UK’s Circtec Ltd, which specialises in end-of-life tyre chemical recycling through pyrolysis technology, has acquired Granuband B.V., a Netherlands-based end-of-life tyre collection and recycling company. With a substantial recycling plant in the industrial port of Amsterdam, capable of processing 50,000…
Tag: Circtec
Circtec raises EUR150 mn funding for tyre recycling plant in Europe
UK recycling start-up Circtec has secured fundng of EUR150 million to construct, what is said to be, Europe’s largest end-of-life tyre (ELT) pyrolysis recycling facility in Delfzijl, the Netherlands. The funds include a EUR75 million equity investment led by Novo…
Circtec/BP in supply deal for tyre-fuel; BP invests EUR12 mn in Circtec
Oil major BP has signed an eight-year offtake agreement with Circtec, a UK-based technology company that develops and operates a pyrolysis chemical process technology and whose plants convert hard-to-recycle waste tyres into HUPATM – Circtec’s proprietary renewable drop-in marine fuel,…