HANOVER, Germany—Continental A.G. has signed an agreement with German waste tire pyrolysis start-up Pyrum Innovations A.G. to further expand its circular economy efforts in the tire industry.
As part of the deal, Continental's tire waste disposal subsidiary, Reifen-Entsorgungsgesellschaft (REG), will begin supplying end-of-life tires made by the manufacturer to Pyrum for recycling, Conti said in a March 14 statement.
The deliveries, it said, will start as early as March and will aim to further optimize and expand the recycling of ELTs with the long-term goal of developing closed-loop recycling concepts for tires.