Klean Buys CRR

Klean takes next step in global expansion programme

Klean Industries continues to grow with the acquisition of Carbon Resources Recovery in Germany. Klean now claims to be the global leader in its sector.

Klean Industries Acquires Carbon Resources Recovery Gmbh

Klean Industries Inc has completed the acquisition of Carbon Resources Recovery GmbH ("CRR") located in Berlin, Germany. The combination of these two companies makes Klean the world's leading tyre pyrolysis technology company. It also further reinforces Klean's leadership in the production of high-quality recovered carbon black (rCB) globally. 

Klean and CRR have developed best-in-class technologies with specialised know-how that boast a combined IP portfolio that Klean believes is second to none in the tyre pyrolysis recycling sector. The two companies also share a reputation for technology innovation, high-quality manufacturing and product excellence. 

Klean is historically known for high-end environmental engineering solutions related to the thermal processing of scrap tyres, waste plastic and municipal solid waste using pyrolysis and gasification-based technologies, that have catered to the sophisticated needs of the most complicated waste and recycling problems. CRR has focused its endeavours to perfecting and commercialising the ownership of its intellectual property and know-how in the field of tyre pyrolysis since its inception. CRR has built and developed the most extensive and fully continuous, commercial-scale facility operating in Europe.

"Klean plans to leverage the best of both companies' assets and know-how to accelerate its growth and return on investments. Over the years Klean's proven organic, and acquisition growth strategy has strongly complimented the Klean brand. The Klean Team has a proven track record of harnessing technology, processes and systems to drive operating efficiencies and we are excited to welcome CRR members to the Klean family." said Jesse Klinkhamer, CEO of Klean Industries.

Klean now boasts a deal flow pipeline of pyrolysis projects under development that is estimated to exceed a billion dollars' worth of projects related to just tyre pyrolysis processing alone. Now, with in-house financing available for up to 85% on approved credit terms for all its customers' equipment needs, and product sales support, the company is well-positioned for exceptional growth. With this acquisition, Klean is now pushing forward with its plan for its initial public offering and is now set for rapid global expansion

Jesse Klinkhamer commented, "I want to personally thank our investors and the Klean Team for their support over the years in helping Klean to evolve into an industry leader in the tyre pyrolysis sector. With the completion of this acquisition, we now believe we offer the best and most commercially proven technologies on the planet that deliver the highest possible returns both environmentally and financially within our space. We are very proud of our accomplishments to date and are very excited about our bright future ahead."

 

About the author

Ewan has been editor of Retreading Business since 2006 and of Tyre & Rubber Recycling since the magazine was founded. During this period he has become an expert on the global tyre recycling sector. He has many years' experience as an automotive journalist including a period at Tyres & Accessories.

 

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