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The EU has chosen Bolder Industries’ end-of-life tire (ELT) pyrolysis project as one of 85 initiatives to receive grants under its €4.8-billion net-zero fund, supporting the deployment of clean technologies across Europe. The project, known as NextGen thermal tire re-use, is part of the Port of Antwerp’s NextGen District and aligns with the EU’s goals to reduce emissions and advance industrial decarbonization.

Swedish Tyre Recycling (SDAB) has entered into an agreement to deliver tyre raw material to feed the new tyre pyrolysis plant currently being built in Uddevalla, Sweden by the joint venture between funds managed by Antin Infrastructure Partners and Scandinavian Enviro Systems (Enviro). The plant will utilise the innovative Enviro proprietary technology that allows the production from sorted and processed ELTs (End-of-life tyres) of valuable recovered Carbon Black (rCB) and Pyrolysis Oil in high demand by the industry to create a fully circular supply chain. The strategic agreement between the parties entails the delivery of a significant volume of the annual amount of the ELTs collected in Sweden, with deliveries commencing in 2025.

Pyrum Innovations, a pioneer in the sustainable recycling of end-of-life tyres (ELT) based on its patented pyrolysis technology, is deepening its collaboration with ELDAN Recycling A/S, one of the world's leading manufacturers of recycling machines, including shredders for ELT. Under the agreement, both companies will include each other's systems in their sales processes and actively distribute them.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires (ELT) based on its patented tire pyrolysis technology, has entered into a market making agreement with Pareto Securities AS. The purpose of the agreement is to enhance liquidity in the trading of the Company's shares. The agreement is in accordance with the standard requirements of Euronext Oslo Stock Exchange. First day of market making was on 27<th> of January 2022.

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.

Wastefront AS, the Norwegian waste tire recycling company, announced a strategic partnership with global energy storage infrastructure provider VTTI, for investment of up to USD 43 million and an agreement to reach a final investment decision for eight global sites within a five year period. VTTI – backed by leading energy and infrastructure players Vitol, IFM Investors and ADNOC (the Abu Dhabi National Oil Company) – is one of the world’s largest independent energy storage infrastructure providers with key locations around the world. The investment in Wastefront and planned investments in future plants are part of VTTI’s global growth strategy in which circular products are an important pillar, with an ambition to conduct more than 50% of its activities in new and transitional energy sources by 2028.

Ecolomondo – a Canadian end-of-life tire pyrolysis company – reports in its press release that the new agreement will provide 30,000+ tons of tire feedstock and $3.4 million tipping and handling revenue to Hawkesbury recycling facility as it prepares for lunch. Ecolomondo Corporation is a cleantech company commercializing its proprietary Thermal Decomposition Process (“TDP”) recycling technology and turnkey TDP facilities used to transform tires, plastics and other hydrocarbon waste streams into saleable renewable commodities. Ecolomondo is pleased to announce it has entered into a long-term supply agreement (the “Agreement”) with Recyc-Quebec to have over 31,000 short tons of end-of-life-tire (ELT) feedstock (approximately 80% passenger tires / 20% truck tires) delivered to the Company’s flagship Hawkesbury TDP recycling facility.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires based on its patented pyrolysis technology, has received ISCC Plus certification for the recovered carbon black it produces. In September last year, the pyrolysis oil produced by the company was certified as a sustainable output material.

On September 5, Vow ASA announced that its subsidiary Scanship AS has signed a FEED (Front End Engineering Design) contract with Murfitts Industries, a leading end-of-life tire recycling company. This contract represents the latest milestone in a collaborative program between the two companies focused on developing a process to recover and reuse raw materials from end-of-life tires on a commercial scale. One of the primary goals of this initiative is to allow manufacturers to incorporate recovered materials into new tire production, thereby closing the loop in the tire lifecycle.