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.

Comments (0)

ADD COMMENT

Link Copied!

ARLANXEO has announced that its Therban (HNBR) and Buna (BR) production facilities in Orange, Texas, have been awarded ISCC PLUS certification. This recognition allows the site to manufacture and offer products bearing the ARLANXEO Eco label, which represents the company's range of certified sustainable elastomers developed through a mass balance approach. As a result, ARLANXEO can now provide customers across North America and other global markets with verified sustainable alternatives that support carbon footprint reduction while preserving the high performance and reliability characteristic of Therban and Buna materials.

This achievement holds particular importance for the company's Specialty Elastomers division, as the Orange facility becomes the first Therban HNBR production site to earn this certification. It marks a significant step in broadening ARLANXEO's portfolio of sustainable high-performance elastomers. Additionally, the certification of Buna BR production at the same location further enriches the company's sustainable offerings, especially for clients in North America.

The ISCC PLUS certification is a globally acknowledged standard ensuring traceability, transparency and responsible sourcing throughout supply chains. By utilising the mass balance method to incorporate circular and renewable raw materials, ARLANXEO delivers Eco grades that enable customers to lower their environmental impact without sacrificing technical quality. This milestone aligns with the company's wider global sustainability strategy and represents continued progress in expanding its Eco portfolio across various sites and product lines, aiding customers in their shift towards more sustainable elastomer solutions.

Edwin Grootendorst, Global Head of Business Specialty Elastomers, said, “The Orange site is the first Therban HNBR production facility to receive ISCC PLUS certification and further strengthens the sustainability mission of ARLANXEO, as well as the Eco portfolio of the Specialty Elastomers cluster.”

Rohit Prabhune, Global Head of Business Basic Elastomers, said, “With Orange joining our existing ISCC PLUS-certified Buna sites, ARLANXEO now has ISCC+ Certified Basic Elastomers producing sites on three continents, with a truly global reach. This reinforces our commitment to providing customers with circular, mass balanced solutions that help reduce environmental impact while maintaining the performance they expect.”

Jay Capelli, Regional Head of Sales NORAM, said, “This certification helps solidify ARLANXEO’s position in the NORAM region as a premium supplier and partner – and supports the sustainability ambitions of our customers across key industries.”

Comments (0)

ADD COMMENT

Link Copied!

Orion S.A., a global speciality chemicals company, has achieved a Platinum rating from EcoVadis for its 2025 performance, placing it among the top one percent of companies assessed worldwide. The prestigious recognition evaluates business practices across four key pillars: environmental impact, ethical standards, sustainable procurement and labour and human rights. EcoVadis is recognised as one of the largest independent providers of sustainability ratings for businesses globally.

Further demonstrating its commitment to responsible operations, Orion also retained a strong B score from CDP, an international non-profit that manages a leading system for tracking corporate environmental impact. The CDP score, announced in December 2025, acknowledges Orion’s advancements in reducing climate change effects through proficient emissions management. Additionally, the company received an upgraded A rating on CDP’s Supplier Engagement Assessment, highlighting its robust governance, established targets and proactive engagement with its value chain to address scope 3 emissions.

Corning Painter, CEO, Orion S.A., said, “Achieving a Platinum rating for 2025 capped another successful year for sustainability at Orion. Among many achievements, we launched bio-circular grades of carbon black, improved energy efficiency across our operations, expanded leadership training programmes and won an industry award for safety performance at our plants. EcoVadis raises its standards every year, so maintaining our Platinum rating will require a stronger performance in 2026. But I’m confident our colleagues across the world who worked so hard to earn Platinum in 2025 will rise to that challenge again, as Orion continues to make progress on longer-term strategic sustainability goals aimed at cost-effective grades.”

Comments (0)

ADD COMMENT

Link Copied!

Birla Carbon Spain has been awarded a EUR 2 million grant by the Society for Regional Development of Cantabria S.A. (SODERCAN), a public entity of the Government of Cantabria, to advance an energy autonomy initiative at its Cantabria plant. The funding announcement was made in late February during a visit attended by María José Sáenz de Buruaga, President of Cantabria; Eduardo Arasti, Minister of Industry, Employment, Innovation, and Trade of Cantabria and Ángel Pedraja, CEO of SODERCAN. The grant forms part of a broader investment project by Birla Carbon Spain aimed at strengthening energy self-sufficiency at the facility.

The funding will support the installation of a 4 MW back-pressure steam turbine at the Cantabria unit, enabling it to generate electricity and steam internally for operations. When completed, the project is expected to reduce CO2 emissions annually while also decreasing reliance on water from the Miera River for cooling purposes and reducing process water discharge. Beyond these environmental benefits, the investment will help safeguard nearly 200 direct and indirect jobs associated with the facility, reinforcing the company's commitment to both sustainability and regional economic stability.

During the visit, President María José Sáenz de Buruaga was briefed on the technical and environmental aspects of the project and described it as a collective success. She recognised Birla Carbon Spain's strategic role in the regional industrial ecosystem and its position as a benchmark for innovation in Europe. The initiative represents a significant step towards sustainable manufacturing practices while demonstrating the company's dedication to long-term operational viability and environmental stewardship in Cantabria.

Dale Clark, Chief Manufacturing Officer, Americas & EMEA, Birla Carbon, said, “We were honoured to welcome the President of Cantabria, the Minister of Employment, Innovation and Trade of Cantabria and the CEO of SODERCAN to our Cantabria plant. Their support reflects the strategic importance of our operations to the region and the industries we serve with our carbon black solutions. The steam turbine will be key in helping the plant achieve energy autonomy, reducing our carbon footprint and strengthening long-term operational resilience. At Birla Carbon, we also remain continuously focused on improving energy efficiency, reducing water consumption and advancing sustainable manufacturing practices across our global operations.”

María José Sáenz de Buruaga, President of Cantabria, said, “With this contribution, not only does Birla Carbon win, but Cantabria wins too, because we are making decisive progress in the transformation of our production model and in our commitment to industrialisation.”

Comments (0)

ADD COMMENT

Link Copied!

Flexsys, a global leader in advanced tyre additives and material-science solutions, has been honoured with the Chemical and Compounding Innovation of the Year Award at the Tire Technology International Awards for Innovation and Excellence. This recognition celebrates the company’s progress in creating a novel alternative to 6PPD for tyre manufacturing.

Driven by a significant challenge within the tyre industry, Flexsys’s dedicated research and development team, alongside respected federal and independent laboratories, pursued the creation of a next-generation replacement for 6PPD. Their investigation spanned hundreds of molecules from various chemical families, ultimately identifying several promising candidates that satisfy the stringent criteria for both tyre efficacy and environmental safety. Extensive laboratory testing, conducted both internally and by external parties, has confirmed that one of these candidates delivers robust antidegradant qualities while presenting a favourable toxicological profile. Significantly, this effective molecule is not a PPD chemical. Currently, performance trials are in progress with selected industrial collaborators, with further information regarding the specific molecule anticipated later this year.

The award itself is determined by a completely autonomous international jury composed of journalists and industry specialists. It is coordinated by Tire Technology International magazine, a publication owned by UKi Media & Events, which also organises the renowned Tire Technology Expo.

Neil Smith, Chief Technology and Sustainability Officer, said, “We are honoured to receive this industry recognition for our work, which reflects our commitment to delivering solutions that meet demanding performance requirements while advancing environmental responsibility. I’m incredibly proud of the Flexsys R&D team whose dedication and scientific rigor has allowed us to achieve this recognition. We believe collaboration across the tyre and materials ecosystem is essential to developing durable, scalable solutions for the industry and look forward to continuing this journey together.”

Matt Ross, Editor-In-Chief, Tire Technology International magazine, said, “The Tire Technology International Awards for Innovation and Excellence are recognised as the industry’s top accolades and aim to celebrate the best new technologies and innovations from all over the world. On behalf of all of the judges, we extend our congratulation to the Flexsys team on this win and their work to find a replacement for 6PPD in tyres.”

Comments (0)

ADD COMMENT

Link Copied!