Black Bear will produce 12,000 metric tons p.a. of recovered Carbon Black — a sustainable alternative that results in a reduction of over 65,000 tons of CO2 emissions compared to the use of conventional Carbon Black.
Black Bear Carbon and HELM Sign MOU
Black Bear and HELM seek to start production and marketing of recovered Carbon Black from the flagship plant in Chemelot Industrial Park from the 2nd half of 2023.
Black Bear Carbon B.V. and HELM AG have announced a long-term supply chain and marketing cooperation. Black Bear will produce recovered Carbon Black from used tyres via its proprietary technology. Both companies will jointly introduce this innovative product to industrial clients. Black Bear will contribute its extensive knowledge in product and application development while HELM will provide its supply chain know-how and commercial expertise through its broad market presence. This exclusive, long-term agreement covers Black Bear’s first flagship plant on the Chemelot Industrial Park in Geleen, The Netherlands, which is aimed for a start-up in the 2nd half of 2023. Both partners seek to extend their cooperation via further projects which Black Bear is planning.
“Society is confronted with a global challenge to drastically reduce CO2 emissions and implement carbon neutrality measures. Black Bear recognises the importance of a circular economy where valuable raw materials are recovered into circular products. We are ready to start the global rollout of our state-of-the-art technology for upcycling End-of-Life tyre rubber and we are very pleased to join forces with HELM because of their expertise and international network. Together we will be able to serve our customers better.” said Victor Vreeken, CEO of Black Bear.
“Transforming the chemical industry towards a circular and sustainable future is a major task which can only be achieved through partnership, a long-term agenda and commitment from all stakeholders in our business. HELM is proud to partner with Black Bear to serve the markets with recovered Carbon Black from Black Bear’s flagship production unit“, says Axel Viering, Member of the Executive Board of HELM.
Black Bear announced in May 2021 that it had successfully raised €7.5M in a first step towards funding its total capital needs of €78M for its new recovered Carbon Black flagship plant at Chemelot Industrial Park. The signature of the Memorandum of Understanding between Black Bear and HELM marks another milestone for the project.
HELM is a Hamburg, Germany, based family-owned company established in 1900. HELM is one of the world’s largest chemicals marketing companies and committed to providing solutions to its partners worldwide that support a successful transformation to a sustainable economy and society. The company secures access to the world’s key markets through its specific regional knowledge and its multinational presence. As a multifunctional marketing organisation HELM is active in the chemicals industry, in the crop protection industry, in pharmaceuticals and in the fertiliser industry.