South Korean producer of recovered carbon black rCB, LD Carbon has closed a US$28 million Series C funding round led by auto maker Toyota’s growth fund, Woven Capital, with participation by Meritz Securities, Investwith, Industrial Bank of Korea, Hyundai Motor…
Category: Industry News
Schwalbe to use Pyrum rCB in wider range of bicycle tyres
One year after bicycle tyre manufacturer Schwalbe introduced the world’s first circular tyre using the Pyrum rCB, the use of rCBs in tyre production is being massively expanded. From now on, 70% of all Schwalbe tyres will be made of…
UPM/Nokian Tyres partner on concept tyre with renewable functional fillers
Finland’s UPM Biochemicals, a materials firm, and tyre maker Nokian Tyres say they are set for an industry first with a concept tyre partly based on UPM’s BioMotion renewable functional fillers (RFF). The partnership will launch UPM’s CO?-negative RFF into…
Nokian Tyres completes ramp-up of US facility
Finland’s Nokian Tyres has opened a new finished goods warehouse in Dayton, Tennessee, marking the completion of a ramp-up process at the company’s US production facility. Nokian Tyres began tyre production at the US factory in 2020 and has since…
Enso to invest US$500 mn in EV tyre facility in US
UK-based electric vehicle (EV) tyre technology company Enso has announced plans to build a carbon-neutral tyre factory in the US with an investment of US$500 million. Potential factory locations include Colorado, Nevada, Texas, and Georgia, with other states in consideration.…
Continental opens fourth expansion at China plant
Tyre firm Continental has celebrated the grand opening of the fourth expansion phase of its tyre plant in Hefei, China. With the extension of its solely tyre plant in the country Continental Tires will boost its annual production capacity to…
Wacker pumps up silicone specialties with new production site in Czech Republic
German silicones maker Wacker Chemie has strengthened its focus on silicone specialties in Europe with the construction of a new production site. When fully operational, the site will be able to supply over 20,000 tonnes/year of custom-made silicones. First production…
Wacker opens new hq in Munich
German silicones firm Wacker Chemie recently opened its new corporate headquarters in Munich yesterday at a ceremony with over 100 invited guests. The new roughly 18,000 sq m building in Munich’s Werksviertel District was designed by Danish architecture firm C.F.…
Klean/L4T Group tie-up for tyre recycling in Japan
Canadian recycling firm Klean Industries Inc has announced that it has executed a Memorandum of Understanding (MOU) with Ireland’s L4T Group Life for Tyres Ltd, a company that develops, builds, and operates end-of-life tyre manufacturing & pyrolysis facilities. Klean and…
SRI develops technique for measuring molecular motion in rubber
Japan’s Sumitomo Rubber Industries (SRI) had announced that it, in collaboration mainly with Makina Saito, Associate Professor at Tohoku University; Takaki Hatsui, Group Director at Riken; and Yoshitaka Yoda, Senior Scientist at the Japan Synchrotron Radiation Research Institute, has developed…