- CEO
- Fredrik Aaben
- Full Time Employees
- 42
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Frihamnen 16B Gothenburg VG Sweden 417 70
- IPO Date
- Jun 18, 2014
- Business
- Scandinavian Enviro Systems AB (publ) is a technology company specializing in the development, construction, ownership, and operation of plants for resource recovery from used tires. Founded in 2001 and headquartered in Gothenburg, Sweden, the company offers patented pyrolysis technology to recover valuable materials including carbon black, oil, steel, and gas from end-of-life tires. This technology uses extracted pyrolysis gas as the heat conductor, enabling an environmentally efficient process that produces recovered carbon black meeting high market standards. The recovered materials are supplied to industrial customers, including manufacturers that use the recovered carbon black for new tires, significantly reducing carbon dioxide emissions compared to virgin materials. Scandinavian Enviro operates demonstration and recycling facilities primarily in the Nordic region and is prominently backed by Michelin, which is its largest owner.
Recent major developments include the final investment decision and commencement of construction of a large-scale pyrolysis plant in Uddevalla, Sweden, expected to start production in late 2025 with a ramp-up to approximately 65 percent capacity by mid-2026. The company has formed strategic partnerships with leading industry players such as Michelin, Borealis, Covestro, Neste, and Antin Infrastructure Partners, enhancing its positioning in the circular economy for automotive and chemical industries. Enviro has also appointed Fredrik Emilson as CEO in early 2024, bringing extensive industrial and sustainability expertise. Financially, the company has received significant milestone compensations through its joint venture agreements, supporting ongoing technology commercialization and European expansion. Scandinavian Enviro is advancing modular plant concepts and expanding its service offerings for broader European and international markets.