As part of the joint initiative, Bridgestone and Michelin will lead the development of a position paper that will outline the tire industry’s role in achieving a circular economy.
BKT Carbon makes and sells carbon black, one of the main ingredients used to make tires.
Bridgestone has started to use what it calls the industry’s first at-scale use of recovered carbon black to address material recovery from end-of-life tires.
Pyrolyx AG has signed a five-year mezzanine financing agreement for €5.0 million (around $6.2 million) with the American Arena Growth Holdings to expand into the U.S. market.
BKT announces plans to build a new plant for the production of carbon black in Bhuj, India, anticipated to produce 60,000 tons of carbon black annually for the global OTR tire manufacturer.