reTyre, a sustainable tyre manufacturer, will unveil the world’s first carbon-neutral tyre at Eurobike 2024. This innovative concept tyre is made entirely from reclaimed materials, showcasing reTyre’s commitment to reducing emissions and revolutionising sustainable tyre production.

Sustainable materials for a greener future

The carbon-neutral tyre incorporates several unique materials, each chosen for its minimal environmental impact. Algae, sourced through controlled harvesting of blooms, helps restore aquatic ecosystems by preventing eutrophication and methane release. Recycled para-aramid, obtained from used body armour, is broken down and repurposed for the tyre’s beads and puncture protection, promoting a closed-loop recycling system and incorporating renewable carbon. Locally sourced post-consumer recyclate (PCR) with a low carbon footprint further minimises environmental impact. Finally, recycled fish nets collected from oceans are used for the tyre casing, leading to a 49 percent reduction in emissions and a 15 percent decrease in energy use compared to virgin materials.

Friedemann Ohse, who is leading the Carbon-Neutral Tyre Project at reTyre, elaborates on the meticulous process behind achieving carbon neutrality: “The product carbon footprint of this tyre is based on our third-party verified LCA, including the end-of-life, which is how we measure all our products. Our production and transportation processes are optimised to have close to zero emissions. End-of-life is reduced to almost zero due to the recycling of the tyres. The algae used in the tyre has a negative CO2 equivalent, balancing any remaining emissions to achieve a net-zero impact. This way, we have a carbon-neutral product without using well-known shortcuts, such as carbon quotas, subsidies, or other non-product-related contributions.”

Global collaboration for sustainability

reTyre partners with suppliers worldwide to ensure the responsible sourcing of materials. The UN Ecosystem Restoration Programme supports algae harvesting from lakes and oceans across the globe.

Sustainable tyres without compromise

reTyre offers a comprehensive portfolio of 100 percent sustainable products, providing brands with high-quality, eco-friendly tyres. Bio-based and fully renewable materials, never before used in pneumatic tyres, significantly reduce emissions. Additionally, a third-party-verified life cycle assessment (LCA) confirms an 82 percent reduction in greenhouse gas emissions compared to conventional tyres.

Ohse continues: “This carbon-neutral tyre is at a concept stage, and it is a result of continuous innovation that shows what our unique manufacturing is capable of.”

Beyond innovation: a full range of sustainable options

Alongside the groundbreaking carbon-neutral tyre, reTyre will showcase its entire range of sustainable products, including the new City Range bicycle tyre models explicitly designed for urban riders. These tyres boast bio-based and sustainable materials utilising reusable plant-based elastomers, new tread patterns for enhanced performance and grip, and matching performance to standard tyres, ensuring a smooth, eco-friendly cycling experience. The City Range also features a low carbon footprint throughout production and the product lifecycle and is fully reusable, setting a new benchmark in tyre sustainability. For complete data transparency, reTyre provides comprehensive compliance and sustainability tracking information.

reTyre’s entire product range prioritises sustainability and reusability, a unique proposition in the tyre industry. This commitment ensures that every component can be fully recycled and repurposed, fostering a closed-loop system that benefits the environment.

Nouryon, a leading supplier of organic peroxides and a developer of organic peroxide solutions, has formally announced the completion of capacity expansion of its organic peroxides manufacturing facility in Ningbo, China.

The company's production capacity for Perkadox 14 and Trigonox 101 organic peroxide products, which are crucial components for altering polymer characteristics and crosslinking rubbers and thermoplastics, has increased to 6,000 tonnes each as a result of this capacity expansion. Furthermore, by improving the qualities of recycled polypropylene (R-PP), these solutions can also allow consumers to employ recycled polymers in applications that were previously exclusive to virgin plastics.

Alain Rynwalt, Senior Vice President – Performance Materials, Nouryon, said, “Nouryon is a world leader in essential ingredients for the polymer industry and this expansion highlights our dedication to supporting our customers’ growth across the entire polymer cycle. Customer interest in improving the properties of recycled polypropylene continues to rise, in line with increased consumer awareness and more stringent regulations.”

Sobers Sethi, Senior Vice President – Emerging Markets and China, Nouryon, said, “Asia Pacific is a key region for Nouryon and our most recent expansion in China strengthens our supply position even more in this growing region. Our customers rely on our existing network of manufacturing facilities and innovative technologies, and we are pleased to build more capacity to meet growing customer demand around the world.”

Trinseo, a speciality materials solutions provider, has signed agreements to supply its polycarbonate technology license as well as all proprietary polycarbonate production equipment in Stade, Germany to Deepak Chem Tech Ltd, a wholly owned subsidiary of Deepak Nitrite Limited, a diversified chemical intermediates company based in Vadodara, Gujarat, India.

The combined deals are worth USD 52.5 million. Subject to significant milestones, the business anticipates receiving around USD 9 million by the end of 2024 and an additional USD 21 million in the first part of 2025. The firm has made the decision to leave Stade, Germany, with this disposal of the production assets.

Frank Bozich, President and Chief Executive Officer, Trinseo, said, “While Trinseo recently announced its decision to exit virgin polycarbonate production, our polycarbonate technology is highly valued and the manufacturing equipment in Stade, Germany, can be utilised in India by Deepak. These are the initial steps of a strategic, collaborative partnership with Deepak, as we explore additional opportunities to leverage our technology portfolio and expand in higher-growth areas such as India.”

China's butadiene exports have experienced significant growth in recent years, particularly in 2021 and 2024. According to Sublime China Information (SCI), this surge is primarily driven by supply constraints in key regions, including the US and Southeast Asia.

Export Volume and Price Trends

In 2021, China's butadiene exports reached a historic high due to a supply gap in the US market. According to SCI, this trend continued in 2024 as reduced deep-sea cargo shipments and production challenges in Southeast Asia further tightened global supplies. From January to September 2024, China's total butadiene exports surged by 111 percent year-over-year to approximately 120.8 kilo tonnes.

The average export price of butadiene has fluctuated over the past five years. In 2023, weak demand in South Korea and competition from deep-sea cargoes led to a significant decline in export prices. However, in 2024, supply shortages from key regions drove prices to a five-year high. As of September 2024, the average export price reached USD 1,391 per metric ton, a 35 percent month-over-month increase, added SCI.

Export Destinations and Regional Dynamics

The majority of China's butadiene exports are directed to South Korea and Taiwan. In 2024, South Korea accounted for 74 percent of total exports, a significant increase from the previous year. This surge was driven by factors such as limited domestic supply and increased demand for spot butadiene.

While China's butadiene exports have been strong, the long-term potential for significant growth in deep-sea exports remains limited due to established supply chains and regional demand dynamics. Most of China's exports are currently concentrated in Northeast Asia, with limited opportunities for expansion into other regions.

Future Outlook

SCI added that 2025 China's butadiene supply is expected to be relatively sufficient, and export volumes may increase further. However, the sustained growth of exports will depend on various factors, including downstream demand in key markets, the availability of deep-sea cargoes, and the development of new production capacities in other regions.

Despite these uncertainties, China's butadiene industry is well-positioned to capitalize on global supply-demand imbalances and continue to play a significant role in the global market.

Cabot Corporation, a global speciality chemicals and performance materials company, has announced through an official statement that it will raise prices globally for carbon black products sold by its speciality carbons business. The price rise will be global and will come into effect for all shipments on or after 1 December 2024, or as contracts allow.

The company claims that the price rise is necessary owing to the impact of inflation on labour, maintenance and other production activities, as well as supply chain-related expenditures. The price increase will vary depending on the product and region.

The statement further elaborates that these price adjustments will help the company remain a dependable, long-term provider of high-quality products and services to its consumers. Cabot also underlined its commitment to guaranteeing supply security and the best service standards for its clients, as well as providing technological and process improvements and moving forward with its environmental goals.