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.”

Thursday, January 17, 2019

Rogers Corporation introduces FDA compliant UHMW-PE films for specialty hoses - click to expand

Ohio Rubber Group holds winter technical meeting January 29 - click to expand

Global industrial rubber market forecast to reach $167 billion by 2026 - click to expand

Rubber Division, ACS, requests nominations for the 2020 Science & Technology Awards - click to expand

Global synthetic rubber market forecast with a CAGR of 5.5 percent through 2025 - click to expand

Wednesday, January 16, 2019

Retread tires market to grow at a CAGR of 4.6 percent through 2028 - click to expand

Preferred Compounding acquires Valley Rubber Mixing and Glo-Mold - click to expand

Freudenberg BlueSeal helps trucks and SUVs - click to expand

Goodyear declares quarterly dividend of 16 cents per share - click to expand

RISE project shows the profitability of extracting oil from tires - click to expand

Tuesday, January 15, 2019

Europe and CIS tire market forecast at $51 billion by 2023 - click to expand

Indonesia is ready to coordinate with Thailand and Malaysia to address declining rubber prices - click to expand

Anne Forristall Luke elected vice chair of the National Association of Manufacturers (NAM) Council of Manufacturing Associations (CMA) board of directors - click to expand

Falken Tire's ZIEX ZE001 A/S selected as factory standard tire for Subaru's Crosstrek hybrid - click to expand

Global rubber glove market forecast to reach $7.3 billion by 2023 - click to expand

Monday, January 14, 2019

Goodyear to present at Deutsche Bank Auto Industry Conference - click to expand

Global injection molding machine market size forecast at $22.45 billion by 2025 - click to expand

Cooper Tire to present at Deutsche Bank 2019 Global Auto Industry Conference - click to expand

Zeon establishes Czech subsidiary to sell raw materials for auto parts - click to expand

China to establish a rubber based free trade zone in Sri Lanka - click to expand

Friday, January 11, 2019

Shin-Etsu plans $23 million expansion of its Akron, OH, silicone facility - click to expand

Goodyear to webcast its presentation at the 2019 Wolfe Research Global Auto Industry Conference - click to expand

Abstracts solicited for 2019 International Elastomer Conference - click to expand

Book of the Day - Resistance and Stability of Polymers - click to expand

ARPM creates digital training modules for rubber manufacturers - click to expand

Thursday, January 10, 2019

Rex Gauge introduces the DD-5 digital durometer - click to expand

Falken Tires selected as original equipment supplier for the 2019 Jeep Wrangler Rubicon - click to expand

TA Instruments introduces high sensitivity pressure cell for the ARES-G2 rheometer - click to expand

Silicone film market forecast to reach $1 billion by 2023 - click to expand

Market Reports

Agricultural and food grade rubber conveyor belt market to grow at a CAGR of 4.9% through 2028 - click to expand

Global silica for S-SBR market forecast with a CAGR of 7.2% through 2028 - click to expand

Silicone to lead the wearable materials market forecast at $2.9 billion by 2023 - click to expand

Global industrial rubber market forecast to reach $167 billion by 2026 - click to expand

Global synthetic rubber market forecast with a CAGR of 5.5% through 2025 - click to expand

Aircraft elastomers market to grow at CAGR Of 5.1% through 2023 - click to expand

Retread tires market to grow at a CAGR of 4.6% through 2028 - click to expand

Europe & CIS tire market is forecast at $51 billion by 2023 - click to expand

Global rubber glove market forecast to reach $7.3 billion by 2023 - click to expand

Global injection molding machine market size forecast at $22.45 billion by 2025 - click to expand

Silicone film market forecast to reach $1 billion by 2023 - click to expand

Global water-based adhesive market forecast to reach $21.3 billion by 2024 - click to expand

Global market for liquid silicone rubber forecast at $7.9 billion by 2026 - 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