XINGDA Brings Out Its Second Annual Sustainability Report For 2022

XINGDA Brings Out Its Second Annual Sustainability Report For 2022

XINGDA, one of the world’s largest manufacturers of steel tyre cords, has unveiled its second annual sustainability report for 2022, showcasing its latest strides in its sustainability endeavours. Notably, a significant portion of its shipped volume in 2022, at 32.89 percent, consisted of super-high or ultra-high tensile strength steel cord—a crucial component for electric vehicle (EV) tyres—reflecting XINGDA’s commitment to a greener product lineup, said the company.

Remarkable progress has also been made in reducing carbon emissions per ton of steel cord produced. In comparison to 2021, there was an impressive 18.31 percent reduction in carbon emissions, marking substantial headway in fulfilling their carbon reduction pledge. This commitment has garnered certification from the Science Based Targets initiative (SBTi).

Addressing the evolving demand for recycled feedstock from tyre manufacturers, XINGDA embarked on trials to create steel cord and bead wire from wire rods produced through the Electric Arc Furnace (EAF) process, incorporating up to 40 percent scrap steel. With plans to enhance the ratio of scrap steel, the company is set to commence deliveries of products made from EAF-based wire rods to clients in 2023.

Environmental and social impact assessments have been extended to all key suppliers, a pivotal move by XINGDA to foster a sustainable supply chain. The company achieved a significant feat by providing sustainable procurement training to all procurement personnel.

In community and human capital development, XINGDA’s workforce received an average of 21 hours of training per person in 2022. By 2025, the company aspires to elevate this figure to an average of 40 hours of vocational training annually for each employee.

XINGDA’s commitment to sustainability has been acknowledged through a “B” rating on the CDP Climate Change Questionnaire. Additionally, XINGDA stood out as the exclusive recipient within its industry peers in the CSA Yearbook 2023 China Edition, a compilation by S&P that recognizes exceptional Corporate Sustainability Assessment (CSA) performance among publicly traded companies in China.

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    Orion Engineered Carbons Opens New Production Line in Italy

    LANXESS Successfully Lists EUR 500 Million Bond On Luxembourg Stock Exchange

    Orion Engineered Carbons, a specialty chemical company, started commercial sales in Italy from the first new reactor for carbon black production to be commissioned in the European Union in over 40 years. 

    The new 25-kiloton line at the facility in Ravenna, in the northern region of Emilia-Romagna, produces both specialty and technical rubber carbon blacks, primarily for the European market, the company said in a release. 

    Corning Painter, CEO, Orion, said, “The new line offers customers seeking long-term solutions a unique strategic opportunity to align with a dependable plant that has been operating for more than 60 years in Europe.” 

    Additional investments at the plant include a new co-generation facility to convert waste heat into electricity, generating up to 120 MWh of electricity per year. Seventy percent of the electricity is supplied to the national grid, serving about 30,000 households. Orion is a net exporter of electricity in Europe and worldwide. (TT)  

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      Shin-Etsu Chemical To Invest New $ 702 million In Silicones Portfolio

      Shin-Etsu Chemical To Invest New $ 702 million In Silicones Portfolio

      Shin-Etsu Chemical, a leading chemical company, plans to invest $702 million in its silicone portfolio, a key component of its functional materials business segment.

      This latest investment follows a plan announced in February 2022, worth $562 million, to meet the surging demand for advanced functional silicone products. However, due to the continuous growth in need, especially for eco-friendly options that align with the global goal of carbon neutrality, the company has decided to expand the applications of its silicone products. The company will also focus on enhancing the advanced functionality of its product lineup and further developing environmentally friendly silicones.

      In alignment with its newly announced silicones investment plan, Shin-Etsu Chemical will make investments not only in its central production hub in Japan, the Gunma Complex in Gunma Prefecture, but also in its Naoetsu Plant in Niigata Prefecture, Takefu Plant in Fukui Prefecture, and the Group company plant in Thailand, where silicone monomer and polymer production is conducted. The company will also invest further in existing silicone plants across other Asian countries, the United States, and Hungary. Simultaneously, Shin-Etsu Chemical will accelerate efforts to achieve carbon neutrality by embracing greener manufacturing processes.

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        Pyrolysis Gets Permits to Build Recovered Carbon Black Plant

        Mazda CX-30 And Five Other Models Get Top Safety Pick+ Ratings

        Klean Industries Inc has announced that its partner Pyrolysis Hellas SA has completed Phase II of the Detailed Feasibility Study to design and build a tyre pyrolysis plant in Greece. Greek Authorities gave permits to its final Phase, the company said in a release. The company, while terming it as a significant milestone for the PHS project, claimed that it was the first tyre pyrolysis and carbon upgrading project in Greece to receive full authorizations.

        Klean Industries Inc has announced that its partner Pyrolysis Hellas SA has completed Phase II of the Detailed Feasibility Study to design and build a tyre pyrolysis plant in Greece. Greek Authorities gave permits to its final Phase, the company said in a release. The company, while terming it as a significant milestone for the PHS project, claimed that it was the first tyre pyrolysis and carbon upgrading project in Greece to receive full authorizations.

        Klean Industries Inc has announced that its partner Pyrolysis Hellas SA has completed Phase II of the Detailed Feasibility Study to design and build a tyre pyrolysis plant in Greece. Greek Authorities gave permits to its final Phase, the company said in a release. The company, while terming it as a significant milestone for the PHS project, claimed that it was the first tyre pyrolysis and carbon upgrading project in Greece to receive full authorizations.Klean Industries Inc has announced that its partner Pyrolysis Hellas SA has completed Phase II of the Detailed Feasibility Study to design and build a tyre pyrolysis plant in Greece. Greek Authorities gave permits to its final Phase, the company said in a release. The company, while terming it as a significant milestone for the PHS project, claimed that it was the first tyre pyrolysis and carbon upgrading project in Greece to receive full authorizations.

        Each year, over 1.5 billion tyres are sold worldwide, representing more than 26 million metric tonnes, and just as many tyres each year also fall into the category of end-of-life tyres providing a large and partially untapped potential for resource and material recovery. Today, most traditional ELT treatment processes are not circular and do not result in any production of raw materials that are suitable to be reused in the tyre manufacturing industry. Without such ELT solutions in the EU, more than half of the EU end-of-life tyres and secondhand tyres are landfilled or are exported as tyre derived fuels for use into furnaces as an industrial fuel. The PHS project intends to reverse these trends and create a vibrant addition to advancements being made in the tyre recycling sector, the release said.

        The PHS project is co-owned by Karabas European Hellenic Recycling. Currently, KEHR collects and recycles all types of scrap vehicle tyres and recycles them through traditional methods by shredding tyres into rubber granules, rubber powder & shock-absorbent surfacing slabs.

        PHS has partnered with Klean Industries to build a modern tyre recycling facility that encompasses a state-of-the-art scrap tyre pyrolysis plant to recycle 20,000 TPA of waste tyres into valuable chemical products.

        PHS proposes to construct and operate the Waste Tyre Pyrolysis Plant in Moulkia, a seaside town near Skala, Greece. It is located at an existing industrial site that is owned by KEHR, the release added. (TT)

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          Michelin's ResiCare Adhesive Used In Allin's R'PLY Plywood Manufacturing

          Michelin's ResiCare Adhesive Used In Allin's R'PLY Plywood Manufacturing

          ResiCare, an adhesive manufacturing subsidiary of Michelin, has found commercial use in Allin's plywood manufacturing unit, R'PLY. Allin and Michelin have been in collaboration since 2018.

          The company claims that R'Ply is the first responsible plywood made using certified Poplar wood and integrating a ResiCare resin that is kinder to human health as well as the environment. The R’Ply is a high-performance plywood which can be used for multiple applications, according to the company. The plywood can be used for boat-building or in the building trade and will be available at certain DIY stores soon.

          Michelin had set up a mobile ResiCare production unit at its Olsztyn site in May 2021. The company hopes to replace more than 80 percent of the usual adhesive used in its tyre textile reinforcement with the new ResiCare adhesive, which is free from any substances of very high concern for health (SVHC), by 2025. The company further plans to set up mobile production units similar to the one in Europe and Asia in the coming months. (TT)

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