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…
Tag: tyres
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…
SLM to invest in tyre facility in Pakistan; to double capacity
Chinese-Pakistani joint venture Service Long March (SLM) Tyres is to invest around EUR80 million in its joint venture tyre production facility in Pakistan, to help create new job opportunities and increase its exports. “Service Long March Tyres has committed a…
Orion invests in French tyre recycling facility
Speciality chemicals firm Orion S.A. says it is investing in Alpha Carbone, a French tyre recycling company. The partnership will enable Alpha Carbone to scale up and produce commercial volumes of tyre pyrolysis oil and recovered carbon black. The cooperation…
Enviro receives additional payment from jv for plant
Tyre recycler Scandinavian Enviro Systems has received an additional payment for costs incurred relating to the plant in Uddevalla, Sweden. The payment has been made by the joint venture established by Enviro and Antin Infrastructure Partners. This time, Enviro has…
Michelin breaks ground on EUR60 mn innovation centre in France
Tyre maker Michelin’s groundbreaking of the Collaborative Innovation Centre is said to mark a major milestone in this project dedicated to innovation, and the only one of its kind in Europe. Initiated in 2020 and spearheaded by five major local…
Neste concludes first processing run with pyrolysis oil from discarded tyres
In its efforts to advance chemical recycling, sustainable materials firm Neste says it has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tyres. In the processing run, Neste produced high-quality raw material for…
Continental acquires mould specialist for vehicle/specialty tyres
German tyre firm Continental has acquired the mould manufacturing specialist EMT Púchov s.r.o. based in Slovakia. All shares of Continental’s long-standing supplier were transferred to Continental effective April 2, 2024. The tyre manufacturer had entered into a respective agreement with…