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Ecolomondo Corporation and four related companies remain subject to proceedings under Canada’s Companies’ Creditors Arrangement Act as court-appointed monitor KPMG continues efforts to restructure or sell the tire recycling technology business. The Quebec Superior Court initially granted CCAA protection on May 21, 2026, covering Ecolomondo Corporation, Ecolomondo Environmental (Hawkesbury) Inc., Ecolomondo Environmental (Contrecoeur) Inc., 9083-5018 Québec Inc. and Ecolomondo Advanced Carbon Technologies Inc. Since then, the court has repeatedly extended the stay of proceedings while KPMG has stabilized operations and conducted a Sale and Investment Solicitation Process. A successful bid has been selected and KPMG has been working to finalize an asset purchase agreement with a potential purchaser. The most recently published court order on KPMG’s creditor information page extended the stay through October 9, 2026, while the monitor completed negotiations. The proceedings are particularly relevant to the tire recycling sector because Ecolomondo developed its proprietary Thermal Decomposition Process for recovering tire-derived oil, recovered carbon black, steel and other materials from end-of-life tires.

The move comes after the Austrian firm earlier presented its innovative way of tire recycling that seeks to recycle rubber from tires into solid carbon, also known as recovered carbon black. Alternatively, the method allows getting a hydrocarbon mixture like pyrolysis oil and gas. Apart from commercial application of recycled products, the process is of value as it is totally in line with circular economy’s principles and it does not require external energy sources.

Commissioned in 2023 as part of WasteServ’s broader site upgrade, the facility centers on Gradeall’s tire baling and handling systems, designed to process both passenger and commercial tires into compact, transport-ready bales for export to mainland recycling facilities.

The company maintained an 81% utilization rate through beneficial reuse across 219 million tires collected. These results also reflect Liberty’s continued focus on its workforce and communities. In 2025, the company reported an 11% reduction in Lost Time Injury Rate (LTIR) and a 9% relative reduction in employee turnover, alongside more than $216,000 donated to charitable initiatives.

Global commodities trader Gunvor Group has changed its name to Centalion Group Ltd. and plans to move its corporate headquarters from Cyprus to Singapore following a management-led ownership change. The new identity took effect in October 2026 after an internal referendum in July and is intended to reflect both the company’s new ownership structure and its expansion beyond traditional oil trading into natural gas, metals and power. The development is also relevant to the tire pyrolysis sector because the former Gunvor signed a strategic agreement with Hungary-based New Energy in 2025 to purchase tire pyrolysis oil produced from end-of-life tires for use as refinery feedstock. While the rebranding announcement does not indicate any change to that cooperation, future activities under the agreement would now take place under the Centalion identity.

Terrablack is designed to address the growing demand for sustainable carbon black. Using recovered carbon black (rCB) and Tire-derived oil (TDO), this product line is formulated after 24 months of in-depth testing and collaboration to shape the future of carbon black production. It offers high-performance, eco-friendly solutions that meet the needs of both Tire and non-Tire industries.

The framework would seek greater consistency in definitions, storage requirements, transportation, processing and disposal rules across jurisdictions. The Committee heard that differences between state and territory systems create uncertainty for legitimate tire businesses and can provide opportunities for illegal operators to exploit regulatory gaps.

The bridge paving project used a modified asphalt mix containing recycled tire rubber, highlighting how tire recycling can contribute to infrastructure development while supporting broader sustainability and circular economy goals.

The Corporate Sustainability Advocate category recognizes organizations that promote sustainability beyond internal practices. Uniq’s approach is based on the idea that procurement decisions directly influence environmental outcomes.