Scandinavian Enviro Systems signs USD 2 million service agreement for North American tire pyrolysis project
Enviro has signed a conditional USD 2 million service agreement with an international transport services operator in the energy sector, advancing plans for a North American tire pyrolysis plant designed to recycle up to 50,000 tonnes of end-of-life tires annually. The agreement follows a letter of intent signed in March 2026 and covers preparation of technical documentation for environmental, planning and fire safety permits as well as an initial design for the entire plant. Enviro will receive approximately SEK 19.5 million if the customer decides to proceed with the project, but work will not begin until several conditions are satisfied, including securing a plant site and signing binding offtake agreements covering at least 75% of expected production of both tire-derived oil and recovered carbon black. The service agreement does not itself provide a license to construct or operate a plant using Enviro’s tire pyrolysis technology, although the resulting plant design could form the technical basis for a future license agreement between the parties.
