From old tires to new car parts: Neste, Borealis and Covestro aim at closing the loop for automotive industry
Neste Corporation, Press Release, 11 June 2024 at 10 a.m. (EET) Photo: Strong partnership for a circular economy (from left to right): Jeroen Verhoeven (Neste), Thomas Van De Velde (Borealis), Guido Naberfeld (Covestro) aim to make new car parts from discarded tires. Source: Covestro Neste, Borealis and Covestro have signed a project agreement to enable the recycling of discarded tires into high-quality plastics for automotive applications. The collaboration aims at driving circularity in plastics value chains and the automotive industry. When no longer fit for use, tires are