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Hyosung Advanced Materials Seeks $1 Billion Sale of Tire Cord Unit, reports Korea Economic Daily
January 28, 2025
HS Hyosung Advanced Materials Corp. is reportedly planning to sell its tyre steel cord business, potentially fetching $1 billion (1.5 trillion won). The move aligns with the company's strategic pivot toward electric vehicle materials, hydrogen, and AI und
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Bridgestone Partners With Three Japanese Firms To Develop Eco-Friendly Tyre Recycling Tech
January 28, 2025
Bridgestone has joined forces with three Japanese firms to create an eco-friendly tyre recycling technology. The collaboration focuses on enhancing sustainability by leveraging innovative recycling processes to repurpose used tyres, reducing environmental
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IAG Invests in Wastefront to Convert Waste Tyres into Sustainable Aviation Fuel
January 23, 2025
International Airlines Group (IAG) has invested in Wastefront, a Sunderland-based company converting waste tyres into Sustainable Aviation Fuel (SAF). The plant, set to process 10 million tyres annually by 2027, will refine tyre-derived oil into SAF, redu
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Capital Carbon Expands rCB Capacity To Tackle Supply Chain Issues
January 14, 2025
Capital Carbon commenced operations in 2012 with a modest pyrolysis capacity of 10 tonnes per day. Over the years, it has consistently expanded its capacity, increasing to 150 metric tonnes per day.
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Finorchem Limited Achieves Silver EcoVadis Medal for Sustainability Excellence
January 13, 2025
Finorchem Limited, a leading name in speciality chemicals for the tyre and rubber industries, has earned the prestigious Silver Medal in EcoVadis' sustainability assessment. This accolade places Finorchem among the top performers in its sector, reflecting
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Hankook Tire Collaborates With Solvay To Develop 'Circular Silica'
January 13, 2025
Global leading tyre company Hankook Tire & Technology (Hankook Tire) has signed a memorandum of understanding (MOU) with Solvay Silica to jointly develop ‘Circular Silica’.
