Camfin, the second largest investor in Milan-based Pirelli has increased its stake to 22.8% as China’s Silk Road Fund offloaded its 9% interest in the premium tyre maker. Camfin, the vehicle of Italian businessman Marco Tronchetti Provera, has bought a…
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CSRC/Sheico to set up tyre recycling plant in North America
Taiwanese firm CSRC Group, together Taiwanese compatriot Sheico Group, are teaming up to set up a tyre recycling plant in Phoenix City, Alabama, that will use pyrolysis technology to produce recovered carbon black (rCB). CSRC will partner with Eco Infinic…
Conica partners with Malaysian EPDM producer
Switzerland-based sports and recreational flooring production firm Conica has announced a new partnership with Malaysian ethylene propylene diene monomer (EPDM) supplier Supersafe Industries. Conica has appointed Supersafe as its supplier of rubber granules. This will allow Conica to increase its…
UPM to supply Artigo with functional fillers for rubber flooring
Rubber flooring company Artigo will produce its flooring collections from 2025 with Helsinki-based materials firm UPM’s BioMotion renewable functional fillers (RFF). By incorporating RFF, Artigo says it is able to achieve CO2 footprint savings of up to 0.5 kg CO2e/sq…
Michelin links with start-up Bobine for plastics recycling
French tyre maker Michelin is partnering with Bobine – a start-up based on the plastic recycling market – and that has joined Michelin’s Center for Sustainable Materials at Parc Cataroux in Clermont-Ferrand. The two aim to ramp up the market launch of a new plastics…
Circtec raises EUR150 mn funding for tyre recycling plant in Europe
UK recycling start-up Circtec has secured fundng of EUR150 million to construct, what is said to be, Europe’s largest end-of-life tyre (ELT) pyrolysis recycling facility in Delfzijl, the Netherlands. The funds include a EUR75 million equity investment led by Novo…
Michelin/Murata tie-up in licensing of RFID tags in tyres
French tyre maker Michelin and Japan’s Murata Manufacturing Co have tied up in a licensing agreement. This agreement will allow for the integration of RFID (Radio Frequency Identification) tyre tags into automotive tyres, helping to further advance tyre management, sustainability,…
Nokian considering laying off workers at Finnish tyre facility
Nokian Heavy Tyres says it has started a two-week “change negotiations” with workers in what it says is a part of a move to “adapt production to the market and demand situation.” The negotiations concern the Nokia factory employees of…
Sumitomo Rubber researches lowering noise for tyres
Sumitomo Rubber Industries says that it has developed a new technique for predicting noise generated by the combined vibration of the tyres and vehicle. In developing this technique, it used a tyre rolling motion simulation that assumes tyres of a…
Continental’s Portugal plant produces CO2-neutral tyres
Since this year, tyre maker Continental says it has been able to produce tyres CO2-neutrally at its tyre plant in Lousado, Portugal. This is possible thanks to the generation of steam using an boiler, that operates entirely on electricity. Continental…