Struktol - A World of Capabilities

News and week in review

Scroll down for more news

Click here to subscribe to the daily news

Capricorn and Particon add €5 million to Black Bear’s growth financing round

  11/8/2018 - Nederweert, The Netherlands - Cleantech company Black Bear has secured an additional €5 million from Capricorn Venture Partners and Particon, who join an earlier €11 million growth financing round. Using this growth capital, Black Bear aims to scale up its “Tire to Carbon Black” technology, a unique carbonization process used to transform tires into recovered carbon black for use in the production of tires, technical rubber, coatings, plastics and inks. Black Bear operates an industrial-scale prototype plant in partnership with Kargro, one of Europe’s foremost recyclers of tires. The plant, located in Nederweert, the Netherlands, is capable of processing more than 1 million tires annually. The recovered carbon black is Cradle-to-Cradle certified and is already used by major clients, including AkzoNobel. Black Bear will use the capital to further develop this industrial-scale prototype plant and expand internationally. The company’s long-term goal is to upcycle all waste tires into valuable products, which would achieve CO2 emission reductions equivalent to the planting of more than 1 billion trees. Capricorn Venture Partners is an independent European manager of venture capital and equity funds, investing in innovative European technology companies. It is based in Leuven, Belgium. Particon is an independent venture capital firm with more than 10 years of VC experience in the region of Limburg, the Netherlands. In the previous stage of the financing round, ING sustainable investments, the two investment firms 5square and Social Impact Ventures, as well as the conglomerate SCG from Thailand, invested €11 million. This further funding brings the total financing round to €16 million. Rob van der Meij of Capricorn Venture Partners says, “Sustainability for our sustainable chemistry fund does not only mean bio-based resources. Black Bear is a great example of a true circular economy company; recycling carbon black, which has an enormous CO2 footprint, and solving a large waste tire problem at the same time. The low cost and high-quality potential of Black Bear enables a large roll-out that will have a positive impact on the environment and create sustainable, local economies around waste tires all over the world.” Gert van Heuvelen, Particon says: “We have been following Black Bear over the last three years. The company has developed into a promising circular economy scale-up in the Limburg region, showing that sustainable impact can be combined with great economics. We believe that the talented team supported by the strong investor base is well positioned for international growth.”

Monday, March 25, 2019

Rubber Division, ACS now offering all training courses remotely - click to expand

GM to invest $300 million, add 400 jobs at Michigan plant for new Chevrolet electric vehicle - click to expand

Birla Carbon to increase base prices for all carbon black markets in North America - click to expand

Davis-Standard¹s global converting platform featured at ICE USA - click to expand

Global market for stabilizers forecast to reach $5.5 billion by 2025 - click to expand

Friday, March 22, 2019

TA Instruments introduces new Rheo-Raman accessory for the Discovery hybrid rheometer - click to expand

ARPM announces Innovation Symposium on April 18 - click to expand

YourMechanic adds Goodyear.com for tire sales and installation services - click to expand

Adhesive tapes market projected to reach $69 billion by 2022 - click to expand

Book of the day - Fatigue, Stress and Strain of Rubber Components, by Judson Bauman - click to expand

Thursday, March 21, 2019

Plastics & Rubber Technology Conference calls for abstracts - click to expand

Ace Products & Consulting hires business manager - click to expand

Yokohama Tire's mobile tire specs app for dealers wins iF Design award - click to expand

Global thermoplastic elastomers market size is forecast at $27.8 billion by 2026 - click to expand

TA Instruments analyzer tests for mechanical behavior of materials - click to expand

Wednesday, March 20, 2019

Southeast Asia tire market projected to grow at a CAGR of over 7.5 percent through 2024 - click to expand

U.S. market for low rolling resistance tires forecast with a CAGR of 10.8 percent through 2028 - click to expand

Michelin launches Agilis CrossClimate tire for small business owners and commercial fleets - click to expand

Firestone Liberia to shed 800 jobs by April 2019 - click to expand

Safic-Alcan acquires Langley-Smith & Company - click to expand

Tuesday, March 19, 2019

Cooper launches new long haul steer tire as part of its PRO Series commercial line - click to expand

Kraton to build Cariflex semi works latex unit in Brazil - click to expand

Mitsui Chemicals pursues applications for temperature-sensitive elastomer - click to expand

Nitrile butadiene rubber latex market forecast at $2.4 billion by 2025 - click to expand

Hankook Tire adds Nissan Altima to growing original equipment portfolio - click to expand

Monday, March 18, 2019

Cabot announces feedstock surcharge for all carbon black products sold in North America - click to expand

Continental announces largest organizational change in company history - click to expand

Global silane and silicone market was estimated at $14.4 billion in 2017 and is expected to hit $22.03 billion in 2025 - click to expand

Trinseo hosts one-day process safety workshop for undergraduate chemical engineering students in China - click to expand

Global mold release market forecast with a CAGR of 5.7 percent through 2023 - click to expand

Market Reports

Global automotive tire market forecast to grow with a CAGR of 6.3% through 2027 - click to expand

Global nitrile gloves market is expected to reach $3.30 billion by 2026 - click to expand

The synthetic latex polymers market is projected to grow at a CAGR of 5.41% through 2024 - click to expand

Global market for stabilizers forecast to reach $5.5 billion by 2025 - click to expand

Adhesive tapes market projected to reach $69 Billion by 2022 - click to expand

Global thermoplastic elastomers market size is forecast at $27.8 billion by 2026 - click to expand

The U.S. market for low rolling resistance tires forecast with a CAGR of 10.8% through 2028 - click to expand

South East Asia tire market is projected to grow at a CAGR of over 7.5% through 2024 - click to expand

Global silane and silicone market was estimated at $14.4 billion in 2017 and is expected to hit $22.03 billion in 2025 - click to expand

Nitrile butadiene rubber latex market forecast at $2.4 billion by 2025 - click to expand

Global mold release market forecast with a CAGR of 5.7% through 2023 - click to expand

Global anti-tack agents market to reach $437.9 million by 2023 - click to expand

Subscribe to daily news

Sign up for Daily News Email Update

RubberWorld will now notify you with an email when we update our daily news. Simply enter you email address in the boxes below and click the send button*, and you'll know the news as soon as we do!

email

email (confirm)

Type RUBBER in this field (prove you're human) in CAPS


* be sure to click the send button

By submitting your email address to RubberWorld you agree to allow Rubber World to send you daily email notifications relating to news in the rubber industry. See our privacy terms for more details