Orion Recognised As Key Innovator By European Commission’s ‘Innovation Radar’
- By TT News
- March 04, 2025
Orion S.A., a global speciality chemicals company, has been recognised as a ‘Key Innovator’ by the European Commission's 'Innovation Radar’ website, which identifies high-potential innovators that have done EU-funded research, for being the first company to produce circular carbon black from 100 percent pyrolysis oil from end-of-life tyres.
The circular carbon black was created by Orion as a collaborator on the EU-funded BlackCycle project (Horizon 2020 programme under grant agreement No: 869625). The material is ready for the market as a substitute to carbon black derived from fossil fuels. The goal of the Michelin-led, award-winning BlackCycle effort was to develop innovative methods for creating new tyres from used tyres. It involved five research and technology organisations as well as seven industry partners.
Last year, Orion also started its ‘Clean Carbon Black Research and Development Project’, which was made possible by a EUR 6.4 million funding from the European Union and the German Government. The goal of the project is to create a method for making carbon black from alternative carbon sources that is climate neutral.
Corning Painter, CEO, Orion, said, “Driving circularity is part of Orion’s long-term strategy. Our customers are increasingly relying on us to provide solutions to meet the growing demand for circular products. We are scaling up our capabilities to process tyre pyrolysis oil and have other innovations in our sustainability pipeline focused on cost-effective solutions.”
Natalia Scherbakoff, CTO, Orion, said, “Although the BlackCycle project has concluded, our innovation work continues with other initiatives with circular carbon black that involve reducing our carbon footprint, improving yield and throughput and potentially lowering material costs.”
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.

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