- Hankook Tire & Technology
- Hankook Tire
- carbon black
- Tire-to-Tire Circular Economy Model
- HD Hyundai Oilbank
- HD Hyundai OCI
Hankook Tire Begins Mass Production Of Tyres Using ISCC PLUS Certified Carbon Black
- By TT News
- October 29, 2024
Hankook Tire & Technology (Hankook Tire) has announced that it has commenced mass production of its tyres utilising three types of ISCC (International Sustainability & Carbon Certification) PLUS certified carbon black.
The carbon black, derived from end-of-life tyre pyrolysis oil, was developed through the Tire-to-Tire Circular Economy Model consortium. This marks the company’s first achievement following the launch of the Tire-to-Tire Circular Economy Model consortium in November 2023. The consortium, a project launched by Hankook Tire, focusses on continuous collaboration along with research and development to create sustainable materials suitable for mass production.
The project aims to create a circular economy model for producing new tyres from end-of-life tyres in South Korea. Together with 12 other Korean companies and institutions, Hankook Tire is working to meet global market demand for carbon neutrality and the use of sustainable materials.
The tyre major states it has achieved this outcome through collaborative research with consortium partners HD Hyundai Oilbank and HD Hyundai OCI. HD Hyundai Oilbank and HD Hyundai OCI developed the three types of certified carbon black by applying refined oil obtained from the pyrolysis process of end-of-life tyres using a mass balance approach and received ISCC PLUS certification, a voluntary international certification system for sustainable materials and product circularity.
With this Hankook Tire says it is now ready to apply these materials for mass production. This collaboration contributes not only to the transition of the tyre industry toward a circular economy by replacing existing petrochemical-based raw materials with circular materials, but also helps reduce reliance on petroleum resources, conserving natural resources and lowering carbon emissions.
Starting this year, Hankook Tire will apply certified carbon black to its products, leveraging the material to meet global sustainability requirements. Additionally, it will continue to work closely with consortium partners to develop carbon black made with 100 percent pyrolysis oil, aiming for 100 percent use of sustainable materials by 2050 and thereby accelerating the development of circular materials through the consortium.
Meanwhile, Hankook Tire continues its unwavering efforts to enhance sustainability within the global tire industry. In 2021, its Geumsan plant in Korea became the first in the tyre industry to obtain ISCC PLUS certification. This was followed by its plant in Hungary, which received the same certification in 2023, establishing a foundation for incorporating sustainable materials into mass production.
Additionally, in August 2023, Hankook Tire became the first company in the Korean tyre industry to have its mid to long-term greenhouse gas reduction goals for achieving ‘Net Zero by 2050’ approved by the Science Based Targets initiative (SBTi).
This demonstrates the company’s commitment to implementing tangible measures that aim to reduce carbon emissions. In 2024, Hankook Tire was awarded the Three-Star Environmental Accreditation by the Federation Internationale de I’Automobile (FIA), the highest level of sustainability certification awarded by the organisation.
Kerala Launches Twelfth Phase Of Rubber Incentive Scheme
- By TT News
- August 12, 2026
The Government of Kerala has approved the twelfth phase of the Rubber Production Incentive Scheme, extending support to natural rubber growers through a guaranteed price mechanism.
The scheme is designed to ensure a price of INR 250 per kilogram for RSS 4 grade sheet rubber. Growers who are not yet enrolled may register for the programme until 23 October 2026, according to an official statement issued on 6 August in Kottayam.
Applicants seeking new registration must submit an Aadhaar card, bank passbook copy, current year land tax receipt and a photograph to their respective Rubber Producers’ Societies. Existing participants are required to renew their registration by providing land tax receipts for the 2026–27 period.
The release added that sale invoices or purchase bills submitted under the scheme must originate from licensed dealers who comply with statutory return requirements. Further details are available through the nearest Rubber Board office.
INROAD And Rubber Board Launch Multilingual Training Videos For Rubber Growers
- By TT News
- August 06, 2026
The Rubber Board of India has launched a series of educational videos as part of the iSPEED (INROAD Skilling and Production Efficiency Enhancement Drive) programme, an INR 1.50-billion initiative aimed at enhancing skill development, quality improvement and infrastructure building within the natural rubber sector. This launch comes as the plantation activities under the larger Project INROAD (Indian Natural Rubber Operations for Assisted Development) in Northeast India approach completion, shifting focus towards productivity and quality enhancement through modern training and facilities.
The newly released video series targets nearly 300,000 rubber growers in the region, covering five essential processing areas: Rubber Tapping, Rain Guarding, Grading, Rubber Sheet Making and Scientific Smokehouses. To ensure broad accessibility, the modules have been produced in Assamese, Bengali, Hindi and Malayalam, enabling effective communication with diverse stakeholders across the natural rubber ecosystem.
The official release of the videos was conducted by Executive Director M Vasanthagesan, alongside Rubber Production Commissioner Dr Siju T Nair, other senior Board officials and representatives from the Indian tyre industry. Developed over the past year with technical assistance from the Rubber Board and the Rubber Research Institute of India, the educational content combines animation with real-life field demonstrations to simplify complex scientific practices for easy adoption.
Project INROAD represents a unique collaboration between the Indian tyre industry and the Rubber Board, with support from Apollo Tyres, CEAT, JK Tyre and MRF. Over the last five years, this partnership has facilitated new rubber plantations across approximately 180,000 hectares in 113 districts of Northeast India, establishing it as the country’s largest plantation development programme of its kind.
Mohan Kurian, Chairman, INROAD Project, said, "Skill development and adoption of scientific practices are essential for improving both productivity and quality in the natural rubber sector. These multilingual videos will serve as an effective training resource for growers and complement the Rubber Board's ongoing extension efforts across the country.”
Sanjiv Saxena, Convener, ATMA Supply Chain & Resources (SCR) Group, said, "The objective of the participating member companies under INROAD is to ensure that rubber growers benefit the most from a stronger natural rubber value chain. By improving productivity and quality, we aim to help farmers realise better returns while strengthening the sustainability of the entire ecosystem."
Muraligopal, who played a key role in coordinating the development of the videos, said, "These videos are the result of close collaboration with the Rubber Board, RRII and field teams across the Northeast. Their guidance and support helped us develop practical, farmer-friendly training modules based on scientific best practices."
Zeon And Yokohama Rubber Advance Sustainable Rubber Project With New Facility Completion
- By TT News
- August 04, 2026
Zeon Corporation has finalised the construction of a new bench-scale facility at its Tokuyama Plant in Shunan City, Yamaguchi Prefecture, dedicated to advancing the efficient production of butadiene from sustainable ethanol sources. The project, which broke ground in July 2025, represents a strategic move to establish a naphtha-independent raw material supply chain, thereby bolstering both corporate sustainability and the broader transition towards a carbon-neutral society. The facility is slated to commence full-scale operations in January 2027, with the ultimate goal of achieving commercial viability by 2034.
A commemorative ceremony took place at the plant site on 31 July 2026, drawing a total of 46 attendees. The gathering included official representatives from Japan’s Ministry of Economy, Trade and Industry (METI), the New Energy and Industrial Technology Development Organization (NEDO) and local governmental bodies from Yamaguchi Prefecture and Shunan City. Also present were delegates from the Yokohama Rubber Company, the construction contractor and various affiliated firms, alongside Zeon’s leadership, including Akira Honma, the Corporate Officer and Tokuyama Plant Manager.
This initiative forms one half of a dual-themed research and development programme undertaken in partnership with Yokohama Rubber, under the auspices of NEDO’s Green Innovation Fund. The collaborative effort is focused on the social implementation of technologies for synthesising both butadiene and isoprene from renewable biological materials by the 2030s. As part of this process, Zeon is set to produce a prototype polybutadiene rubber using the output from the new bench-scale facility, while Yokohama Rubber will subsequently manufacture test tyres from this material and conduct performance evaluations on test tracks.
Both companies have outlined a clear roadmap, intending to finalise the core technology for societal deployment by 2030 through the operation of a larger pilot plant, with full-scale commercialisation targeted for 2034. The bench-scale facility is a critical precursor in this phased approach, providing essential data for the scale-up process.
The broader project encompasses two selected NEDO themes, both subsidised through the Green Innovation Fund. The first involves the highly efficient synthesis of butadiene from ethanol, with technical cooperation from the National Institute of Advanced Industrial Science and Technology. The second focuses on biotechnological pathways to directly produce butadiene and isoprene from plant-based materials, involving partnerships with the Institute of Science Tokyo and RIKEN. Both tracks aim to supplement synthetic rubber feedstocks and support closed-loop recycling, aligning with Japan’s 2050 net-zero emissions goal by fostering long-term industrial innovation.
- Association of Natural Rubber Producing Countries
- ANRPC
- Monthly NR Statistical Report
- Natural Rubber
ANRPC Publishes Monthly NR Statistical Report For June 2026
- By TT News
- July 31, 2026
The Association of Natural Rubber Producing Countries (ANRPC) has released its Monthly Natural Rubber Statistical Report for June 2026, a month defined by price resilience amid conflicting market forces. The provisional reopening of the Strait of Hormuz triggered a sharp 20.29 percent drop in Brent crude oil prices to USD 85.40 per barrel. However, this bearish signal was counterbalanced by persistent supply constraints from El Niño-related weather disruptions across major producing regions.
Physical rubber prices posted broad-based gains across most grades. SMR-20 rose 1.39 percent to USD 2.32 per kilogramme, while STR-20 gained 2.61 percent to USD 2.55 per kilogramme. RSS-3 and RSS-4 advanced 4.98 percent and 5.88 percent to USD 3.09 and USD 2.84 per kilogramme, respectively, though latex eased 1.44 percent to USD 1.94 per kilogramme. On the trade front, China's imports surged 7.14 percent month-on-month, while India and Viet Nam declined. Export growth was recorded for Cambodia, Viet Nam and Indonesia, though Thai shipments contracted.

Global production for 2026 is projected at 15.310 million tonnes, up 2.3 percent from 2025, driven by gains in Thailand, China, India and Malaysia. However, June output fell 3.7 percent year-on-year to 1.207 million tonnes due to seasonal wintering and El Niño-related weather disruptions. Malaysia, Indonesia and Cambodia have introduced new incentive and governance measures to strengthen their sectors. Global consumption is forecast to grow 0.7 percent to 15.411 million tonnes in 2026, with June consumption rising 3.3 percent to 1.300 million tonnes, led by China and India amid steady tyre and EV-related demand.
Currency markets saw the Malaysian ringgit trade between RM3.96 and RM4.08 against the US dollar, while the Thai baht ranged from 32.56 to 33.24. In futures trading, the SHFE September 2026 contract averaged 17,580.68 CNY per tonne, down 0.45 percent month-on-month, while the SGX September contract averaged USD 2.24 per kilogramme, up 1.75 percent, with both reflecting tightening supply and firm downstream demand.

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