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According to the latest Pyrum Innovations AG’s (Pyrum) press release, Pyrum and BASF Antwerpen NV have signed a new cooperation agreement on November 15, 2023. This provides for a conditional loan of initially EUR 25 million, available in tranches, which is intended to serve as start-up financing for the implementation of Pyrum Innovations AG's specific project pipeline by 2026. The subject of the agreement is the planning, project planning and construction of at least three new plants with an annual capacity of 20,000 tons of used tires each using the funds made available. Pyrum plans to use the funds in particular for the construction of the announced plant in Saarland as well as the equity contribution and co-financing of up to five of the projects announced in recent months with financially strong partners.

Econeu is a novel collective waste management solution for tires that have reached the end of their useful life, launched in Chile. Econeu SpA was formed by a group of 26 Chilean tire and vehicle importing companies with the goal of implementing and developing a collective end-of-life tire management system that will allow tire manufacturers to comply with the EPR Law (No. 20,920) and the Ministry of the Environment's Supreme Decree No. 8, which establishes end-of-life tire collection and recycling goals, as well as other obligations associated with this end-of-life tires.

The Communications Department representative of Neusus Upcycling, Laura García, was featured in the 44th episode of The Tyre Recycling Podcast, which can now be viewed on YouTube. In 2019, Neusus Upcycling was established to provide a new purpose for end-of-life tire rubber. The company specializes in developing urban planning solutions that promote sustainability in cities. Neusus Upcycling envisions a future where end-of-life tires are properly managed and reintroduced into the circular economy.

Tire Technology Expo is Europe’s most important tire manufacturing technology exhibition and conference. With exhibits from many of the world's most important suppliers to the tire manufacturing industry plus a major conference, workshop program and industry-leading awards dinner, Tire Technology Expo is a must-attend industry event.

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.

Mathe Group, a South African company that recycles radial truck tires, has obtained a new Waste Management License for its new tire recycling facility worth over R65 million. The facility will complement its successful existing operation. Dr. Mehran Zarrebini, CEO of Mathe Group and its sister company Van Dyck, reveals ongoing negotiations with a potential investor, with the final investment amount contingent on the technology chosen. Simultaneously, Mathe Group is expanding its current facility, set to be operational in August. This expansion will boost their rubber crumb output from 25-30 tons to 45 tons and increase tire recycling from 700 radial truck tires daily to approximately 1,000 per day.

New Zealand prepares to implement the Tyrewise stewardship scheme on September 1, 2024. Tyrewise is New Zealand's first nationwide scheme for end-of-life tyres (ELTs). It establishes a structured process for collecting, transporting, and recycling ELTs, diverting them from landfills and repurposing them into valuable resources. This initiative addresses long-standing environmental challenges posed by discarded tyres and sets a precedent for similar schemes globally.

Smithers has just released the full agenda for Sustainability in Tires 2023. The event takes place this October 12-13 in Shanghai, China and online and will again gather industry professionals and stakeholders in the global tire industry to discuss the latest trends, future outlook, new materials and technologies, EV tires, sustainable development, OTR tires, and more.

On September 2-4, 2020, Weibold's tyre recycling and pyrolysis consulting team will attend the 27th ETRA Conference on Tyre Recycling in Brussels. Weibold welcomes attendees to arrange meetings during the conference. To arrange a meeting with Louis Selinger Romero from Weibold's expert team, please send your inquiry at louis@weibold.com or call +34 664 766 988.