Chemical and Material Liquid Polybutadiene Market | Page 3

collaborations and agreements between manufacturers, distributers, and marketing firms are prominent factors favoring growth of liquid polybutadiene in the global market. Taking these competitive trends into account the global liquid polybutadiene market is expected to foresee considerable competition during the review period of 2017-2023. Industry/ Innovation/ Related News: June 29, 2017- Total Cray Valley introduced a new PolyFarnesene diol in line of Krasol- brand and Ricon-brand which is liquid polybutadiene resin. It is based on trans-β-farnesene, a renewable alternative to petroleum-based feedstocks like butadiene. Krasol F 3000 can replace polyether and polyester diols. February 20, 2017- Kuraray Co., Ltd. has developed liquid farnesene rubber for tire manufacturing. Sumitomo Rubber Industries, Ltd. has adopted liquid farnesene rubber (LFR) as performance enhancing additive in studless tire WINTER MAXX 02. This LFR is developed by Kuraray using bio- technology derived monomer called Farnesene with help of Amyris, Inc. September 15, 2016- Kuraray Co. Ltd, Sumitomo Corporation and PTT Global Chemical (Thailand) signed MOU for joint study for potential development of Butadiene derivatives in Thailand. In this Kuraray will pursue the global expansion for butadiene and isobutene derivatives along with competitive supply of raw materials. February 16, 2016- Versalis and Genomatica has successfully advanced pilot scale production of bio- butadiene which is used to produce bio-polybutadiene (bio-BR). These bio-butadiene is produced from feedstock of sugars rather than hydrocarbon feedstock. The project started in 2013. The company aims to demonstrate its compatibility with downstream plastic technologies such as styrene butadiene rubber (SBR), styrene-butadiene-styrene rubber (SBS) and Acrylonitrile Butadiene-Styrene (ABS).