Lehigh Technologies has won the Young Global Leaders Award for Circular Economy SME (small to medium-sized enterprise) for The Circulars 2019, the 5th iteration of the award, in Davos at the World Economic Forum on 21 January 2019.
Production has commenced at Lehigh Technologies’ micronised rubber powder (MRP) plant in Spain. The Murillo el Fruto MRP facility in Navarra was built in partnership with recycling and sustainability specialist Hera Holding and is the first plant for Lehigh Technologies outside the USA.
According to Michelin, owner of Lehigh Technologies since October 2017, the Micronised Rubber Powders (MRP) production facility being set up by Lehigh Spain will begin operations in summer 2018. The plant, located in Murrillo del Fruto, Spain, is the product of a joint venture project between Lehigh Technologies and Hera Holding.
Michelin has announced its acquisition of Lehigh Technologies, a US-based company that has developed a patented cryogenic turbo mill technology for transforming rubber from end-of-life tyres and industrial goods into materials for new tyres and other products. The acquisition was completed on 13 October.
When we spoke to Lehigh Technologies’ Kedar Murthy in 2016, he commented that smart tyre makers were well aware that they wouldn’t enjoy bargain basement raw material prices forever. What none of us realised at the time was that we didn’t have long to wait before prices went through the roof. Although the cost of natural and synthetic rubber has now come back from the peaks we saw in the first few months of the year, they’re still sitting comfortably above 2016 levels. This is good news for micronised rubber powder (MRP) specialist Lehigh Technologies.
When US-based specialty chemicals company Lehigh Technologies began its working relationship with Spanish waste to resources company HERA Holding several years ago, its vision was to eventually set up a facility for supplying European and other tyre makers with locally-produced micronised rubber powder (MRP). The final step towards realising this goal has now been taken through the formation of a joint venture between the two companies to operate the first MRP facility in Europe.
As Europe’s retreaders are currently learning to their cost, commitment to sustainable products often takes a back seat to lower prices; despite offering proven environmental plusses, retreaded truck tyres continue to lose market share to cheap and often non-retreadable imported new tyres. To truly thrive, an environmentally-friendly product must also deliver a price benefit. With its micronised rubber powder (MRP) products, Lehigh Technologies offers this double advantage. Tyres & Accessories recently met with Lehigh Technologies’ vice-president and general manager Kedar Murthy and Josep Freixas, the company’s MRP business development manager for the Europe, Middle East and Africa regions, to find out how the market is taking to the concept of new tyres containing materials made from end of life tyres.
Lehigh Technologies, a leading specialty chemicals company that produces micronized rubber powders (MRP), today announced the promotion of two industry veterans to its leadership team. Ryan Alleman has been named vice president for coatings, construction and asphalt, and Jason Stravinski has been named vice president of operations. The executives are tasked with ensuring operational success and opening new markets as Lehigh continues its rapid market growth.
In the eight years since US-based green materials manufacturer Lehigh Technologies first brought its micronised rubber powder (MRP) to market, the substance has been used in the production of at least 300 million new tyres around the world. Today Lehigh sells its MRP in numerous markets, including several in Europe, and in order to better serve its customers in our region (as well as those in the Middle East and Africa) the company has now opened a wholly-owned subsidiary in Spain.
On 13 April Lehigh Technologies, a materials company producing micronized rubber powders (MRP), announced it won the 2015 Bloomberg New Energy Pioneer award. Lehigh Technologies was recognized for its innovation in commercializing a range of Micronized Rubber Powders (MRP) from end-of life tyres that are used as raw materials in a wide range of industrial markets, ranging from rubber to asphalt. MRP can reduce feedstock costs by 30 per cent or more, while delivering equivalent or improved performance and an improved sustainability profile compared to oil-based chemical inputs.
The winners of this year’s Tire Technology International Awards for Innovation and Excellence were announced yesterday at a ceremony in Cologne, Germany, and Michelin has come out on top in two of the five awards categories.
US-based end of life tyre recycler Lehigh Technologies says its recent US$8 million round of financing, held to support the company’s geographic expansion and technology roadmap, saw Japanese specialty chemicals firm JSR Corporation join the ranks of Lehigh investors. And Koichi Kawasaki, executive managing officer at JSR Corporation, describes partnering in Lehigh Technologies’ expansion strategies as a “great fit for JSR”, as Lehigh’s micronised rubber powder (MRP) technology offers its customer base “a new material that brings a strong value proposition and sustainability benefits.”
Connell Brothers (CBC), the largest distributor of specialty chemicals and ingredients in Asia-Pacific, has announced a partnership with specialty materials company Lehigh Technologies to market Lehigh’s PolyDyne micronised rubber powders (MRP) to the tyre and rubber industries in Southeast Asia.
Sustainable materials company Lehigh Technologies has elected Lamar Chambers, former senior vice president and chief financial officer at Ashland Inc, a leading specialty chemical company with more than $8 billion in revenue, to its board of directors. Chambers led Ashland’s financial organization during a period defined by multiple high-profile acquisitions and significant change in the […]