According to a report by "Notch Consulting Inc.", German engineered carbon company Orion announced plans to invest 12.8 million euros to further develop and explore an alternative method of producing carbon black through a climate-neutral process to replace traditional furnace carbon black and specialty carbon. Black production methods. Half of the funding for the new project (€6.4 million) will be provided by the German Federal Ministry for Economic Affairs and Climate Action and the European Union's NextGeneration EU R&D Foundation. The R&D project, named the Clean Carbon Black R&D Project, will be conducted in a new research department at Orion's Innovation Center headquarters in Cologne, Germany.
The technology is designed to increase Orion’s throughput and yield of carbon black production using recycled feedstocks, thereby significantly reducing the carbon footprint of the process. The company said this research topic is expected to drive carbon black production towards a circular economy and meet the tire industry's growing demand for sustainable materials. Orion CEO Corning Painter said in the press release: "The goal of the clean carbon black R&D project is to develop methods to reduce the carbon footprint, increase production and yield, and thereby reduce material costs. Technology breakthroughs in this area It could have a significant impact on energy integration and the molecular-level recycling of scrap tires."