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Mitsui Chemicals to acquire thermoplastic styrene elastomer business from Asahi Kasei

Tuesday, November 21, 2017
Tokyo, Japan - Mitsui Chemicals, Inc. announced today it plans to acquire Asahi Kasei Corp.'s business for SUNVIEO™ thermoplastic styrene elastomer (TPS) on Dec. 1, 2017. Used primarily in the automotive industry, thermoplastic elastomers are being met with growing global demand as a replacement for polyvinyl chloride and vulcanized rubber. Mitsui Chemicals has so far supplied its MILASTOMER™ thermoplastic elastomer for a growing range of automotive applications. The company's thermoplastic vulcanizate elastomer (TPV) has seen use in automotive interior skin, weather strips, steering gear boots and more. Meanwhile, its thermoplastic olefin elastomer (TPO) has been used for parts such as airbag covers. In acquiring Asahi Kasei's SUNVIEO™ business, Mitsui Chemicals will add TPS to its lineup. This will allow the company to respond to a wider range of needs across numerous areas, including automotive parts and consumer products. Mitsui Chemicals also expects that it will be able to use the acquired technology to further differentiate its existing MILASTOMER™ lineup from the competition. - * Email


The Month in Review - Past 30 Days

Friday, December 15, 2017
Trelleborg Sealing Solutions acquires advanced composite components manufacturer Automated Dynamics
Goodyear inflates landmark hangar in Los Angeles, CA
Ohio Senate passes unsafe used tire bill
Silicone structural glazing market forecast to reach $43.9 billion by 2022
Book of the day - Rubber Molding Principles

Thursday, December 14, 2017
Global rubber anti-tack market forecast to grow at a CAGR of 4 percent through 2021
Former Vietnam Rubber Group chairman and four other official arrested in corruption crackdown
Malaysia reports an increase of 28 percent in natural rubber production for October
Sumitomo Rubber North America wins Ventana Research’s 2017 leadership award for digital technology
Smithers Rapra forecasts global industry tire volume to reach 2.7 billion units by 2022

Wednesday, December 13, 2017
Continental Tire gives $2 million grant to USC to expand logistics program
Hankook Tire appoints new chief executive and senior officers
Nexen Tire supplies original equipment tires for Porsche Macan
Rubber Division, ACS announces training courses for February and March
Adoption of digital solutions transforms North American and European tire retailing market

Tuesday, December 12, 2017
European non-destructive testing equipment market is expected to reach $2.89 billion by 2024
Cooper Tire to lay off 80 in North America
ChemChina to list KraussMaffei on the Shanghai stock exchange
Plastic compounding market including thermoplastic elastomers forecast to exceed $50 billion by 2024
Orion Engineered Carbons completes construction of carbon black plant in South Korea

Monday, December 11, 2017
AkzoNobel and Black Bear team up to make powder coatings from old tires
Freudenberg-NOK introduces high-temperature fluorinated rubber seals
Guill Tool & Engineering receives AS9100:2016 Aerospace and ISO 9001:2015 certificate of registration
Automotive elastomer market forecast to reach $58.8 billion by 2022
Yokohama Tire launches the TY577 MC² fuel efficient, SmartWay verified long-haul tire

Friday, December 08, 2017
Book of the day - Fatigue, Stress and Strain of Rubber Components, by Judson Bauman
Shimadzu Scientific Instruments and Restek Corporation announce distribution agreement
Goodyear and Sandia Labs mark 25 years of collaboration to improve tire design
Hankook Tire-DAV mobile service program triples number of veterans helped across the U.S.
Halcyon Agri becomes the largest rubber producer in Indonesia after recent acquistions

Thursday, December 07, 2017
Silicone adhesive market forecast to reach $2.95 billion by 2022
U.S Department of Commerce levies antidumping duties against steel wire rod suppliers
USTMA urges NHTSA to eliminate outdated regulations
2018 Jeep Wrangler features Goodyear Wrangler AT Adventure tires with Kevlar
Demand for silicone liquid-applied roof coatings is forecast to rise 5.1 percent annually

Wednesday, December 06, 2017
Huber Carbonates announces price increase for industrial calcium carbonate products
USTMA urges duties exemption for steel used in tire manufacturing
Hankook Tire survey finds more Americans plan to drive this holiday season than fly
Indian tire manufacturers face continuing shortfall of natural rubber domestically
Registration and housing now open for Rubber Division, ACS 193rd Technical Meeting

Tuesday, December 05, 2017
U.S. Tire Manufacturers Association projects lower tire shipments for 2017
IISRP announces online registration for 59th Annual General Meeting in Madrid, Spain
BASF increases prices for diols and derivatives in North America
Natural rubber market to grow at a CAGR of 4.06 percent through 2021
Yokohama Rubber U.K. subsidiary receives two awards for its efforts to promote tire safety

Monday, December 04, 2017
Vietnam Rubber Group signs $10 million land lease contract for rubber plantation in Laos
Toyo Tire awarded $1.6 million settlement for patent infringement against two Chines tire manufacturers
Dow insulation and sealing technologies used to keep Winter Olympics warm
Chloroprene rubber supply tightens worldwide
Global rubber bonded abrasives market forecast to grow at a CAGR of 3.2 percent through 2024

Friday, December 01, 2017
U.S. demand for rubber forecast to reach $8.9 billion by 2021
Goodyear and the U.S. Marine Corps Reserves join together for donations to Toys for Tots
Book of the Day - Rubber Extrusion Technology Short Course Notes
Elastomer coated fabrics market forecast to reach $11.85 billion by 2022
BASF increasing prices for neopentylglycol (NPG) sold in North America

Thursday, November 30, 2017
Synthetic rubber market forecast to reach $37.8 billion by 2022
Bill Bisson joins VMI Americas as area sales manager
Trinseo webinar focuses on the revolutionizing impact 3D printing has on manufacturing
Arlanxeo to provide the EPDM rubber for the FIFA 2018 football
Global nitrile butadiene rubber (NBR) market is forecast to reach $2.59 billion by 2025

Wednesday, November 29, 2017
Wacker opens technical center in Istanbul
Apollo Tyres becomes the title sponsor for Minerva Punjab FC
Smithers Rapra webinar to focus on test methods for validating imported tire quality
Imerys Performance Additives Division announces a significant price increase in January
U.S. Tire Manufacturers Association comments on the retirement of Pete Selleck, chairman and president of Michelin NA

Tuesday, November 28, 2017
Michelin and Tire Industry Association scholarship application period opens
Rubber Division ACS conducts outreach to Europe
Global butyl rubber market forecast to reach $5.21 billion by 2025
Songwon announces global price increases for its polymer stabilizers
LSR 2018 announces call for papers

Monday, November 27, 2017
Myers Industries announces quarterly dividend
Wacker released it new Elastosil LR 5040 line of liquid silicone rubber
Freudenberg Performance Materials presented three additions to its foam portfolio at Compamed 2017
PolyOne lauches OnColor Brilliant Metallic colorants
Borealis to study feasibility of a polyproylene capacity increase in Europe

Friday, November 24, 2017
Solvay and Henkel team up to double the number of Indian farmers in the Sustainable Guar Initiative
Goodyear extends sponsorship as Official Tire of NASCAR
Nexen Tire receives strong ratings in Auto Bild Tire performance tests

Thursday, November 23, 2017
Lanxess announces price increase for EMEA region for its Durethan and Pocan lines
Foremost Machine Builders, Inc. has appointed Walter Folkl as Manager of Sales
Birla Carbon started operations for its largest carbon black project in China
Shin-Etsu to increase prices 10-20% for all of its silicone products
Cabot Corporation to purchase black masterbatch producer Tech Blend

Wednesday, November 22, 2017
RPM International acquires Ekspan Holdings
Michelin to transfer shares in Double Coin Warrior Tire Company
Brenntag moves corporate headquarters to Essen, Germany
Tracey I. Joubert named to the Cooper Tire board of directors
AkzoNobel opens advanced Application Training Center in Dubai

Tuesday, November 21, 2017
Cooper Tire encourages college students to check their tires before hitting the road home
Mitsui Chemicals to acquire thermoplastic styrene elastomer business from Asahi Kasei
Trelleborg finalized the acquisition for White Baumaschinenreifen GmbH
Clariant announced an expanded partnership with Palmer Holland for the business unit additives in Canada
Yokohama announced its business and financial results for the first three quarters of 2017

Monday, November 20, 2017
Arkema announces a development partnership in high temperature powders with EOS
Global market for corrosion protection rubber linings and coatings forecast to reach $12 billion by 2022
Hexpol TPE announces expansion in Germany
Addivant increases capacity for its high-performance polymer antioxidant Ultranox 626
AkzoNobel completes $10 million sulfur derivatives investment in the US

Friday, November 17, 2017
Book of the Day - Resistance and Stability of Polymers
Lanxess to purchase Solvay's U.S. based phosphorus unit
Myanmar rubber exports set to rise
Continental to invest more than $9 million in its textile reinforcement business in Georgia
Global carbon black market forecast to grow at a CAGR of 4.8 percent through 2024




Todays Headlines



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