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Argus Media recently reported that Spanish trading company Nexolub has signed a 10-year offtake deal with a tire pyrolysis company Life for Tyres (L4T) to market advanced pyrolysis oil from a new plant in Puertollano. The project is expected to be completed in December and, reportedly, will become one of the biggest of its type in Europe. According to the press release by Argus Media, L4T says the €30 million plant will begin production of 10,000 tons per year of pyrolysis oil, made from recycled end-of-life tires, in the first quarter of 2022. The recovered oils can be used as an advanced biofuels feedstock under annex IX of the EU's recast Renewable Energy Directive (Red II).

ICIS, a global commodity intelligence source, has introduced Plastic Pyrolysis Oil Pricing Indexes to meet growing consumer demand for pricing chemical recycling outputs. This groundbreaking move establishes ICIS as the pioneer in offering such a pricing index. Plastic pyrolysis oil (PPO) is a sustainable alternative to fossil-based naphtha in plastic production, aligning with the chemical industry's transition to a circular economy, driven by consumer, investor, and regulatory pressures.

According to the recent Pyrum's press release, the company has reached a new milestone with reactor 2 (TAD 2) of the new plant at its main site in Dillingen/Saar. In the course of the third commissioning run of TAD 2, the first truck with a delivery volume of around 24,000 litres of pyrolysis oil will be sent to BASF this morning. Following the last test run, the pyrolysis oil was carefully tested to ensure that it met all the required specifications. The sampling of the oil was successful, so delivery to BASF can proceed as planned and there are no more obstacles to future deliveries. Around 60,000 litres of oil have already been produced at the new plant and further deliveries are expected in the near future.

Wastefront AS – a Norwegian waste tire recycling company – in collaboration with leading Swedish chemical engineering company Hulteberg Chemistry & Engineering AB – announced that it has been awarded a €2 million grant from Eureka Eurostars, the world’s largest funding-program for business collaborations in creating innovative products for commercialisation, and the Norwegian Research Council and the Swedish Innovation Agency. The total project-funding amounts to €2.076 million: €1.038 million from Eurostars and €1.038 million from project partners.

According to company’s statement, the project, the investment value of which has not been disclosed, will utilize pyrolysis and hydrotreating technologies to convert end-of-life tires into renewable drop-in advanced biofuels that can be used in diesel and petrol and qualify as development fuels under the UK’s Renewable Transport Fuel Obligation (RFTO).

The oil and recovered carbon black that Scandinavian Enviro Systems (Enviro) produces from end-of-life tires in its plant in Åsensbruk have been accredited under the International Sustainability & Carbon Certification (ISCC) scheme. The information comes from the recent press release by the company. In doing so, Enviro has become – reportedly – the first company in the world to receive ISCC certification for recovered carbon black, and the certification is also confirmation of the previously communicated higher commercial values of both carbon black and oil.

To facilitate independent power generation for business, Carlton Forest Group invested in not only the technology of a pyrolysis process but the entire South African company – IRR Manufacturing, such was its belief that it had the potential to revolutionise power generation through a cyclical process.

ShipInsight – an online magazine focused on ship operation, ship management and marine journalism – reports that an energy and commodity trader Vitol and Wastefront, the Norwegian waste tire pyrolysis company, have announced a 10-year offtake agreement for the production of liquid hydrocarbons (pyrolytic fuel oil) and certain non-liquid products which will be produced at Wastefront’s first waste tire pyrolysis plant in Sunderland, UK, on its completion in 2023. In addition to the offtake agreement, Vitol and Wastefront have also established a framework agreement for the 10-year offtake from future end-of-life tire pyrolysis plants to be developed and built by Wastefront.

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.