CARBIOS Signs PET Recycling Deal With Indorama
- By TT News
- July 24, 2025
CARBIOS has signed a multi-year commercial agreement with Indorama Ventures, the world’s leading PET producer, to supply biorecycled monomers from its Longlaville plant. Indorama will repolymerise these monomers into r-PET filaments, which Michelin will then integrate into its tyre reinforcements.
Using its proprietary enzymatic recycling technology, CARBIOS will process complex PET waste into high-purity monomers at its new facility. Indorama will handle the conversion of these monomers into technical-grade filaments, enabling Michelin to enhance the sustainability of its tyres. This partnership accelerates the pre-commercialisation phase of CARBIOS’ industrial project, building on recent contracts with two major cosmetics brands for biorecycled PET.
The collaboration highlights the growing demand for circular solutions in manufacturing, with CARBIOS’ innovation playing a pivotal role in transforming waste into high-value materials. This milestone reinforces CARBIOS’ position as a leader in enzymatic recycling and supports Michelin’s commitment to sustainable mobility.
Vincent Kamel, CEO of CARBIOS, said, “This commercial agreement with Indorama Ventures marks a new step in the realisation of our industrial project. It confirms the trust of Indorama Ventures and Michelin in our PET biorecycling technology. Alongside the commercial successes already achieved in cosmetic packaging applications, this agreement illustrates our ability to deliver innovative solutions to the most demanding industries, particularly industrial filaments for tyre applications and, more broadly, textile.”
Fabien Gaboriaud, Director of Circularity and Renewable & Recycled Materials at Michelin Group, said, “This partnership is a tangible expression of our commitment to turning complex waste into high-performance materials. By integrating enzymatically recycled r-PET into our tyres, we are marking a new milestone on our journey toward achieving 100 percent renewable and recycled materials by 2050 — all while staying within planetary boundaries. It is by combining innovation, industrial excellence and close collaboration with trusted partners that we are building a strong and lasting circular model.”
Renato Boaventura, Global Market Head – Mobility at Indorama Ventures, said, “This alliance with both, CARBIOS and Michelin, underlines our commitment to plan ahead and take a leading role in shifting the industry towards circularity.”
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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