Leading global tyre manufacturer NEXEN TIRE has signed a long-term supply agreement with LD Carbon (LDC) for recovered carbon black (rCB) with an aim to boost the adoption of sustainable materials. This partnership is in line with the company's commitment to improving worldwide sustainable management standards.

In order to significantly reduce carbon emissions and encourage resource cycle, LD Carbon produces its recovered carbon black by pyrolysing end-of-life tyres in an oxygen-free atmosphere. Using recycled carbon black instead of petroleum-based carbon black is a smart move that preserves product performance and promotes environmental sustainability. The company has been using more recovered carbon black over time, and this agreement aims to hasten the shift to more ecologically friendly raw materials.

Recovered carbon black from manufacturing sites worldwide, such as those in China, the Czech Republic and Korea, will be used by NEXEN TIRE. In order to increase its global competitiveness, NEXEN TIRE is creating a circular resource structure that will provide a steady supply of recycled materials and integrate them into its global manufacturing chain. The use of sustainable materials in tyre manufacturing will be required under the European Union's proposed Ecodesign for Sustainable Products Regulation (ESPR), and NEXEN TIRE is in a strong position to increase its competitiveness by proactively creating a sustainable raw material supply chain, especially in Europe, where it accounts for almost 40 percent of total sales.

John Bosco (Hyeon Suk) Kim, CEO, NEXEN TIRE, said, “Expanding the usage of recovered carbon black is a strategic step that demonstrates our commitment to ESG management and proactive response to global environmental concerns. We will continue to accelerate the transition to eco-friendly materials and establish a tire manufacturing system that has a low environmental effect from production to disposal.”

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German chemical group WACKER has announced a price hike across its silicones product range, responding directly to significant upheavals in international commodity markets triggered by the recent military conflict in the Middle East. This geopolitical instability has created pronounced distortions throughout the supply chain, leading to a sharp escalation in the costs of essential inputs. The company is experiencing substantially higher prices for energy as well as for various other raw materials and logistics services.

To address this challenging economic landscape and offset the considerable burden of increased raw material and transportation expenses, the chemical group is implementing price adjustments effective 1 April 2026. The updated pricing will be communicated to the customers accordingly. This strategic move is essential for the company to maintain operational stability and continue delivering its products reliably amidst the volatile market conditions.

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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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