Scandinavian Enviro Systems (Enviro) has received approval as an intermediate for its pyrolysis oil according to EU chemicals regulation REACH, and will thus now execute the previously announced order for pyrolysis oil to the subsidiary of a leading US oil firm. The company also reports it has gained an environmental permit for the planned recycling plant in Uddevalla, Sweden.
Michelin has produced a new version of its motorcycle racing tyre with an even higher share of environmentally sustainable material ahead of the MotoE World Cup motorcycle racing series. This is the fourth season of the MotoE World Cup electric motorcycles racing series.
Tyre recycling and product recovery specialists Scandinavian Enviro Systems (Enviro) is has noted “a sharp increase of interest in purchasing the carbon black and oil that Enviro recovers from end-of-life tyres” since the Russian invasion of Ukraine on 24 February 2022. Interest has been observed “among old and new customers”, but the company has not commented on what this means in terms of specific orders.
Scandinavian Enviro Systems shares that it has received a recovered pyrolysis oil order worth SEK 2 million (approximately £158,000) from the subsidiary of a leading US oil company. The purchaser hasn’t been named but Enviro describes it as “one of the five largest oil companies in the US.” The oil company intends to carry out production tests with the oil at one of its refineries in Europe, with this testing determining the oil’s suitability as feedstock for producing various biofuels.
With the appointment of Fredrik Alpner as Site Manager for its plant in Åsensbruk and future facility in Uddevalla, Swedish firm Scandinavian Enviro Systems says it has made a “strategic recruitment”. Alpner will take office in mid-April and initially work as site manager of Enviro’s Åsensbruk plant. Enviro intends for him to later assume responsibility for the future plant in Uddevalla in the role of site manager.
The CEO of Scandinavian Enviro Systems (Enviro), Thomas Sörensson, participated in a panel on the role of sustainability and particularly recovered carbon black (rCB) alongside executives from world-leading manufacturers Michelin and Bridgestone on 22 November 2021. The presentation was given at Smithers Recovered Carbon Black Conference, an international conference in Amsterdam.
Earlier this year, Michelin Group and Scandinavian Enviro Systems announced they were building a facility for extracting raw materials such as carbon black, oil, steel and gas from end-of-life tyres, with Michelin holding 90 per cent equity in the Antofagasta, Chile-based joint venture. Michelin has selected Italian tyre recycling solution provider Salvadori Srl to supply and install the plant’s downsizing system, and also to train local staff in its operation. The plant will use Salvadori’s technology to reduce tyres into pieces of predetermined dimensions before further processing them.
A business that claims a nearly endless market to conquer with projected EBITDA margins approaching 70 per cent is either deluded or on to a good thing. And as the deluded don’t receive substantial investment from firms such as Michelin, the latter must apply in the case of Scandinavian Enviro Systems (Enviro). The company aims to be the leading player in the circular economy for tyres and wants to secure a 15 to 30 per cent share of the global market for recovered carbon black. The UK is tipped to be an early beneficiary of these ambitious growth plans.
The Board of Scandinavian Enviro Systems (Enviro) decided today on the final location for establishing its previously announced recycling plant in Uddevalla, Sweden, and also approved the company’s environmental permit application. The company intends to formally submit the application this Friday and anticipates that the application process may take up to one year.
Michelin once again owns 20 per cent of the shares in Scandinavian Enviro Systems (Enviro) following the dilution of its holding in May as a result of the completed new issue. The increase in its holding resulted from Michelin, via its subsidiary, acquiring two million of the shares that were issued in May to Unwrap Finance AB. Enviro has no information about the purchase consideration or the acquisition price.
In November 2020 Scandinavian Enviro’s UK partner 2G BioPOWER began a study into the feasibility of running a largescale tyre pyrolysis plant in the UK. The project has now been completed and found that there are “favourable conditions” for such a pyrolysis plant that “derive primarily from the large domestic demand for recovered oil for the production of renewable vehicle fuel.”
When Michelin launched its e.Primacy range in mid-November 2020, the French tyre manufacturer did so in the context of a goal to make all Michelin tyre 100 per cent sustainable by 2050. So how does Michelin plan to achieve this? One answer is the company’s expanding partnership with Scandinavian Enviro Systems (Enviro), details of which were recently released (see separate article). But there are other parts of this plan.
Further details of Scandinavian Enviro Systems’ cooperation with Michelin have been revealed alongside a formal notice ahead Swedish firm’s EGM on the subject of its strategic partnership with Michelin. They include an overview of: licensing rules, percentage ownership of the two companies Chile recycling joint venture and how much Enviro is investing in that project.
Michelin is investing US$30 million in building its first tyre recycling plant in the world in Chile. The project is the result of Michelin’s ongoing collaboration with Enviro, a Swedish company that has developed a patented technology to recover carbon black, oil, steel and gas from end-of-life tyres.
Located in Chile’s Antofagasta region, the plant will be able to recycle 30,000 tons of earthmover tyres a year, or nearly 60 per cent of such tyres scrapped every year nationwide. Work will begin this year, with production scheduled to get underway in 2023.