- CEO
- Petra Sas
- Full Time Employees
- 13
- Sector
- Process industries
- Industry
- Chemicals: major diversified
- Address
- MAelderistvAegen 3 Vargon VG Sweden 468 30
- IPO Date
- Dec 9, 2020
- Business
- CirChem AB (publ) (CIRCHE.ST) is a Sweden-based environmental technology company specializing in the circular recycling of industrial solvents through distillation technology. Founded in 2013 and headquartered in Vargön, Sweden, the company collects, filters, purifies, and refines used solvents for reuse by industrial and pharmaceutical customers; it also manufactures climate-smart chemical products including washer fluids, hand sanitizers, and other detergents derived from recycled solvents. CirChem operates a recycling facility in Vargön with capacity to process up to 20,000 tons of solvents annually, contributing to reduced CO2 emissions and enhanced resource efficiency primarily in the Swedish market with initial international expansion.
Recent developments include securing its first international order in 2024 through a partnership with Stena Recycling Danmark for approximately 4,000 tons of solvent waste processing, expected to save around 6,600 tons of CO2 emissions; an agreement with Titab Pac, a major Nordic distributor of liquid chemicals, for annual delivery of 600 tons of recycled pure solvents; and in October 2025, obtaining an 8 million SEK loan to support operations. The company strengthened its organization by appointing John Sandström as Chief Technology and Development Officer to oversee production capacity expansion and process enhancements amid growing customer demand. CirChem reported third-quarter 2025 earnings on November 12, 2025, with net sales of 811 thousand SEK, reflecting ongoing focus on scaling solvent recycling amid a challenging market environment for its Stockholm-listed shares.