News: Tire Recycling & Pyrolysis

Pascal Klein, CEO and largest single shareholder of Pyrum Innovations AG (Pyrum), held a total of 4,000 Pyrum shares on July 31, 2023 sold over the counter (OTC) to the member of the Supervisory Board Jürgen Opitz. Mr. Opitz thus increases his shareholding slightly and, including attributable shares, holds around 8% of Pyrum. Pascal Klein continues to hold around 10% of the company. The transaction was executed as an OTC transaction at a purchase price of EUR 50.00 per share and thus around 3.7% above the average of the last five trading days before the conclusion on Xetra (EUR 48.23). The corresponding notifications from Pyrum Innovations AG on proprietary transactions by executives are available on the company’s website.

The Tire and Rubber Association of Canada (TRAC) announced the speakers for its highly anticipated 2023 Rubber Recycling Symposium which will take place on October 4-5 in Halifax, Nova Scotia. “This year’s event is going to be one for the books. Our 2023 lineup is comprised of stellar speakers from key global markets including the Americas, Asia, Australia, and Europe; and brings some of the true experts and leaders in their respective fields,” says Carol Hochu, President and CEO of TRAC.

Ecolomondo Corporation – a cleantech company specializing in the commercialization of its Thermal Decomposition Process (TDP) proprietary recycling technology and the global deployment of TDP turnkey facilities – announced that Reactor 1of its 2-reactor TDP plant in Hawkesbury, Ontario, has been certified by TSSA (Technical Standards and Safety Authority) for the use of the syngas (process gas) produced from TDP production cycles as the energy source to fire up reactors.

According to the latest press release by Tyre Stewardship Australia (TSA), Australia recovers close to 90% of passenger, bus and truck tires, but the remaining 10% gap is critical to achieving national waste reduction goals, reducing carbon emissions and deterring tire eco-hazards in the future. As per TSA data, even 10% of unrecovered tires still pose an intolerable eco-hazard, and Australia stands the risk of regressing until it stops illegal dumping, stockpiling, and rogue waste operators.

According to Bnamericas platform, Chile recently enacted the extended producer responsibility (EPR) law, which compels the mining industry to take responsibility for recycling 25% of their end-of-life tires (ELTs) and storing at least 50% of them, either directly or through a third party. This regulation applies to producers, importers, sellers, and waste managers, as ELTs from mining trucks pose a significant environmental concern. Unlike car tires that weigh around 9kg each, conventional truck tires weigh approximately 38kg, and mining truck tires can be as heavy as 4,000kg.

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The III Latin American Tire Recycling Conference, also known as JornadasReciclaje, represents an excellent opportunity to explore various alternatives in technologies, regulations, developments, and diverse solutions related to tire recycling in Latin America. The Latin American Society of Rubber Technology (SLTC) aims to be a driving force for technological, entrepreneurial, and management knowledge in the rubber industry. With over 6,000 members and 30 years of experience, SLTC is committed to the principles of the circular economy, sustainability, and rubber product recycling within the industry.

Pyrolysis, an advanced chemical recycling route for End-of-Life Tires (ELT), is experiencing a boom in the last few years. As seen objectively, there is no one best design and/or process mode. Different options can be considered depending on the local circumstances and/or targeted product yields and qualities. While only a small portion of global ELT arisings (31 million tons per year) are currently finding their way to thermochemical decomposition, recent developments are showing strong signs of promising opportunities.

Smithers Sustainability in Tires 2023 will take place this October 12-13 in Shanghai, China and online. Smithers successfully held Tomorrow's Tire in 2019 and 2022 in China, discussing all of the most important topics affecting the tire industry, including OEM's requirements, tire performance, new technologies, future opportunities, and more.