Scandinavian Enviro Systems

What Scandinavian Enviro Systems does

Scandinavian Enviro Systems AB (publ) is a Swedish public technology company founded in 2001 and headquartered in Gothenburg, listed on Nasdaq First North Growth Market (ticker: Enviro). It has developed a patented Continuous Feed Pyrolysis (CFC) process that thermally decomposes end-of-life tires under controlled conditions to recover four outputs: recovered carbon black (rCB), recovered pyrolysis oil, recovered steel, and gas. The recovered carbon black enables up to 93% CO2 reduction versus virgin carbon black, positioning the offering against EU Extended Producer Responsibility mandates and OEM sustainability targets.

The company sells recovered carbon black primarily into tire manufacturers, pyrolysis oil into renewable fuel and chemical producers, and recovered steel back into industrial circulation. Its core customers and partners include Michelin (multi-year rCB and oil supply, strategic shareholder via Michelin Ventures, co-developer of the first Uddevalla plant), Nokian Tyres (long-term rCB supply), Preem (7,000+ tons/year pyrolysis oil offtake, 2026–2034), Neste (processing trial for chemicals feedstocks), and a Neste/Borealis/Covestro chemicals consortium.

Enviro's go-to-market is structured around a joint venture with Antin Infrastructure Partners for the build-out and operation of pyrolysis plants across Europe, with a stated target of up to one million tons of end-of-life tire capacity annually by 2030. Revenue mechanics combine technology licensing into the JV, equity participation in JV plants, and direct sales of recovered materials under long-term supply agreements; commercial production from the first Uddevalla plant was not yet operational as of the most recent plant status, with Preem offtake scheduled from 2026.

Name

Scandinavian Enviro Systems

Legal name

Scandinavian Enviro Systems AB

Website

https://envirosystems.se

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Scandinavian Enviro Systems is a Swedish public company that uses patented Continuous Feed Pyrolysis (CFC) technology to recover carbon black, oil, steel, and gas from end-of-life tires, supplying recovered materials to tire manufacturers (Michelin, Nokian), renewable fuel producers (Preem), and chemicals companies (Neste, Borealis, Covestro) via a joint venture with Antin Infrastructure Partners.

Ownership category

akta.pro rank

Product category

Tire Recycling and Recovered Materials

NAICS

Tire Manufacturing (32621), Materials Recovery Facilities (562920), Resin and Synthetic Rubber Manufacturing (32521)

SIC

Tires & Inner Tubes (3011)

akta.pro primary industry

Tire Recycling & Processing (Shredding, TDF, Pyrolysis Feedstock) (IMANAMAF)

akta.pro secondary industries

Tire Recycling, Disposal & Sustainability Services (TLAKADAI), Repair, Refurbishment & Remanufacturing Services (EUAIANAB)

Keywords

• End-of-life tire recycling
• Pyrolysis technology
• Recovered carbon black
• Pyrolysis oil production
• Circular tire materials

Headquarters

HQ city

Göteborg

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Infrastructure, Personnel, Operations, Others

Revenue model

1. Technology Licensing: Licensing of patented pyrolysis technology to joint ventures and partners. The company holds patents in 52 countries for its CFC process.
2. Recovered Materials Sales: Sale of recovered carbon black, pyrolysis oil, steel and gas produced from end-of-life tire processing through joint venture plants.
3. Joint Venture Equity: Equity participation in joint ventures with Antin Infrastructure Partners for development and operation of pyrolysis plants across Europe.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Scandinavian Enviro Systems operates a patented pyrolysis process (CFC – Continuous Feed Pyrolysis) that thermally decomposes end-of-life tires to recover valuable raw materials, including recovered carbon black (rCB), pyrolysis oil, steel, and gas. The company commercializes these recovered materials primarily through a joint venture with Antin Infrastructure Partners and licenses its patented technology in 52 countries.

Product overview

Scandinavian Enviro Systems operates as a technology and material recovery company that offers a single unified product line centered on its patented pyrolysis technology. The core offering is an end-of-life tire pyrolysis system that recovers three valuable raw materials: recovered carbon black (rCB), pyrolysis oil, and steel. These recovered materials serve as sustainable alternatives to virgin materials in tire manufacturing, renewable fuel production, and various industrial applications. The company operates through a joint venture with Antin Infrastructure Partners and is expanding its European presence with plants like the one in Uddevalla, Sweden.

Differentiator

Problem solved

Functional benefit

Products and services

• Pyrolysis Technology for End-of-Life Tire Recycling Patented CFC (Continuous Feed Pyrolysis) process that pyrolyses end-of-life tires under highly controlled conditions to recover carbon black, steel, oil, and gas. Licensed and deployed through joint venture plants for industrial tire recycling.
• Recovered Carbon Black (rCB) Carbon black recovered from end-of-life tires, used as a sustainable alternative to virgin carbon black in tire and rubber manufacturing, delivering up to 93% CO2 reduction.
• Recovered Pyrolysis Oil Oil recovered from end-of-life tires via pyrolysis, used as feedstock for renewable gasoline and diesel production and for chemical/plastics manufacturing.
• Recovered Steel Steel recovered from end-of-life tires during the pyrolysis process and returned to industrial use.
• Recovered Gas Gas recovered as a co-product of the pyrolysis process for use within the plant energy cycle or further industrial applications.

Quantifiable outcome

• 93% CO2 reduction from using Enviro's recycled carbon black compared to virgin carbon black
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• NesteminorStrategic or Co-development Partner · 22 April 2024Neste successfully conducted first processing trial run with pyrolysis oil from discarded tires sourced from Enviro, producing high-quality raw material for new plastics and chemicals.
• Swedish Tyre Recycling (SDAB)coreChannel Partner/ Reseller/ Distributor · 19 April 2024Swedish Tyre Recycling has entered into delivery agreement to supply raw materials for tires to the new plant being built in Uddevalla, Sweden.
• MichelincoreStrategic or Co-development Partner · 5 March 2024Michelin has signed multi-year supply agreement for carbon black and pyrolysis oil. Michelin joined Antin and Enviro to announce construction of first end-of-life tire recycling plant in Sweden. Michelin is committed to developing used tire recycling ecosystems.
• PreemcoreChannel Partner/ Reseller/ Distributor · 5 March 2024Preem signed agreement with Enviro's and Antin's joint venture to secure supply of pyrolysis oil for renewable gasoline and diesel production. Access to just over 7,000 tons of pyrolysed tire oil per year between 2026 and 2034.
• Antin Infrastructure PartnerscoreStrategic or Co-development PartnerJoint venture partnership for establishing pyrolysis plants across Europe with capacity target of 1 million tons of end-of-life tires annually by 2030. Antin is an infrastructure investor providing capital for plant development while Enviro provides technology and expertise.
• Nokian TyrescoreChannel Partner/ Reseller/ DistributorLong-term purchase agreement for recovered carbon black. Agreement helps Nokian Tyres reach its key sustainability target of increasing recycled and renewable raw materials in tires to 50% by 2030.
• BorealisminorStrategic or Co-development PartnerPartner with Neste and Covestro aiming to close the loop for automotive industry using recycled materials from discarded tires through chemical recycling.
• CovestrominorStrategic or Co-development PartnerPartner with Neste and Borealis aiming to close the loop for automotive industry using recycled materials from discarded tires through chemical recycling.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Pyrum Innovations: German-listed pyrolysis technology company operating its own tire pyrolysis process to recover carbon black, pyrolysis oil, and steel from end-of-life tires. Most directly comparable competitor to Enviro's CFC technology in Europe.
• Contec (Eco Green): Slovenia-based operator of continuous tire pyrolysis plants producing recovered carbon black, oil, steel, and gas. Competes with Enviro on plant technology and recovered-material offtake into the European tire and rubber value chain.
• BlackCycle (Continental-led consortium): European consortium led by Continental focused on recovering high-quality carbon black from end-of-life tires for reuse in new tires. Directly comparable in technology and target customer base within the European tire circularity ecosystem.
• Klean Industries: Global provider of tire pyrolysis plant technology and project development services. Competes with Enviro in licensing pyrolysis know-how and building commercial-scale end-of-life tire recycling capacity.
• Reoil: Polish operator developing continuous tire pyrolysis technology for recovery of carbon black and oil. Comparable European peer at earlier commercial scale, focused on similar recovered-material outputs.

Emerging players

• Bolder Industries: US-based tire pyrolysis company producing recovered carbon black and other materials for tire and industrial customers. Comparable emerging player with overlapping technology and end-market focus, but operating in North America rather than Europe.
• Tyromer: Canadian company using devulcanization and related processes to recover rubber materials from end-of-life tires. Adjacent technology approach targeting similar circularity outcomes for tire and rubber manufacturers.

Broad incumbents

• Liberty Tire Recycling: North America's largest tire recycling company, operating a broad network of collection and processing facilities for end-of-life tires. A larger incumbent in tire recycling whose portfolio overlaps with Enviro's downstream offtake markets but is more diversified across crumb rubber, rubber mulch, and tire-derived fuel rather than focused on pyrolysis rCB.
• Michelin (Sustainable Materials): Global tire major pursuing circular materials strategies including rCB and bio-based feedstocks. Acts as both Enviro's anchor customer/JV partner and a potential competing developer of circular tire materials, making it both a peer and a partner.
• Neste: Global leader in renewable fuels and circular chemicals with established pyrolysis oil processing capability for tire-derived feedstock. Comparable to Enviro in its use of tire pyrolysis oil for downstream chemicals, but operates at significantly larger scale across multiple renewable feedstocks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/scandinavian-enviro-systems-ab
• Xx.com/envirosystemsAB

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scandinavian Enviro Systems