Halcyon Agri’s founding chief executive officer Robert Meyer and chief corporate officer Pascal Demierre announced the retirement with immediate effect from 26 June 2020.

David Li Xuetao has been appointed as new chief executive officer of Halcyon Agri effective from 26 June 2020.

Xuetao was the former CEO of GMG Global Ltd (GMG) and has more than 20 years’ experience in tyre, synthetic rubber and natural rubber business.

The company also said that the new management team will be strongly focused on navigating Halycon Agri through difficult global environment arising from the Covid-19 pandemic, and ensure the Group is well positioned to emerge stronger and to capitalise on opportunities arising from the evolving business environment.

Commenting on this leadership transition, Liu Hongsheng, Chairman of the board of directors of Halcyon Agri, said: “Today marks the successful completion of the post-merger integration of GMG, Sinochem’s Natural Rubber business unit and Halcyon Agri. On behalf of Sinochem International and Halcyon Agri, I would like to thank Robert and Pascal for their efforts and contribution in building up Halcyon Agri, and for leading the Group through the challenging market conditions of the last 3 ½ years.”

Robert Meyer, outgoing CEO said: “Over the past 10 years, I have been fortunate to work with an outstanding team of colleagues and friends, and we have developed a platform that is poised to outperform over the coming years. The natural rubber industry is set for a sustained recovery, and as second-generation member of the fraternity, I am grateful to have been able to contribute my part..”

Pascal Demierre commented, “It has been a remarkable journey and experience to grow this business from inception into one of the largest and best respected companies in the industry globally, made possible only with the dedication of exceptional teams across the Group.”

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Scandinavian Enviro Systems AB publ has signed a letter of intent with an undisclosed partner to explore the possibility of licensing its advanced tyre pyrolysis technology for deployment in North America.

The collaboration will focus on conducting a comprehensive feasibility study to evaluate the technical and commercial viability of establishing one or multiple facilities dedicated to processing end-of-life tyres using Enviro’s proprietary method. This study is designed to provide the potential licensee with the necessary insights to assess the prospects of entering into a long-term commercial arrangement and formal technology licensing agreement.

It is important to note that any definitive agreements will depend entirely on the study's outcomes and subsequent negotiations. At this stage, there is no guarantee that the evaluation will lead to binding commitments or that the proposed transaction will ultimately materialise.

Fredrik Aaben, CEO, Scandinavian Enviro Systems, said, “We continue to see strong international interest in Enviro’s technology, and this letter of intent is yet another proof of this.”

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Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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