Fornnax Technology

What Fornnax Technology does

Fornnax Technology Pvt. Ltd., founded in 2013 and headquartered in Ahmedabad, Gujarat, is a manufacturer of industrial shredding, granulation, and recycling equipment. The company designs and builds heavy-duty primary shredders (SR-Series, SR-Max Series up to 540 HP), secondary shredders (R-Series, R-Max Series), high-speed granulators (TR-Series), and separation systems (overband magnets, classifiers, separation tables). These modular equipment units are integrated into turnkey system solutions for tyre recycling plants, tyre steel cleaning plants, AFR/SRF/RDF plants, cable recycling plants, aluminium recycling plants, and e-waste recycling plants — serving end markets spanning tyre recyclers, MSW operators, cement co-processors, and metal recovery companies across India, Europe, the Middle East, South America, the UK, Australia, and Italy.

The company's core technology revolves around proprietary hydraulic drive systems, customizable knife configurations (6 to 12 knife setups), advanced bearing housing isolation, and a three-stage processing architecture that achieves up to 99.9% purity in crumb rubber output and 98% purity in copper/aluminium recovery. Fornnax's commercial model is built on direct enterprise sales of quote-priced heavy industrial equipment with multi-year contracts, complemented by after-sales service revenue from genuine spare parts (24-hour delivery commitment), planned maintenance packages, and lifetime support. The Customer-Based Product Development (CBPD) process involves end customers in equipment design and testing, reinforcing technical stickiness. Internationally, Fornnax operates through channel partners in Germany (Expocon), the UAE (Maquinas FZE), and Colombia (ESIMCO S.A.S.), and actively participates in global recycling trade shows (RWM, Ecomondo, Waste Expo Australia, India Rubber Expo).

Revenue mechanics are anchored in the high capital cost of equipment (machinery spans 30 to 540 HP; complete plants process 200 to 1,000 tons/day) and recurring spare parts/service contracts. The firm is privately held, founder-controlled under Director Jignesh Kundariya, with no disclosed external funding rounds. Recent strategic capital allocation has been heavily weighted toward physical infrastructure — a 12+ acre New Product Development and demonstration centre unveiled in November 2025 and Phase One of a 23-acre manufacturing hub scheduled for completion in July 2026 — alongside aggressive product launches (R-MAX3300 secondary shredder, October 2025) and European market entry.

Name

Fornnax Technology

Legal name

FORNNAX TECHNOLOGY PVT LTD.

Website

https://fornnax.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Fornnax Technology is an Ahmedabad-based manufacturer of industrial shredders, granulators, and turnkey recycling plants (30-540 HP) serving tyre, MSW, e-waste, cable, and aluminium recyclers globally via direct enterprise sales and channel partners.

Ownership category

akta.pro rank

Product category

Industrial Recycling Equipment

SIC

Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Recycling Equipment & Turnkey Reprocessing Systems (Extruders, Wash Lines) (IMANAMAI)

akta.pro secondary industries

E-Waste & Electronics Metal Recovery (ITAD, Circuit Boards, Precious Metal Recovery) (IMAKAMAG), Construction & Demolition (C&D) Metal Recycling (Structural Steel, Rebar, Roofing, Wire) (IMAKAMAF), Scrap Metal Recycling & Brokerage (IMAIAFAN)

Keywords

• Industrial shredders
• Recycling equipment
• Tyre recycling plants
• Waste processing machinery
• Size reduction equipment

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Heavy Industrial Equipment Sales: Sale of industrial shredders, granulators, and recycling plants including SR-Series, SR-Max Series, R-Series, R-Max Series, and TR-Series equipment. Equipment ranges from 30 HP to 540 HP with prices not publicly disclosed - custom quotations based on specifications.
2. After-Sales Service and Spare Parts: Genuine spare parts manufacturing and supply, part rebuilt services, planned maintenance packages, and lifetime support services. Industry-leading warranties and service contracts offered to minimize customer downtime.
3. Turnkey Recycling Plant Solutions: Complete recycling plant installations including tyre recycling plants (CRM-3000 model), steel cleaning plants, AFR/SRF/RDF plants, cable recycling plants, aluminium recycling plants, and e-waste recycling plants with multiple processing stages.
4. Customization and Engineering Services: Customer-Based Product Development (CBPD) process involving customers in equipment design. Customized solutions for specific waste streams and capacity requirements.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels7 records

Core offering

Fornnax Technology manufactures industrial shredding, granulating, and separation equipment for the recycling industry. Its product portfolio spans primary and secondary shredders (SR-Series, SR-Max Series, R-Series, R-Max Series), granulators (TR-Series), separation systems, and turnkey plant solutions for tyre, e-waste, cable, aluminium, and AFR/SRF/RDF processing. The company designs and builds engineered systems sold to recycling operators and waste-processing enterprises worldwide.

Product overview

Fornnax Technology is a manufacturer of industrial shredding and recycling equipment offering a modular portfolio of primary shredders, secondary shredders, granulators, and separation systems. The core product line includes the SR-Series and SR-Max Series primary shredders for initial size reduction, R-Series and R-Max Series secondary shredders for fine processing, and TR-Series granulators for final granulation. These equipment units are complemented by separation systems (overband magnets, classifiers, drum magnets, separation tables) and integrated into turnkey system solutions including tyre recycling plants, steel cleaning plants, AFR/SRF/RDF plants, cable recycling plants, aluminium recycling plants, and e-waste recycling plants. The company serves waste management, cement, and industrial recycling sectors with equipment capacities ranging from 30 HP to 540 HP.

Differentiator

Problem solved

Functional benefit

Products and services

• SR-Series Primary Shredders Primary industrial shredders in the SR-Series designed for initial size reduction of bulky waste streams such as scrap tyres and solid waste for recycling operators.
• SR-Max Series Primary Shredders Higher-capacity variant of Fornnax's primary shredder line, targeting heavy-duty size reduction in large-scale recycling and waste-processing facilities.
• R-Series Secondary Shredders Secondary shredders used after primary size reduction to achieve finer particle sizing for downstream separation or granulation, sold to recycling plant operators.
• R-Max Series Secondary Shredders Higher-capacity secondary shredder line offering enhanced throughput for recycling plants that require aggressive post-primary size reduction.
• TR-Series Granulators Granulation equipment in the TR-Series designed to convert pre-shredded material into uniform granules, commonly used in tyre crumb rubber and plastics recycling lines.
• Separation Systems Complete range of separation equipment used to sort processed recyclables by material type, integrating with Fornnax shredders and granulators in recycling plants.
• Tyre Recycling Plant Turnkey plant solution for processing scrap tyres into reusable fractions such as crumb rubber and steel, integrating shredders, granulators, and separation equipment.
• Tyre Steel Cleaning Plant Specialised plant for cleaning and recovering steel wire from processed tyre material, sold to tyre recycling operators.
• AFR/SRF/RDF Plant Plant solution producing Alternative Fuel, Solid Recovered Fuel, and Refuse-Derived Fuel from mixed waste streams for use in cement kilns and industrial boilers.
• Cable Recycling Plant Plant solution for recycling copper cables, separating copper from insulation through shredding, granulation, and separation stages.
• Aluminium Recycling Plant Plant solution for processing aluminium scrap into recovered aluminium fractions, combining shredding, granulation, and separation.
• E-Waste Recycling Plant Turnkey plant for processing electronic waste, using shredding and separation to recover valuable fractions from end-of-life electronics.

Quantifiable outcome

• 99.9% rubber granule purity in tyre recycling applications
• +6 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• Expocon (Germany)coreChannel Partner/ Reseller/ Distributor · 5 February 2026Mr. Dieter Jerschl represents FORNNAX across Germany and Central Europe as part of strategic expansion into the European market. Located at Hermann-vom-Endt-Strasse 11, D-40595 Düsseldorf. Contact: +49 151 401 405 50.
• Maquinas FZE (UAE)coreChannel Partner/ Reseller/ DistributorMaquinas FZE represents FORNNAX in the Middle East region from Dubai Silicon Oasis. Contact: Manoj Kumar, +971-50-2464030.
• Estudios y Asesorías Ambientales de Colombia - ESIMCO S.A.S.coreChannel Partner/ Reseller/ DistributorESIMCO S.A.S. represents FORNNAX in South America from Bogotá, Colombia. Office: +57 315 8985233, +57 314 3294508. Email: [email protected]
• All India Rubber Industries Association (AIRIA)coreGTM or Marketing PartnerAIRIA organizes the India Rubber Expo where Fornnax participates as a sponsor (bronze sponsor for 2026 edition). Fornnax positions itself as a long-term technology partner in the circular economy while engaging directly with tire recyclers and waste management companies.

Scale indicators11 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Lindner-Recyclingtech: Austrian manufacturer of shredding and separation technology for plastics, MSW, and waste-to-energy applications. Directly comparable as a complete-solution shredder supplier offering primary shredders, secondary shredders, and downstream separation systems.
• Untha Shredding Technology: Austrian manufacturer of industrial shredders and shredding systems for waste wood, MSW, tyres, and commercial waste. Closely comparable as a European-based premium shredder brand competing for the same enterprise recycling customer profile as Fornnax.
• Granutech-Saturn Systems: US-based manufacturer of industrial shredders, granulators, and recycling systems for tyres, MSW, and metal scrap. Comparable as an established shredder manufacturer serving North American and global tyre recycling and waste management customers.
• Zerma Machinery & Recycling Technology: German-headquartered manufacturer of shredders, granulators, and pulverizers for plastics, rubber, and recycling applications. Comparable as a mid-market shredder competitor serving similar recycling industry customers globally.
• Hammel Recyclingtechnik: German manufacturer of slow-speed, high-torque shredders for scrap metal, MSW, tyres, and bulky waste. Comparable as a premium European shredder brand with similar hydraulic drive technology and tyre/MSW customer focus.
• Vecoplan AG: German-headquartered industrial shredder manufacturer offering single-shaft and multi-shaft shredders for waste, recycling, and plastics applications. Directly comparable as a primary competitor in size-reduction equipment serving tyre, MSW, e-waste, and bulky waste recycling customers globally.
• Eldan Recycling: Danish manufacturer specializing in tyre recycling equipment, cable recycling, and e-waste processing systems. Particularly close peer given Fornnax's tyre recycling focus and overlap in cable and e-waste system solutions.
• Shred-Tech (Shred-Tech Ltd.): Canadian-based manufacturer of industrial shredders and shredding systems for document destruction, e-waste, and recycling applications. Comparable as a global shredder manufacturer competing in e-waste and recycling verticals similar to Fornnax.
• Weima GmbH: German manufacturer of shredders, granulators, and briquette presses for plastics, wood, MSW, and metal recycling. Comparable as a long-established mid-market shredder competitor with overlapping product portfolio across size-reduction and recycling applications.

Broad incumbents

• Metso Corporation: Finnish-listed global industrial machinery leader serving mining, aggregates, and recycling markets with crushers, shredders, and processing equipment. Comparable as a broad incumbent with overlapping recycling equipment offering, though not specialized in Fornnax's mid-market shredding niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/fornnaxrecyclin
• YouTubeyoutube.com/@FornnaxRecycling
• Facebookfacebook.com/fornnax
• LinkedInlinkedin.com/company/fornnax
• Instagraminstagram.com/fornnax

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 Fornnax Technology