HANWA THAILAND CO., LTD., a subsidiary of HANWA CO., LTD., has made a partial investment in PYRO ENERGIE CO., LTD., a tire pyrolysis recycling company based in Thailand.

Globally, large volumes of end-of-life tires and off-spec products from tire manufacturing continue to pose environmental challenges, including illegal dumping and landfilling. While HANWA Group currently supplies tire chips as a low-impact energy source to industrial users in Japan, pyrolysis has become a leading recycling method in international markets.

Pyrolysis involves heating waste tires in an oxygen-free environment to produce byproducts such as pyrolysis oil and carbon residue. These outputs can be reused as fuel or as raw materials in tire production and other industrial applications, contributing to decarbonization efforts.

Through its investment in PYRO, HANWA aims to increase the value of pyrolysis-derived materials and develop a global supply chain in collaboration with tire manufacturers. The resulting products will be supplied to the chemical, synthetic rubber, and tire sectors, supporting the transition to a more sustainable circular economy.

HANWA and HANWA THAILAND have both obtained “ISCC PLUS” and “ISCC EU” certifications under the International Sustainability and Carbon Certification system. The group will continue expanding its activities in certified biomass and recycled products as part of its commitment to a decarbonized society.

To learn more about the topic, proceed to press release by The Nation.