News: Tire Recycling & Pyrolysis

Trederra announced an exclusive supply agreement with Tyre Recycling Solutions (TRS) of Switzerland supporting the production of Trederra™ footwear outsoles made from end-of-life tires. TRS will supply Trederra with CT-50 rubber powder which is manufactured using the patented TRS Water Pulse® technology, a proprietary and highly specialized water-jet system that pulverizes tire tread into fine powder. This powder is derived from 100% end-of-life tires diverted from landfills and is free from steel and synthetic fibers.

Hankook Tire & Technology has released its 2023/24 ESG Report, detailing the company’s sustainable management activities and long-term strategies. Now in its 15th edition, the report focuses on three main areas: Eco Value Chain, Sustainable Product, and Responsible Engagement, all under the company’s vision of "Innovation for a Sustainable Future." Key achievements include a significant focus on carbon reduction. In August 2023, Hankook Tire became the first tire company in Korea to have its carbon reduction targets approved by the Science Based Targets Initiative (SBTi). The company aims to reduce greenhouse gas emissions by 46.2% from manufacturing and 27% across its value chain by 2030, with the ultimate goal of reaching Net Zero by 2050.

The South African Tyre Manufacturers Conference (SATMC), representing the four multinational tire manufacturers with plants in South Africa, has been appointed to the Waste Tire Management Industry Advisory Committee, led by Minister of Forestry, Fisheries, and the Environment, Dr. Dion George. SATMC Managing Executive, Nduduzo Chala, will serve as vice-chair, alongside Charl de Villers from the Tyre Importers Association of South Africa (TIASA) as chair.

Pyrum Innovations AG, in collaboration with Schwalbe, has reached a significant milestone in their tire recycling program, with 1,000,000 bicycle tires successfully collected, recycled, and reintroduced into the material cycle. This achievement highlights the effective partnership between the two companies in advancing sustainable solutions within the circular economy.

As the construction of the Uddevalla recycling plant continues, Scandinavian Enviro Systems AB (publ) has released a half-year report. Second quarter 2024: Net revenues for the period were MSEK 58.5(3.6) Earnings after tax for the period were MSEK 30.5 (-25.3) Earnings per share for the period (before dilution) was SEK 0.04 (-0.03)

The TRRAI Conclave 2024, organized by The Tyre & Rubber Recycling Association of India, will take place this week. Franklin Raj, the pyrolysis business analyst, will participate in the Conference on behalf of Weibold’s team. If you would like to meet with Franklin Raj, discuss pyrolysis technologies, business opportunities, or Weibold's consulting services and products, please send your inquiry at franklin@weibold.com.

Scandinavian Enviro Systems (Enviro) has received MSEK 25.6 in compensation from the joint venture company after achieving a first predefined milestone linked to the construction of the plant in Uddevalla. Half of the compensation consists of cash and the other half of shares in the joint venture company. The compensation is received after achievement of the first of several predefined milestones linked to the construction of the site in Uddevalla. As previously commmunicated, Enviro will continuously receive compensations linked to the achievement of certain predefined milestones. As Enviro also previously announced, the company will communicate individual transactions linked to these compensations.

Recovered Carbon Black Asia 2024 is coming up on 24-25 September, 2024 in Qingdao, China! This HYBRID EVENT is set to bring together industry leaders, innovators, and experts to discuss the latest trends, challenges, and opportunities in the recovered carbon black industry. Agenda Announced!

According to a press release by Tyre Stewardship Australia (TSA), in November 2023, 800 tonnes of used Off-The-Road (OTR) tires and conveyor belts were recovered from a remote region in Western Australia. This project, the first of its kind in Australia, demonstrates a practical approach to managing large rubber products within the mining industry. Rio Tinto partnered with Carroll Engineering Services, accredited by TSA, to carry out the recovery. The materials were transported over 3,200 kilometers from the closed Argyle Diamond Mine in East Kimberley to Queensland. There, they were processed into crumb rubber, which is now being used in road construction on the Sunshine Coast.