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SIGNUS’s project created in partnership with Segurvital – as well as initiatives by Aigües de Mataró, Heineken, Circoolar, Unidad Editorial - Expansión, and Universidad Francisco de Vitoria – has won in various categories in the 4th BASF Circular Economy Awards which took place in Madrid on November 10. As the SME category winner, SIGNUS highlights its involvement in the project developed with the company Segurvital, which has approved a protection system for motorcyclists that incorporates rubber rollers from tires and demonstrated outstanding effectiveness in tests.

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.”

Despite hard efforts of the tire recycling and pyrolysis industry to develop new markets and increase recycling rates, recycled rubber based product markets demonstrate only moderate growth. To tackle the problem and allow thousands of tons of precious materials go back to consumer goods, numerous end-of-life tire management organizations, companies and research labs do their best to find new markets and develop innovative products out of scrap tire rubber.

Pyrum Innovations AG (Pyrum) reports in its press release it won the MATERIALICA Design + Technology Award 2022 together with BASF SE, Mercedes-Benz AG and WITTE Automotive GmbH. The jury honoured the four companies with the Best of Award in the Material category for the innovative new door handles of the Mercedes S-Class and the EQE, in the production of which fossil raw materials are replaced by biomethane and pyrolysis oil from recycled end-of-life tyres (ELT). Together, this closes the cycle of recyclable materials and actively promotes the development of innovative recycling processes, Pyrum says.

The chemical recycling of end-of-life tires (ELT) via state-of-the-art pyrolysis technologies does not only avoid greenhouse gas emissions compared to today’s conventional production processes, but it also increases the resource efficiency while closing the loop in the transition to a circular economy. However, civil organisations criticise the production of fuel through chemical recycling, sometimes mutilate the terminology, pointing to the associated environmental impacts, while they overlook the fact that modern ELT pyrolysis concepts are not geared towards the production of "fuels" (which, by the way, should not be defined as "recycling" but rather as less preferred "recovery" according to the EU waste hierarchy).

Pyrum Innovations AG (Pyrum) has received RCS sustainability certification for its pyrolysis oil, setting another milestone in the company’s commitment to sustainable textile production. This makes Pyrum one of the first companies to have its oil certified according to this standard. The certification ensures that the oil meets all the necessary sustainability criteria required by Pyrum’s customer BASF for the production of its product "Ultramid® Ccyled®", a polyamide for textile applications. Pyrum’s certified pyrolysis oil is fed into the production process by BASF and allocated to Ultramid® Ccycled® using the mass balance approach. The mass balance process and RCS certification also ensure transparent traceability in the supply chain.

New Energy, a Hungarian company specializing in pyrolysis recycling and technology development, announces its recent certification by the International Sustainability and Carbon Certification (ISCC) scheme. This milestone, reached in June 2024, underscores New Energy's dedication to sustainability and innovation.

Chemical recycling is an emerging theme in waste management which has the potential to contribute to a low carbon, resource efficient and sustainable economy. In enabling the use of carbonaceous waste as secondary carbon feedstock to replace fossil resources to produce organic chemicals, it could support efforts to transit carbon intensive industries from the linear to a circular carbon economy. A sustainable society with climate-neutral processes requires significant adjustments in the value chains, which are only possible through innovations. In the “Waste4Future” lighthouse project, seven institutions of the Fraunhofer-Gesellschaft (Germany) are pooling their expertise to develop new solutions for this goal, from the raw material basis to material flows and process engineering to the end of a product’s life cycle. They aim to increase energy and resource efficiency when using plastics and thus pave the way for a chemical industry that requires fewer fossil raw materials and causes fewer emissions.

Are you an investor seeking for interesting investment opportunities with reliable technology and ROI rates higher than the market average? We at Weibold can help you find lucrative investment opportunities in the pyrolysis industry. Weibold is a consulting company focused exclusively at pyrolysis and tire recycling. We work hand in hand with numerous product suppliers, pyrolysis equipment manufacturers and many other stakeholders in the industry. Over the last decade, the pyrolysis industry has been steadily growing and maturing. Big multinationals like BASF, Continental, Michelin, Bridgestone and others see huge potential in the pyrolysis industry.