Pyrum Innovations AG Raises Capital to Fund Expansion
- By TT News
- October 22, 2024
Pyrum Innovations AG has successfully raised additional capital through a private placement, aiming to fund the development of a new production site and participate in joint ventures.
The company issued up to 450,000 new shares at 27.50 euros per share, raising an estimated 12.375 euros million. These funds will be used to develop a new site in Perl-Besch, Germany, and invest in joint ventures for new production facilities.
The capital increase was approved by both Pyrum Innovations AAG’s management and supervisory boards of Pyrum Innovations. The new shares will be included in trading on the Frankfurt Stock Exchange (Euronext Growth).
Pyrum said the company’s decision to raise capital reflects its ambitious growth plans and commitment to expanding its operations in the coming years.
Bekaert Secures ISCC PLUS Certification For Steel Tyre Reinforcement
- By TT News
- February 27, 2026
Bekaert has achieved a significant sustainability milestone by securing ISCC PLUS certification for its steel tyre reinforcement products. This accomplishment highlights the company's dedication to driving innovation and working closely with tyre manufacturers to promote the widespread use of materials with high recycled content.
Historically, steel used for tyre reinforcement was not covered by ISCC PLUS. However, a partnership between Bekaert, ISCC and the certification body TÜV NORD successfully developed a structured certification path for tyre cord and bead wire with high recycled content. TÜV NORD played a key role by auditing Bekaert’s Burgos facility during a pilot phase, technically validating that the ISCC PLUS framework could be effectively applied to steel-based products. This validation paves the way for its wider acceptance in the tyre sector.
This certification builds upon the foundation laid by Bekaert’s own Recycled Content Standard, which previously set an industry benchmark for traceability and sustainable practices. The earlier standard's success was instrumental in encouraging ISCC to broaden its certification framework to encompass steel products. Although the Bekaert standard will remain valid during the transition, ISCC PLUS now offers a globally acknowledged system that guarantees uniformity and clear traceability throughout the entire supply chain.
This certification positions Bekaert as a leader in advancing certified tyre reinforcement, fostering industry-wide acceptance and generating shared benefits with tyre makers. For manufacturers, utilising ISCC PLUS-certified materials lends credibility to their sustainability assertions, simplifies the certification landscape and aids in meeting regulatory and market demands. Furthermore, their customers continue to gain from Bekaert’s dependable supply chain, which is now enhanced by verified sustainable sourcing.
Annie Xu, President – Rubber Reinforcement, Bekaert, said, "Achieving ISCC PLUS certification demonstrates our leadership in certified steel with high recycled content for tyre reinforcement. We are proud to have worked closely with ISCC and TÜV NORD to shape this framework, which will help our customers stay ahead of sustainability and regulatory expectations."
An ISCC representative said, "We welcome the successful completion of the certification process for steel tyre reinforcement under ISCC PLUS. This demonstrates that the ISCC framework can be applied to additional material categories while maintaining our established requirements for traceability and verification."
Samir Beqqal, Head of Carbon Traceability Business Entity Sustainability, TÜV NORD CERT, said, "Working with Bekaert and ISCC on this pilot certification was an important step towards applying ISCC PLUS principles to new material categories like steel. We are delighted that we were able to contribute our expertise to this process and help ensure that certified traceability and sustainability assurance can also be effectively extended to industrial materials now.”
Birla Carbon To Present Advanced Carbon Black Portfolio At Tire Technology Expo 2026
- By TT News
- February 26, 2026
Birla Carbon is set to participate in the upcoming Tire Technology Expo 2026, scheduled to take place in Hannover, Germany, from 3 to 5 March 2026. Attendees can find the company at Stand C 224, where it will present its latest innovations in carbon black and sustainable materials. The focus will be on solutions specifically designed to meet the evolving demands of the tyre industry, particularly in enhancing performance while aligning with broader environmental objectives.
The exhibition will serve as a platform to demonstrate how Birla Carbon’s advanced materials contribute to greater tyre durability and fuel efficiency. These developments are especially pertinent for next-generation mobility, including the specific requirements of electric vehicles. The company aims to show tire manufacturers how performance enhancements can be achieved without sacrificing sustainability commitments.
A key theme of their presence will be the strength and agility of their supply network across the EMEA region. By emphasising its robust local manufacturing and distribution framework, Birla Carbon intends to highlight its role as a dependable innovation partner. This infrastructure is built to ensure consistent quality and supply chain resilience, allowing for effective collaboration even in fluctuating market conditions.
Sustainability will be woven throughout the company’s engagement at the expo. Birla Carbon plans to detail its journey towards achieving net zero carbon emissions, spotlighting advancements like its Continua Sustainable Carbonaceous Material (SCM). The widespread ISCC Plus certification across its global manufacturing sites will also be featured, underscoring its commitment to traceable and responsible sourcing practices throughout the value chain.
John Davidson, Chief Sales, Marketing & Sustainability Officer, Birla Carbon, said, “Birla Carbon brings a range of innovative carbon black solutions, backed by its decades of manufacturing leadership, at a time when the industry is focused on maximising tyre performance across diverse mobility requirements. As mobility evolves towards electric and more energy-efficient platforms, carbon black is increasingly becoming a key performance enabler, directly influencing durability, rolling resistance and lifecycle emissions. Tire Technology Expo provides an impactful global platform to demonstrate how our advanced carbon material solutions are engineered for modern mobility and sustainability.”
STA Partners With Community Merchants Nationwide To Launch ‘Friends Shop’ On Sri Trang Friends App
- By TT News
- February 25, 2026
Sri Trang Agro-Industry Public Company Limited (STA) is advancing Thailand’s agricultural digital transformation through its homegrown platform, the Sri Trang Friends application. Launched in 2019 with the vision of providing a comprehensive digital tool for rubber farmers, the platform has since evolved to serve a broader agricultural community, including palm growers. It is designed to streamline access to information, services and various support mechanisms, creating a direct link between the company, farmers and supply chain participants.
A key recent development is the introduction of the Friends Shop feature and the Friends Point rewards system. This enhancement integrates local merchants from communities nationwide into the application, allowing farmers to conduct convenient transactions while helping to lower their daily expenses. The points accumulated can be used as cash equivalents or exchanged for a wide range of benefits, including essential goods and services, thereby stimulating local economic activity. The platform’s utility has also been extended to Sri Trang Group employees and the general public, who can now earn and redeem points for discounts or payments at participating outlets such as supermarkets, fuel stations and coffee shops. This expansion ensures the app delivers practical, lifestyle-oriented advantages to a wider user base.
According to Executive Director Vitchaphol Sincharoenkul, the application was originally conceived under the concept of ‘One App, Complete Services for Rubber Farmers’ to strengthen farmer engagement, improve coordination efficiency and ensure fully traceable and transparent produce trading. Beyond these operational goals, it also opens new marketing channels for local communities and fosters deeper collaboration across the agricultural value chain. The company is actively broadening its network of partners to diversify the benefits and merchant options available to users.
Currently, the Sri Trang Friends platform has attracted over 150,000 registered users, with more than 40 community merchants across various regions either already onboard or preparing to join. This growth underscores the company’s commitment to leveraging a Thai-developed digital solution to empower modern farmers, reinforce local economies and drive sustainable long-term progress within the nation’s agricultural sector.
Himadri’s New Production Line Creates World’s Largest Single-Site Speciality Carbon Black Hub
- By TT News
- February 25, 2026
Himadri Speciality Chemical Ltd (HSCL) has officially launched commercial production at its new 70,000 metric tonne per annum speciality carbon black line in Mahistikry, West Bengal. This brownfield expansion elevates the company’s total carbon black manufacturing capacity to 250,000 MTPA, with 130,000 MTPA specifically dedicated to speciality grades at this single location. As a result, the Mahistikry facility now holds the distinction of being the largest site in the world for speciality carbon black production.
The development represents a pivotal achievement in the company’s strategic roadmap, solidifying its global standing in the advanced materials sector. By significantly increasing its speciality portfolio, the company is better positioned to meet the rigorous demands of high-value industries such as plastics, inks, paints and coatings. The project integrates cutting-edge process technology with stringent quality controls and energy-efficient systems, ensuring that premium-grade products are consistently delivered to an international client base.
Financially, the new capacity is set to positively influence revenue streams and bolster margins over the coming years. The expanded scale not only enhances operational efficiency and supply chain dependability but also accelerates the company’s ability to innovate and respond to market shifts. As worldwide demand increasingly favours tailored, high-performance carbon solutions, this enhanced infrastructure provides a distinct competitive edge through improved agility and product development capabilities.
Anurag Choudhary, CMD & CEO, Himadri Speciality Chemical Ltd, said, “The commencement of commercial operations of our 70,000 MTPA Speciality Carbon Black line at Mahistikry marks the beginning of the next phase of growth in our advanced carbon materials journey. With this expansion, Mahistikry becomes the world’s largest single-location Speciality Carbon Black facility, with a capacity of 130,000 MTPA. This milestone significantly enhances our production capabilities and positions us strongly to capture rising global demand in premium, application-specific segments such as plastics, inks, paints, coatings and other specialised industries. We remain committed to disciplined expansion, operational excellence, sustainability and delivering high-performance solutions that create long-term value for all stakeholders.”

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