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Fullerton Fund Management announced that its Fullerton Carbon Action Fund has completed an investment in PyroEnergie, Thailand’s leading end-of-life tyre (ELT) recycler. This marks the Fund’s second deployment and its first investment in Southeast Asia, reinforcing its strategy of backing established, mid-market leaders that combine scalable decarbonisation impact with strong financial fundamentals.

For more than a decade, the European tire pyrolysis sector has lived with a paradox. Technically, pyrolysis (or pyrolysis) of end-of-life tires (ELTs) has demonstrated its ability to recover valuable hydrocarbons and return them to the chemical value chain. Legally, however, the main product – tire pyrolysis oil (TPO) – often remained burdened with the classification of “waste,” even when it was demonstrably used as a substitute for fossil feedstocks in petrochemical applications. This legal ambiguity has been one of the central barriers to industrial scale-up, financing, and long-term offtake agreements.

As reported by the European Ruber Journal, Farrel Pomini expanded its investment in UK-based waste tire pyrolysis specialist WF Recycle-Tech, securing majority ownership and strengthening ties between the two companies. The move marked a significant step in scaling pyrolysis-based tire recycling technologies globally.

A recent report by NITI Aayog, Enhancing Circular Economy of Waste Tyres in India, outlines how India can transform its growing end-of-life tire (ELT) challenge into a strategic opportunity for circular economy development, resource security, and emissions reduction.

MC Pyrolysis introduced a continuous screw pyrolysis plant designed for the recycling of end-of-life tires and rubber waste, highlighting a reactor concept that had already been operating at industrial scale in China for several years. The system was developed around a 27-meter screw reactor intended to support continuous processing rather than batch operation, addressing some of the operational constraints traditionally associated with tire pyrolysis.

Circtec has completed construction of Phase 1 of its end-of-life tyre pyrolysis recycling facility at Delfzijl, the Netherlands. The plant is now in operation and recycling fifty thousand tonnes of waste tyres per year into high-quality circular products. The plant was formally opened by King Willem-Alexander in a ceremony in which the King commenced operations by feeding waste tyres into the recycling process himself. The ceremony was also attended by the Netherlands Deputy Prime Minister and Minister of Climate and Green Growth and the British Ambassador to The Netherlands.

German Alliance for the Future of Tires (AZuR) reports thar each year, more than 500,000 metric tons of end-of-life tires are generated in Germany. Tires that can no longer be repaired, regrooved, or retreaded are ideally directed toward climate-friendly recovery pathways—preferably mechanical recycling, followed by chemical recycling where appropriate. A new film released by the Alliance for the Future of Tires (AZuR) clearly illustrates how tire pyrolysis plays a key role in avoiding waste, keeping valuable raw materials in circulation, and sustainably substituting fossil resources.

Continental’s tire manufacturing plant in Mount Vernon, Illinois, has become the company’s first facility in the United States to receive International Sustainability and Carbon Certification PLUS (ISCC PLUS). According to Continental, the certification confirms compliance with strict documentation and traceability requirements for renewable and recycled raw materials and represents an important step in the company’s global sustainability strategy.

VTTI B.V., an industry leader in energy infrastructure, has opened a market consultation for recovered carbon black (rCB) as part of the VTTI TyreLoop Antwerp project at its existing terminal VTTI Antwerp, Belgium. The initiative marks an important milestone in VTTI’s commitment to addressing the global waste challenge and supporting the energy transition.