Polish Reoil first to obtain TPO REACH registration >1,000 tons
On December 4th, 2023, Reoil Sp. z o.o. of Poland was awarded REACH Registration EC: 948-949-8 for pyrolysis oil from waste rubber and tires. This makes Reoil the first manufacturer in the world with a permit to produce/import the substance or produce or import an article containing it in quantities exceeding 1,000 MT per year in Europe.
Reoil is a tire pyrolysis technology developer and operator in Poland. Reoil has been producing tire derived oils and carbon products at their Bukowna site since 2016. Their successful operation allowed them to achieve positive results over the last three years, achieving a turn-over of EUR 11 million from sales of product in 2023 with an EBITDA margin of EUR 6 million.
Reoil’s CEO Pawel Mikuskiewicz commented: “These results put Reoil in an excellent starting position for completing our new tyre pyrolysis plant for an additional annual capacity of 60,000 MT of end-of-life tires in Poland. Construction has begun October 2023 and is being implemented jointly with Zeppelin Systems on an 11-hectare site purchased by Reoil. This will clearly multiply the company's current earnings and strengthen its position as an industry leader in Europe.”
Press release by Reoil.
Weibold is an international consulting company specializing exclusively in end-of-life tire recycling and pyrolysis. Since 1999, we have helped companies grow and build profitable businesses.