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Neste, Borealis and Covestro have signed a project agreement to enable the recycling of discarded tires into high-quality plastics for automotive applications. The collaboration aims at driving circularity in plastics value chains and the automotive industry. When no longer fit for use, tires are liquefied by means of chemical recycling and then processed into base chemicals and further into polycarbonates of high purity. These can then be used in various automotive applications, from parts of headlamps to radiator grilles.

ASTM International, formerly the American Society for Testing and Materials, is a globally recognized leader in developing and delivering voluntary consensus standards. Founded in 1898, ASTM provides a forum for producers, users, consumers, and other stakeholders to create and update standards transparently. The organization supports industries worldwide by offering over 12,000 standards that enhance safety, quality, and performance across various sectors. ASTM standards are utilized in research, product development, and quality assurance to improve public health and safety.

Building upon the success of last edition of summit, ACI announced that the European Carbon Black Summit is returning over the 19th & 20th June 2024, in the city of Amsterdam. To register for the Summit, ACI offers a special 10% discount to all Weibold’s subsribers available via the promo code “CCBe4MKTWeibold”. For further information or to register your attendance contact Rohan Baryah on rbaryah@acieu.net or +48 61 646 7022 quoting the promo code.

Messer will present gas solutions supporting the circular economy of tires at The Tire Cologne 2024, June 4-6, 2024, in Cologne, Germany. Messer, the world’s largest privately held industrial gas specialist, will take part in The Tire Cologne together with AZuR (Allianz Zukunft Reifen), a network committed to fostering a circular economy for tires. Messer’s booth will be centrally located in hall 7.1, booth A040 – B049, in the exhibition area dedicated to circular economy, where the latest technology solutions for the sustainable production and recycling of tires will be presented.

Neste, Marubeni Corporation and Resonac Corporation have entered into a cooperative agreement to enable the production of renewable olefins and derivatives. The cooperation involves Neste RE™, a Neste-produced renewable raw material, being used to manufacture products at leading Japanese chemical company Resonac’s Oita Complex in Japan. Marubeni, a major Japanese general trading and investment conglomerate, will coordinate all logistical arrangements from Neste to Resonac. Renewable Neste RE is a bio-based feedstock used in steam crackers. It is made from 100% renewable raw materials such as waste and residue oils and fats. Consisting of pure hydrocarbons, Neste RE can be used to replace conventional feedstock such as fossil naphtha in chemicals value chains, contributing to a reduction in greenhouse gas (GHG) emissions.

CSRC group's board has approved a partnership with Eco Infinic Co., Ltd., a subsidiary of SHEICO group, to invest in the recovered carbon black (rCB) business at the former site of Continental Carbon Company (CCC) Phenix plant. This joint venture aims to develop the North American market for recovered carbon black and commence production in 2026. According to CSRC, the new plant will be one of the largest in North America, with an annual capacity of 30,000 tons of rCB, 35,000 tons of tire pyrolysis oil (TPO), and 2,300 tons of steel wire. The joint venture will be 65% owned by Eco Infinic, with CSRC and CCC jointly holding 35%. Specifically, the capital contributions to the joint venture are as follows: CSRC will contribute USD 12,500,000 in cash for 21% of the shares; CCC will contribute assets worth USD 8,500,000 for 14% of the shares; and Eco Infinic will contribute USD 39,000,000 in cash for 65% of the shares.

Scandinavian Enviro Systems (Enviro) currently has an ownership stake of 8.78 percent in the joint venture that the company formed together with Antin Infrastructure Partners’ NextGen platform and which is supported by Michelin. Enviro's share of ownership will shift as the joint venture company is capitalized, Enviro is compensated for the achievement of certain milestones and depending on when Enviro exercises its option to buy into the company.

Discarded tyres pose significant environmental and health risks, accumulating in landfills, and polluting ecosystems with toxic substances. The current scale of tyre waste exceeds the reach of existing recycling efforts, with over half of Europe’s waste being incinerated or being exported to Asia and Africa for environmentally damaging disposal, underscoring the vital need for innovative solutions in tyre waste management. Moreover, the increasing adoption of electric vehicles will further exacerbate the tyre waste problem as tyres used for electric vehicles wear down faster. CIRCTEC, a UK-headquartered technology company, has developed a proprietary technology for decomposing old tyres through pyrolysis, (a process that transforms waste into valuable circular materials through thermal decomposition in an oxygen-free environment), and for upgrading the products to high-quality recycled chemicals and renewable fuels.

Last week, the municipal council of Perl voted on the amendment to the development plan for the site of the new plant of Pyrum Innovations AG (Pyrum) and approved the amendment to the articles of association and thus the new development plan by a majority. Accordingly, only the construction of a tyre thermolysis plant of Pyrum GreenFactory II GmbH was approved on the property. Furthermore, the implementation agreement between the municipality of Perl and Pyrum Innovations AG was signed, which, among other things, stipulates the forest compensation areas for the building site. All comments from authorities, public bodies and the local population were also discussed and taken into account.