Search Results

On May 21, 2024, UK-based ReTyre Ltd signed a Memorandum of Understanding (MOU) with the Indian Rubber Materials Research Institute (IRMRI), under the Indian Ministry of Commerce. This agreement involves ReTyre-Bharat Pvt. Ltd, ReTyre’s Indian division. The MOU focuses on technological research, product development, and mutual knowledge exchange. Mr. Shravan Bansal, Founder of ReTyre Ltd, stated: “With this MOU, ReTyre has taken a leap forwards in the strategic development of the company and its technology.” The collaboration with Siemens will support the introduction of their “recycling at source” technology in the tire recycling sector.

Climate change, Covid-19 pandemic and the fight for shipping containers are some of the obstacles that rubber producers face these days. The global rubber market has recently witnessed numerous supply chain disruptions, and now the international economy is challenged by a rubber deficiency, according to CNBC report. The broadcaster spoke to Ohio State University professor Katrina Cornish, who says that the global market is on the verge of ‘a rubber apocalypse’. Rubber is a crucial component used in the making of car tires, and supply chain disruptions can seriously impact the tire recycling industry. According to some forecast quoted by CNBC, the demand for natural rubber will only be increasing, and the NR market could be estimated at nearly $68.5 billion by 2026. And people’s dependence on car tires will keep on boosting the demand for rubber.

According to the Rubber World Magazine, Tokai Carbon CB announced that its Addis, LA facility is certified to the ISCC (International Sustainability and Carbon Certification) Plus standard, allowing supply of sustainable carbon black. Tokai’s Borger, TX facility was the first carbon black plant in the world to achieve ISCC Plus certification in early 2022. This certification allows Tokai to provide sustainable carbon blacks from two plants using a mass balance process. The ISCC Plus standard uses a mass balance approach to enable users of circular and bio-based feedstocks to certify their products corresponding to the amount of these feedstocks consumed. Tokai Carbon CB currently uses a circular tire pyrolysis oil from ISCC Plus certified suppliers to produce sustainable carbon black declarations that customers are purchasing to produce sustainable consumer products.

Tyre Stewardship Australia (TSA) invites tire recycling industry stakeholders to join the ecologiQ Greener Infrastructure Conference on 6-7 September 2022 at the Melbourne Convention and Exhibition Centre. Tyre Stewardship Australia says the ecologiQ will serve as a platform where the industry comes together to drive circular change in transport infrastructure. According to TSA, the two-day conference will deliver an unrivalled program featuring diverse industry leaders, a dynamic trade hall full of suppliers of recycled and reused products, networking events and site tours.

Smithers Carbon Black World conference is back in Europe for its 19th year. The event will take place across the 14-15 May 2024 at the Imperial Riding School in Vienna, Austria. The Carbon Black World conference regularly attracts an international delegation of producers, end-users, and equipment solution providers from across the tire, rubber, plastics, compounds and ink industries to make new connections, share strategic insights, and explore future opportunities in the marketplace with key influencers and decision makers from all aspects of the value chain!

This January, ferrous scrap prices rose up again. Last two month before the new year the price had been going up and January follows the same trend – the price has been bouncing back from a steep and unexpected drop that affected ferrous scrap in September and October of the last year.American Metal Market (AMM) indicates in their price surveys and indices that the most popular ferrous scrap grades’ prices appreciated from some USD 35 to USD 40 per ton in the beginning of January. In November 2016, Midwest Index prices appreciated up to USD 25 per ton and in December 2016 they went up to USD 45 per ton. In the beginning of 2017, export price climbed up less vigorously, according to the survey by AMM. Grades of heavy melting steel (HMS) purchased by brokers from overseas and foreign mill buyers increased by less than USD 12 per ton on the West Coast and by some USD 18 per ton on the East Coast.

Fornnax – one of the World's leading manufacturer of shredding and recycling equipments with headquarters in India – has recently opened an all-new sales office that will focus on exports. “Our overseas commitments are increasing, leading us to open a sales office in the commercial hub of Ahmedabad (Gujarat) that is dedicated to international sales,” informed Jignesh Kundariya, Director, Fornnax Technology. Fornnax is currently concentrating on the markets in Australia and the Middle East. Companies like Tyre Collection and 7star Tyre PTY, both based in Australia, are already receiving equipment from Fornnax. Another important project, involving the shipping of an entire recycling plant to Mauritius, has already been completed.

According to Hidde Smit – a consultant and analyst of Rubber Forecasts – natural rubber (NR) prices will be going up during the next two quarters of 2017 before commodity surplus weighs in on the market again. Price increase will occur due to severe winter season in Thailand as well as reduction in tapping activities. In his speech during the Tire Technology Expo in Hannover, Germany held this February, Mr. Smit pointed out that tapping intensities in rubber-producing countries went down predominantly due to decreased prices since 2013 (below USD 2.00) as well as severe floods in Thailand – the biggest natural rubber producing country – the beginning of the year.

Robert Weibold – an internationally renowned expert in the field of tire recycling and tire pyrolysis – is attending the 3rd European Carbon Black Summit at the Leonardo Frankfurt City South hotel in Frankfurt on June 14 - 15, 2023. This year, Robert will be a part of the panel discussion “European Green Deal, how to deal with it?” on June 15. If you would like to connect with Robert Weibold, discuss business opportunities or request information on consulting services, please send your inquiry at sales@weibold.com.