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Continental invests in new recycling technology to recover raw materials from waste rubber

With the acquisition of an exclusive patent family and the commissioning of a newly developed pilot facility for the production of purified pyrolysis oil, Continental is harnessing the industrial potential of pyrolysis technology for the first time and laying the foundation for recycling complex rubber compounds on an industrial scale. The technological solution employed by the group sector ContiTech is designed to recover high-quality raw materials from waste rubber and systematically replace fossil resources.

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Covestro celebrates its 10th anniversary

To celebrate the occasion, the company, whose purpose is to make the world a brighter place, launched an employee driven volunteerism campaign, dubbed 10 for 10. The 10 for 10 program encouraged employees across the Americas region to give back in their local communities through volunteering with non-profit organizations. The goal – providing 10,000 hours of volunteerism between January 1st, 2025, and the company’s tenth anniversary on September 1st. For every volunteer hour logged, Covestro will donate 10 meals through Feeding America and the Global FoodBanking Network.

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Nexen Tire introduces cutting-edge high dynamic driving simulator to accelerate tire development

NEXEN TIRE announced that it has established a state-of-the-art High Dynamic Driving Simulator at its central research institute, THE NEXEN UniverCity, in Magok, Seoul, and held an opening ceremony to mark its official launch. This is the first time a High Dynamic Driving Simulator has been introduced in the Korean tire industry and represents a key turning point in advancing tire research and development with VR and AI technologies.

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Inter and Pirelli celebrate 30 years of partnership

To celebrate this important achievement, the exclusive PIRELLI Cap – Inter Special Edition was created. There have only been 1995 units created. The cap includes symbolic images of both brands, celebrating our historic connection: the PIRELLI logo is on the front, with the Inter crest on the left and the famous Biscione running across the hat, right the way down to the front, combining design, identity and history in a unique collectors’ item. The number 30 is also on the cap, pointing out the important milestone.

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Sumitomo Rubber Industries acquires U.S-based AI solutions company Viaduct

Sumitomo Rubber Industries, Ltd. has signed an acquisition agreement on August 27 with Viaduct, Inc. a U.S-based AI solutions startup, for a total of USD 104 million (approximately JPY 15.3 billion).

The two companies have collaborated on joint proof-of-concept projects, combining Sumitomo’s proprietary tire sensing technology, “SENSING CORE”, with Viaduct’s advanced AI capabilities to develop innovative services.

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Reliance Industries and Meta announce joint AI initiative

Reliance Industries Limited (“RIL”) announced a joint venture (the “JV”) that will build and scale enterprise artificial‑intelligence (“AI”) solutions for enterprises in India and select international markets. Under the JV agreement, RIL and Meta have jointly committed to an initial investment of ~INR 855 crore (~US$ 100 million) to capitalize the JV in ratio of 70% and 30% respectively.

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Scientists pioneer low-temperature method to transform plastic waste into clean fuel

In a groundbreaking study published in Science, an international team of researchers has unveiled a novel low-temperature process that converts polyvinyl chloride (PVC) and polyolefin waste into chlorine-free liquid hydrocarbons and hydrogen chloride (HCl), offering a cleaner and more efficient alternative to traditional plastic disposal and recycling methods.

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