HANWA THAILAND CO., LTD., a subsidiary of Japan’s HANWA CO., LTD., has acquired a partial stake in PYRO ENERGIE CO., LTD., a Thailand-based company specialising in tyre pyrolysis recycling. This strategic move addresses the persistent global issue of end-of-life tyres and manufacturing defects, which often lead to environmental harm through illegal disposal or landfill accumulation. While HANWA Group already supplies tyre chips as an eco-friendly fuel source to Japanese industries, pyrolysis has emerged as a preferred recycling solution in global markets.

The pyrolysis process thermally decomposes waste tyres in an oxygen-deprived environment, yielding reusable materials like pyrolysis oil and carbon residue. These outputs serve as valuable fuel alternatives or raw materials for tyre production and other industrial uses, advancing decarbonisation goals. By partnering with PYRO, HANWA seeks to enhance the commercial viability of pyrolysis-derived products and establish an international supply chain in cooperation with tyre manufacturers. The resulting materials will support the chemical, synthetic rubber and tyre industries, promoting a circular economy.

Both HANWA and HANWA THAILAND hold ‘ISCC PLUS’ and ‘ISCC EU’ certifications, underscoring their commitment to sustainable practices. The group remains dedicated to expanding its portfolio of certified recycled and biomass products, reinforcing its role in building a decarbonised future.

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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.”

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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.

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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.

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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.

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