Page 142 - CW E-Magazine (17-6-2025)

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PARTNERSHIP
Lummus and InnoVent Renewables sign MoU

for tyre pyrolysis technology

Lummus Technology, a global pro-
vider of process technologies and value-
driven energy solutions, and InnoVent
Renewables have announced the signing
of a Memorandum of Understanding
(MoU) to work toward licensing and
deploying InnoVent’s continuous tyre
pyrolysis technology globally.

“This is another signifi cant step in
expanding and strengthening our port-
folio for the circular economy,” said
Mr. Leon de Bruyn, President and CEO
of Lummus Technology. “By combin- recycled carbon black and steel. Lummus Renewables. “Together, we can trans-
ing InnoVent’s tyre recycling techno- would also act as licensor for compre- form waste into valuable resources,
logy with Lummus’ global licensing hensive technology packages that com- reduce carbon emissions and support the
and engineering expertise, we will bine InnoVent’s tyre pyrolysis process transition to a more sustainable future.”
be addressing the global challenge of with Lummus’ downstream techno-
waste tyres and creating new pathways logies to increase the value of fuel and InnoVent’s technology off ers a scal-
for sustainable product development.” chemical outputs. able, end-to-end solution for converting
waste tyres into renewable fuels and
Under an agreement outlined in the “Partnering with Lummus has the high-value petrochemicals, from pre-
MoU, once fi nally negotiated, Lummus potential to accelerate the global deploy- processing through purifi cation. The
would serve as the exclusive licensor ment of our technology and help us company operates a commercial faci-
for InnoVent’s proprietary continuous address the environmental and public lity in Monterrey, Mexico, capable of
tyre pyrolysis technology, which con- health challenges of 1-billion end-of- processing up to 1-mn passenger tyres
verts end-of-life tyres into valuable life tyres that are disposed of annually,” annually, with the ability to add addi-
products such as pyrolysis oil, gas, said Mr. Vibhu Sharma, CEO, InnoVent tional capacity.
Bayer launches rice pest control product

German chemicals fi rm, Bayer, has Mr. Mohan Babu, Chief Operating
announced the launch of Bicota, a new Offi cer for India’s Crop Science Divi-
product designed to help rice farmers sion at Bayer, said, “With Bicota, we
manage stem borer pests. The product not only want paddy farmers to have
will be available across 11 States, inclu- solutions that will protect their crop but
ding Punjab, Haryana, West Bengal, also save them time and labour costs
and Tamil Nadu, starting in June 2025, and help improve their yields and
Bayer said in a statement. income.”

Bicota targets stem borers, which The granular formulation is de-
can signifi cantly reduce rice yields. signed for convenient fi eld application
The company said the product pro- and is compatible with Integrated Pest
vides longer-lasting protection with Management practices, according to
a single application compared to also promoting root and tiller deve- the company. Bayer said the product
existing market solutions, while lopment. is safe for benefi cial insects.

142 Chemical Weekly June 17, 2025

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