Finorchem Limited Achieves Silver EcoVadis Medal for Sustainability Excellence
- By TT News
- January 13, 2025
Finorchem Limited, a leading manufacturer of speciality chemicals and innovative solutions for the tyre and rubber industries, has been awarded the prestigious Silver Medal in the latest EcoVadis sustainability assessment. This recognition highlights the company's strong commitment to environmental stewardship, ethical business practices, and sustainable operations.
EcoVadis, widely regarded as one of the world's most trusted providers of business sustainability ratings, evaluates companies across multiple criteria including environmental impact, labour practices, ethics, and sustainable procurement. The Silver Medal places Finorchem Limited among the top-performing companies in its industry sector.
The achievement reflects Finorchem's ongoing initiatives in sustainable manufacturing processes, responsible sourcing, and environmental management systems. The company's portfolio includes eco-friendly chemical solutions that help customers reduce their environmental footprint while maintaining high-performance standards.
Enviro Signs LOI For Pyrolysis Technology Licensing In North America
- By TT News
- March 18, 2026
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
- By TT News
- March 17, 2026
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
- By TT News
- March 16, 2026
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
- By TT News
- March 14, 2026
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.

Comments (0)
ADD COMMENT