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The Company's board of directors has carefully considered the conditions for instead raising capital through a rights issue and makes the assessment that it is currently, for several reasons, including the limited size of the capital raising, more advantageous for the Company and the shareholders to raise capital through a drawdown under the Agreement.

As Enviro has previously communicated, Enviro has initiated a corporate reorganization and terminated the agreements that regulate the relationship and cooperation between Enviro and Infiniteria. In addition, differing views have arisen between Enviro's board representatives and the other board members on issues relating to corporate governance and the board’s work.

Neste, Marubeni Corporation and Resonac Corporation have entered into a cooperative agreement to enable the production of renewable olefins and derivatives. The cooperation involves Neste RE™, a Neste-produced renewable raw material, being used to manufacture products at leading Japanese chemical company Resonac’s Oita Complex in Japan. Marubeni, a major Japanese general trading and investment conglomerate, will coordinate all logistical arrangements from Neste to Resonac. Renewable Neste RE is a bio-based feedstock used in steam crackers. It is made from 100% renewable raw materials such as waste and residue oils and fats. Consisting of pure hydrocarbons, Neste RE can be used to replace conventional feedstock such as fossil naphtha in chemicals value chains, contributing to a reduction in greenhouse gas (GHG) emissions.

ASTM International’s recovered carbon black (rCB) committee (D36) says it is developing a proposed standard that will be used to differentiate between different rCB products and provide quality control tool for producers and users. According to ASTM International member Pieter ter Haar, the proposed standard (WK81244) will explain how thermogravimetry (TGA), a type of thermal analysis, can be used to measure rCB bulk composition parameters. TGA can also measure organic residuals, ash content, and overall carbon content.

Ohio EPA Director Anne M. Vogel announced a $1.1 million grant from the Environmental Protection Remediation Fund to clear debris from the former Crest Rubber Co. site in Ravenna, Ohio, facilitating redevelopment. The project, in partnership with the city of Ravenna and the Akron Regional Air Quality Management District, aims to remove 6,600 tons of construction and demolition debris, including nonfriable asbestos-containing material.

“With over two decades of expertise, Mr. Dieter Jerschl joins FORNNAX as a regional partner to accelerate sustainable recycling solutions across key European markets.” FORNNAX TECHNOLOGY, one of the leading advanced recycling equipment manufacturers, is pleased to announce its newest sales partnership in Germany as part of its strategic expansion into Central Europe. The company has entered into a collaborative agreement with Mr. Dieter Jerschl, an industry veteran with more than 20 years of experience in the shredding and recycling sector, having worked with prominent companies like BHS, Eldan, Vecoplan, and more, to represent and promote FORNNAX's solutions in the region.

Neste, Borealis and Covestro have signed a project agreement to enable the recycling of discarded tires into high-quality plastics for automotive applications. The collaboration aims at driving circularity in plastics value chains and the automotive industry. When no longer fit for use, tires are liquefied by means of chemical recycling and then processed into base chemicals and further into polycarbonates of high purity. These can then be used in various automotive applications, from parts of headlamps to radiator grilles.

Episode 37 of the Tyre Recycling Podcast run by Ewan Scott – chief editor of Tyre and Rubber Recycling Magazine – is devoted to tire pyrolysis. The guest is the CEO of Poland-based Contec, Krzysztof Wróblewski. In the new Episode, Ewan Scott quizzed Krzysztof on all things Contec from their plans for business development to supply chain difficulties to even what type of input material they process whether it be full tyres or shredded tyres.

Pyrum Innovations AG (Pyrum) – a pioneer in the sustainable recycling of end-of-life tires (ELT) based on its pyrolysis technology – filed an application for a secondary listing in the Scale segment with Deutsche Börse AG in Frankfurt.