on year, while unit margins improved by 12 % in U.S. dollars….
India’s trade regulator, Directorate General of Trade Remedies (DGTR), has launched an anti-dumping investigation into imports of halobutyl rubber (often used inside pneumatic inner tubes) originating from or exported by the United States and China (via Singapore). The probe follows an application filed by domestic producer Reliance Sibur Elastomers Private Limited, which alleges that these…
India’s carbon black industry is gearing up for a significant capacity expansion, with production capacity expected to grow by 25–30% year-on-year between FY26 and FY27, driven primarily by strong export demand and rising specialty grade usage. ETEnergyworld.com According to a recent report by India Ratings and Research (Ind-Ra), the domestic carbon black sector is shifting…
Birla Carbon is scaling up its production of waste-tyre-derived carbon fillers, aiming for these circular materials to make up to 10 % of its global product portfolio. The company markets these solutions under its “Continua” brand and says the material is produced from end-of-life tyres and can partially substitute traditional carbon black across tyres, rubber…
The global market for tire materials is projected to expand significantly over the next few years, with an anticipated compound annual growth rate (CAGR) of around 5.8% through 2029, driven by rising vehicle production, advances in material technology, and the push for eco-friendly compounds. According to a recent analysis, the industry was valued at approximately…
Lummus Technology and InnoVent Renewables have taken a significant step in advancing tyre-waste recycling by signing a Master Cooperation Agreement (MCA) to deploy InnoVent’s continuous tyre pyrolysis technology globally. Hydrocarbon Processing Under the terms of the agreement, Lummus will become the exclusive global licensor of InnoVent’s proprietary pyrolysis process. The process is designed to convert…
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