News: Tire Recycling & Pyrolysis

The board of directors of Scandinavian Enviro Systems AB (publ) ("Enviro" or the "Company") has resolved to apply for company reorganization. The board of directors assesses that Enviro has sufficient liquidity to operate the business during the first three months of the reorganization. During the reorganization, operations will continue as usual, in parallel with measures to strengthen Enviro's liquidity and profitability.

NE-TECH Group announces another significant construction milestone at its showcase Karcag pyrolysis facility, designed in partnership with oil giant MOL as a principal shareholder in the project. The successful completion of construction marks a decisive transition from accelerated project execution into the commissioning and operational readiness phase. Following the previously reported five-month delivery from groundwork to core plant, the project continues to progress in line with schedule and investment expectations.

Pittsburgh, PA – February 17, 2026 – Liberty Tire Recycling, the leading tire recycler in North America, has been awarded a Bronze sustainability medal from EcoVadis, placing the company in the top 35% of more than 150,000 rated companies worldwide. The new rating reflects Liberty’s continued progress in building a resilient, transparent, and sustainable business that helps customers reduce environmental and supply chain risk.

Rathi Group has entered into a Memorandum of Understanding (MoU) with the Indian Tyre Technical Advisory Committee (ITTAC) to strengthen technical collaboration on the integration of recovered carbon black (rCB) into tyre manufacturing. The agreement establishes a structured framework to evaluate, standardise, and enhance the material properties of rCB to ensure performance consistency in tyre applications. The initiative focuses on responsible adoption aligned with mechanical performance, durability, and safety requirements.

The Saudi Basic Industries Corporation (SABIC) signed an agreement with the joint venture established between the Public Investment Fund (PIF) and Pirelli, for the supply of polybutadiene rubber and carbon black to achieve 3.5 million tires annually – a major milestone toward empowering and advancing local content in the Kingdom of Saudi Arabia through its localization initiative, NUSANEDTM.

Woodward brings more than seven years of engineering and project delivery experience across the environmental, mining, and industrial process sectors. Prior to joining Mars Mineral, he served as a senior process engineer at Burns & McDonnell in Denver. He previously held engineering roles with AECOM and Forsgren Associates, Inc., where he focused on process design, environmental systems, and project delivery for municipal and industrial clients.

According to research commissioned by Tyre Stewardship Australia (TSA), illegal tyre dumping cost local governments an estimated $6.5 million in 2022–23 alone. Approximately 300,000 tyres were retrieved from roadsides and bushland at an average cost of $22 per tyre—nearly triple the typical $7.60 disposal fee paid by consumers at retail outlets.

Craft Capital’s mandate is to support Ecolomondo’s capital markets strategy, including financing initiatives and the Company’s contemplated uplisting to the NASDAQ, positioning Ecolomondo to access the capital required to execute on its global growth strategy. Craft Capital Management LLC is a full-service brokerage firm and FINRA, SIPC, and MSRB member. The firm leverages over 100 years of combined financial expertise to deliver customized investment banking services and public offerings, while connecting clients to an extensive network of family offices and institutional investors.

Birla Carbon, a leading global manufacturer and supplier of high-quality carbon materials, is co-hosting the Conference on Advanced Carbon Materials (CACM) 2026 with the Indian Carbon Society (ICS), the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), and Birla Institute of Technology and Science (BITS). The conference will take place from February 18-20, 2026, at the BITS Pilani, Hyderabad Campus.