Swedish tire pyrolysis equipment manufacturer to launch recovered carbon black production with treadcraft carbon llc in the U.S.
Scandinavian Enviro Systems AB (Enviro) – a renowned tire pyrolysis equipment manufacturer and operator – reports about signing a term sheet with TreadCraft Carbon LLC, Buffalo, NY, USA, on the key parts of an agreement to establish a jointly owned plant for the recovery of materials from used tires based on Enviro’s pyrolysis technology. According to the Enviro, the two parties have now agreed on the main conditions for a plant deal. A final agreement is expected to be finalized during the second half of 2019 and would entail the sale of a pyrolysis plant, worth approximately between EUR 25 and 30 million, as well as license revenue and future profits.