Scandinavian Enviro Systems says it has renewed a delivery agreement concerning pyrolysis oil from the Åsensbruk facility with what it says is “a leading American oil company”. The ISCC EU certified oil will be used by the oil company for the production of biofuel. The order…
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Aeolus Tyre to expand to South Africa and Australia
Chinese tyre maker Aeolus Tyre Co. recently announced that the company plans to expand to new international markets with the set up of two subsidiaries in South Africa and Australia, according to a filing on the Shanghai Stock Exchange. It will…
Wacker makes available carbon footprints for its product range
German chemical firm Wacker says customers now have access to comparable sustainability data for the company’s products. This information will be based on “cradle-to-gate” production and emission data for everything Wacker produces. A software system from AllocNow uses this data…
Michelin to construct EUR60 mn demo plant for 5-HMF in France
French tyre company Michelin has announced what it says will be the construction of the world’s first industrial demonstration unit for the 5-HMF green chemistry-based molecule. This bio-sourced and non-toxic molecule can replace ingredients derived from fossil fuels in a wide…
India’s BKT outlines US$400 mn expansion plan; to boost tyre range
Mumbai-based tyre maker Balkrishna Industries Ltd (BKT) has unveiled an ambitious strategic roadmap targeting revenue of US$2.6 billion by 2030, representing a significant expansion from its current operations focused primarily on off-highway tyres. The company presented its five-year plan to the…
Yokohama Rubber invests US$35 mn in idled tyre plant to expand in Romania
Japanese tyre maker Yokohama Rubber has acquired a former tyre manufacturing facility in Romania for US$35 million to expand production capacity for off-the-road (OTR) tyres in Europe. The purchase of the plant in Drobeta-Turnu Severin through subsidiary Yokohama TWS Romania…
Portugal’s BB&G acquired; to expand tyre recycling to Asia
Investment firms Prismore Capital, BDI-BioEnergy International GmbH, and JR New Horizons (the investment arm of the Rieckermann Group) have jointly acquired Grupo BB&G’s advanced tyre pyrolysis technology through BB&G Recycling, a newly formed subsidiary. The investment includes patents, know-how, a demo plant in Portugal, and a collaboration agreement with tyre…
Pyrum/Thermo Lysi move forward for tyre recycling plant in Greece
German tyre recycler Pyrum Innovations and Thermo Lysi SA have signed an engineering contract for the amount of EUR2.2 million. The contract marks an important milestone for the company, as it is the first engineering contract to be signed after…
Steer claims a first with inline plastic/rubber compounding technology
Indian compounding machinery firm Steer World has developed new inline compounding technologies for rubber and wet pigment applications, plus an inline compounding solution that converts rubber bales directly into pellets, which it says was previously considered unachievable on a twin-screw extrusion platform. It adds that “this…
Goodyear Tire off loads rubber business for US$650 mn
In line with its transformation programme, tyre firm Goodyear Tire & RubberCompany is selling most ofits chemical business, Goodyear Chemical, to Gemspring Capital Management in a deal valued at around US$650 million. The transaction is subject to regulatory approval, as well as other customary closing conditions. As…