Enviro and Windspace move one step closer to launching tire pyrolysis plant in Denmark
Recently, Scandinavian Enviro Systems – the Swedish tire pyrolysis equipment manufacturer – published a press release which tells about the new lease agreement for tire pyrolysis plant site in Denmark, signed by a joint venture of Enviro and Windspace A/S – Elysium Nordic. According to Enviro, Elysium Nordic ApS is the official name of the prospective joint venture launched by Enviro and WindSpace A/S. Reportedly, it has signed a lease agreement with Associated Danish Ports (ADP) on February 5, 2019 for a site in Nyborg harbor on Funen, Denmark. The press release mentions that land lease is valid for 20 years with an extension option for additional 15 years; also, the agreement includes a 5-year option to extend the leased area to enable a phase two of the project that will double its capacity. The plant construction is scheduled to start in 2019, once different commercial questions are settled, and will be completed in 2021. The cost of the project is estimated at DKK 300 million, i.e. over EUR 40,2 million.