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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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Related news:

  1. Enviro, Antin partnering to recycle 1 million tonnes of tyres by 2030
  2. TRS & LD Carbon sign MoU for tyre recycling plant
  3. Tyre recycling: Work to start on Enviro & Antin JV plant
  4. ReOil pyrolysis process the template for Grimsby plant
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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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Related news:

  1. Wind energy to power Nokian Tyres’ Finnish operations
  2. Nokian Tyres refinances with €100 million sustainability loan
  3. Nokian shares progress with rolling resistance reduction
  4. Nokian Tyres installs solar plant at Finnish logistics centre
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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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Related news:

  1. Goodyear unveils new climate ambition
  2. Goodyear launching 70% sustainable material tyre
  3. Goodyear: Q3 2018 results
  4. Goodyear appoints 3 Elliott-approved directors, begins operational review
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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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Related news:

  1. Hankook Tire examining distribution structures, looking at M&A growth
  2. Hankook Tire establishes ESG committee
  3. Hankook Tire in top 1% of EcoVadis CSR assessment
  4. Hankook Technodome gains trio of safety certifications
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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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Related news:

  1. Climate change: CDP A list confirmation of leadership, says Pirelli
  2. Ren Jianxin comments on Pirelli acquisition
  3. Pirelli completes transition year with Cal 2016 launch
  4. Pirelli Calendar 2016: First images released
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