South Korean LD Carbon and Japanese Sumitomo Rubber Industries to commercialise recovered carbon black and pyrolysis oil
South Korean waste treatment and raw material recycling company LD Carbon (CEO Baek, Seong-mun and Hwang, Yong-kyung) announced that it had signed an MOU with Japan’s Sumitomo Rubber Industries, Ltd. for the commercialization of sustainable tire raw materials. Sumitomo Rubber Industries is a global tire manufacturer head quartered in Japan, ranked global No.5 in terms of sales (approximately 7.25 billion USD) LD Carbon and Sumitomo Rubber Industries held a business agreement ceremony at the headquarters of Sumitomo Rubber Industries located in Kobe, Japan on November 18 and promised to cooperate in the commercialization of recovered carbon black and pyrolysis oil.