Xingda has become the first Chinese steel cord and bead wire maker to release a sustainability report.

The sustainability report 2021 details the goals, plans, actions and latest progress of its key sustainability initiatives, such as green products, circular economy and low-carbon operation, with key information.

With "Sustainable and High-quality Development" as the core and responsible operation as the foundation, Xingda will deliver high-quality, innovative and green products and solutions, promote green transformation of the industry, and contribute to the social development and community prosperity. 

Four major areas of sustainable development:

 Green products and solutions 

 Sustainable supply chain 

 Shared social values 

 Robust operation model 

Seven substantive topics and progress of sustainable development：

1. Green products

 By 2025, increase the proportion of green products in total sales to 30% 

Progress in 2021: ST/UT tyre cord products accounted for 28% of total sales. The ST/UT tyre cords can reduce tyre weight, lower rolling resistance, and prolong tyre service life.

2. Tackling climate change

 By 2025, reduce carbon emission per unit of product by 18% in comparison to 2020

 By 2025, reduce energy consumption per unit of product by 14% in comparison to 2020

 By 2025, achieve a 30% green energy ratio

Progress in 2021:

a) Carbon emission per unit of product of Jiangsu base was 1.42 tons of CO2e, down 3.73% year- on-year 

b) Energy consumption per unit of product was 1.43 MWH/ton , down 1.38% year on year Meanwhile, energy consumption per unit of product of the Jiangsu base in 2021 dropped by 2.69% from 2020 

c) Approved the CAPEX of 7.6MW rooftop solar power station, with an expected annual electricity generation up to 8 million kWh 

3. Circular economy

 By 2030, raise the proportion of recycled steel to 40% 

Progress in 2021: The purchased steel wire rod contained 18.50% recycled steel 

4. Responsible procurement

 By 2025, include 100% of Xingda’s suppliers in sustainability assessment

Progress in 2021: 11.48% of suppliers finished environmental and social evaluation, while the evaluation ratio of major raw material and auxiliary product suppliers was 90.9% 

5. Community and human capital development

 By 2025, provide on average 40 hours of vocational training for each employee per year 

Progress in 2021: Employees received 34 hours of training on average 

6. Compliance and business ethics

 By 2025, provide business ethics trainings for 100% of our employees and suppliers 

Progress in 2021: 857 employees (11% in total) received anti-corruption training

7. Sustainability governance

 Continuously improve information transparency and capital market performance

Progress in 2021:

a) Xingda established Sustainable and High-Quality Development Strategy Committee and the Xingda International Green Vanguard Team 

b) Released Xingda's first sustainability report 

c) Achieved score B for CDP Climate Change Questionnaire rating and won Bronze Medal for Ecovadis rating 

Along with the report, Xingda also shared the current status of its pioneering ‘from tyre, back to tyre’ project, in which steel cord and bead wire shall be recycled from used tyres to make wire rod and then new steel cord and bead wire, so as to achieve a true circular economy. At present, Xingda is working closely with tyre recyclers, steel makers and tyre makers to assess the technical feasibility of such cycle, and look to conclude the assessment in the coming months before moving to the mass trial phase. Once completed, it will mark one of the greatest breakthroughs the industry has seen in recent years and offer a remarkable boost to the quest for circular economy by tyre makers around the globe.  

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)  

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.

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)

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)