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Hankook Tire & Technology has released its 2023/24 ESG Report, detailing the company’s sustainable management activities and long-term strategies. Now in its 15th edition, the report focuses on three main areas: Eco Value Chain, Sustainable Product, and Responsible Engagement, all under the company’s vision of "Innovation for a Sustainable Future." Key achievements include a significant focus on carbon reduction. In August 2023, Hankook Tire became the first tire company in Korea to have its carbon reduction targets approved by the Science Based Targets Initiative (SBTi). The company aims to reduce greenhouse gas emissions by 46.2% from manufacturing and 27% across its value chain by 2030, with the ultimate goal of reaching Net Zero by 2050.

Pyrum Innovations AG, in collaboration with Schwalbe, has reached a significant milestone in their tire recycling program, with 1,000,000 bicycle tires successfully collected, recycled, and reintroduced into the material cycle. This achievement highlights the effective partnership between the two companies in advancing sustainable solutions within the circular economy.

The TRRAI Conclave 2024, organized by The Tyre & Rubber Recycling Association of India, will take place this week. Franklin Raj, the pyrolysis business analyst, will participate in the Conference on behalf of Weibold’s team. If you would like to meet with Franklin Raj, discuss pyrolysis technologies, business opportunities, or Weibold's consulting services and products, please send your inquiry at franklin@weibold.com.

Jaipur, India - The Tyre & Rubber Recycling Association of India (TRRAI) is proud to announce its second conclave, scheduled for August 24th at Ananta Spa and Resort, Jaipur. This prestigious event aims to bring together industry leaders, experts, and stakeholders to discuss the future of tyre recycling in India, focusing on sustainable practices and innovative solutions.

The Kyrgyzstan tire recycling plant, operated by a branch of Kumtor Gold Company LLC, is set to complete its testing phase by late 2024. President Sadyr Japarov recently visited the facility in Tokmok town, Chui Region. Having started test operations last year, the plant has already recycled 900,000 kilograms of tires in eight months. The primary goal of the project is to reduce environmental impact through waste tire recycling, utilizing modern German technology for cleaner production.

Tire Stewardship BC (TSBC) recently shared an insightful video about the tire recycling process in British Columbia, originally published by Global News. Before used tires from millions of road users in BC reach the end of their life, Tire Stewardship BC collects them across the province. Every tire is transported to the processing plant in Delta, BC. This local initiative has prevented tons of rubber from ending up in landfills since 1991, managing the recycling of about 5.5 million car tire equivalents each year.

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Two years ago, a severe drought hit the Nelson Mandela Bay municipality on the southern coast of South Africa. Reservoirs were nearly empty, pushing the population of 1.3 million close to “day zero” when water stops flowing from the taps. The region is home to an Orion S.A. facility that produces carbon black – an essential material for the country’s tire industry. The crisis inspired Orion to find a solution that would help the municipality conserve its precious water supply.

According to Rubber News, there's a troubling trend in the tire recycling industry: in 2013, 96% of end-of-life tires were recycled, but by 2021, this dropped to 71%. The U.S. Tire Manufacturers Association (USTMA) will release its 2023 scrap tire study soon, expecting a slight increase from 2021. However, tens of millions of tires still end up in landfills or are illegally dumped each year.