Swedish tyre pyrolysis technology developer Scandinavian Enviro Systems AB (Enviro) has announced that it has received an order for pyrolysis oil from the subsidiary of a leading US oil company. Delivery of the order is expected over a period of about one year beginning in March 2023 and follows on from successful production testing by the unnamed customer.
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According to a statement, the order that has been placed concerns pyrolysis oil recovered from end-of-life vehicle tyres produced at Enviro’s plant in Åsensbruk, Sweden.
The order is of the same type as the oil that the unnamed US oil company subsidiary ordered in February 2022.
The oil from the initial order was used for production tests to determine how suitable the oil is for the production of various biofuels.
In November 2022, Enviro was able to confirm that the production testing by the oil company in question had yielded good results.
Pricing of the order will be based on current market prices in connection with the delivery, and at present Enviro believes that the total value of the order will amount to approximately US$450 000.
This order is yet another example of the growing interest in the oil we can recover and deliver to the market. Increasing volume requirements among our customers also confirm the need for expanded recycling capacity that we have identified and based our expansion plans on, commented Thomas Sörensson, CEO of Enviro.
Enviro’s recovered pyrolysis oil has been certified under the International Sustainability and Carbon Certification (ISCC) global sustainability certification system and approved in accordance with the EU REACH Directive.
