Search Results

According to the latest press release by Audi Hungaria Zrt., as a result of the company’s collaboration with New Energy Kft., from now on, tire waste generated at the site of Audi Hungaria in Győr will be chemically recycled, thereby avoiding the release of microplastics and the hazardous substances that leach from them into the environment during recovery. The process used for this is pyrolysis, in which tire waste is chemically converted into oil. The oil produced is used by petrochemical companies to produce new plastics, while the resulting recovered carbon black (rCB) is utilized in tire production. The gases produced during pyrolysis are used to generate the high temperatures needed for the process.

Bolder Industries – an American recover carbon black (rCB) producer – reports that while large global brands focus more on product circularity and sustainability, Bolder will use funding to support its global expansion and vision to scale up sustainability. Bolder Industries, Inc., the pioneer in converting end-of-life tires into sustainable carbon black (BolderBlack®), petrochemicals (BolderOil^TM), steel (BolderSteel^TM), and power, announced it has raised $80 million in equity and an additional $100 million in committed project-level funding, co-led by CIM Group and Aravaipa Ventures, and supported by strategic partner Tauber Oil, to accelerate its commercial scalability and advance its environmental, social, and governance (ESG) impact globally. Funding will support the global growth for Bolder Industries based on its proven circular solution for end-of-life tires to meet increasing customer demand, including long-term contracts from major automotive, manufactured rubber, plastics and sustainable petrochemicals partners.

With new European partners, Allianz Zukunft Reifen (AZuR) is gaining additional expertise in pioneering technological fields of the tire circular economy. Among AZuR’s new partners is now Weibold – tire recycling and pyrolysis consulting company from Austria. Beside this, AZuR-Network joined: The Bavarian CTS Bitumen is the technology leader in the rubber modification of bitumen for road construction.

Klean Industries Inc., a cleantech company specialized in the conversion of waste into energy and recovered resources, announced in mid-January 2021 that they have been nominated for an award in the Business Innovation category of the first edition of The Recircle Awards. As a technology pioneer, Klean say they recognize the challenges of creating, financing and successfully deploying innovative technologies that reduce the consumption of virgin resources and recovery of valuable materials and energy from end-of-life tires. As one of the pioneers in the advanced thermal treatment of scrap tires, waste plastic and municipal solid waste, Klean continues to advance its technology offering for its customers and new clients alike with the rollout of the KleanLoop™ Blockchain DApp and its Distributed Ledger Technology (“DLT”).

To build a successful tire recycling or pyrolysis business, one needs to first of all identify markets and products and properly build sales channels. This is a rather complex task, as it is composed of many difficult and field-specific details.Nowadays one may think of the Internet as a pioneering marketing tool to help sell products. Partly this is true, as there are many platforms for retailing or wholesaling across the entire world. But despite the ease of launching online sales, feasibility needs to be carefully calculated before you start recycling tires.

Today, more than 80 percent of the carbon backbone that most chemicals are made of is still derived from fossil raw materials. This means that neither the basic chemicals, which are made from petroleum feedstocks, nor the products made from them are sustainable. The load limits, such as climate change, ocean acidification and integrity of the biosphere, are far exceeded by most chemicals. Some chemicals even exceed Earth's exposure limits by more than 100 times. This is the conclusion reached by the University (ETH) in Zurich in a recent study published in the expert journal Green Chemistry (2021, 23, 9881) in which the most produced 490 chemicals have been analysed through the lens of seven planetary boundaries representing critical biophysical limits that should never be exceeded.

Contec S.A., a startup recovering industrial raw materials from used tires, has raised EUR 10 million in their latest funding round. These funds will be used to expand the efficiency of Contec's plant (Szczecin, Poland) almost threefold. Two investors are providing the funds: HiTech ASI, the corporate venture capital fund of Bank Gospodarstwa Krajowego, and the Warsaw Equity Group, which is the majority shareholder. Contec S.A. invests in increasing processing capacity The lead investor of the round is HiTech ASI, managed by VINCI - a subsidiary of Bank Gospodarstwa Krajowego. The second investor is Contec's major shareholder, the Warsaw Equity Group. The funds obtained (EUR 8 million - HiTech ASI and EUR 2 million - Warsaw Equity Group) will be used to increase the processing capacity of Contec's Szczecin plant. Once completed, the plant will be able to nominally process 33,000 tons of used tires per year – three times more than today. In addition, the modernization will increase the production capacity of post-pyrolysis oil and recovered carbon black.

Business Wire recently reported that Bolder Industries (“Bolder”), a pioneer in converting end-of-life tires into sustainable industrial products such as recovered carbon black (rCB), and Continental Carbon Company (“CCC”), a leader in the development and manufacture of furnace-grade carbon blacks for the tire and rubber industry, announced on November 17 that they have entered into a co-marketing agreement to commercialize breakthrough, sustainable products for the global rubber and plastics industry.

On March 10, 2021, Black Bear Carbon, the innovative company that recovers carbon black, oil and gas from end-of-life tire granulate, has announced in its press release its intention to build a factory at the Chemelot industrial park in Geleen. A previous factory in Nederweert, in a joint venture with tire recycler Kargro, was dismantled after a fire in February 2019. After an intensive period of two years, Black Bear Carbon is living up to its reputation as a technology pioneer with the development of a best-in-class factory in terms of process, safety and reliability. At the end of 2019, Black Bear Carbon announced that it was going to Rotterdam and made an energetic start towards that goal in 2020. In the course of 2020, timely realization of RCBNL turned out to be difficult to achieve due to the issue regarding nitrogen deposition rights. In close collaboration with Chemelot, the BBC has looked at the alternatives and decided to settle in the south of Limburg province.