Search Results

Pyrum Innovations AG (Pyrum), a pioneering company that recycles used tires sustainably with its globally patented unique pyrolysis technology, recently published its annual and consolidated financial statements for the 2022 financial year. According to Pyrum’s press release, the group achieved total output of EUR 19.1 million. This represents a significant increase compared to the same period in the previous year (2021: EUR 3.7 million). The main reason for this was the sharp increase in own work capitalized in the amount of EUR 17.8 million (2021: EUR 2.8 million) as part of the expansion of the main plant in Dilligen/Saar. At EUR 1.0 million, sales were slightly above the previous year's level (2021: EUR 0.9 million).

Building on the success of last edition of summit, ACI announced that the 3rd European Carbon Black Summit will take place on 14th on 15th June 2023 in Frankfurt, Germany. To register for the Summit, ACI offers a special 10% discount until the event's date to all Weibold’s subsribers available via the promo code “CCBe3MKTWeibold”. For further information or to register your attendance contact Rohan Baryah on rbaryah@acieu.net or +48 61 646 7022 quoting the promo code.

The Recovered Carbon Black 2023 Conference provides a much-needed platform for experts and innovators, who research, develop and commercialise recovered carbon black to stay updated on the latest market developments, challenges and opportunities. Over 400 rCB representatives are expected to join the conference at the Hyatt Regency Barcelona on the 7-8 November 2023. For everyone interested in the conference, Smithers and Weibold have prepared a special PROMO CODE “RCB2310”, which gives a special 10% discount. To register for the conference and use the promo code, please proceed to the event’s website and enter the code in the end of your registration.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires based on its patented pyrolysis technology, invites interested investors, private shareholders and members of the press to attend the online presentation of the Executive Board on the occasion of the publication of the Annual Report 2022. In the webcast, CEO Pascal Klein and CFO Kai Winkelmann will provide an overview of the 2022 financial figures, an update on the current business development as well as the company's outlook. There will also be a Q&A session following the presentation.

Wastefront AS has announced a significant partnership with Weber & Schaer, one of Europe's largest distributors of rubber industry products, for the offtake and on-sale of their Recovered Carbon Black (rCB). According to Wastefront, this agreement secures a fully circular supply chain for end-of-life tires (ELTs) in the UK. The deal initially covers a minimum of 35% of rCB produced at Wastefront's Sunderland plant, with potential for future expansion. By manufacturing renewable fuels and new tires using ELTs and rCB, Wastefront moves closer to its goal of creating a Green Global Industrial Platform. With Weber & Schaer's expertise in rubber, carbon black, plastic, and adhesives distribution across Europe, Wastefront's ELT solution contributes to the global circular economy while expanding into new markets.

Building on the success of last edition of summit, ACI announced that the 3rd European Carbon Black Summit will take place on 14th on 15th June 2023 in Frankfurt, Germany. To register for the Summit, ACI offers a special 15% discount up until 6 weeks prior to the event and 10% after that until the event's date to all Weibold’s subsribers available via the promo code “CCBe3MKTWeibold”. For further information or to register your attendance contact Rohan Baryah on rbaryah@acieu.net or +48 61 646 7022 quoting the promo code. About the Summit Carbon Black (CB) demand is forecasted to increase, and addressing this increase will be very challenging as the war in Ukraine has already caused a big gap in the supply of virgin carbon black. Some of the experts from this field say that shortage of supply of CB goes up to 40% compared to the years before the war. The main focus of this summit will be to address these issues. With key topics such as CB market overview, improving sustainability in the industry, achieving superiority in supply chain and others we will try to give answers to these pressing issues. Focus will be also on improving standardisation in recovered CB as well as problems with calculating life cycle of tires.

Waverly Carbon Management System – the UK's producer of recovered carbon black (rCB) – announced that it has achieved UKAS ISO 9001 and 14001 certification. UKAS is the National Accreditation Body for the United Kingdom appointed by government, to assess and accredit organisations that provide services including certification, testing, inspection and calibration. UKAS provides accreditation for waste management, recovery, reduction, and recycling activities to support the delivery of vital economic and environmental goals.

In his latest article, Martin von Wolfersdorf – a renown carbon black expert from Berlin – discusses the challenges faced by the recovered carbon black industry, particularly in terms of securing industry support and investment. Von Wolfersdorf notes that while the tire industry has made clear demands for tire sustainability, there could be more investment from tire and carbon black corporations to support the growth of the industry. Martin von Wolfersdorf also highlights the financial challenges faced by start-ups in the recovered carbon black industry, particularly those without an industrial operation. These companies often have more cash-burn than cash-flow, as planning and developing can be costly activities. Even pre-engineering studies required for permits can cost up to €1M. The article emphasizes that these start-ups need more equity investment to sustain their operations.

The use of Recovered carbon black from end-of-life tires and plastic pyrolysis has caused fluctuations in price and demand in the Masterbatch market. From the beginning of 2023, the Masterbatch market in Asia, especially in India and China, has experienced fluctuating pricing trends from the beginning of 2023. Due to decreasing demand from downstream industries like electronics, packaging, and rubber, the pricing trend for Masterbatch in the local Indian market has been bearish. Black Masterbatch (40% carbon black) cost $1977 per ton in India in January 2023 but fell to $1770 per ton in February 2023, a 10.5% decrease. Due to declining naphtha and coal prices in the domestic Indian market, prices decreased further by 6.9% to $1648 per ton in March 2023.