Pyrum Innovations AG is all set to commence construction on a tyre pyrolysis plant in Vřesová, the Czech Republic, in partnership with the SUAS GROUP and Sokolovská uhelná. The construction work will start in the second quarter of 2025 and the completion is targeted for 2027.

Pyrum and SUAS GROUP will establish a joint venture for the joint construction and operation of the plant. Pyrum will purchase a 49 percent share in the business. Existing loan framework agreements cover Pyrum's stake in the project. The Czech businesses intend to incorporate the gas generated during thermolysis into the current plant for further use and to take use of the synergy effects on site. Each year, 23,000 tonnes of end-of-life tyres will be transformed into useful materials by the proposed operation. An estimated EUR 57 million will be invested in the project.

Martin Čermák, Board Member of SUAS GROUP and Sokolovská uhelná, said, “We are among the first companies in the world to utilise this innovative technology within our industrial complex in Vřesová. The site has the necessary infrastructure not only for the facility’s construction but also for utilising the gas produced during pyrolysis, which is rich in hydrogen and methane. The technology is extremely environmentally friendly, as confirmed by the recently completed Environmental Impact Assessment (EIA). Among other benefits, the project as a whole, significantly reduces the carbon footprint – by more than 18,000 tonnes of CO₂ annually.”

David Najvar, Chairman of the Board of SUAS GROUP, said, “We greatly appreciate that Pyrum Innovations AG, the holder of this revolutionary patent with experience in similar projects across the EU, has become our partner. Together, we are fulfilling the vision of developing a circular economy and sustainability in handling specific types of waste and their disposal within our region and the Czech Republic.”

Pascal Klein, CEO, Pyrum Innovations AG, said, “The collaboration with the SUAS GROUP represents further progress for the development of the circular economy in Europe. This project demonstrates the high adaptability of our technology. Thanks to the efficient use of the gas on site, the end-of-life tyres can be almost completely recycled. Even though each site has individual potentials and designs, the core of our technology remains constant. We are looking forward on a very successful partnership and to the next phase of our collaboration, realising the joint plant at the new site.”

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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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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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