RECYCTEC HOLDING AB CLASS B

RECYCTEC HOLDING AB CLASS B

NNGM:RECY.B
0.04
SEK
+0.00
(-1.95%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Robin Aldenholt
Full Time Employees
8
Sector
Industrial services
Industry
Environmental services
Address
Momarken 30 Lund JO Sweden 556 50
IPO Date
Jan 2, 2013
Business
Recyctec Holding AB (publ), a Sweden-based cleantech company listed on Spotlight Stock Market under ticker RECY B, engages in the purification and recycling of used glycol through its wholly-owned subsidiary Recyctec AB; core operations center on collecting, analyzing, restoring, and selling recycled monoethylene glycol and monopropylene glycol under the EarthCare brand, including EarthCare Glycol for real estate heating systems, vehicle antifreeze, and tailor-made blends for specific industrial applications; services encompass glycol analysis to identify types in use, logistics for used glycol return, custom formulation, blending, and packaging at its full-scale industrial facility. Products serve industries such as real estate, automotive, transport, municipalities, airports, recycling units, and chemical companies, with initial geographic focus on the Swedish market and ambitions for international expansion via partnerships. Founded in 2012 and headquartered in Jönköping, Sweden, where its head office and treatment plant are located, the company employs a proprietary purification process that removes contaminants to restore glycol to virgin quality, enabling indefinite reuse and supporting circular economy principles by reducing fossil feedstock demand, CO2 emissions, and waste. Recent developments include a private placement of 260,000 series B shares at SEK 10.60 each in 2025, raising SEK 2.76 million to bolster operations; leadership transitions with Thom Nilsson as CEO and prior interim changes including Björn Skjaevestad in 2020 followed by Andreas Cederborg; certification under ISO 9001 and 14001 for quality and environmental management; product approvals such as EarthCare lines by Sweden's Chemicals Agency and inclusion in SundaHus material database; launch of EarthCare Vehicle Glycol; facility upgrades addressing production issues like vacuum pumps and heat exchangers; relocation of all operations to Jönköping; and a rights issue alongside new strategy formulation.