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Liqui Moly renews Formula 1 sponsorship for 2023 season

Liqui Moly

German motor oil manufacturer Liqui Moly has signed a one-year contract with the Formula 1 racing series. This means that the company will be sponsoring the series for the fifth consecutive year. The new contract, means Liqui Moly will be an “Official Partner” of Formula 1 for the 2023 season, with trackside signage, both physical and virtual, bearing the brand name on display worldwide at 18 of 23 races this year. “Formula 1 is the pinnacle of motorsport in terms of international character and publicity”, says Günter Hiermaier, managing director of Liqui Moly.

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LD Carbon closing $250 million contract with South Korean oil firm

LD Carbon is on the brink of closing a 10-year tyre pyrolysis oil contract with a South Korean oil firm. Tyres & Accessories understands that the 10-year deal will be worth around $25 million a year, making the whole contract worth around $250 million.

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  1. Orion completes Korea Carbon Black plant
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Enviro gets follow-up order from US oil company

Enviro

Scandinavian Enviro Systems (Enviro) has received an order for tyre-derived pyrolysis oil, with an estimated value of 4.7 million Swedish krone ($450,000). Enviro hasn’t named the firm behind the order, but has said that it is “the subsidiary of a leading US oil company that submitted an initial order for oil in February of 2022 for production tests”.

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  1. US oil company reports successful Enviro oil tests
  2. RISE and Environ embark on tyre-derived oil research project
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Rowe launches sustainably-manufactured lubricants at Autosport

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Rowe

Rowe introduced its sustainably manufactured range of lubricants to the UK market at the Autosport International Show from 12-15 January. Exclusively distributed in the UK by Deutschesol Ltd, Rowe’s range of oils, lubricants and coolants is manufactured in Germany and the company has “several original equipment manufacturer (OEM) relationships”.

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Liqui Moly 2022 turnover up 10% to 800m euro

Liqui Moly managing director duo Günter Hiermaier and Dr Uli WellerLiqui Moly

Motor oil and additive manufacturer Liqui Moly has reached its annual target and remains on a stable growth course. The company was able to compensate for the loss of the Russian market and the generally difficult situation on the global market through its strategy and quick action. Managing director Günter Hiermaier is very satisfied: “Achieving such a sales result in these times is proof that both our team spirit is right and our products are in great demand worldwide.”

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US oil company reports successful Enviro oil tests

Scandinavian Enviro Systems (publ) received an order for its tyre-derived pyrolysis oil from the subsidiary of a leading US oil company for production tests in February 2022. The oil was delivered in June following its approval in accordance with the EU REACH directive, a condition for a final deal.

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  1. Enviro: Improved tyre pyrolysis market will help revenues
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Enviro reports ‘Sharp increase in interest’ in rCB due to war in Ukraine

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Enviro

Tyre recycling and product recovery specialists Scandinavian Enviro Systems (Enviro) is has noted “a sharp increase of interest in purchasing the carbon black and oil that Enviro recovers from end-of-life tyres” since the Russian invasion of Ukraine on 24 February 2022. Interest has been observed “among old and new customers”, but the company has not commented on what this means in terms of specific orders.

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Nynas stops doing business with Russia and Belarus

Nynas

Nynas has halted the purchase of feedstock of Russian origin. Sales to customers in Russia and Belarus have also been stopped. According to the petrochemical company which supplies tyre industry, the Russian invasion of Ukraine and “its tragic consequences throughout the region” prompted Nynas to reconsider its supplies from Russia and also sales to the country.

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US oil giant trialling Enviro pyrolysis oil

Scandinavian Enviro Systems shares that it has received a recovered pyrolysis oil order worth SEK 2 million (approximately £158,000) from the subsidiary of a leading US oil company. The purchaser hasn’t been named but Enviro describes it as “one of the five largest oil companies in the US.” The oil company intends to carry out production tests with the oil at one of its refineries in Europe, with this testing determining the oil’s suitability as feedstock for producing various biofuels.

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Nynas appoints Group Strategy and Sustainable Development VP

Nynas

Nynas has appointed Johan Andersson as vice president Group Strategy & Sustainable Development in Nynas. Johan Andersson leaves the position as CEO of the National Oil Industry Association in Sweden, Drivkraft Sverige, to take on the role. As the CEO he has since 2019 launched a roadmap for climate-neutral competitiveness for the industry, restructured the industry association and repositioned it as an organisation for innovative and sustainable mobility.

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Largescale UK tyre pyrolysis plant feasible – Enviro

Ellie Burgin; Pexels

In November 2020 Scandinavian Enviro’s UK partner 2G BioPOWER began a study into the feasibility of running a largescale tyre pyrolysis plant in the UK. The project has now been completed and found that there are “favourable conditions” for such a pyrolysis plant that “derive primarily from the large domestic demand for recovered oil for the production of renewable vehicle fuel.”

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Orion Engineered Carbons launches plant-derived carbon black aimed at tyre treads

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Pixnio

Orion Engineered Carbons S.A. launched its Ecorax Nature family of plant-based carbon black products. According to the company, Ecorax Nature 100, which was launched on 17 June 2021, is “the first highly reinforcing carbon black grade made from renewable feedstocks which can be used in critical tyre tread construction”. The product is currently being tested by customers and will go into high volume manufacturing in the second half of 2022. Orion further reports that Ecorax Nature is the first “renewable carbon black” to be produced for the tyre industry.

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