Scandinavian Enviro Systems has received a recovered pyrolysis oil order worth MSEK 2 from the subsidiary of a leading US oil company. The oil will be used for production tests at a European oil refinery owned by the oil company, Enviro said in a statement. Completion of the transaction is conditional upon Enviro’s recovered oil gaining a registration in accordance with the EU chemicals regulation, REACH. The company expects to obtain a REACH registration for the oil as an intermediate during the second quarter of 2022.
Enviro said the oil company is one of the five largest oil companies in the US and the oil will be used to conduct production tests to determine how suitable it is as feedstock for the production of different biofuels. The oil will be produced at Enviro’s recycling plant in Åsensbruk. The plant is based on Enviro’s patented recycling technology for end-of-life vehicle tyres and the oil and carbon black produced at the plant were both certified in accordance with the global sustainability certification system ISCC in September last year.
To be finalised, Enviro’s oil must also be approved in accordance with the EU REACH regulation. Other manufacturers have already obtained registrations for pyrolysis oil in accordance with the regulation. REACH is a regulation of the European Union, adopted to improve the protection of human health and the environment from the risks that can be posed by chemicals. Enviro expects to obtain a REACH registration of its oil as an intermediate during the second quarter of 2022.
Thomas Sörensson, CEO, Enviro, said, “This is the first major order from an oil company and is a milestone for Enviro’s development as it signals a clear acceptance of the commercial potential of our pyrolysis oil. Accordingly, this transaction also improves our opportunities to secure off-take agreements for the oil we recover.”
The ISCC certification of pyrolysis oil from the plant in Åsensbruk is crucial for enabling Enviro to conduct large-scale commercial trading in the oil. Several companies in the oil and chemicals industries have shown interest in using recovered pyrolysis oil in their production for sustainability reasons. The price level on which the order now received is based also confirms the revenue calculations communicated earlier by Enviro regarding the company’s future, full-scale recycling plants.
Sörensson added, “The stricter requirements concerning sustainability from the authorities, politicians, consumers and investors has increased the interest in our recovered pyrolysis oil markedly in the past few years. Having our recovered materials, such as oil and carbon black, ISCC certified is a significant achievement and makes it possible for the oil industry and the chemicals industry to become more sustainable and circular.” (TT)
- Sri Trang Group
- Sri Trang Agro-Industry
- Sri Trang Gloves
- Securities and Exchange Commission
- Employee Financial Literacy
Sri Trang Group Earns SEC Recognition For Employee Financial Literacy Push
- By TT News
- October 19, 2026
Sri Trang Group has been recognised by the Securities and Exchange Commission (SEC) for its efforts to promote financial and investment literacy among employees. Pacharin Anuwongwattanachai, Company Secretary of Sri Trang Agro-Industry Public Company Limited (STA), and Thanawan Sa-ngiamsak, Chief Financial Officer of Sri Trang Gloves (Thailand) Public Company Limited (STGT), accepted the ‘Organization Promoting Financial and Investment Literacy for Employees’ certificates on behalf of their respective companies. The ceremony, held under the SEC's Financial Well-being in Workplace project, took place at the Royal Thai Army Club on Vibhavadi Rangsit Road in Bangkok on 9 October 2026.
The SEC accolade underscores Sri Trang Group's dedication to sustainable business practices, especially the social pillar of sustainability that prioritises comprehensive care for employees' quality of life and well-being. STA advances financial, investment and savings literacy through structured and ongoing financial education programmes. All eight categories of the SEC's online financial and investment lessons have been integrated into the companies' self-learning platforms, allowing staff to build skills independently. Training sessions with SEC experts cover financial and investment planning for salaried employees as well as retirement planning for those aged 50 and above and investment planning tailored to individual needs.
Disciplined saving is further encouraged through income and expense tracking, financial health check-ups and discussion groups in which employees exchange insights on managing provident fund investments with expert guidance. These measures help staff strengthen financial security, ease financial worries and sustainably improve the quality of life for themselves and their families. The approach reflects the Group's care for its people alongside its commitment to good corporate governance, aligning with annual reporting disclosures and the corporate governance assessment criteria for Thai listed companies.
Birla Carbon Charts Continued Progress With 14th Annual Sustainability Report
- By TT News
- October 19, 2026
Birla Carbon has released its 14th annual Sustainability Report, titled ‘Sustainable – Work in Progress’, highlighting ongoing advancements under its ‘Share the Future’ strategy and its ambition to lead the industry.
The company secured an EcoVadis Platinum rating, ranking within the top one percent of over 150,000 assessed firms globally, and achieved a B score in both Climate and Water from CDP – the highest possible for a privately disclosing company. Its Continua SCM reached industrial scale at facilities in Europe and Asia, expanding access to circular material solutions with consistent quality and a quantified carbon footprint reduction.
Additionally, Birla Carbon’s supplier due diligence now spans all 18,171 active vendors, with continuous screening via the NAVEX RiskRate platform and no labour incidents reported to date. The company continues prioritising innovation, operational efficiency, carbon footprint reduction and stakeholder collaboration.
John Loudermilk, President and Chief Executive Officer, Birla Carbon, said, “The transition to a more sustainable future will require our industry to continually rethink how we operate, innovate and collaborate across the value chain. At Birla Carbon, we have remained steadfast in our sustainability aspirations and in supporting our customers as they advance their own sustainability goals. Even amid a year of heightened supply chain disruption and global uncertainty, we continued to move forward with our vision to ‘be the clear leader in the industry’, particularly in sustainability. Sustainability is central to how we grow and create long-term value. This is a journey of continuous progress, and while we are encouraged by how far we have come, we remain equally focused on the work still ahead.”
Prinx Chengshan Reinforces Core Supplier Role At SHACMAN Worldwide Partnership Conference
- By TT News
- October 19, 2026
Prinx Chengshan took part in the SHACMAN Group Worldwide Partnership Conference in Xi'an on 15–16 October, where dealers, key accounts and industry partners from across the globe gathered. The company attended as a core strategic partner of SHACMAN and acted as exclusive tyre sponsor of the vehicle stunt show, joining domestic and international customers to examine fresh opportunities in the global commercial vehicle sector and help shape a new model of collaborative industry growth.
Cooperation between the two firms has deepened since 2024, centring on original equipment fitment for flagship high-end models including the Delong X5000 and X6000, with products offered domestically and overseas. Dependable product quality and supply chain assurance have enabled Prinx Chengshan to grow into a core tyre supplier to SHACMAN, consistently furnishing tyre solutions for its flagship ranges.

A dedicated stunt driving segment formed part of the conference, with Prinx Chengshan as sole tyre exhibitor backing the performance vehicles. Cars fitted with Chengshan XSTANCE PRO S10 and CDR621 tyres carried out sustained drifts, high-speed turns and other demanding manoeuvres, remaining stable even under extreme conditions such as tyre burnouts and showing strong wear resistance.

Li Wenli, a three-time national truck racing annual finals champion known as China's top heavy truck driver, rated the tyres highly for grip, durability and handling stability. Live demonstration in place of specification presentations made technical strengths tangible, letting partners observe stability under extreme friction and high-torque loads.

The conference allowed the company to strengthen mutual trust and communication with SHACMAN and to showcase its commercial vehicle tyre capabilities; at its 50th anniversary milestone, Prinx Chengshan reiterated its commitment to keep improving its global service network, advance alongside SHACMAN on a new globalisation journey and help build an industrial ecosystem defined by mutual benefit and collaborative development.

Michelin Opens New Tyre And Service Store In Jammu
- By TT News
- October 19, 2026
Michelin has opened a 1,000 sq ft tyre and service store in Jammu in partnership with Maha Shakti Auto, expanding its retail presence in the northern Indian city.
The Michelin Tyres & Services (MTS) outlet is located in Main Bazar, Gumat, in Jammu’s commercial district. It will serve customers in the city and surrounding region, offering tyres for passenger cars, two-wheelers and commercial vehicles.
The store stocks Michelin’s Primacy, Pilot Sport, Latitude Sport and LTX Trail tyre ranges. Its facilities include wheel alignment and balancing systems, automotive accessories, and mechanical repair and maintenance services.
The outlet was inaugurated by Benjamin Coesnon, Marketing Director for India at Michelin, alongside the Maha Shakti Auto team.
Shantanu Deshpande, Managing Director of Michelin India, said “Jammu is an important market in Michelin's growth in North India. Its role as a regional trade and transit hub is creating steady demand for safe, reliable and high-performance mobility solutions. Our new Michelin Tyres & Services store brings Michelin's globally benchmarked products and services closer to customers in the region. Building on our recently launched Made-in-India Primacy 5, we will keep delivering mobility solutions tailored to the evolving needs of Indian consumers."
The company said the store was designed to address driving conditions in the region, where steep gradients, sharp curves and changing weather make tyre grip, braking stability and durability important considerations.
Maha Shakti Auto has 30 years of experience in Jammu’s automotive aftermarket, according to Michelin. The partnership combines the local business’s technical expertise and market knowledge with Michelin’s tyre technology and product range.


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