Recently, Oulelong Engineering Carbon Company, the world's leading producer of furnace carbon black and specialty carbon black, announced that it plans to invest 12.8 million euros to further develop and explore a method to produce carbon black using alternative carbon sources and climate neutral processes.

It is reported that half of the funding for the new project, or 6.4 million euros, will be provided by the German government's Federal Ministry for Economic Affairs and Climate Action and the European Union's Next Generation Foundation (NextGeneration EU), demonstrating the government and the EU's commitment to green technology. Support and confidence.

The project is named the "Clean Carbon Black R & D Project" and will be located in a new research department at Oerilon Engineering Carbon's Innovation Center headquarters in Cologne, Germany.

This technology aims to increase Oillion's yield and yield when producing carbon black using recycled raw materials, which is expected to significantly reduce the carbon footprint of the process on the environment. The company emphasized that this innovative research project could accelerate the transformation of the carbon black production industry to a circular economy while meeting the tire industry's growing demand for sustainable materials.

Corning Painter, CEO of Oerilon Engineered Carbon, said: "The goal of the clean carbon black R & D project is to develop innovative methods to reduce the carbon footprint, increase yields and yields, thereby reducing the cost of production materials. Technological breakthroughs in this area could have a profound impact on energy integration and the molecular recycling of waste tires."

This move marks Ou Lilong's firm commitment in the field of sustainable development and will also inject new vitality into the carbon black industry and promote a greener and environmentally friendly development direction of the industry.