News: Tire Recycling & Pyrolysis

Scandinavian Enviro Systems has resolved on a directed issue of shares and warrants to Alumni Capital Limited under its existing financing arrangement, raising approximately SEK 2.5 million before transaction costs. The issue follows a drawdown request under the equity-based investment agreement entered into on May 22, 2026, and amended on August 26, 2026. Enviro will issue 22,222,222 new shares at a subscription price of SEK 0.11439 per share and 1,769,887 warrants to Alumni Capital. The company said the directed issue is intended to secure financing for its ongoing company reorganization in a time- and cost-efficient manner. The financing comes as Enviro continues efforts to stabilize its business, which is focused on patented tire recycling technology, recovered carbon black and the recovery of valuable raw materials from end-of-life tires.

IEPA has rejected Anzu Power’s permit application for a planned facility in Alton, Illinois, after finding that the submission lacked complete and sufficient information. According to documents reported by The Telegraph, Anzu Power applied in May through consultant Tectrix.io for a facility at 8 Cut Street that would process recycled rubber chips purchased from authorized tire recycling and transportation companies. The company has described the project as a carbon-negative waste-to-energy facility, but IEPA reviewers said the application did not provide enough detail on the site, process, emissions, equipment, material handling, storage or environmental impacts. The case has drawn attention because Anzu Power had earlier claimed support or approval while city officials and residents questioned whether the proposed tire pyrolysis and power-generation project had the necessary environmental permits and local authorization.

A Michigan road project has used more than 7,000 scrap tires in rubber-modified asphalt to pave a 0.8-mile section of Ellsworth Road in Pittsfield Township, later earning national recognition for green construction. The project was carried out in Washtenaw County through a partnership involving the Washtenaw County Road Commission, Michigan Technological University and the Michigan Department of Environment, Great Lakes, and Energy. Cadillac Asphalt paved the section between the bridge over I-94 and Carpenter Road using asphalt containing ground tire rubber. In June 2026, EGLE said the project received the National Asphalt Pavement Association’s 2025 Quality in Construction Award in the Green Category, recognizing its use of recycled tire materials in pavement and its contribution to sustainable infrastructure.

TRA will use its 2026 Annual Day to press for stronger UK enforcement on waste tire exports, T8 exemptions, green procurement and domestic circular economy capacity. The event, scheduled for September 15, 2026, at Coombe Abbey Hotel in Coventry, will bring together the UK tire recycling and recovery industry under the theme “Giving Real Meaning to the Circular Economy.” According to the operational note, the conference will ask whether the UK Government is prepared to match circular economy rhetoric with statutory enforcement, end whole tire exports and support domestic green industrial resilience. TRA says more than 1,000 tonnes of whole waste tires leave British ports every day, while at least 150,000 tonnes of licensed UK tire recycling and remanufacturing capacity remains idle. The association argues that stronger export controls, the withdrawal of T8 exemptions, better documentation enforcement and public procurement for recycled content, retreads and rubberized asphalt are needed to build a more resilient domestic tire recovery system.

In the presentation, “Turning TPO into a Higher-Value, Certifiable Feedstock,” Weibold consultant Franklin Raj discussed how TPO producers can move beyond traditional industrial-fuel markets and develop higher-value downstream pathways.

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Over the past 12–14 months, the regulatory landscape for tire pyrolysis oil (TPO) has changed more rapidly than at almost any point since TPO began moving from an alternative fuel into a serious refinery and petrochemical feedstock. RED III, revised ISCC rules, the recognition of the fossil fraction of end-of-life tires as a potential recycled carbon fuel feedstock, and new end-of-waste pathways in England and France have all moved the market forward.

Andreas Kyriakou, Senior Partner at Robert Weibold GmbH, will speak at Global Polymer Summit 2026 in Louisville, Kentucky, sharing his perspective on the recovered carbon black industry and its evolving market landscape. Robert Weibold GmbH will participate in Global Polymer Summit 2026 (GPS 2026), taking place from September 28–30, 2026, at the Kentucky International Convention Center in Louisville, Kentucky.

Enviro said the reorganization plan includes a proposed debt settlement corresponding to a composition of up to approximately MSEK 35 in total. Priority and non-priority creditors, other than related-party creditors without priority, would receive 30% of the nominal amount of their claims. Related-party creditors without priority would receive no payment under the proposal.