European JV to set up ELT plant in Danish port

Enviro-and-WindspaceThe prospective joint venture (jv) Elysium Nordic Apof  Denmark’s WindSpace A/Sand Sweden’s Enviro has signed a lease agreement with Associated Danish Ports (ADP) for a site in Nyborgharbour on Funen, Denmark for material recovery of end-of-life tyres (ELT). The lease agreement is effective on February 5, 2019 and valid for 20 years with an additional 15 years. Another 5-year extension maybe availed for the leased area to enable a phase 2 project to double the plant’s capacity.

The DKK300 million plant will start construction in 2019 and will be completed in 2021. The agreement will be a milestone for the recovering of valuable materials from ELT tyres. Upon completing commercial negotiations, the Elysium Nordic will begin its construction.

Thomas Sörensson, CEO of Enviro says, “We’re planning on taking joint ownership of Elysium Nordic, which will be operating the establishment of the plant. This is completely in line with Enviro’s new business model and it means that we will benefit from the returns that will be generated by a plant.”

“Demand for recovered carbon black continues to increase from several different industries and therefore there’s also a demand for available volumes. The next step in the project is to package the partnership around financing and ownership matters,” Sörensson added.

For logistics and the local expertise,the Nyborgharbour site was carefully chosen.

“We have collaborated with both ADP and Nyborg Municipality to identify the most suitable location for the plant. And we’re looking forward to erecting the first recycling plant that will be able to handle and utilise Enviro’s unique technology to extract valuable materials from end-of-life tyres,” said Jens Elton Andersen, CEO of WindSpace.

Enviro has developed a pyrolysis process, based on a patented technology, whereby tyres are wherheated in absence of oxygen to generate oil. This process enables the materials in the tyres to decompose and be recovered rather than incinerated. It will result to a sustainable recovery of gas, steel, carbon black and oil that can be used as fuel. The new product can replace fossil resources and can be provide alternative resources to attain sustainability.

RISE (Research Institute of Sweden) together with Enviro and Ragn-Sells attained this conclusion in their research project, which was kicked off in October 2017. Founded in 2001, Enviro has its head office in Gothenburg and runs its own plant for ELT tyres in Åsensbruk, Sweden.