Nokian Tyres signed long-term agreement for recycled carbon black with Enviro and Antin
As per the latest press release by Nokian Tyres, the company has made a long-term purchase agreement with a tire recycling joint venture. The agreement will help Nokian Tyres reach one of its key sustainability targets, which is to increase the share of recycled and renewable raw materials in tires to 50% by 2030. Nokian Tyres started to use recovered carbon black in a commercial product line in 2022. The long-term purchase agreement with a tire recycling joint venture enables its increased utilization in tires accelerating circularity and sustainability in the tire industry.