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Wastefront AS, the Norwegian waste tire recycling company, announced a strategic partnership with global energy storage infrastructure provider VTTI, for investment of up to USD 43 million and an agreement to reach a final investment decision for eight global sites within a five year period. VTTI – backed by leading energy and infrastructure players Vitol, IFM Investors and ADNOC (the Abu Dhabi National Oil Company) – is one of the world’s largest independent energy storage infrastructure providers with key locations around the world. The investment in Wastefront and planned investments in future plants are part of VTTI’s global growth strategy in which circular products are an important pillar, with an ambition to conduct more than 50% of its activities in new and transitional energy sources by 2028.

Broad renewable emissions and energy targets set by governments and supra-government organisations are finding their way into directives that will eventually become laws or regulations. These laws will have a massive impact on the business models and commercial aspects of a multitude of industry sectors. Staying abreast of how the maze of impending regulations in different global regions will affect business strategies has become a major task for executives. In this series of articles, we aim to alert leaders in our industry at a high level to the developments that will likely warrant further study and ultimately affect their decisions.

Contec S.A. – a company that specializes in producing sustainable raw materials by upcycling end-of-life tires – has successfully secured a total of EUR 15 million in funding this year. The largest Polish manufacturer of steel roofing and facades – Pruszyński – has contributed an additional EUR 5 million to the funds already provided by VINCI and the Warsaw Equity Group. These two entities had initially invested EUR 10 million in Contec back in March 2023. The investment will be used to triple the capacity of Contec’s current facility in Szczecin, Poland, and to position the company for the construction of several new commercial plants across Europe. This will support Contec's mission to accelerate the transformation of the manufacturing industry toward carbon neutrality.

Carlton Forest Renewables announced a partnership with Australian Triskel. In a venture created to support the Australian market with its ban on the export of end-of-life tires (ELTs), Triskel will act as an agent for Carlton Forest Renewables in the ANZ and Pacific Islands region, showcasing the technology that is on offer and the positive impact it has on dealing with ELTs. “We are very happy to have secured the deal with the Carlton Forest team and to be working with them as we seek new ways of dealing with ELTs in Australia,” said Virginie Senbel-Lynch, Managing Director of Triskel. “The vision and entrepreneurship displayed by CEO Mark Pepper and his team is incredibly impressive and represents a real game-changer in the way ELTs are recovered and processed across the globe.”

The Recovered Carbon Black 2023 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 the conference at the Hyatt Regency Barcelona on the 7-8 November 2023. For everyone interested in the conference, Smithers and Weibold have prepared a special PROMO CODE “RCB2310”, which gives a special 10% discount. To register for the conference and use the promo code, please proceed to the event’s website and enter the code in the end of your registration.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires (ELT) based on its patented pyrolysis technology, has commissioned the first automated, semi-industrial recycling plant for carbon fiber-reinforced plastics (CFRP) after almost four years of development. This is the first time CFRP has been holistically recycled worldwide. The plant is located at the main factory in Dillingen/Saar and will serve as the cornerstone for the construction of an industrial plant. This opens up another promising market for Pyrum alongside the recycling of used tires. Fiber-reinforced composites, which include CFRP, are used in a wide variety of areas, including the transport industry in the production of passenger cars and commercial vehicles, aviation and public transport.

Mars Mineral, a global provider of pelletizing technology equipment, has entered into a memorandum of understanding (MOU) with South Korean-based LD Carbon to develop and install Mars’ pin mixer technology at LD Carbon’s newest pyrolysis and recovered carbon black (rCB) facility, which will be the largest of its kind in Asia. LD Carbon is a material industry company that supplies its Green Carbon Black, an eco-friendly rCB made from waste tires that have been pyrolyzed, refined, and processed for reuse by tire and rubber manufacturers. LD Carbon also reclaims pyrolysis oil from the process that is used for replacing crude oil and raw material of petrochemical products.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires (ELTs) based on its patented pyrolysis technology, is taking the next step in its cooperation with Mercedes-Benz AG. In future, the company will recycle several hundred tonnes of used tires from the Mercedes-Benz Used Parts Centre every year. The company produces pyrolysis oil from the ELTs using its own innovative process. The pyrolysis oil produced is then supplied to the cooperation partner BASF SE, which uses the oil as a raw material in combination with biomethane in the production of virgin plastics for the manufacture of Mercedes-Benz vehicle components. Pascal Klein, CEO of Pyrum Innovations AG: “We are very pleased to take the next step in our cooperation with Mercedes-Benz. Through the chemical recycling of end-of-life tires from Mercedes-Benz vehicles, we can jointly reduce the use of fossil resources and ultimately close material cycles.”

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires (ELT) based on its patented pyrolysis technology, has signed a contract with premium tire manufacturer Continental for the supply of recovered carbon black (rCB). With the conclusion of the contract, there are now long-term serial supply contracts for all of Pyrum's core products, in addition to the contract for the supply of pyrolysis oil to BASF SE. Pascal Klein, CEO of Pyrum Innovations AG: “The long-term supply contract is a huge step for our company. We have now concluded serial supply contracts for all core products. As with our pyrolysis oil, the demand for our rCB is much greater than we can currently meet. Therefore, we will expand our production capacities in the next few years and expect to triple our capacities already this year with the commissioning of production lines II and III at our site in Dillingen.