The shared investment plan for the construction of the first end-of-life tyre recycling plant in Uddevalla, Sweden has been finalized among the three companies. The project will be based on Enviro’s unique pyrolysis technology with the ability to extract raw materials from multi-component products. The joint venture has secured a series of multi-year contracts for the supply of used tyres and the upcycling of recovered carbon black and pyrolysis oil. This first plant will have capacity to recycle approx. 35,000 tonnes of used tyres annually and to create up to 40 green jobs in the local community during the first phase.