Pyrum Innovations AG has initiated preliminary talks with Thermo Lysi SA regarding establishing a cutting-edge tyre recycling facility in Greece. The company has committed to managing all necessary planning procedures for securing building permits following Greek legislation for the proposed plant, slated to be situated approximately 140 kilometres north of Athens. With an annual capacity of 20,000 tonnes of used tyres, the facility is poised to address nearly half of Greece’s total tyre waste, which amounts to approximately 45,000 tonnes annually. The plant aims to implement sustainable tyre recycling practices and extract valuable resources from discarded tyres.

Pascal Klein, CEO of Pyrum Innovations AG, said, “We are looking forward to realizing this groundbreaking project in Greece together with Thermo Lysi SA. Commissioning the design and all the work necessary to obtain the building permit underlines the trust and commitment that Thermo Lysi SA has placed in us. Together, we will examine the requirements for building a state-of-the-art recycling plant to address the challenges of waste tyre disposal in Greece and make an important contribution to the circular economy.”

As part of the assessment, Pyrum will conduct fundamental engineering work and compile segments of the regulatory documentation for the upcoming plant. An existing tyre recycling plant with a shredder system is already in place at the proposed site, enabling synergies in the conceptualization and eventual execution of the new facility. Moreover, the chosen land provides ample room for future expansion.

The collaboration with Thermo Lysi SA significantly bolsters Pyrum’s robust pipeline for pyrolysis plant constructions utilizing Pyrum technology across Europe. This venture marks the company’s inaugural project beyond Germany. Pyrum recently inked several letters of intent with various firms for collaborative endeavours. Furthermore, Pyrum has commenced preparations for approval documents for another proprietary facility in Homburg, Germany, with construction slated to begin by year-end. Pending ongoing financing discussions, Pyrum anticipates securing complete financing by the time the approval applications are submitted.

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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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German chemical group WACKER has announced a price hike across its global polymers portfolio, 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 crude oil and natural gas 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 apply to several key product categories, specifically including polymer dispersions, a variety of resins and dispersible polymer powders. This strategic move is essential for the company to maintain operational stability and continue delivering its products reliably amidst the volatile market conditions.

The final scale of these price increases is not a fixed, across-the-board figure but will be determined by specific variables. It will largely depend on the original source of the product, with goods manufactured at the company’s European and Asian production sites being most affected. Furthermore, the terms outlined in existing customer contracts will also play a crucial role in defining the exact extent of the adjustment, ensuring a tailored approach to the implementation of this necessary price correction.

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