Chile to decide on manufacturer liability requirements – will increase the need for material recovery technologies
Over the next month, Chile will be deciding on how to roll out its environmental ministry’s implementation of its 2016 Manufacturer Liability Act. The statute's entry into force may lead to increased interest in establishing Enviro’s technology in Chile.
“For us who’re offering recovered materials, this is a very specific opportunity to provide solutions to the very actors who – going forward – will need to prove that they’re complying with regulatory requirements and who report on how they are recycling tyres sustainably,” says Thomas Sörensson, CEO of Enviro.
Enviro has been active in Chile for several years. It even participated in drafting the Manufacturer Liability Act. The manufacturer liability system that is currently being decided covers most types of vehicle tyres, including mining tyres.
“In our assessment, for the mining industry, this will result in a number of requirements for markets with extensive mining operations. Historically, manufacturer liability laws have had a very positive effect on tyre recycling rates and sharpened the industry’s focus on recovered materials. We're accompanying this all the way up to the gate, so that when it opens our technology will be first in line as an obvious choice.”
More information on the Chile Ministry of Environment’s regulatory proposal.
For more information, please contact:
Thomas Sörensson, CEO Enviro, +46 735 10 53 43, thomas.sorensson@envirosystems.se
Urban Folcker, CFO Enviro, +46 760 00 13 11, urban.folcker@envirosystems.se
Alf Blomqvist, Chairman of the Board Enviro, +46 733 149 700, alf@blomqvistunlimited.com
Scandinavian Enviro Systems AB
Regnbågsgatan 8C
417 55 Gothenburg
info@envirosystems.se
www.envirosystems.se
Enviro is an environmental technology 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/
