Latest news with #ISCC+
Time of India
2 days ago
- Automotive
- Time of India
Apollo Tyres' Hungary facility receives ISCC+ certification
Apollo Tyres has announced that its manufacturing facility in Hungary has received the International Sustainability and Carbon Certification Plus (ISCC+) certification. The certification allows the company to track and verify sustainability performance across its supply chain, from raw material sourcing to finished product delivery. Focus on raw materials and responsible production Rajeev Kumar Sinha, Chief Manufacturing Officer, Apollo Tyres, said, 'This certification is an important step forward as we continue to integrate sustainability deeply into our operations. It aligns perfectly with our ambitious goal of incorporating 40% sustainable raw materials -- including renewable and recycled input materials -- into our products by 2030.' The ISCC+ certification is a voluntary global standard that assesses the use of bio-based, renewable, and circular raw materials, with an emphasis on carbon emissions reduction and sustainable sourcing practices. Apollo Tyres has also received a Gold rating in the EcoVadis Sustainability Assessment , reinforcing its focus on verified environmental and operational practices.
Cision Canada
6 days ago
- Business
- Cision Canada
Sustane Technologies Announces Offtake Agreement with Global Leader BASF to Advance Circular Plastics Economy
Canadian-sourced plastics pyrolysis oil to boost BASF's recycled feedstock supply and Ccycled ® portfolio and support the production of high-performance, recycled-content products. HALIFAX, NS, June 26, 2025 /CNW/ - Sustane Technologies and Germany-headquartered BASF have signed a long-term offtake agreement that will see BASF purchase premium plastic feedstock from Sustane's Chester, Nova Scotia facility, including output from both its existing production line and an upcoming facility expansion comprising a new line, tripling capacity. The agreement builds on a collaboration between the two companies that has enabled Sustane to deliver high-quality feedstock from end-of-life plastics to BASF operations in Europe and the United States. Given that Sustane processes the hardest to recycle plastics, this is a major step forward in advancing a true circular economy for plastics. BASF will take-up the pyrolysis oil from Sustane's plant in Chester, Nova Scotia. The pyrolysis oil will be used as recycled feedstock in BASF's production Verbund, supporting the expansion of BASF's portfolio of mass-balanced Ccycled ® products. The Ccycled ® portfolio now comprises several hundred products, which BASF's customers use for a wide range of applications – from food packaging to high-performance plastics for the automotive industry and functional textiles. "This partnership with BASF affirms the value of our Canadian-made innovation on the global stage," said Peter Vinall, CEO of Sustane Technologies. "Sustane's unique product has a greatly reduced carbon intensity compared to fossil feedstocks for plastics and is notable for not requiring additional upgrading." "Together, we're closing the loop on hard-to-recycle plastics and proving that circular solutions can scale and deliver real economic and environmental impact." Sustane has developed a breakthrough process that transforms end-of-life plastics- the kinds that typically end up in landfills or incinerators - into virgin-quality plastic feedstock that can be used in chemical production. Sustane's operations are certified under ISCC+, providing chain-of-custody assurance that the feedstock meets stringent sustainability standards. "At BASF, we are committed to driving circular economy, and partnerships like this are essential to that mission," comments Paul Houston, Manager Business Development Americas, BASF. "Sustane's advanced recycling technology enables us to integrate high-quality, circular feedstock into our value chains and reducing reliance on fossil inputs while supporting our customers' green transformation goals. This agreement represents a powerful example of innovation and collaboration driving real impact." The companies are now exploring opportunities to expand Sustane's capacity both in Canada and internationally, further supporting Canada's emergence as a global leader in clean technology and circular materials innovation. About Sustane Technologies Inc. Sustane Technologies is a Canadian clean technology company, pioneering advanced plastics upcycling and resource recovery from end-of-life streams including municipal solid waste. Using a proprietary process, Sustane transforms unsorted waste, including difficult-to-recycle plastics, into plastics feedstock that can be infinitely circularized. By diverting up to 90% of waste from landfills, Sustane advances a circular economy model that significantly reduces greenhouse gas emissions and plastic pollution. With operations based in Nova Scotia and projects advancing across North America and Europe, Sustane is unlocking new value from waste while supporting industry and governments in meeting their climate and sustainability goals.
USA Today
20-06-2025
- Business
- USA Today
Corsair Signs Strategic Partnership with Kera Energy for Global Distribution of Pyrolysis Oil
New partnership expands global access to Corsair's recycled plastic oil across Europe, Asia, and the Americas. Plastic waste recycling company Corsair Group International Holding BV (CORSAIR) is proud to announce a new strategic partnership with KERA Energy AG, a Swiss-based leader in sustainable industrial value chains. Under the agreement, CORSAIR will supply advanced pyrolysis oil to KERA Energy , which will distribute the Plastic Pyrolysis Oil (PPO) across key markets in Europe, Asia, and the Americas. This collaboration marks another important step in CORSAIR's mission to scale up sustainable advanced recycling of plastic waste . The agreement with KERA Energy signals growing international demand for CORSAIR's high-quality pyrolysis oil derived from everyday household plastic waste. 'We are very pleased to partner with KERA Energy, a company that shares our vision of a cleaner, circular economy,' said Jussi Veikko Saloranta, CEO of CORSAIR. 'KERA's extensive expertise and market access will allow us to accelerate our environmental impact and expand our reach globally.' Founded in 1999 and headquartered in Zug, Switzerland, KERA Energy AG specializes in the optimization of supply chains and the commercialization of sustainable raw materials such as plastic pyrolysis oil (PPO) and tire pyrolysis oil (TPO). With a processing capacity of up to 300,000 tons per year and compliance with ISCC+ and REACH regulations, KERA is at the forefront of enabling circular and bio-based feedstock solutions for the chemical and refining industries. 'We are proud to partner with CORSAIR as we jointly work to eliminate plastic waste from our environment,' said Shane Perl, CEO of KERA Energy. By utilizing CORSAIR's pyrolysis oil, produced from mixed plastic household waste at facilities in Thailand, Finland and its future facilities, KERA will support the production of new, sustainable plastics and chemicals, reducing dependency on fossil-based virgin feedstocks, diverting plastic waste destined for landfill or incineration and contributing to a closed-loop system for plastic materials. 'We work with pyrolysis companies from concept to technical development and on to commercially optimizing their circular and bio-based oil products.' Simon Housecraft, Head of Sustainable Materials at KERA, states: 'We are committed to building a bridge between environmental goals and industrial performance, and this partnership with CORSAIR embodies that commitment. We believe CORSAIR will remain one of the global leaders within this market sector with ambitious but, realistic expansion plans. As a partnership, we believe we can successfully deliver circularity to our market sector' With this new alliance, CORSAIR strengthens its role as the fastest growing company in advanced plastic recycling and takes another key step toward a world where waste is transformed into valuable resources for the future . For more information, please visit Contact Info mail: info@ phone: +66 957 613 702 SOURCE: Corsair group View the original press release on ACCESS Newswire
Indianapolis Star
16-06-2025
- Business
- Indianapolis Star
Corsair Signs Strategic Partnership with Kera Energy for Global Distribution of Pyrolysis Oil
New partnership expands global access to Corsair's recycled plastic oil across Europe, Asia, and the Americas. AMSTERDAM, NETHERLANDS / ACCESS Newswire Plastic waste recycling company Corsair Group International Holding BV (CORSAIR) is proud to announce a new strategic partnership with KERA Energy AG, a Swiss-based leader in sustainable industrial value chains. Under the agreement, CORSAIR will supply advanced pyrolysis oil to KERA Energy, which will distribute the Plastic Pyrolysis Oil (PPO) across key markets in Europe, Asia, and the Americas. This collaboration marks another important step in CORSAIR's mission to scale up sustainable advanced recycling of plastic waste. The agreement with KERA Energy signals growing international demand for CORSAIR's high-quality pyrolysis oil derived from everyday household plastic waste. 'We are very pleased to partner with KERA Energy, a company that shares our vision of a cleaner, circular economy,' said Jussi Veikko Saloranta, CEO of CORSAIR. 'KERA's extensive expertise and market access will allow us to accelerate our environmental impact and expand our reach globally.' Founded in 1999 and headquartered in Zug, Switzerland, KERA Energy AG specializes in the optimization of supply chains and the commercialization of sustainable raw materials such as plastic pyrolysis oil (PPO) and tire pyrolysis oil (TPO). With a processing capacity of up to 300,000 tons per year and compliance with ISCC+ and REACH regulations, KERA is at the forefront of enabling circular and bio-based feedstock solutions for the chemical and refining industries. 'We are proud to partner with CORSAIR as we jointly work to eliminate plastic waste from our environment,' said Shane Perl, CEO of KERA Energy. By utilizing CORSAIR's pyrolysis oil, produced from mixed plastic household waste at facilities in Thailand, Finland and its future facilities, KERA will support the production of new, sustainable plastics and chemicals, reducing dependency on fossil-based virgin feedstocks, diverting plastic waste destined for landfill or incineration and contributing to a closed-loop system for plastic materials. 'We work with pyrolysis companies from concept to technical development and on to commercially optimizing their circular and bio-based oil products.' Simon Housecraft, Head of Sustainable Materials at KERA, states: 'We are committed to building a bridge between environmental goals and industrial performance, and this partnership with CORSAIR embodies that commitment. We believe CORSAIR will remain one of the global leaders within this market sector with ambitious but, realistic expansion plans. As a partnership, we believe we can successfully deliver circularity to our market sector' With this new alliance, CORSAIR strengthens its role as the fastest growing company in advanced plastic recycling and takes another key step toward a world where waste is transformed into valuable resources for the future. For more information, please visit Contact Info mail: info@ phone: +66 957 613 702 SOURCE: Corsair group View the original press release on ACCESS Newswire
Miami Herald
16-06-2025
- Business
- Miami Herald
Corsair Signs Strategic Partnership with Kera Energy for Global Distribution of Pyrolysis Oil
New partnership expands global access to Corsair's recycled plastic oil across Europe, Asia, and the Americas. AMSTERDAM, NETHERLANDS / ACCESS Newswire / June 16, 2025 / Plastic waste recycling company Corsair Group International Holding BV (CORSAIR) is proud to announce a new strategic partnership with KERA Energy AG, a Swiss-based leader in sustainable industrial value chains. Under the agreement, CORSAIR will supply advanced pyrolysis oil to KERA Energy, which will distribute the Plastic Pyrolysis Oil (PPO) across key markets in Europe, Asia, and the Americas. This collaboration marks another important step in CORSAIR's mission to scale up sustainable advanced recycling of plastic waste. The agreement with KERA Energy signals growing international demand for CORSAIR's high-quality pyrolysis oil derived from everyday household plastic waste. Founded in 1999 and headquartered in Zug, Switzerland, KERA Energy AG specializes in the optimization of supply chains and the commercialization of sustainable raw materials such as plastic pyrolysis oil (PPO) and tire pyrolysis oil (TPO). With a processing capacity of up to 300,000 tons per year and compliance with ISCC+ and REACH regulations, KERA is at the forefront of enabling circular and bio-based feedstock solutions for the chemical and refining industries. By utilizing CORSAIR's pyrolysis oil, produced from mixed plastic household waste at facilities in Thailand, Finland and its future facilities, KERA will support the production of new, sustainable plastics and chemicals, reducing dependency on fossil-based virgin feedstocks, diverting plastic waste destined for landfill or incineration and contributing to a closed-loop system for plastic materials. With this new alliance, CORSAIR strengthens its role as the fastest growing company in advanced plastic recycling and takes another key step toward a world where waste is transformed into valuable resources for the future. For more information, please Contact Infomail: info@ +66 957 613 702 SOURCE: Corsair group
