HANWA, has made a partial investment in PYRO ENERGIE CO., LTD. a tyre pyrolysis recycling company based in Thailand
HANWA Group currently supplies tyre chips produced by shredding waste tyres as a low-impact energy source to industrial users in Japan, pyrolysis has become the dominant recycling method in many overseas markets. This process is decarbonisation of waste tyres in an oxygen-free environment to produce valuable byproducts such as pyrolysis oil and a carbon residue which can be reused not only as fuel but also as raw materials for new tyre production.
Through this investment in PYRO, HANWA Group aims to enhance the value of pyrolysis derived products and build a global supply chain in partnership with tyre manufacturers. The products will be supplied to the chemical industry, synthetic rubber sector and tyre manufacturers, contributing significantly to the advancement of a sustainable circular economy.
HANWA and HANWA THAILAND have both obtained “ISCC PLUS” and “ISCC EU” certifications, which are part of the International Sustainability and Carbon Certification (ISCC) system.
HANWA group will promote business activities that meet the social needs of customers with these certifications, by expanding the handling of biomass products and recycled products aiming to realize a decarbonized society.
