News: Tire Recycling & Pyrolysis

Bolder Industries – an American recover carbon black (rCB) producer – reports that while large global brands focus more on product circularity and sustainability, Bolder will use funding to support its global expansion and vision to scale up sustainability. Bolder Industries, Inc., the pioneer in converting end-of-life tires into sustainable carbon black (BolderBlack®), petrochemicals (BolderOil^TM), steel (BolderSteel^TM), and power, announced it has raised $80 million in equity and an additional $100 million in committed project-level funding, co-led by CIM Group and Aravaipa Ventures, and supported by strategic partner Tauber Oil, to accelerate its commercial scalability and advance its environmental, social, and governance (ESG) impact globally. Funding will support the global growth for Bolder Industries based on its proven circular solution for end-of-life tires to meet increasing customer demand, including long-term contracts from major automotive, manufactured rubber, plastics and sustainable petrochemicals partners.

Scandinavian Enviro Systems – a Swedish tire pyrolysis operator and equipment manufacturer – invites owners and representatives of the capital markets and media to participate in a virtual Capital Markets presentation on Friday, October 15th, 2021, between 3:00 p.m. and 4:00 p.m. CET. Enviro’s CEO Thomas Sörensson and Chairman of the Board Alf Blomqvist will participate in the presentation.

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Sustainable rCB, thermochemically recovered from end-of-life tires, has already made the leap into industrial practice, and is making an important contribution to closing the loop in the tire and rubber industry. The first Cradle to Cradle certificate for rCB was already issued by EPEA in 2017, and most recently another rCB was accredited under the International Sustainability & Carbon Certification (ISCC) scheme. Besides the environmental advantages of using rCB in the rubber & tire industry, for instance that of CO2 reduction, the economic feasibility of pyrolysis is positively affected by these markets.

In the Interview, Ewan Scott quizzed Dossena on Ecopneus’s future promotional activities aimed at highlighting the work they do in the tire recycling sector, the ongoing crumb rubber issue with the European Chemicals Agency (ECHA), the place for tyre-derived fuel in the Italian tyre recycling model and his vision for the agency’s role in 5 to 10 years time.

A Florida-based tire pyrolysis company Aether International Renewable Energy is going to launch a new facility near Sunset, Louisianna. According to the article by The Advocate, the new 125,000-square-foot business unit is expected to create up to 65 new jobs. Aether International Renewable Energy will use end-of-life tires to produce environment-friendly industrial commodities. According tp the same article by The Advocate, the new pyrolysis plant could be ready for operation as soon as summer 2023. It will include space for production, office, shipping and a lab for continued research into renewable energy technology.

Both physical and futures NR markets have posted downward price trends during August 2021. Despite such downward trends, the average FOB price in block rubber market have improved this month. The average FOB price of STR-20 rose US$0.11 per kg to US$1.72 per kg, while the SMR-20 price improved US$0.09 per kg to US$1.73 per kg during the reference period. The same observations also shared in rubber sheet markets, however the price deviation between RSS-3 in Bangkok and RSS-4 in Kottayam have widened further approximately US$0.60 per kg during August 2021 as compared to US$0.50 per kg recorded in July 2021.

Weibold is welcoming pyrolysis / tire recycling technology suppliers, researchers and all other interested parties from the industry to hold webinars on our platform. Our audience comprises over 25,000 professionals from tire recycling, pyrolysis and affiliated industries, which helps you increase your business presence, attract new customers and spread a word about your business activities. Benefit from our tire recycling and pyrolysis network we have been building up over the past 22 years. Contact Agustina Martin for more information.

The Hindu Business Line reports that Bridgestone India is on a full-circle sustainability drive. According to newspaper, the company’s new range of tires helps vehicles reduce carbon dioxide emissions. Moreover, according to the magazine, Bridgestone India has set up a tire recycling plant to ensure circularity of its product. Reportedly, its manufacturing facility, too, supplements its power consumption with renewable sources.