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Swedish tire pyrolysis equipment manufacturer and operator – Scandinavian Enviro Systems – reports about market expectations that can significantly influence the company’s profitability. Below, we cite the company’s recent press release describing the matter. Over the past year, Scandinavian Enviro Systems AB (publ, “Enviro”) has noticed a dramatic increase in interest in the oil — known as pyrolysis oil — that the company can extract from end-of-life tires using its proprietary technology. The oil has a high bio content due to the natural rubber in tires, and in the company’s opinion is therefore of great interest to many players in the market because it could replace fossil-based alternatives.

The researchers are expected to keep on conducting the project to make sure the results are verified so the product that has pyrolysis oil and used as fuel is ready for commercialization. One of the objectives of the initiative is to reduce consumption of fossil oil. And to attain it, Sandström said that it was necessary to find refineries that would accept tire pyrolysis oil as a raw material so this would be commercially successful.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires (ELT) based on its patented pyrolysis technology, and Polyfuels Group AB intend to jointly build and operate four pyrolysis plants as part of a joint venture. Both companies have agreed on this in a letter of intent (LOI). The plants will be based on Pyrum technology and will be realised by Circular Tires AS, a wholly owned subsidiary of Polyfuels. Polyfuels Group AB is engaged in the collection and recycling of plastics, mixed plastics – both from industry and consumers - and chemical recycling projects with industrial partners.

Are you an investor seeking for interesting investment opportunities with reliable technology and ROI rates higher than the market average? We at Weibold can help you find lucrative investment opportunities in the pyrolysis industry. Weibold is a consulting company focused exclusively at pyrolysis and tire recycling. We work hand in hand with numerous product suppliers, pyrolysis equipment manufacturers and many other stakeholders in the industry. Over the last decade, the pyrolysis industry has been steadily growing and maturing. Big multinationals like BASF, Continental, Michelin, Bridgestone and others see huge potential in the pyrolysis industry.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tires based on its patented pyrolysis technology, has begun expanding the production capacity of its pyrolysis plant at the company's headquarters in Dillingen/Saar. As of October 2021, the plant consists of one production line, which has been operating on an industrial scale since May 2020, producing pyrolysis oil, recovered carbon black (rCB) and pyrolysis gas from more than 7,000 tons of end-of-life tires during this period. The addition of two more production lines will triple processing capacity to approximately 20,000 tons of end-of-life tires per year. Excavation work for the foundations has already begun on the plant site. In addition, key components of the new plants have been ordered on a binding basis.

Carlton Forest Group’s IRR Manufacturing is forging ahead in the pyrolysis market with the launch of an updated website to showcase its unique technology. Manufactured in South Africa, but managed by an expert team in the UK, IRR Waste 2 Energy, already has a pyrolysis plant installed and fully operational at its UK headquarters in Worksop, and is achieving outputs of energy, oil and carbon char making the process entirely circular. To demystify the smoke and mirrors media profile that pyrolysis generally has, the team has adopted an up front and honest approach; showcasing the typical processes and costs associated with installing and commissioning an IRR pyrolysis plant. Four packages are presented on the new website giving clear explanations, which can be supported by onsite visits and the technical expertise of the UK team.

Environmentalists have criticized Osnabrück's plans for a city pyrolysis plant. The tire pyrolysis facility would assist the city in removing old tires while also producing energy and raw materials for resale. However, the plans for the Pieswerk project are being challenged by a ProPye group.

For too long, end-of-life tires (ELTs) have been treated as trash and discarded. ELTs make up nearly 2% of the total global waste, and an estimated one billion ELTs are discarded yearly. This waste flow is growing dramatically year after year. But businesses follow circular economy principles, they begin to view this trash as an opportunity. Through chemical pyrolysis, ELTs can be broken down into reusable commodities like recovered Carbon Black, recovered Pyrolysis Oil, and recovered Steel.

BASF SE – one of the largest producers and marketers of chemicals and related products in the world – is to invest €16 million into a German pyrolysis operator Pyrum Innovations AG – a technology company specialized in the pyrolysis of end-of-life tires, headquartered in Dillingen/Saar, Germany – as part of its ChemCycling™ project, which aims at sourcing pyrolysis oil from end-of-life tires as additional raw material source next to oil from mixed plastic waste.