Birla Carbon Announces Green Finance Framework to achieve Net Zero Carbon Emissions by 2050 target
- By TT News
- July 16, 2022
Birla Carbon, one of the leading manufacturers and suppliers of high-quality carbon black solutions, has announced the formal adoption of a Green Finance Framework. The framework outlines the criteria and provides guidelines for Birla Carbon to finance eligible Green Projects through Green Loans or Bonds. This move comes in continuation of the business’ decarbonisation drive to achieve Net Zero Carbon Emissions by 2050 and the introduction of ContinuaTM range of Sustainable Carbonaceous Materials.
In addition to the Green Finance Framework, Birla Carbon has also successfully concluded the first Green Finance Transaction under this framework, in the form of a Green Loan of US$ 50 million. This loan will refinance a part of the capital expenditure which has been incurred towards installing state-of-the-art absorber technology to remove various compounds from air emissions levels at the North Bend plant in Louisiana, USA.
Sharing his thoughts on this announcement, Dr. Santrupt B. Misra, Group Director, Birla Carbon, Director, Chemicals, and Director, Group HR, said, “As a global leader in the carbon black industry, we have constantly been exploring opportunities to discover new paths and drive new solutions in the effort of achieving our milestone of Net Zero carbon emissions by 2050. The Green Finance Framework is an organic step in that direction. It challenges us to deliver on our commitments and our vision.” He further added, ”With the launch of Continua™ SCM, we have carved a strong position for ourselves in the sustainability and circularity domain within the carbon black industry. We now look forward to exploring innovative solutions that support our goals and that of our customers in the times to come.”
Sharing his thoughts on the occasion, John Loudermilk, Chief Executive Officer, Birla Carbon, said, “Achieving Net Zero Carbon Emissions by 2050 is at the core of our business strategy at Birla Carbon. The state-of-the-art absorber technology initiative at our Louisiana facility demonstrates our commitment towards using the best available technologies for sustainable manufacturing of carbon black products.” He further added, “In the years ahead, a significant commitment will be required for decarbonisation efforts of our process and the introduction of more Sustainable Carbonaceous Materials in the market. Keeping this in mind, such a framework will greatly help finance such projects.”
The Green Finance transaction was led by ANZ as the Lead Green Coordinator and DBS and HSBC as Joint Green Coordinators.
Soaring Raw Material Prices And Weak Demand Trigger wdk Alarm For German Rubber Industry
- By TT News
- May 16, 2026
The German Rubber Industry Association (wdk) has sounded an alarm over an exceptionally difficult economic situation facing the rubber sector. Soaring raw material prices and persistently high energy costs, exacerbated by the Iran war, are coinciding with weak industrial demand. wdk Chief economist Michael Berthel noted an almost unprecedented economic disparity, as raw material costs approach historical highs from 2011 and 2022 while a lack of demand prevents any offset for manufacturers.
Since the final quarter of 2025, prices for key inputs have risen sharply. Natural rubber has jumped more than 40 percent within months, while butadiene-based synthetic rubbers have increased over 30 percent. EPDM synthetic rubber, carbon black and oil-based plasticisers have all risen more than 20 percent, with some individual chemicals exceeding 40 percent cost growth in just a few weeks.
Energy prices remain a major burden, with Middle East developments fuelling market uncertainty. Risks to international transport and supply chains persist, and German rubber companies are closely watching potential impacts on raw material availability and global logistics flows.
Berthel warned that firms face mounting pressure from high costs, geopolitical instability and structural disadvantages in Germany, with no short-term relief in sight. The industry depends heavily on fair and reliable partnerships across the value chain, as processing companies alone cannot absorb the current strain. He called for fair solutions and a shared understanding of this exceptional situation.
Rubber Board Extends Planting Aid Schemes At Current Rates For 2026-27
- By TT News
- May 08, 2026
The Rubber Board of India has confirmed the continuation of all existing central sector schemes for the 2026-27 fiscal year at unchanged rates. Financial aid for new planting will be restricted to estates utilising poly bag or root trainer plants sourced solely from Board-approved nurseries, with applicants required to submit the original purchase bill. This mandatory verification step aims to ensure quality and authenticity of planting materials used across the sector.
Support for rain guarding and spraying operations will be channelled exclusively through Rubber Producers’ Societies. These societies must include GST bills for all acquired materials when applying. The official timeline for submitting applications will be announced separately by the Board, giving producers adequate time to prepare documentation and coordinate with their respective societies before the deadline.
Rubber Board Calls For Marketing Graduates With Digital Skills For Temporary Engagement
- By TT News
- May 07, 2026
The Rubber Board of India has announced a temporary engagement for a young professional within its Market Promotion Division, located at the RRII campus in Puthuppally, Kottayam. The selected individual will assist with division activities and promote ‘mRube’, the electronic trading platform for natural rubber.
Candidates must hold an MBA in Marketing or Agri Business Management with computer knowledge, while skills in digital marketing, sales or market research and proficiency in English and Hindi are preferred. Applicants aged up to 30 years as of 1 May 2026, will be considered for the one-year role, which offers a consolidated monthly pay of INR 25,000.
Interested individuals should send their applications to the Deputy Director (Marketing) at the Central Laboratory Building, RRII, Rubber Board PO, Kottayam – 686009 by 19 May 2026. Shortlisted names will appear on the Rubber Board’s website with interview details, as no separate communication will be sent.
Bekaert Finalises Acquisition Of Bridgestone’s Tyre Reinforcement Plants In China And Thailand
- By TT News
- May 06, 2026
Bekaert has officially finalised its acquisition of Bridgestone’s tyre reinforcement operations in China and Thailand, after securing all necessary regulatory approvals and meeting standard closing conditions. The deal, now fully completed, marks a significant step in the Belgian company’s expansion strategy.
The transaction brings under Bekaert’s control two production facilities: Bridgestone (Shenyang) Steel Cord Co., Ltd. in China and Bridgestone Metalfa (Thailand) Co., Ltd. in Thailand. These plants specialise in manufacturing high-quality tyre cord products exclusively for Bridgestone tyres, and they will continue to supply Bridgestone under the new ownership, further deepening the longstanding partnership between the two firms.
Financially, the acquisition is expected to add roughly EUR 80 million to Bekaert’s annual consolidated sales. The EUR 60 million cash consideration for the deal was funded from the company’s available cash reserves.
Curd Vandekerckhove, CEO Rubber Reinforcement, said, “With the completion of this acquisition within our Rubber Reinforcement division, we are pleased to officially welcome the plant teams in China and Thailand to Bekaert. Our immediate focus is on a smooth transition and operational continuity while continuing to serve Bridgestone as a key strategic partner. The completion of the acquisition further strengthens the position of Bekaert in the tyre cord market, expands the global manufacturing footprint and deepens our longstanding partnership with Bridgestone. A long-term supply agreement ensures continued delivery of high-quality tyre reinforcement within a trusted supplier model.”



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