Tyrepress’ Post

LD Carbon has closed a $28 million Series C funding round led by Toyota's growth fund, Woven Capital, with participation by Meritz Securities, Investwith, Industrial Bank of Korea, Hyundai Motor Group ZER01NE, Elohim Partners and New Main Capital. LD Carbon will use the investment to scale operations to recycle end-of-life tyres and material from end-of-life vehicles into recovered carbon black and pyrolysis oil through pyrolysis and material recovery technology. From here, the aim is to use the recovered materials to create new automotive parts and tyres. According to the company, “the investment will advance LD Carbon's mission of accelerating the circular economy while delivering material cost and carbon savings to global customers”. https://lnkd.in/eTcTZYfh

📣📣 We are pleased to welcome the proposed €3 billion fund by the European Commission to incentivize investment in EU battery manufacturing capacity. “Together with EIT InnoEnergy and the European Battery Alliance, of which we are a member, we support the Commission’s approach of prioritizing the best performance in the EU battery supply chain across sustainability, traceability, and circularity. On each of these points, Euro Manganese is well-positioned to deliver. We look forward to seeing this fund rolled out and benefitting from its implementation." ~ Matt James, President and CEO. Read the full Press Release here: https://bit.ly/483W47U #EuropeanBatteryAlliance #StrategicRawMaterials #EuropeanCommission #FutureOfEurope #CircularEconomy #highpuritymanganese

Fulfilling CO2-Targets, Increasing Profit: KraussMaffei  lifecycleValueCalculator https://lnkd.in/e6_mwU8n Investment decisions are often only about capital expenditures (CAPEX). However, by far the majority of costs occur in the operation phase of a machine. A new calculation tool from KraussMaffei makes the economic and ecological impact of a machine, a digital service product or a lifecycle service product visible over its product lifecycle. Jude Hill RICHARD MUMFORD Mathias Künstner @Lizette Ruiz Guevara #Sustainability #ProductLifecycle #PlasticProcessing #PlasticsIndustry #UKmfg

⭕️Marubeni Signs a Memorandum of Understanding with VinFast to Repurpose Used EV Batteries in a Circular Economy ⭕️Summary: Marubeni and VinFast Trading and Production Joint Stock Company (“VinFast”), the first automobile manufacturer in the Socialist Republic of Vietnam, established by Vingroup Joint Stock Company (“Vingroup”), the largest conglomerate group in Vietnam, signed a memorandum of understanding (“MOU”) on December 5, 2023 and exchanged copies of the MOU in the presence of Prime Minister of Vietnam Pham Minh Chinh and Japanese Minister of Economy, Trade and Industry Saito regarding cooperation in the secondary use of electric vehicle (“EV”) batteries in a circular economy. Under the MOU, the two companies aim to conduct a demonstration of secondary use of EV batteries manufactured by VinFast as battery energy storage systems (“BESS”) and to collaborate in the creation of businesses that will promote the utilization of used EV batteries and the establishment of a circular economy model. ⭕️Going Forward: Through this MOU, Marubeni aims to strengthen its strategic partnership with Vingroup and, together with Vingroup, contribute to the Vietnamese government’s goal of achieving virtually zero greenhouse gas emissions by 2050 and to the global efforts to build a decarbonized society. Marubeni is working towards the “creation of new green businesses” envisioned under its Mid-Term Management Strategy “GC2024” by actively supporting innovative start-ups tackling the global challenge of building a decarbonized society not only through investments but also by providing various assistance in business development and leveraging its existing business platforms and networks. ⭕️News release (HP): https://lnkd.in/edvXV48f ⭕️Our Business (HP) <Power Division>: https://lnkd.in/gfCWyUzE

Capital investment shortfall hinders #sustainable #vehicleproduction goals The primary obstacle to achieving #sustainability objectives in #automotivemanufacturing is the deficiency in #capitalinvestment, reveals the #ams & ABB Automotive Manufacturing Outlook #Survey 2023. Take a look:👉 https://lnkd.in/gEpfHaHn A worldwide #poll of #industryspecialists found that nearly half (43%) cited the lack of capital investment as the central hurdle to #sustainablemanufacturing. This concern has intensified compared to the prior year's survey in 2022, which reported that 24% saw investment levels as a concern. Read it here: https://lnkd.in/gTv_Tdcd Christopher Ludwig Nick Holt Megan Kelly Neemish Ladwa Anushka Dixit Ahmo Saric Riad Mannan Andrew Fallon

🔄 We’re closing the circle: With our fuel-cell power module now in volume production, we’re also working on putting a recycling plan in place. Our aim? To repurchase and recycle our fuel-cell stacks when their useful life expires. To this end, we’ve developed a model agreement with the mobility provider Hylane, which provides for the repurchase of our fuel-cell stacks that feature in the fuel-cell power module of some of their hydrogen trucks. 🚛🔋 And our commitment to a circular economy goes beyond the product lifecycle: We plan to also monitor the service life and function of the components in fuel cells and electrolysis stacks during operation – enabling maintenance, repair, and recycling to be planned ahead. 🍃 Learn more: https://lnkd.in/ef9XvJ29 #fuelcells #recycling #innovation

🔄 We’re closing the circle: With our fuel-cell power module now in volume production, we’re also working on putting a recycling plan in place. Our aim? To repurchase and recycle our fuel-cell stacks when their useful life expires. To this end, we’ve developed a model agreement with the mobility provider Hylane, which provides for the repurchase of our fuel-cell stacks that feature in the fuel-cell power module of some of their hydrogen trucks. 🚛🔋 And our commitment to a circular economy goes beyond the product lifecycle: We plan to also monitor the service life and function of the components in fuel cells and electrolysis stacks during operation – enabling maintenance, repair, and recycling to be planned ahead. 🍃 Learn more: https://lnkd.in/ef9XvJ29 #fuelcells #recycling #innovation

Embracing Sustainability: A Glimpse into Innovative Business Practices 🌍✨ In the face of global challenges, leading companies are forging a path toward sustainable practices that not only reduce environmental impact but also drive transformative change. Let's explore the endeavors of visionary organizations reshaping industries through eco-conscious initiatives. Canadian Pacific: Pioneering hydrogen locomotives to revolutionize rail transport and significantly reduce emissions. Rio Tinto, POSCO, Metso Outotec: Strategic collaboration in the mining and metals sector for a low-carbon emission steel value chain. PACCAR, Daimler Truck AG, Volvo Trucks: Harnessing federal funding for groundbreaking projects in electric trucks, propelling the transportation sector into a cleaner future. MARISURF Consortium: Pharma industry's commitment to sustainability by exploring alternatives to petrochemicals using marine microorganisms. En+ Group: World's largest producer of low-carbon aluminum actively contributing to green energy solutions and reducing environmental impact. Trafigura, Nyrstar: Joint investment in Australia's green hydrogen manufacturing facility, a pioneering step toward decarbonization. Dematic, ASPIRE Food Safety Solutions: Building the world's first fully automated insect protein manufacturing site, blending technology and sustainability. Honda, Kuehne+Nagel: A road-to-rail project in China that slashes 16,000 tons of CO2, showcasing the power of logistics in reducing carbon footprint. #SustainabilityLeaders #GreenInnovation #EcoFriendlyTech #ClimateActionNow #CleanEnergyRevolution #IndustryTransformers #InnovationForChange #CarbonNeutral #SustainableSolutions #GreenBusinesses #RenewableFuture #SustainableManufacturing #ZeroEmissions #ClimatePositiveCompanies #GreenEconomy #SmartTech #CircularEconomy #SustainableTransport #EnvironmentalLeadership #GreenInitiatives #NetZeroCarbon #FutureOfIndustry #EcoInnovations #SustainablePharma #CleanSteel #ElectricTrucks #HydrogenEconomy #Decarbonization #ClimateResilience #SustainableSupplyChain

At GME Recycling, we're delving into the thought-provoking guide on "Do Lead-Acid Batteries Have a Future?" Check out the full scoop at gme-recycling.com for an industry perspective that's shaping our strategies. Key Insights: 1️⃣ Technological Advancements: Dive into the guide's exploration of the technological innovations influencing the future of lead-acid batteries, paving the way for enhanced performance and efficiency. 🔧💡 2️⃣ Market Trends: Stay ahead of the curve by understanding the current market trends and projections discussed in the guide, crucial for informed decision-making in the battery industry. 📈🌐 3️⃣ Sustainability Considerations: Explore how the guide addresses sustainability considerations, offering insights into the evolving landscape of responsible battery usage and disposal. 🌱🔄 Discover more https://lnkd.in/dzp_XVfi #sustainability #recyclingtechnology #circulareconomy #innovation #BatteryRecycling #Recycling #Sustainability #GreenTechnology #Batteryplant #Leadbattery #Engineering #GMERecycling 

📈 Chart of the week by CIC energiGUNE 📈   Today, we're excited to share an insightful chart that sheds light on the key players across various stages of the European #battery value chain. 🌟   From #rawMaterials to #manufacturing, and all the way to #recycling, this chart highlights some of the leading European companies contributing to the growth and 🌿#sustainability of the battery industry.   💡Take a closer look at the chart and explore the dynamic landscape of European battery #innovation. Let's continue pushing the boundaries of what's possible! 🚀