Largest order yet from International tyre manufacturer, valued 0.1 MSEK

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.

Enviro has received a follow-up order on EnviroCB from an international tyre manufacturer. The order is Enviro’s single largest so far, the order value is over 100 000 SEK. Revenues are expected in Q2 2018.

– Compared to the previous order, the volume is now significantly greater. The customer is a global manufacturer of tyres and rubber applications, says Thomas Sörensson, CEO Enviro.

The international tyre manufacturer made the first order at the beginning of the year after thorough material tests. The delivered EnviroCB will be used for solid tyres manufactured in Sri Lanka.

– Receiving a follow-up order of a much larger volume demonstrates both the quality of material and the market’s growing need for reclaimed carbon black. This is one of several major solid tyre manufacturers where we see growing interest, in addition to the several tyre manufacturers we have received positive feedback from, says Thomas Sörensson, CEO of Enviro.

For more information, please contact:
Thomas Sörensson, CEO of Enviro, Tel.: +46 (0)735-10 53 43, thomas.sorensson@envirosystems.se  
Alf Blomqvist, Chairman of the Board, Enviro, tel: +46 (0) 733 149 700, alf@blomqvistunlimited.com

Scandinavian Enviro Systems AB
Regnbågsgatan 8C
417 55 Gothenburg
info@envirosystems.se
www.envirosystems.se

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 april 26th 2018 at 16:45 CET.

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/

About Us

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 Advisor. www.envirosystems.se

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