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In recent years, Corporate Social Responsibility (CSR) has evolved from a peripheral concern to a central pillar in the strategic planning of businesses worldwide. CSR encompasses a company's initiatives to assess and take responsibility for its effects on environmental and social well-being. This shift reflects broader societal changes, including increased public awareness of environmental issues, more stringent governmental regulations, and a growing expectation for businesses to contribute positively to society.

Pyrum Innovations AG (Pyrum) today published its consolidated interim report for the period from 1 January to 31 March 2024. Revenue in the first three months totalled € 336 thousand and was therefore around € 54 1TP3 thousand higher than in the same period of the previous year (3M 2023: € 218 thousand). Own work capitalised amounted to € 1,615 thousand (3M 2023: € 2,958 thousand) as construction of the plant expansion in Dillingen progressed according to plan. The decrease corresponds to the lower cost of materials required to produce own work capitalised as the degree of completion of the plant expansion increases. Due to the lower level of own work capitalised in the reporting period compared to the same period of the previous year, total operating performance fell by around € 1TP3k to € 2,177k (3M 2023: € 3,188k). At € 148 thousand, other operating income was around € 85 thousand higher than in the same period of the previous year (3M 2023: € 80 thousand). The consolidated net loss for the period totalled € ‑2,684 thousand (3M 2023: € ‑2,237 thousand). The available liquidity as at 31 March 2024 was € 7,065 thousand (31 December 2023: € 4,275 thousand).

According to Swedish Tyre Recycling (Svensk Däckåtervinning AB), the company has been working with balance since 1994, and this year marks their 30th anniversary. The company focuses on aligning society’s need for resources with the planet’s renewable capacity to promote a sustainable existence. This involves using existing resources for longer periods with minimal modification, particularly in areas where virgin extraction would have significant consequences.

Recovered Carbon Black is the must-attend event for anyone involved within the carbon black supply chain! The Recovered Carbon Black Conference provides a much-needed platform for experts and innovators, who research, develop and commercialise recovered carbon black to stay updated on the latest market developments, challenges and opportunities. Over 400 rCB representatives are expected to join us at the Steigenberger Airport Hotel Amsterdam on the 5-6 November 2024.

LD Carbon, a Seoul-based producer of recovered carbon black (rCB), has closed a $28 million Series C funding round led by Toyota's growth fund, Woven Capital, with participation by Meritz Securities, Investwith, Industrial Bank of Korea, Hyundai Motor Group Zer01ne, Elohim Partners and New Main Capital. LD Carbon will use the investment to scale operations to recycle end-of-life tires and materials from end-of-life vehicles into rCB and tire pyrolysis oil (TPO) through pyrolysis, which can be used to create new automotive parts and tires. The company says the investment will advance its mission of accelerating the circular economy while delivering material cost and carbon savings to global customers.

Orion S.A., a global specialty chemicals producer, is installing multiple tire pyrolysis oil tanks at its plant in Jaslo, Poland – the company’s latest move toward boosting production of circular carbon black. The tanks will serve as reception points for TPO delivered to the plant. The TPO will be pumped from the tanks to furnace black reactors, which transform the oil into circular carbon black.

With the UK elections approaching on July 4th, Tyre and Rubber Recycling Magazine has recorded a special episode for the Tyre Recycling podcast. Episode 62 examines the current status of waste tyre management in the UK and the policies that the campaigning parties propose to implement if elected. Editor Ewan Scott interviews Peter Taylor OBE, Secretary General of the Tyre Recovery Association, discussing the challenges a future government might face and his aspirations for proactive measures rather than the inaction seen concerning the T8 exemption.

In a relatively short period of time, pyrolysis has evolved from having “a very bad reputation” to becoming “a real solution” for end-of-life tyres (ELTs) through its increasingly sophisticated delivery of a range of highly sustainable raw materials, declared Robert Weibold in his opening remarks to the BIR Tyres & Rubber Committee session in Copenhagen on May 28. Figures provided by the Managing Director of Austria-based tyre recycling and pyrolysis consultancy Robert Weibold GmbH indicated that annual global production of tyre pyrolysis oil (TPO), untreated char, and milled and pelletized recovered carbon black (rCB) currently amounted to, respectively, 1.7 million tons, 1.2 million tons and 180,000 tons from a tyre feedstock of 4.5 million tons.

Circtec Ltd, one of the global leaders in end-of-life tyre chemical recycling through pyrolysis technology has acquired Granuband B.V., a leading Netherlands end-of-life tyre collection and recycling company. With a substantial recycling plant in the industrial port of Amsterdam, capable of processing 50,000 tonnes per year of end-of-life tyres into granulate, moulded products and tyre chips, Granuband is one of the main end-of-life tyre recycling companies in the Benelux region.