Enviro receives order for recovered carbon black from a major European tyre manufacturer
Scandinavian Enviro Systems has received an order for 60 tonnes of recovered carbon black from a major European tyre manufacturer in the premium segment. The tyre manufacturer will use the carbon black for production tests as a step in its efforts to increase the proportion of recovered and renewable materials in their tyres.
The tyre manufacturer has partnered with Enviro for several years and has conducted a number of minor production tests using Enviro’s recovered carbon black. The order that was just placed was the company’s first for use in more comprehensive production tests. The order encompasses a total of 60 tonnes of recovered carbon black that was produced at Enviro’s plant in Åsensbruk.
The tyre manufacturer in question has previously announced ambitious goals as regards a transition to environmentally more sustainable tyre manufacturing, including the goal that half of all raw material included in new tyres by 2030 will be recovered or renewable. A number of the world’s largest tyre manufacturers including Enviro’s primary owner, Michelin, have announced highly ambitious goals for increased use of recovered or renewable materials.
In September, Enviro became the first company in the world to become certified under the International Sustainability & Carbon Certification system (ISCC) for carbon black. At the same time, Enviro also obtained ISCC certification for the pyrolysis oil that the company recovers from end-of-life tyres. To meet the expected increase in demand for recovered carbon black and recovered pyrolysis oil, Enviro has announced a plan to establish recycling plants for end-of-life tyres with a total capacity of 900,000 tonnes by 2030.
“Owing to our unique recycling technology, we can help the tyre industry meet the demands from both vehicle manufacturers and customers as regards reducing carbon emissions and achieving more circular management of valuable raw materials. Our ISCC-certified carbon black and oil will facilitate this transition in several industries, and we are now implementing our expansion plan to meet the drastic increase in demand that we expect,” says Thomas Sörensson, CEO of Enviro.
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.
For further information, please contact:
Thomas Sörensson, CEO of Enviro, +46 (0)735-10 53 43, thomas.sorensson@envirosystems.se
Urban Folcker, Enviro CFO, +46 (0)760-00 13 11, urban.folcker@envirosystems.se
Alf Blomqvist, Chairman of the Board of Enviro, +46 (0)733 149 700, alf@blomqvistunlimited.com
Mangold Fondkommission AB, +46 (0)8 503 01 550, ca@mangold.se, is Enviro’s Certified Adviser on Nasdaq First North Growth Market Stockholm.
Scandinavian Enviro Systems AB
Herkulesgatan 1K
SE-417 03 Gothenburg
info@envirosystems.se
www.envirosystems.se
Enviro is a company developing, building and operating industrial plants for material recovery from End of Life Tyres (ELT). The company has developed a process, based on a patented technology, where gas generated in the process is heating the tyres in absence of oxygen. This enables the materials in the tyres to decompose and be recovered instead of incinerated. Thus, a sustainable recovery of the resources Carbon black, Oil, Steel and Gas is obtained. The products are used in new products, replacing fossil resources to help the customers reach their sustainability targets. Enviro was founded in 2001, has its head office in Gothenburg and runs its own plant for ELT tyres in Åsensbruk, Sweden. The company is listed on the Nasdaq First North Growth Market with Mangold Fondkommission AB, tel. +46 (0)8 5030 1550, ca@mangold.se, as its Certified Adviser. www.envirosystems.se