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Enviro Signs With TreadCraft

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TPO Protocol
Scandinavian Enviro Systems AB (publ) has signed a term sheet with TreadCraft Carbon LLC, Buffalo, NY, USA, on the key parts of an agreement to establish a jointly owned plant for the recovery of used vehicle tyres based on Enviro‘s leading technology.

Enviro Signs Term Sheet with TreadCraft Carbon LLC

This means that the two parties have now agreed on the main conditions for a plant deal. A final agreement is expected to be finalised during the second half of 2019 and would entail the sale of a recycling plant, worth approximately between EUR 25 and 30 million, as ...

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