HD Hyundai OCI Supplies Recycled Tire Materials to Hankook Tire

"Proactive Response to the Growing Tire Market"

HD Hyundai OCI announced on the 29th that it has officially entered the tire circular economy market by supplying recycled carbon black to Hankook Tire & Technology for the first time.

HD Hyundai OCI, a petrochemical affiliate of HD Hyundai Oilbank, produces carbon black, a key raw material for tires. The carbon black supplied to Hankook Tire this time is a resource-circulating product made by recycling waste tires. HD Hyundai Oilbank produces slurry oil using raw materials obtained from pyrolyzing waste tires, and HD Hyundai OCI manufactures recycled carbon black from this oil.

Employees participating in the eco-friendly carbon black supply event held at the HD Hyundai OCI headquarters in Daesan, Chungnam.
[Photo by HD Hyundai Oilbank]

To this end, HD Hyundai OCI also obtained ISCC PLUS certification for this carbon black in April. The ISCC PLUS certification is an international certification that verifies environmental friendliness, requiring strict evaluation from raw materials through processes to the final product.

A company official stated, "As global demand for sustainable tires is expected to gradually increase, especially in Europe, we will strive to proactively respond to market growth and expand supply."

HD Hyundai Oilbank, along with its petrochemical affiliates HD Hyundai OCI and HD Hyundai Chemical, joined the "Waste Tire Circular Economy Consortium" with Hankook Tire in November last year. Going forward, they plan to expand cooperation with Hankook Tire to build a circular economy within the tire ecosystem, including recycled synthetic rubber.

This content was produced with the assistance of AI translation services.