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On October 21, Bridgestone held a groundbreaking ceremony on October 21 for its new pilot demonstration plant for precise pyrolysis*1of end-of-life tires at its plant in Seki City, Gifu Prefecture, Japan. The ceremony brought together 32 participants, such as Seki City Mayor Kiyoshi Yamashita and representatives from the Ministry of Economy, Trade and Industry, as well as other stakeholders, who gathered to pray for the safety of the construction of the new plant.

JANUARY 2024: Global circularity must be doubled by 2032. The Circularity Gap Report 2024 reveals a decline in global circularity to 7.2%, emphasizing the urgent need for transformative action. Excessive material consumption drives environmental harm and inequality, with high-income nations disproportionately responsible. The report outlines 16 solutions across key sectors to reduce material use by 30% while improving well-being.

Bridgestone has announced plans to construct a pilot demonstration plant for precise pyrolysis of end-of-life tires at its plant in Seki City, Gifu Prefecture, Japan. The plant will start operating in 2027 with an aim to realize horizontal recycling of tires. The facility will demonstrate the technology needed for establishing and optimizing precise pyrolysis of end-of-life tires, which involves obtaining tire-derived oil and recovered carbon black from end-of-life tires. In demonstrating this technology, Bridgestone aims to help accelerate the social implementation of chemical recycling technology. This project is part of the company's exploratory business for "Sowing New Seeds" in its Mid Term Business Plan (2024-2026) for sustainable growth in the future.

Contec has unveiled the progress on its upcoming rubber application laboratory. With an investment of 1 Million EUR, Contec has built a new facility to enhance the performance applications of recovered Carbon Black (rCB). According to Contec, the company has completed the purchasing process, acquiring the best equipment available on the market through collaboration with top industry professionals. The next step is the installation of this cutting-edge laboratory.

Pyrum Innovations AG (Pyrum) and the bicycle tyre manufacturer Ralf Bohle GmbH (brand: “Schwalbe”) have concluded a framework agreement for the long-term purchase of Pyrum’s recovered Carbon Black (rCB). The agreement covers the purchase of rCB at a fixed price for a term of ten years. This is already the second framework agreement of this scope that Pyrum has been able to conclude, in addition to the one with Continental. Both parties have agreed not to disclose the purchase price. Schwalbe’s supply of bicycle tyres to Pyrum will also be further expanded in this context.

Ecolomondo Corporation is pleased to announce that it has received and began the installation of its new milling line, as planned. The Company recently received the delivery of its new milling line purchased in August 2024. The Company has been preparing for the installation of the new milling line for several months to ensure its installation would be as seamless as possible.

End-of-life tires represent a significant global waste problem. Their robust structural and chemical properties pose challenges for traditional recycling methods. With 1.5 billion tires manufactured annually, the environmental impact is substantial, with each tire contributing approximately 300 kg of CO2 emissions. The increase in tire production, driven by the rise of electric vehicles, underscores the urgency for effective recycling strategies. Waste tires are not only difficult to dispose of but also pose environmental hazards when dumped or incinerated. Traditional disposal methods like open dumping and incineration lead to issues such as fire hazards, mosquito breeding grounds, and the release of harmful pollutants.

On February 7, the joint venture between Scandinavian Enviro Systems (publ) (Enviro), Michelin and Antin Infrastructure Partners made the final investment decision regarding the construction of the end of life tire recycling plant in Uddevalla, Sweden. The joint venture has secured equity financing for the construction of the plant and signed multi-year agreements for the supply of end-of-life tires and offtakes for the recovered carbon black and oil products. The signed agreements regarding deliveries of recovered materials have a total value of approximately MEUR 180 (SEK 2 billion) over the contract period, which varies between 5 and 10 years.

Ecolomondo Corporation – a Canadian supplier of thermal decomposition process technologies for end-of-life-tires – announced that it has selected Maylan Group Inc. of Hawkesbury, Ontario, to construct the building that would house its new Thermal Decomposition Process (TDP) turnkey facility to be located in Hawkesbury, Ontario. The Company and the Contractor have recently signed a binding Design-Build contract with a not-to-exceed price of $6.6 million, with substantial completion expected by January 15, 2020.