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According to the company, the court has now determined that the reorganization should proceed as planned.

The AZuR network, which focuses on promoting sustainable management of end-of-life tires and circular economy solutions, said the partnership will support the development of digital technologies for recycling and industrial process optimization.

The development was discussed during RubberCon 2026, held in Paris on April 28-29, where Tyres Europe Secretary General Adam McCarthy stated that EU member states had granted the European Commission permission to initiate the withdrawal process. Europe is understood to be the largest financial contributor to the IRSG, making the potential exit a significant development for the international rubber industry body.

The updated presentation, dated May 8, 2026, has been made available through the company’s website and outlines Pyrum’s progress in scaling its thermolysis-based tire recycling business and expanding industrial partnerships across the circular materials sector.

The complaint, submitted to the Suseo Police Station in Seoul, names former CEO Hwang Yong-kyung, Chief Financial Officer Lee Chung-jin, and Finance Manager Han Seung-yeon as suspects in an alleged scheme involving corporate funds and state-backed subsidies between 2022 and 2023.

The proposal would clarify that specific pyrolysis technologies used for chemical recycling are not considered forms of incineration under the Clean Air Act. As part of the change, the EPA would remove references to “pyrolysis/combustion units” from the definition of municipal waste combustion units under its Other Solid Waste Incinerators (OSWI) regulations.

According to Aliapur, the French tire collection and recovery sector has developed an established operating model over the past two decades, collecting approximately 500,000 tonnes of end-of-life tires annually while exceeding targets for reuse and recycling.

As part of an ongoing strategic review, Cabot said it will cease operations at its reinforcing carbons facility in Campana, Argentina, while also discontinuing production on several manufacturing lines in the Netherlands.</p><p>According to the company, the restructuring measures are intended to better align production capacity with current market conditions while improving long-term cost competitiveness.

According to the meeting notice, the board is requesting authorization to issue new securities on market terms, including the option to accept payment in cash, in kind, by offset, or under other conditions. The company said any issuance that deviates from shareholder preferential rights would be carried out on market-based terms, including customary discounts where applicable.