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Circtec to supply bp with tyre-based marine fuel

Within the framework of an eight-year offtake agreement, UK-based tyre pyrolysis specialist Circtec will annually supply energy company bp with up to 75,000 tonnes of fuel and feedstock recovered from end-of-life tyres. Circtec will process these tyres at a plant it will set up in The Netherlands. In support of this offtake agreement, bp is providing Circtec a €12.5 million debt finance facility to contribute to the capex for expanding this plant into a commercial-scale operation.

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7 years early – Nokian Tyres achieves 2030 CO2 goal

When it comes to climate targets, 2030 seems to be the golden year. But Nokian Tyres has jumped the gun in the best possible way, reaching one of its key emissions reduction targets seven years ahead of schedule.

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SBTi validation for Goodyear targets

The Science Based Targets initiative (SBTi) has validated Goodyear’s near-term and net-zero greenhouse gas (GHG) reduction targets. SBTi evaluated the tyre maker’s Scope 1 and Scope 2 near-term target ambition and determined this to be “in line with a trajectory of limiting warming to 1.5°C above pre-industrial levels.” The SBTi team also evaluated the Scope 1, 2 and 3 long-term target ambition and considers this aligned with its 1.5°C mitigation pathways for reaching net-zero greenhouse gas emissions by 2050.

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SBTi approval for Hankook Tire’s GHG target

The Science Based Targets initiative (SBTi) has approved Hankook Tire & Technology’s near-term 2030 greenhouse gas (GHG) reduction goals and target of achieving net-zero by 2050. The tyre maker says this approval will help it “gain momentum in the realisation of its 2050 Carbon Neutrality Roadmap.”

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SBTi validates new Pirelli greenhouse gas reduction targets

The Science Based Targets initiative (SBTi) has validated Pirelli’s upgraded targets for reducing greenhouse gases. Four years ahead of schedule, the company reached the previous targets validated for Scopes 1 and 2 by the end of 2021.

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