Page 162 - CW E-Magazine (28-11-2023)
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We are the largest manufacturer of                         MANUFACTURER & EXPORTERS OF                                                                                       News from Abroad
              Sodium Sulphide Liquid                                        FERRIC CHLORIDE
                                                                            LIQUID 40 % / LUMPS 60 % /
                                                                            HEXAHYDRATE LR GRADE /
                                                                            ANHYDROUS 96 %                           PORTFOLIO RATIONALISATION
                               We Required                                  FERROUS CHLORIDE / IRON CHLORIDE         Goodyear mulling divestment of chemicals business
             Sodium Hydrogen Sulphide (NaHs)                                LIQUID / TETRAHYDRATE / ANHYDROUS           American tyre giant, Goodyear  nouncement came after a review by a  facing a unique moment in time where
                                                                            COBALT CARBONATE
                                      &
                                                                            COBALT CHLORIDE
                          Caustic Soda Lye                                  COBALT NITRATE                           Tire & Rubber Co., has unveiled a transfor-  special committee created by the board  fundamental changes to cost structures
                                                                                     SUPPLIER OF
                                                                                                                     mation plan that includes exploring its  to evaluate  all options to maximise  and competition are reinforcing why
                          (Also use by product)                                   HYDROCHLORIC ACID                  strategic options for its chemical busi-  value. The review was driven by Paul  Goodyear needs to position itself dif-
                                                                                   SULPHURIC ACID                    ness, Dunlop brand and off-the-road  Singer’s  activist hedge fund, Elliott  ferently for the future,” he said.
        Contact: Mr. Manoj.J.Mehta - Mobile: +91-9377511735                                                          speciality-tyre business. The decision to  Investment Management, which struck
                                                                           Vinayak Industries                        pursue alternatives for the businesses is  a cooperation agreement with the tyre   Fixed costs have climbed  since
                                                                            Plot No-3/11, G.I.D.C, Sarigam, St-Bhilad, Tal - Umargam,   part of a “Goodyear Forward” transfor-  maker in July.  the outbreak of COVID-19, and while
                                                                            Dist-Valsad, Gujarat - 396 155,
          Plot No. 830/05/02 GIDC, Jhagadia, Dist-Bharuch-393110.           Ph: 0260 (R)  2781289 (O) 2781067 • M : 9898615513  KNS ADI  mation plan that aims to achieve gross          infl ation appears to be moderating, costs
        Email: rangchemical78@gmail.com, rangchemical79@gmail.com           Email: vinayak9industries@gmail.com      proceeds of more than $2-bn from port-  Goodyear agreed to add three direc-  for  wages and  energy,  among  other
                                                                            Website: www.vinayakindustries.in / www.vinayakindustries.net
                                                                                                                     folio optimisation, the company said.  tors to its board and to conduct the  things, remain high relative to historical
                                                                                                                                                       review as part of that deal. The com-  norms, he added. The migration  from
                                        SUPPLIERS OF                                                                    While  Goodyear buys petrochemi-  pany also said its CEO Mr. Richard  combustion engines to electric vehicles
                    MONO & DI METHYL AMINES GAS                                                                      cal-based and other raw materials,  it  Kramer would retire in 2024, and that  is proving disruptive, given the amount
                                                                                                                     also manufactures and sells rubber-
                                                                                                                                                       it has hired an executive-search fi rm to  of capital investment and restructuring
            in 50 Kgs & 400 Kgs Capacity Cylinders & Tankers of 8 M.T. to 14 M.T.                                    related  chemicals for various applica-  fi nd a successor.          required, Mr. Kramer said. Competi-
                                        We supplies 40% Solution of:                                                 tions. The  company’s  manufacturing                                tion, meanwhile, now  extends to new
                                                                                                                                                          On a call with analysts, Mr. Kramer  global  EV entrants.  And low-cost
                  MONO & DI METHYL AMINES In Drums                                                                   operations in the  Americas includes   said changes are needed. “As a company  tyres from Asia are gaining traction in
                                                                                                                     four chemical plants, according to in-
                                              We also supplies:                                                      formation on its website. The latest an-  and arguably as an industry, we’re  Europe and Latin America, he said.
                               ANHYDROUS AMMONIA                                                                     GREEN TYRES

         In 50 kgs. 400 Kgs. Capacity Cylinder and Tankers of 10 M.T., 15 M.T. & 19 M.T.
                             Contact : G.J. Multi Gases Pvt. Ltd.                                                    Goodyear and Visolis plan upcycling project
               Regd. Offi. &  Factory: Plot No. N-64, Addl. Ambernath Indl. Area, MIDC, Jambivili Village, Anandnagar,  to produce isoprene
                     Ambernath (E) - 421 506. Tel.: 0251-2620177 / 2620212 / 2620232 / 2620277 / 2621783
                                                                                                                        The Goodyear Tire & Rubber Com-
                     Email: gjmultigases@yahoo.co.in  Mobile: 9821026344 / 9892730119 / 9763333471                  pany, one of the world’s largest tyre                               rage our revolutionary technology to
                                                                                                                                                                                         transform waste materials into valuable
           WE HAVE C.C.E. APPROVAL OF TESTING CYLINDERS OF AMMONIA & MONO-DI METHYL AMINES                           manufacturers, and Visolis, a US-based                              monomers,” said Dr. Deepak Dugar,
                                                                                                                     sustainable technology company, have                                CEO of Visolis.
                                                                               For your requirements of              announced a collaboration  to produce
                                                                               Stearic Acid (Rubber Grade /          isoprene through the upcycling of bio-                                 “We believe that innovation and
                                                                           l
                                                                              PVC Grade / Imported < 0.5 IV)         based materials.  This collaboration  is                            collaboration is key to making progress
                                                                               Distilled Coconut Fatty Acid          supported by a Small Business Innova-                               along our sustainability journey and
                                                                           l
                                                                               Soap Noodles 80-20                    tion Research (SBIR) grant awarded                                  helping us achieve our goals, including
                                                                           l
                                                                               Hydrogenated Soya Oil                 to Visolis earlier this year.                                       net-zero value chain emissions by 2050,”
                                                                           l
                                                                               Hydrogenated Palm Stearin                                                                                 said Mr. Chris Helsel, Senior Vice Presi-
                                                                           l
                                                                             l  Oleic Acid 75%                          Isoprene, an important precursor for                             dent, Global Operations and Chief Tech-
                                                                                Myristic Acid                        some types of synthetic  rubbers, is a  lignocellulosic  feedstocks, which are  nology  Offi cer,  Goodyear.  Goodyear
                                                                           l
                                                                              l  Rice Bran Fatty Acid / Palm Fatty Acid  hydrocarbon that is typically generated  non-edible biomass and agricultural  has been advancing sustainable material
                                                                              l  Lauric Acid                         as a by-product from refi ning crude oil.  materials.  Visolis  conducted an initial  use by investigating new alternative raw
                                                                                Palmitic Acid                        Isoprene units are polymerised using a  carbon footprint analysis to explore the  materials. One example of  this  is the
                                                                           l
                                                                                  Knoll Chem Industries              catalyst to produce polyisoprene, which  reduction  potential  of its process and  90% sustainable-material demonstration
                                                                                                                                                       will continue to evaluate reductions  tyre Goodyear unveiled earlier this year.
                                                                                                                     is used as a raw material in manufactur-
                                                                               Regd. Off.: B/101, Jyoti Plaza Chs Ltd,  ing tyres and other items. The collabo-
                                                                                S.V.Road, Opp.:Anandvan Ashram,                                        further as part of their collaboration  Goodyear, working with its supply base,
                                                                                 Kandivali (W), Mumbai-400067.       ration will leverage Visolis’ technology  project with Goodyear. “We are excited  plans to sell a tyre with up to 70%
                                                                                  Tel.: 022-28013608 / 28013609
                                                                                Mobile: 09920793608 / 09322283608    to produce high-quality isoprene from  to collaborate with Goodyear and leve-  sustainable materials this year.
                                                                            Email: knollchem10@gmail.com / kcip10@gmail.com
                                                                                                       24/18
       162                                                                 Chemical Weekly  November 28, 2023        Chemical Weekly  November 28, 2023                                                              163
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