Australian public-listed tyre recycling company Entyr Limited says it has successfully raised AUD$7.9 million in capital to continue building the infrastructure required at its Queensland plant to achieve its full commercial capacity, Applying its thermal patented processing to create and…
Category: Industry News
Oldrati awarded tender for rubber recycling R&D
Italian rubber processor Oldrati Guarnizioni Industriali SpA, part of the Oldrati Group, an Italian leader in the production of rubber, plastic and silicone products, has announced an investment of more than EUR6 million, thanks to the support of the Ministry…
GRI acquires Hungarian tyre firm to expand in Europe
Sri Lankan tyre maker Global Rubber Industries (GRI) has acquired Hungary’s Atra Kecskemet, which supplies tyres & services for material handling, agriculture and construction industries. GRI says the acquisition is intended to strengthen its global footprint and its presence in…
Tianqi Lithium to invest US$150 mn in Mercedes-Benz/Geely EV
China-based electric vehicle (EV) joint venture between Mercedes-Benz and Zhejiang Geely Holding Group, Smart Automobile, has said it will raise between US$250 and $300 million in an A round fundraising to accelerate growth. Smart, based in Hangzhou Bay, Zhejiang province,…
Asahi Kasei liquidates tyre cord company
In the face of slower growth, Japan’s Asahi Kasei has decided to discontinue the business of Asahi Kasei Cord Co and liquidate the company. Asahi Kasei Cord was established in 1970 as a manufacturer of nylon yarn for tyre cord…
Freudenberg develops ETU-free rubber compounds for crosslinking polymers
Germany’s Freudenberg Sealing Technologies says it has developed new chloroprene rubber compounds that require no ethylene thiourea (ETU) as an accelerator, while still meeting strict requirements of the automotive industry. Using ETU as an accelerator in the vulcanisation of chloroprene…
Trelleborg launches range of hydrogen sealing materials
Trelleborg Sealing Solutions has launched the H2Pro range of sealing materials for every application of the hydrogen value chain, including a new ethylene propylene diene monomer (EPDM) rubber for high-pressure environments across a wide range of temperatures, and a thermoplastic…
Brenntag/RubberJet Valley partner to distribute rubber powder/granules from ELTs
Brenntag, the global market leader in chemical and ingredients distribution, and RubberJet Valley, an Italian rubber recycling group, have entered into a distribution agreement for the technical development and commercialisation of rubber granules and powder produced from large end-of-life tyres…
Greenergy to build tyre recycling plant in UK
UK energy firm Greenergy has submitted a planning application for two renewable fuel plants located at the same complex in Teesside, UK. The first plant will be for advanced biofuels production from its end-of-life tyres project, Green Tyre Technology (GTT),…
Wastefront and VTTI tie-up to scale up global tyre recycling plants
Norwegian tyre recycling company Wastefront has announced a strategic partnership with Dutch energy storage infrastructure provider VTTI. The deal will see Wastefront receive up to US$43 million investment which will be pumped into the first phase of Wastefront’s Sunderland, UK,…