Association of Natural Rubber Producing Countries (ANRPC) said that the worst is almost over as far as the world consumption of natural rubber is concerned, and consumption will increase by 1.4 per cent year-on-year, during Q3 2020 (Jul-Sep) on the anticipation of improving market sentiments, particularly in China and trends in crude oil prices. 

Consumption of natural rubber fell by 15.7% during the first half (H1) of 2020. The largest consumer of natural rubber, China, had over 20 % drop in NR consumption in the H12020. 

Now the ANRPC predicts that China’s natural rubber consumption will spike by 0.8% y-o-y, in Q32020.

“Fund a week ago has further scaled-down the global economic outlook for 2020, to -4.9% growth from -3.0% projected in April, the consumption sector of natural rubber has almost returned to normal with the exception of a few countries. More specifically, natural rubber market has almost come out of the concerns over the abnormal fall in the demand. On the supply side, COVID-19 has removed nearly one million tonnes of potential supply of natural rubber from the world market,” said R. B. Premadasa, Secretary-General of the association.

Market sentiment is also expected to be triggered by a set of other favourable economic developments which includes the impressive performance of China’s manufacturing in June, measured in terms of the Purchasing Managers’ Index (PMI), and the U-turn taken by China’s auto sales by rising 14.5% in May after a 4.4% rise in April and 43.0% fall in March. Trends in crude oil market also stay favourable to NR.  

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Scandinavian Enviro Systems AB publ has signed a letter of intent with an undisclosed partner to explore the possibility of licensing its advanced tyre pyrolysis technology for deployment in North America.

The collaboration will focus on conducting a comprehensive feasibility study to evaluate the technical and commercial viability of establishing one or multiple facilities dedicated to processing end-of-life tyres using Enviro’s proprietary method. This study is designed to provide the potential licensee with the necessary insights to assess the prospects of entering into a long-term commercial arrangement and formal technology licensing agreement.

It is important to note that any definitive agreements will depend entirely on the study's outcomes and subsequent negotiations. At this stage, there is no guarantee that the evaluation will lead to binding commitments or that the proposed transaction will ultimately materialise.

Fredrik Aaben, CEO, Scandinavian Enviro Systems, said, “We continue to see strong international interest in Enviro’s technology, and this letter of intent is yet another proof of this.”

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Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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