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Scandinavian Enviro Systems (Enviro) CEO Fredrik Emilson and CFO Fredrik Aaben have subscribed to a total of 8,908,844 additional shares in Enviro's recently concluded rights issue. In total, they have now subscribed to nearly 13 million shares in the company's issue. The recently concluded rights issue strengthens Enviro's cash position with a total of SEK 240 million before issuing costs.

Scandinavian Enviro Systems (Enviro) CEO Fredrik Emilson and CFO Fredrik Aaben have subscribed for a total of 3,980,769 shares, valued at just over SEK 3.3 million, as part of the company’s recently completed rights issue. The rights issue raised approximately SEK 240 million, significantly boosting Enviro’s cash position.

Scandinavian Enviro Systems (Enviro) founder Bengt Sture Ershag received the Lifetime Achievement Award at this year's Recircle Awards. Ershag received the award for his lifelong efforts to create a more sustainable handling of end-of-life tires. In addition to being the founder of Enviro, Bengt Sture Ershag is also the inventor and developer of the fundamentals of Enviro's leading pyrolysis technology.

Infiniteria has entered additional delivery agreements regarding recovered carbon black from Uddevalla - 100 percent of carbon black production at Uddevalla 1 now fully booked. The deliveries concern recovered carbon black, rCB, which will be produced at Infiniteria's recycling plant in Uddevalla. The agreement is multi-year and is based on a mutual term sheet, with the total order value estimated to be approximately 100 million SEK over the contract period.

Scandinavian Enviro Systems (Enviro) has renewed a delivery agreement concerning pyrolysis oil from the Åsensbruk facility with a leading American oil company. The ISCC EU certified oil will be used by the oil company for the production of biofuel. The order accounts for 100% of the annual production of 750 tons of ISCC EU certified oil at Åsensbruk and the oil company has expressed a demand for substantially larger volumes.

Scandinavian Enviro Systems (Enviro) and the French tire manufacturer Michelin have initiated a collaboration following successful tests, which means that Enviro will recycle valuable raw materials such as carbon black and oil from Michelin's used racing tires. The recycled carbon black can then be reused by Michelin to produce new racing and other tires. "Racing tires represent the pinnacle of tire technology, and for Enviro to be involved in providing a circular solution for the racing tires of the world's largest tire manufacturer is a mark of quality for what our technology can achieve," says Fredrik Emilson, CEO of Enviro.

Allianz Insurance Singapore has introduced Recycle My Tyres, a pioneering initiative aimed at promoting sustainable tyre disposal and reducing automotive waste across the country. In partnership with local recycler Global Enviro Technology, the programme is the first of its kind led by an insurer in Singapore.

The Nomination Committee of Scandinavian Enviro Systems (Enviro) has proposed Ewa Björling as new member and Chairman of the Board of directors of Enviro. Ewa Björling is currently serving as a member of the board of directors of several companies, including Essity and Nynäs.

Enviro's recovered carbon black has been used by Swedish rubber and plastic manufacturer AnVa to develop climarub, one of the world’s first completely climate-neutral rubber compounds. “The launch clearly demonstrates the great commercial value of recycling in achieving climate neutrality,” says Fredrik Emilson, CEO of Enviro.