International tyre manufacturer places new order on Enviros recycled carbon black
N.B. The English text is an in-house translation of the original Swedish text. Should there be any disparities between the Swedish and the English text, the Swedish text shall prevail.
A leading tyre manufacturer has placed a first order on Enviro's recycled carbon black, EnviroCB, for immediate delivery.
“Initially the order volume is small, but is expected to increase significantly over time. The customer is a global manufacturer of tyres and rubber applications and this order relates to industrial tyres”, says Thomas Sörensson, CEO of Enviro.
The order comes after completing thorough material tests.
"For us, the increasing demand of recycled material as a substitute for virgin carbon black, is the most important market signal. Now that our order build-up is growing, more will see the benefits of Enviro's patented technology and the plants we sell."
The delivered EnviroCB will be used for industrial tyres manufactured in Sri Lanka.
"Aiming for high manufacturing growth, Sri Lanka is investing in the rubber industry, which makes the country a very interesting market for us," says Thomas Sörensson, CEO of Enviro."
This information is information that Scandinavian Enviro Systems AB (publ) is required to publish under the EU regulation on market abuse. The information is provided under the auspices of the contact person listed above for publication on January 2nd 2018 at 09:00 CET.
Enviro is an environmental company that offers profitable recovery of tyres and processed materials primarily to the rubber industry. The company sells turn-key environmental facilities to industrial investors and also operate their own plant for end-of-service tyres in Åsensbruk, Sweden. Enviro, headquartered in Gothenburg, was founded in 2001, has 20 employees, and is listed on the Nasdaq First North securities exchange with Mangold Fondkommission AB, tel. +46 (0)8 5030 1550, as its Certified Advisor. https://www.envirosystems.se/en/