News: Tire Recycling & Pyrolysis

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.

Recognized as one of the world's leading international design awards, the ‘A' Design Award & Competition’ attracts tens of thousands of entries each year from more than 100 countries across over 100 categories, including product, architecture, fashion, and graphic design. Hankook Tire received the Gold Award, presented only to the top three percent of all entries, for its ‘Bladder Upcycling Series’, created as part of the company's flagship ESG upcycling project ‘re:move’.

In 2017, REDISA was unlawfully removed, a finding confirmed by the Supreme Court of Appeal in 2019. Yet, it was never reinstated. Responsibility instead shifted to the Department of Forestry, Fisheries and the Environment’s Waste Management Bureau. The Bureau has for eight years consistently failed to meet its tyre diversion targets. In the past few months, the Bureau has gone to tender to establish a million square metres of waste tyre depot space – enough to store over a million tonnes of waste tyres – and to sell off some R100 million worth of tyre recycling equipment that it bought but could not put to use. This is not management, it is controlled dumping. The consequences have been stark: job losses, dangerously overcrowded depots that pose real fire risks, discarded tyres contaminating groundwater, along with widespread illegal burning that releases toxic fumes

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AI can suggest which parameters may matter. It cannot run ash, volatiles, BET, TGA, GC-MS, sample-conditioning protocols, or application testing. It cannot diagnose batch inconsistency, process instability, contamination, or specification gaps. For customers, investors, and offtakers, this distinction is critical.

Scandinavian Enviro Systems AB has received approval from the Gothenburg District Court to extend its ongoing company reorganization by three months, until August 27, 2026. The tire recycling technology company said the extension is intended to allow time to complete negotiations on long-term financing and finalize a reorganization plan.

The regulation is intended to ensure that new vehicles are designed and produced in ways that support reuse, recycling and recovery, with the aim of making the automotive sector more circular and sustainable.

The event will bring together members of the artificial turf industry for three days of networking, technical learning and collaboration. Under the theme Where the Industry Aligns, the conference will focus on shared challenges, best practices and coordinated strategies related to safe, sustainable and accessible playing surfaces.

The facility is co-funded by the European Union's Innovation Fund — one of the world's largest programs for demonstrating innovative low-carbon technologies, financed through EU Emissions Trading System revenues and managed by CINEA — and supported by equity investment from Tiger Infrastructure Partners. The Innovation Fund backs flagship initiatives that deliver significant greenhouse gas reductions across energy-intensive industries. This facility directly fulfills that mandate, demonstrating how industrial manufacturing can reduce emissions at scale by replacing fossil fuel-derived virgin carbon black with sustainable, mass-balanced, traceable alternatives.