Category: Industry News

Nynas changes ownership; Neste sells stake to Bitumina

Finnish oil and engineering services company Neste has sold its entire shareholding in Nynas to Bitumina, a global bitumen company active in more than 100 countries. This is an important step in the ongoing company reorganisation of Nynas. Sweden-based Nynas is a…

IRR’s pyrolysis system offers waste rubber solution for the UK

Carlton Forest Group’s IRR Manufacturing, responsible for UK’s only continuous pyrolysis plant, has stated that repurposed waste rubber could deliver substantial energy savings and ample business opportunities to manufacturers from the production of by-products such as pyrolysis oil and pyrolysis…

Yokohama plans OTR tyre plant in India

Continued rise in demand for off-road tyre (OTR) products has spurred the Yokohama Rubber Co. Ltd. (Yokohama) to build another tyre manufacturing plant, this time in Visakhapatnam, southeast Andhra Pradesh, India. Construction on the US$165 million manufacturing plant is set…

Michelin announces European consortium for ELTs

Michelin is to co-ordinate a new recycling project which will promote “a massive circular economy of tyres” by designing world-first processes to produce new tyres from end-of-life tyres (ELTs). The BlackCycle Project covers 5 European countries: France, Spain, Germany, Greece,…

Cabot to increase global price for activated carbon

US-headquartered Cabot Corp. (Cabot) will increase prices globally by as much as 3 – 8% for all its activated carbon products effective for all shipments made on or after 1 October 2020, or as customer contracts allow. According to Cabot,…