News: Tire Recycling & Pyrolysis

The Alliance of Future Tires (AZuR) is continuing to drive cooperation in the field of end-of-life tire recycling. Since 2020, the AZuR network has been working to make tire disposal more cost-effective and environmentally friendly. For ten months, the network was funded by the Federal Ministry of Education and Research (BMBF), and since June 2021, it has been self-funded under the auspices of the WDK. There are currently 43 diversified partners in the network.

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.

Wastefront AS – a Norwegian waste tire recycling company – was given permission to press ahead with plans to construct the ‘UK’s greenest tire recycling plant’ at Port of Sunderland. Construction on the development is expected to begin this year (2022), with company executives confident that the plant will be in commercial operation by 2024, creating around 100 skilled jobs once in full operation.

According to the latest Nokian Tyres press release, the company is launching an innovation challenge to recreate the future of driving. The FAST RACE, BIG CHANGE challenge is an open competition inviting startups, businesses, students and academics to innovate for more sustainable tires.

The U.S. Tire Manufacturers Association (USTMA) announced the election of four new members to its Board of Directors during the Board’s January 25 meeting. "I am pleased to welcome these new members to USTMA’s Board of Directors," said Anne Forristall Luke, president and CEO.

According to its latest press release, Tyre Stewardship Australia CEO Lina Goodman announced the appointment of Dr Linda Mitchell as the first science and innovation advisor for the organisation.

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Nokian Tyres says it has been striving to make the world a safer place for decades. In the company’s recent press release, it was announced Nokian reached yet another milestone, as it introduces its most sustainable tire yet. The Nokian Tyres Green Step concept tire is a masterpiece of sustainable innovation with its ambitious design consisting of 93% of the materials either recycled or renewable. It moves the company even closer to its goal: by the year 2030, 50% of all raw materials used in Nokian Tyres’ tires will be recycled or renewable

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.