Improved market conditions for pyrolysis oil could strongly increase revenues from Enviro’s plants
Over the past year, Scandinavian Enviro Systems AB (publ, “Enviro” or “the Company”) has noticed a dramatic increase in interest in the oil—known as pyrolysis oil—that the company can extract from end-of-life tyres using its proprietary technology. The oil has a high bio content due to the natural rubber in tyres, and in the company’s opinion is therefore of great interest to many players in the market because it could replace fossil-based alternatives. “Based on the market response and our own calculations, we judge that the oil recovered from end-of-life tyres could contribute to a