CARBIOS Signs PET Recycling Deal With Indorama

CARBIOS Signs PET Recycling Deal With Indorama

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.”

Enviro Signs LOI For Pyrolysis Technology Licensing In North America

Enviro Signs LOI For Pyrolysis Technology Licensing In North America

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.”

Kraton Corporation Announces Price Hike For Polymer Products

Kraton Corporation Announces Price Hike For Polymer Products

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.

LANXESS Announces Price Hike For Rubber Additives

LANXESS Announces Price Hike For Rubber Additives

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.

Orion S.A. Announces Price Hike For Speciality Carbon Black

Orion S.A. Announces Price Hike For Speciality Carbon Black

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.