Page 163 - CW E-Magazine (28-11-2023)

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
it has hired an executive-search fi rm to of capital investment and restructuring
also manufactures and sells rubber-
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
Chemical Weekly November 28, 2023 163
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