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Sumitomo and LanzaTech explore gasification, pyrolysis and fermentation in rubber recycling

The joint venture between Sumitomo Rubber Industries, Ltd., Sumitomo Riko Company Limited, Sumitomo Electric Industries, Ltd. and LanzaTech is exploring cutting-edge technologies such as chemical recycling (gasification or pyrolysis) and fermentation. These processes convert waste materials such as rubber, resin, polyurethane and metal into valuable resources that can be reintegrated into the production cycle.

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Medical grade silicone rubber market to reach $1.13 billion by 2032

Some of the prominent players profiled in the global medical grade silicone rubber market include Dow Corning Corporation, Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd., Momentive Performance Materials Inc., Bluestar Silicones International, Stockwell Elastomerics Inc., Elkem Silicones, Saint-Gobain Performance Plastics Corporation, Quantum Silicones LLC, and KCC Corporation.

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InnoVent Renewables launches U.S.-based pyrolysis technology and operations company

InnoVent Renewables announces its formation with a corporate mission to drive renewable energy forward by mitigating the global environmental challenge of waste tires. InnoVent Renewables launched as a U.S.-based technology and operations company with a proprietary continuous pyrolysis technology that converts waste tires, plastics, and biomass into valuable fuels and chemicals.

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10th European Biopolymer Summit will be held in Belgium in March 2024

Global bioplastics production to triple by 2026 (2.4 million tons to 7.5 million tons), driven by eco-friendly demand. Biodegradable, renewable-source polymers combat harm caused by non-biodegradable plastics. Stringent regulations in Europe and North America boost bio-based plastics. Innovation and new perspectives emerge in the bioplastics industry. Industries actively adopt sustainable alternatives, reshaping material sourcing and product development. Automotive sector’s quest for lightweight, eco-conscious materials fuels bioplastics market growth. A pivotal shift towards innovation and sustainability underscores the industry’s trajectory. Anticipated bioplastics surge signifies a transformative vision for a greener future.

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