Continental, Pyrum Innovations Ink Tyre Recycling Pact
- By TT News
- March 21, 2022
Continental, which has been expanding its activities in the area of circular economy, has signed a development agreement with Pyrum Innovations, a specialist in the pyrolysis of end-of-life tyres. The aim of the collaboration is to further optimise and expand the recycling of end-of-life tyres through pyrolysis.
In the future, among other things, particularly high-quality recovered carbon black (rCB) is to be obtained for tyre production of Continental, the company said in a release. Carbon black is an important component of many tyre compounds. By using high-quality carbon black, the performance of tyres can be specifically improved. Continental’s subsidiary, Reifen-Entsorgungsgesellschaft (REG), will begin supplying end-of-life tyres from the premium manufacturer to Pyrum as early as March 2022.
In the long term, the aim is to establish a circular economy concept for the recycling of end-of-life tyres. Since Pyrum's IPO in 2021, Continental has already held a strategic minority stake in the company.
Dr. Andreas Topp, Head of Materials, Process Development and Industrialisation at Continental Tires, said, "In Pyrum we have found a partner who has developed a particularly efficient pyrolysis process. Together we want to further develop the processes for the pyrolysis of end-of-life tyres. Our goal is to recover valuable materials and high-performance raw materials on an industrial scale in the future, among other things for Continental's tire production. Continental has ambitious sustainability goals.
It is important for us to conserve resources. That's why we are continuously expanding our solutions for the circular economy."
Pascal Klein, CEO of Pyrum Innovations, said, “We have been in close exchange with Continental for some time and are looking forward to further expanding our collaboration with this agreement. Our business model is already fully sustainable. Together with Continental, we now want to go the next step towards a sustainable tire industry."
Industrial carbon black is an important resource used in tyre production and in the manufacturing of other industrial rubber products. Carbon black recovered from end-of-life tyres saves fossil raw materials and will contribute significantly to reducing CO2 emissions. The specific use of carbon black in rubber compounds increases the stability, strength and durability of tyres.
In a standard passenger car tyre, the amount of carbon black to which tyres owe their black colour is 15-20 percent.
Claus Petschick, Head of Sustainability Continental Tires, said, “Sustainable materials and circular economy are an important part of Continental's sustainability strategy. End-of-life tyres are a raw material for Continental in the wrong place. We believe that circular economy is the model of the future. Modern, highly efficient pyrolysis processes are very important to us in this regard. As part of our ambitious sustainability strategy, we will increase the use of sustainable materials in our tyre products to 100 percent by 2050 at the latest, for which recycled materials will make a significant contribution. As part of a closed-loop system, tyres will in future become the starting material for new tyres." (TT)
MAXAM To Showcase Agritech Innovations At Agritechnica 2025
- By TT News
- November 05, 2025
MAXAM is set to showcase its advanced agricultural tyre solutions at Agritechnica 2025 in Hannover from 9 to 15 November. Visitors can find the company at Stand A04 in Hall 20, where the exhibition theme ‘More Pull. Less Fuel’ will guide the presentation. This philosophy underscores the company's dedication to developing tyres that enhance operational efficiency and contribute to more sustainable farming practices by reducing fuel consumption and soil compaction. The event provides a significant opportunity for MAXAM to demonstrate its commitment to innovation and the expansion of its product portfolio.
On display will be a range of DLG-awarded tyres, including robust models for high-horsepower tractors and versatile options for specialised implements, illustrating the company's technical breadth. Beyond presenting products, MAXAM considers the trade fair a vital meeting point for industry collaboration. It serves as a platform for direct engagement with farmers, partners and machine manufacturers, whose feedback provides invaluable, real-world insights that directly influence the future direction of product and service development, ensuring they remain precisely aligned with evolving market needs.
As a part of SAILUN Group, one of the 10 largest tyre manufacturers in the world, MAXAM leverages its extensive international presence and collaborative research initiatives to drive continuous innovation. The company is dedicated to advancing agricultural tyre technology, creating sophisticated solutions that directly address the evolving demands of modern farming. This focus encompasses critical areas such as enhanced sustainability, improved cost-efficiency and superior field performance.
Radar Tires Expands Us Footprint With Two New Distribution Centres
- By TT News
- November 05, 2025
Radar Tires has expanded its US distribution network with the opening of two new domestic distribution centres in Knoxville, Tennessee, and Parkesburg, Pennsylvania, as part of efforts to strengthen product accessibility and service reliability for its growing customer base.
The expansion increases the brand’s domestic distribution centres from one to three. It aims to improve delivery efficiency and inventory availability across key regions, particularly in the Southeast and Northeast of the United States.
“Stocking domestic tyre inventory is a key part of the Radar strategy going forward,” said Rob Montasser, Vice President of Sales for Radar Tires, USA. “It ensures our distributors and retailers have easy access to the products that their customers need, without the long lead times or supply chain uncertainty. These new locations allow us to be faster, more flexible, and more dependable.”
The company said the additional facilities will reduce delivery times and ensure that its core product range remains readily available to meet rising market demand.
With existing operations in Texas, the addition of centres in Tennessee and Pennsylvania underscores Radar Tires’ long-term strategy to enhance supply chain responsiveness and reinforce its position as one of the most customer-focused distribution networks in the tyre industry.
Cabot Corp Posts Lower Quarterly Profit, Sees Subdued Demand Outlook For Fiscal 2026
- By TT News
- November 05, 2025
Cabot Corporation reported lower quarterly earnings, as weaker demand in its Reinforcement Materials segment and softer volumes in Performance Chemicals weighed on results. However, the company ended fiscal 2025 with solid cash flow and continued shareholder returns.
For the fourth quarter ended 30 September, Cabot posted net income of USD 43 million, or USD 0.79 per share, compared with USD 137 million, or USD 2.43 per share, in the same period a year earlier.
Full-year diluted earnings per share were USD 6.02, while adjusted earnings per share rose 3 percent year-on-year to USD 7.25.
“I am very pleased with another strong year of Adjusted EPS growth where we achieved USD 7.25, up 3 percent year over year, in a year with a challenging macroeconomic backdrop,” said Sean Keohane, Cabot’s President and Chief Executive Officer. “This performance was driven by higher EBIT in our Performance Chemicals segment, which increased 18 percent year over year, partially offset by EBIT in our Reinforcement Materials segment, which declined 5 percent.”
Cabot’s revenue for the quarter fell to USD 899 million from USD 1.0 billion a year earlier, while full-year sales declined to USD 3.7 billion from USD 4.0 billion.
The Boston-based speciality chemicals manufacturer said fourth-quarter cash flow from operations totalled USD 219 million, enabling USD 64 million in shareholder returns through dividends and share buybacks. For the full fiscal year, Cabot generated USD 665 million in operating cash flow, funding USD 274 million in capital investments, USD 96 million in dividend payments and USD 168 million in share repurchases.
Keohane said the company’s balance sheet remained strong, with a net debt-to-EBITDA ratio of 1.2 times, providing flexibility to invest in growth while continuing to return capital to shareholders.
The company’s Reinforcement Materials segment reported a USD 4 million decline in EBIT from the prior-year quarter, reflecting lower volumes in the Americas and Asia Pacific, partly offset by cost efficiencies. Global volumes fell 5 percent, including a 7 percent drop in the Americas, where lower tyre production by customers was attributed to increased Asian tyre imports.
Performance Chemicals EBIT decreased USD 2 million year-over-year, mainly due to a 5 percent drop in volumes led by weaker demand in Europe, particularly from construction-related applications.
Cabot ended the quarter with percent 258 million in cash and spent percent 64 million on capital expenditures. The company recorded a 55 percent effective tax rate in the fourth quarter and an operating tax rate of 27 percent for fiscal 2025.
Looking ahead, Keohane cautioned that market conditions remain challenging, particularly in the Reinforcement Materials sector. “We do not yet see signs of improvement in the external environment, particularly as it relates to regional demand trends in Reinforcement Materials due to the impact of elevated Asian tire imports into western regions,” he said.
The company anticipates improvement in Performance Chemicals, led by growth in battery materials and infrastructure-related applications, while maintaining strong cash flow to support investment and shareholder returns.
“While market conditions remain challenging, we continue to execute on our foundation of commercial and operational excellence, and we remain focused on managing costs, strengthening operations, and positioning the company for long-term growth,” Keohane said.
In fiscal 2025, Cabot also announced an agreement to acquire Bridgestone Corporation’s reinforcing carbons plant in Mexico and released its 2024 Sustainability Report, noting it had achieved 11 of its 15 sustainability goals ahead of schedule and established new 2030 targets.
wdk Hails 'Berlin Declaration' As Vital For German Industry And Jobs
- By TT News
- November 05, 2025
The German Rubber Industry Association (wdk) has responded positively to the 'Berlin Declaration’, characterising it as an essential and long-awaited political signal. From the wdk's perspective, the declaration represents a crucial commitment from the ‘Friends of Industry’ to bolster the manufacturing sector, which is fundamental to preserving Germany's industrial core and the multitude of upstream and downstream jobs it sustains. The association's Managing Director, Boris Engelhardt, emphasised that this initiative correctly identifies the urgent need for Europe to recognise and champion industrial value creation.
The wdk finds it particularly significant that the impetus for this declaration originated from a coalition of 17 member states, a fact that underscores a shared political priority independent of the EU Commission's agenda. While the declaration's broad framework allows for various interpretations, the wdk has identified the reduction of bureaucratic burdens as its paramount objective. On this specific point, the association reports being in complete alignment with Federal Minister for Economic Affairs Katherina Reiche. The wdk now asserts that the true measure of the declaration's success will lie in its translation from a political statement into actionable policy, urging the addressed EU institutions to move beyond acknowledgment and proceed with swift and decisive implementation.

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