Lehigh Technologies, which manufactures micronized
rubber powders used in tire production, is implementing
global price increases averaging 7 percent on its
MicroDyne and PolyDyne lines.
Effective Oct 15, the company cites a wide range of
input costs, fuel costs and general increases in
business expenses such as healthcare and
insurance.
“We have absorbed rising input costs throughout the
year. This modest increase will compensate for these
costs while allowing us to continue offering products
at a lower cost than the non-renewable virgin materials
we are replacing at same or better performance,” says
CEO Alan Barton.
Lehigh’s proprietary manufacturing process takes end-
of-life tire and other post-industrial rubber material
and “upcycles” it into micron-scale, high quality,
sustainable powders that are compatible with tire
makers’ existing formulations, making it easy to
integrate into new or existing products, according to
Barton.
“This material not only help companies achieve
sustainability goals, but also can improve performance
attributes such as water resistance, energy savings and
flexibility while delivering significant costs savings
over virgin raw materials,” he says, adding that 100
million tires containing the company’s products have
already been produced.
For more information, visit www.lehightechnologies.com.
