The Leading Journal for the Tyre Recycling Sector

The Leading Journal for the Tyre Recycling Sector

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Read the Latest Issue of Tyre and Rubber Recycling

The latest digital version of Tyre & Rubber Recycling is now available, with a variety of new stories, features and interviews from the global tyre recycling sector.

We cover some big stories in this latest issue with interviews with Zeppelin Systems regarding the Sustainable Tire Alliance, Susanne Madelung from TVP Triptis about the risk of migration assessments, and with Contec’s Krzysztof Wrobleski about the recent 15M Euro investment. Plus, of course, Ecopneus Federico Dossena discusses Italy’s response to the imminent microplastics ban of infill.

Rubberised asphalt is also a major feature in this issue and we speak to three experts in the sector to try and establish why the uptake is not as it could be.

Company reports come from Spain’s SIGNUS, and we have country reports from India and South Africa. Plus, of course, the nominees list for the Recircle Awards.

As usual, we close the issue with a series of news reports from the pyrolysis sector

2023 Rubber Recycling Symposium Speakers Announced; Optional Tour of Two Local Recycling Facilities Added

The Tire and Rubber Association of Canada is pleased to announce the speakers for its highly anticipated Rubber Recycling Symposium, which will take place on October 4-5 in Halifax, Nova Scotia.

“This year’s event is going to be one for the books. Our 2023 lineup is comprised of stellar speakers from key global markets, including the Americas, Asia, Australia, and Europe; and brings some of the true experts and leaders in their respective fields,” says Carol Hochu, President and CEO of TRAC. “Simply put, the attendees will be privy to a very comprehensive programme: On day one, they will receive an overview of the state of Extended Producer Responsibility [EPR] tyre models, regulations, and legislature from the point of view of Canada, Australia, Italy and Sweden, and an update on bills and bans in the U.S.A. and Europe. Of course, I can’t omit our keynote speaker, Dr. Larisa Kryachkova, Executive Director, the Tire Industry Project (TIP).

On day two, the attendees will hear from Pirelli, Michelin, and Bridgestone on what drives sustainability in tyre manufacturing; about developments in markets for Rubber Modified Asphalt, Tyre Derived Aggregate, Tyre Derived Products, and Tyre Derived Fuel, and much more. As always, our highly sought-after CEO Panel will conclude the event.”

Session highlights and speakers at-a-glance include:

  • Keynote: Dr. Larisa Kryachkova, Executive Director, the Tire Industry Project (TIP) of the World Business Council on Sustainable Development (virtual)
  • Barry Takallou, President & CEO, CRM & Chair, TRAC ELT Committee
  • Bob Ferguson, Programme Manager, Canadian Association of Tire Recycling Agencies (CATRA)
  • Steve Meldrum, CEO, eTracks Tire Management Systems
  • Louis Gagne, Research & Planning Officer, Recyc Quebec
  • Frank LeBlanc, CEO, Recycle New Brunswick
  • John Sheerin, Director End-of-life Tire Programs, U.S. Tire Manufacturers Association (USTMA)
  • Federico Dossena, General Manager, Ecopneus ScpA
  • Fredrik Ardefors, CEO, SDAB (Swedish Tire Recycling Association)
  • Lina Goodman, CEO, Tyre Stewardship Australia
  • Sarah Amick, Senior Vice President and Senior Counsel, U.S. Tire Manufacturers Association (USTMA)
  • Alex Van Gelderen, Manager, ELT and Circularity, European Tyre and Rubber Manufacturers Association (ETRMA)
  • Brandon Kuczenski, Principal at Scope 3 Consulting (virtual)
  • Maureen Kline, Vice President, Public Affairs & Sustainability, Pirelli Tire North America
  • Andrew Thompson, Global Director, Sustainability Strategy, Bridgestone Corporation (invited)
  • Derek Bradeen, Global Business Model Leader – Retreading & Recycling, Michelin
  • Michael Rachita, Senior Program Manager with Innovation Technology, The Goodyear Tire & Rubber Company (invited)
  • Nick Santero, Leading Sustainability Science, Rivian
  • Dr. Redmond Clark, CBL Industrial Services
  • Peter Schroedter, Principal, Off the Road Recycling
  • Paul Downey, CEO, Pliteq Inc.
  • Rob Cumming, Head, Sustainability & Public Affairs at Lafarge Canada Inc (East)
  • Emmie Leung, Emterra Group

For the full agenda with speakers visit the event programme page.

*Speakers may be subject to change based on availability.

The deadline to register at the “Early Bird” price is August 8. Register Now!

The room block at the Lord Nelson Hotel expires August 31. Book Now!

OPTIONAL TOUR OF LOCAL RECYCLING FACILITIES

“To bring additional value to the Symposium attendees, we are also looking into organizing a tour of two recycling facilities focused on TDF and TDA in Halifax on Friday October 6,” continues Hochu. “We are currently in process of gauging general interest from the attendees whether such tour would be of interest. We look forward to hearing from the registrants whether they are interested in this limited-availability optional tour.”

Tour Facilities

Lafarge Brookfield is Atlantic Canada’s only cement plant. The operation uses scrap tyres to replace fossil fuels needed for the operation. This tour would include the fully automated TDF system and the cement plant operation. Halifax C & D Recycling Limited (HCD) manufactures and markets TDA produced from scrap tyres into usable civil engineering materials. This tour includes a full tour of the facility.

Should you have questions regarding the event, please contact Michal Majernik, mmajernik@tracanada.ca.

Sumitomo to Collaborate with US Carbon Recycling Firm LanzaTech

Sumitomo Rubber Industries will work with Lanzatech to boost the circular economy by focusing on waste recycling 

This announcement follows a November 2022 joint development with LanzaTech Global Inc.
Sumitomo Rubber states that Sumitomo Rubber, along with Sumitomo Electric, will be taking part in this joint development. The three companies will join forces with LanzaTech in joint development, aiming to pioneer groundbreaking technologies that enable a circular economy, transforming waste materials, including rubber, resin, urethane, and metal, into valuable resources. This will accelerate our efforts to create a sustainable society characterised by carbon neutrality and a circular economy-the goals of Sumitomo’s unique circular economy concept, “TOWANOWA.”
Under the circular economy concept “TOWANOWA,” Sumitomo aims aim to recycle and make efficient use of finite resources, all the while capitalising on its reservoir of big data to introduce groundbreaking, value-added solutions to its customers. and comfort.
This time around, says Sumitomo, the company is taking another step forward to accomplish a circular economy for raw materials. The aim is to leverage LanzaTech’s biorecycling technology to turn waste materials like tyres into isoprene, which can be used in new rubber materials.

This will be achieved by gasifying the waste materials and purifying the resulting gas, and then putting them through a fermentation process that transforms the gas into new raw materials. Sumitomo’s end goal, working alongside raw material manufacturers, is to explore the feasibility of establishing a recycling technology that enables the reuse of isoprene as material for rubber and resin.

This follows an agreement with South Korea’s LD Carbon, and the isoprene route follows a path already taken by Bridgestone.

Collaboration is Required

Sumitomo manufactures and sells a diverse selection of tyres globally. It has annual tyre sales totalling 110 million (as of 2022). As new tyres are manufactured and sold, a significant number of tyres are thrown away every year. Many tyres that get discarded in Japan are later incinerated, with the generated heat being put to practical use.

To bring the “TOWANOWA” circular economy concept to life, it is crucial to advance “Recovery and Recycling” initiatives in the tyre business and to create a system that transforms discarded tyres into useful resources. This collaboration is an integral part of Sumitomo’s research and development in recycling technology.
Although individual companies can contribute to building a sustainable society, accomplishing this goal on their own is a daunting task. Success requires fostering collaboration across diverse sectors, involving stakeholders from academia, industry, and government. Moving forward, Sumitomo intends to continue intensifying its endeavours in each process of the circular business concept “TOWANOWA” and use data to boost efficiency in its internal development. Through engaging with diverse external stakeholders, Sumitomo seeks to share cutting-edge information and technology, thereby resolving social issues and creating a sustainable society.

Following Ecotr, a Chilean OTR Recycler

Ecotr is a Chilean recycling company focusing on the thermal treatment of tyres, particularly mining tyres, which remain a considerable challenge in Chile.

Tyre and Rubber Recycling met with two of the key staff at Ecotr to get an update on the state of play with the company.

Jacqueline Michael is the VP of Business Development at Ecotr

Jacqueline Michael is the VP of Business Development at Ecotr. “In early-stage projects, my responsibilities relate to identifying potential markets, modelling business plans, and proposing business relationships to prospective clients and investors,” says Michael. So, one part of the Business Development role is identifying and developing potential agreements and contracts with new clients.

“For projects in development,” Michael continues. “I oversee elaborating contractual and legal issues with clients. In addition, I am responsible for collaborating in the progress of the projects in aspects related to necessary insurance and promoting the sale of the products that the thermolysis plants will generate.”

Ignacio Quinzacara, the Product R&D Manager at Ecotr.

The second member of the Ecotr team we spoke with was Ignacio Quinzacara, the Product R&D Manager at Ecotr. “My role consists of research and development of our rCB and Ecofuel in terms of continuous improvement and new applications of these products,” explains Quinzacara. “I also have another function in business development with Jacqueline in which we contact potential customers and investors where we show them the products, manage the laboratory and scale tests, and then move on to commercial issues if the tests were successful.”

The pandemic created significant disruption to business worldwide, and Ecotr was no less impacted by the interruption to business.

Prior to the pandemic, Ecotr was working hard on the development of the first end-of-life mining tyre (EOL-OTR) thermolysis plants in Chile and the world. At the same time, it was closing contracts with clients. In addition, Ecotr had initiated the steps for a capital increase and was preparing its second industrial test with an existing thermolysis reactor in Alcazar de San Juan, Spain.

The projects were delayed for at least a year during the pandemic due to global uncertainty. This uncertainty caused most of the investors Ecotr were meeting with to postpone their investment decisions, despite their strong interest in thermolysis technology.

“In addition,” says Quinzacara, “public agencies, our customers, and suppliers had to adapt to the lockdown, teleworking, and new routines. Regarding our operations, we closed our office in Las Condes (Santiago) when the lockdown was decreed in 2020 and started working remotely. Fortunately, the transition was not complex, as most of our suppliers, investors and customers are located abroad, and the use of digital technologies facilitated remote work.”

Despite the chaos that was occurring worldwide, Ecotr continued to work on a capital increase, project engineering and contracts. In addition, Ecotr managed to perform another industrial test at the plant in Spain, which was recorded in a corporate video. Quinzacara continues; “Regarding the validation of our rCB with an important customer in South America, unfortunately, we had a delay of about a year with a batch of samples since the ports prioritised medicines and food, so our material was stranded for several months. Fortunately, the smaller volume samples we had were able to get to other customers, and we tested the rCB with successful results.”

All things come to an end, and so it was with the pandemic. Now was the time for Ecotr to re-establish connections and return to its pre-pandemic situation.

Michael explains: “2022 was our year of reactivation. We were able to close a critical capital increase. In addition, the development of our projects became more dynamic, both in the projects we already had in the pipeline and with the emergence of new projects in North America and Europe.

“To date, we have signed licensing, commercialisation, and Memorandums of Understanding (MOUs) with several clients outside Chile. We have even introduced a new partner for the Chile project; a project that is still working on securing a sufficient supply of EOL-OTR for its eventual full-capacity operation. Unfortunately, the saying “nobody is a prophet in his own land” applies here.”

Post-pandemic, Ecotr returned to having an office in Lo Barnechea, Santiago. “We worked in a hybrid way because we realised that, with remote work, we were more efficient as we did not waste time travelling, and we had a significant improvement in our quality of life as we had more time for activities such as sports or spending more time with our family.” Adds Michael.

“2023 has been marked by important milestones. On the one hand, the industrial plant in Spain began its commercial operation. A few months ago, the products generated were sold regularly to well-known customers in that country. Then again, we are very close to the groundbreaking of our projects in North America.”

The domestic operation is critical to demonstrating the reality of the Ecotr system. How then was the Chilean project developing, we asked.

Mining is a large contributor to the Chilean economy and recycling OTR tyres is key to growing sustainability and circularity in an environmentaly unfriendly sector

“The Ecotr project in Chile, through the company Intire, is focused on processing EOL-OTR from large-scale mining in the northern region. We currently have an approved environmental permit (RCA) and land near Antofagasta. Our project is closely related to the Chilean EPR Law, specifically in valorising category B tyres (mining tyres). Before and during the pandemic, we were very involved in participating in talks about this law and in the public consultation stage.

“Within the framework of compliance with the recycling goals in Chile, Intire has submitted proposals to all the tenders for recycling of EOL-OTR.” Outlined Michael.

Around the world, the greatest developments in recycling have been driven by legislation creating a mandate to recycle, and this is no less the case in Chile. The Chilean EPR law has become the driver of development and has pushed, particularly, mining tyre recycling to the fore. It makes an interesting contrast to the situations in South Africa and Australia, where recycling still needs to be mandated by law.

“We believe that the implementation of the Chilean EPR Law promotes development in the three components of sustainability, i.e., environmental, economic, and social, comments Michael. “The recyclers will be part of a system that collects and uses end-of-life tyres as raw material to generate products with commercial value.

“In addition, the implementation of tyre recycling reduces greenhouse gas emissions. By thermally degrading tyres with Ecotr’s technology, the emission of 1.3 tons of CO2/ton of EOL-OTR processed is avoided.  For its part, the Chilean EPR Law will generate profitable businesses, bringing new technologies to generate jobs and development.”

Pakistan Pyrolysis Players Fight Back

Lahore authorities had issued orders for the demolition of a number of tyre pyrolysis plants they claimed were polluting the local environment.

Now, in a case before the Lahore High Court, an appeal by the All Pakistan Alternative Energy Recycling Association applied for an reversal of that order.

Justice Anwar Hussein then issued a written order barring the demolition of the factories until the 27th September. The factories will remain closed in the interim.

In the order, it was further said that a notice was issued to the Advocate General Punjab for judicial assistance on important points raised in the application. The petitioner contended that the tyre recycling plants were set up as per international standards, and the Environment Tribunal ordered to issue NOCs to tyre recycling plants meeting the standards. 

The lawyers for the APAERA claimed that the factories recycled tyres from around 40 million vehicles each year, and the closure of the factories would prevent the production of cheap fuel from ELT. The Association has asked to Courts to completely overturn the demolition order.

Italy Prepares to Cope with Crumb Rubber Ban

In April, just shortly after the EuRIC Conference, the European Commission approved the ECHA RAC proposals to ban crumb rubber infill in its microplastics recommendations

The proposal is now out for consultation with the EU states and the outcome is expected to be in favour of the ban.

Speaking with Federico Dossena from Italy’s Ecopneus, the discussion got straight to the heart of the matter. Dossena explained, “Our understanding is that there is a quite wide consensus among the state members to go along with the change of the European regulations.

“Therefore, the 90 days and the two voting rounds will be absolutely in favour of the current proposal.”

This, in the medium term will surely have an impact upon the recycling industry. The tonnage not going to infill will have no market and that will create huge issues for the recycling sector and those managing tyre arisings.

Dossena adds, “The restriction will impact severely on the Italian supply chain for ELT. The Italian market for secondary raw materials from ELT is mostly based on infill for synthetic turf. Out of the overall mass, the main market is represented by sports surfaces.

“The Italian value chain will be quite severely impacted. At this point, we do not have the volume-consuming solutions capable of absorbing the quantities that will still be generated. We have to start watching the possible alternatives to handle the large volumes that will arise.”

By all accounts, the two potentially large consumers of ELT material are rubberised asphalt and the pyrolysis process. Italy has had several years of experience with test roads where studies have been carried out on rubberised asphalt, but there has been no widespread development of that market.

On the pyrolysis front, Italy has no operational tyre pyrolysis plants, and in the past, there has been considerable stakeholder disquiet about the idea of tyre pyrolysis.

Market Expected to Open for Rubberised Asphalt

Rubberised asphalt has been proven and Dossena expects legislative backing for the material

“The vast majority of rubberised asphalt has indeed been the result of studies, many of which were promoted by Ecopneus. We can now say that the experience and the competencies are there, and the only missing element is the stimulus required to adapt rubberised asphalt. There is potential use, particularly in urban areas where noise limits have been set by law, and rubberised asphalt has the potential to reduce road noise to within those limits.

Therefore, our effort is addressing the administrators and authorities to act more firmly to support the adoption of rubberised asphalt. Our activity is now to start an immediate dialogue to promote and gain legal support to motivate local authorities to choose these solutions.”

Italy already has a green procurement policy for retreaded tyres and that has supported retreading in the country. So, now Ecopneus is driving for a similar procurement approach to rubberised asphalt.

In the wider European market, there is talk from the pyrolysis sector that this microplastics ban will help provide an impetus and create a pre-prepared feedstock supply for their own processes.  However, there are currently no tyre pyrolysis projects operating in Italy.

Dossena responds; “Pyrolysis opportunities today have never taken place in Italy, because they were mistakenly evaluated as the equivalent of burning. However, now, the plastic sector has started to make some headway with a pilot plant that has been evaluated positively. Of course, we can utilise those results and this is a second line of engagement. We have started positive discussions with local authorities with a view to installing quite significant plants. They could take large volumes of pre-prepared tyres. This will also have an effect on the collection of tyres through the selection and segregation systems that will be required.

“We are starting to see segregation, car or truck, or even by brands. That will give the pyrolysis plants a given and controlled feedstock capable of giving a controlled output according to the specification the customer might require.

Changes Coming In Collection Processes

“That will make a change to the way tyres are collected and granulated compared to the experience of the past 10 years.”

Regom AI tyre sorting at Black Star retreading in France

On that point, we understand that the tyre manufacturers are becoming more interested and more involved in recycling. We heard recently that Aliapur had taken on three of Regom’s AI driven tyre selection systems and that Michelin has also taken on board a Regom system. That came not just from Regom, but also from Michelin.

We are also aware that SDAB, in Sweden, is looking at AI tyre selection, and that, of course has to be driven by the needs of the end client, the tyre manufacturer.

“The interaction that we have had from players from abroad coming to Italy to set up plants. There will be a need to go into segregation by brands, because every producer knows their own product and they would be interested in getting back their own material. So, we may see the pyrolysis plants working, one week for manufacturer A, the following week, working for manufacturer B.  This might be a potential development that we can start identifying with those watching the Italian market for their next pyrolysis plant.”

It has been said by some in the industry that as soon as this legislation goes through, there will be no more demand for crumb rubber infill. No local authority, no sports club, is going to invest in a crumb rubber pitch that has just a short lifespan. In the interim, before the new markets develop, what happens to the material? Will Italy join the UK in shipping its waste to India?

Crumb Rubber Infill May Get Revisited in Time

“I have a different view,” says Dossena.” There are still a few fields in the process of being built.  It is also true that there may be some doubts, but the local authorities have to confront themselves with the costs. Synthetic turf is still cheaper than natural grass. So, we might have a period that will meet the needs in the Interim. I am quite optimistic that companies will have the opportunity to keep running through the progressive decline of the crumb rubber infill sector, but also the lifting of demand for powder going into roads, and the even sooner than expected development of a pyrolysis plant.

“I am convinced that the overall acceptance of new technologies, with new jobs, professional technicians, and all these together will push for the development of pyrolysis plants sooner than expected.

“When talking to the Ministers, they understand the opportunities and they know that these developments cannot be left in the hands of other countries. The focus and attention of many stakeholders is now converging, and we will hopefully soon become a reality. The doubts and resistances are over. It is now a question of implementing an industrial process.

Ecopneus is aware that we need large feedstocks and this may mean that we have to recover from the exports we have going to energy recovery.

“We also have to consider the development of other markets, such as Tyreplas, where we mix tyres and plastics to create new products and markets for recycled rubber.”

We must not forget that after a period of studies and analysis to measure the real dispersion from fields, duly equipped with anti-dispersion measures, we may be able to go back to the European Commission with empirical evidence. The current decision has been made on assumptions rather than facts. We have a time-lapse and can accumulate a number of studies and we may be able to go back for a reconsideration on crumb rubber infill.”

Ecopneus Continues to Promote ELT Rubber Use

Italy’s Ecopneus continues its alliance with Legambiente by returning to support Festambiente in Rispescia

As in previous years, Ecopneus is presenting football, basketball and minigolf play areas in the TuttinGioco playground area. It is also supporting pathways and relaxation areas showing the tangible benefits of the circular economy using end-of-life tyre materials.

Ecopneus General Manager, Federico Dossena will be making presentations discussing the benefits of recycled rubber.

Ecopneus B’3 basketball court

In another event, The R-Evolution Padel Cup, the first Mens Open tournament to be played on resin and recycled rubber is opening registrations. The event will be held by Casali Sport in partnership with Ecopneus and has been recognised by the Italian Padel Tennis Association.

There will be several stages to the event  in Palermo, Bari, Falconara Marittima with the semi-finals and finals in Trento. The event allows the players to experience the use of the resin and rubber surfaces and leaves a lasting legacy for the sport at the venues used.

Also, in sports use, Ecopneus continues its support of B’3 basketball, where competitions are held on basketball courts  created from ELT materials. Each year Ecopneus assists in the installation of new surfaces to help promote the sport and the use of recycled tyre materials.

Rubberised asphalt is one of the markets for recycled rubber that has, until now, not really developed as anticipated. Here, Ecopneus is promoting the use of rubberised asphalt to make roads quieter and safer, arguing that the noise reduction of 3.5dB is considerable and that the rubberised asphalt gives a better grip and last longer than conventional asphalt.

T-Phite Visits London

SustrendLab, the Chilean laboratory that created T-Phite has been exercising itself promoting the concept and the technology around the world

The latest exhibition to promote T-Phite took place at MOVE, held at London’s Excel Centre, on June 21st and 22nd.

T-Phite was represented by Dario Andreani and Barnadita Diaz who were responsible for the development of T-Phite at the SustrendLab Laboratory, part of the Chilean business group Dosander.

Diaz was keen to emphasise that T-Phite was the result of the tremendous work that has been done by the teams of Sustrend Technical Consulting, SustrendLab and T-Phite.

T-Phite is the first graphitic material that can be used in the anodes of both Lithium and Sodium batteries, coming from waste tyres.

Regarding the London exhibition, Diaz explained; “First, we were invited by the MOVE organisation, where they gave us a space in the Start-Up area, where they select the Start-Ups to present their projects. MOVE is the meeting place for the entire mobility community. Move is the opportunity to influence the direction of urban mobility globally.

The people who went on behalf of SustrendLab were Dario Andreani and myself, the two co-founders of SustrendLab. Dario supports the whole commercial area and I, the commercial and technical areas.”

The success of attendance at exhibitions is always difficult to assess until after the event and time has been allowed to follow up leads and contacts. So, the question then is, was the event purposeful for T-Phite?

Diaz says; “Our main objective was to show our innovation to the world. We knew that our project has an impact in Chile, but we wanted to know the world’s perception of electromobility.

“Our expectations were really exceeded, in the two years that we have coordinated meetings with Venture Capital in Chile, we have generated no more than three meetings. And from those two days we were there, we generated meetings with more than 15 Venture Capitalists, from the United States, Europe, Japan and India.

“We found out that there really is a huge ecosystem of innovation in electromobility issues, there was a lot of interest in our project, in fact, the manager of BMW Start Up Garage came to our booth.

“We are now really convinced that our T-Phite was valued abroad, it was the first time we went out to the world, and we really believe that a sea of opportunities opened for us.”

3rd Latin American Conference on Tyre Recycling

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The Latin American Society for Rubber Technology (SLTC) has always aimed to be a tool to promote technological, business and management knowledge in the rubber industry

With more than 6,000 members and 30 years of experience, the SLTC is committed to the circular economy, sustainability, and recycling of rubber products, calling to join efforts for a healthier environment.

The SLTC is organising the III Latin American Tire Recycling Conference in Lima, Peru, next September 20-22, which is an opportunity to interact with the local and international EOL recycling market. In conclusion: Be where the industry, academia and government are, come to the event!

Some other arguments would be:

– To generate new opportunities in the management and treatment of rubber waste.

– To be part of the only Latin American ELT recycling event.

– Promote brands, learn about new technological alternatives, regulations, developments, and solutions.

The areas covered of the Conference will be:

  • ELT management systems in Latin America and new regulations.
    • New systems, laws, new developments, and participation of public administrations in the region.
  • Innovation, experimental development, and research.
    • Alternative applications for tyre-derived components, new composite materials from recycled rubber and products derived from innovative treatment processes.
  • Recycling technologies, lessons learned and opportunities for improvement: challenges in the OTR mining tyre recycling.
    • Pyrolysis, devulcanisation, thermolysis and co-processing.
  • Tire retreading.
    • OTR mining tyre maintenance, fleet management, certifications, environmental benefits, and global trends.

OTR mining tyre recycling

During the 2023 Latin American Conference, special emphasis will be placed on the latest research on rubber parts for the mining industry, and it will be possible to get in touch with the technical referents of the sector.

On Thursday 21, in the afternoon, the “Symposium on EOL in Asphalt Mixes: For more sustainable roads” will be held, which will seek to discuss programmes and investments in the management of national and regional road networks. The reality of management systems, tyre recycling and the incorporation of ELT powder into asphalt mixtures with the latest technologies.

The audience profile will be: legal professionals, waste managers, logistics operators, recyclers, service and machinery providers for the recycling industry, researchers, entrepreneurs, developers, students, teachers, consultants, business chambers, commercial, technical, legal, and environmental teams of companies related to rubber recycling, rubber product manufacturers, ELT  generators, and government agencies, among others.

The Conference will be held at the NOS Convention Centre of the Pontificia Universidad Católica del Perú (PUCP), which brings together technological progress, business, knowledge, and culture in the heart of the San Isidro district of Lima. The Centre is composed of two interconnected office towers. It has multipurpose rooms, a theatre with a capacity for up to 600 people, an auditorium, and other areas, such as a training centre and classrooms.

Who Owns Enviro?

With the assistance of Monitor via Modular Finance, Scandinavian Enviro Systems has prepared a register of the 15 largest owners of the company as of June 30, 2023

Following the directed share issue in May, the company’s new owners include Handelsbanken Fonder, Swedbank Robur Fonder and Skandia Fonder. Michelin did not participate in the issue but remains the largest shareholder by a considerable margin, with 16.28 per cent.

The register reflects the major changes that have taken place since the announcement of the cooperation agreement with Antin in March of this year and the subsequent directed share issue in May. The 15 largest owners now include a number of prominent Swedish institutions, such as Handelsbanken Fonder, Swedbank Robur Fonder, Skandia Fonder, Cicero Fonder and Öhman Fonder.

Owners:                                                                                          Ownership share: *

1. Michelin                                                                                       16.28%

2. Avanza Pension                                                                            6.63%

3. Handelsbanken Fonder                                                                3.74%

4. Swedbank Robur Fonder                                                              3.10%

5. Nordnet Pensionsförsäkring                                                          2.75%

6. Livförsäkringsbolaget Skandia                                                      1.98%

7. Cicero Fonder                                                                               1.50%

8. Dina Persson                                                                                 1.49%

9. Öhman Fonder                                                                              1.24%

10. Skandia Fonder                                                                           1.12%

11. Jula Holding                                                                                 0.86%

12. Coeli Asset Management                                                             0.81%

13. Atlant Fonder                                                                               0.61%

14. Stig-Arne Blom                                                                             0.57%

15. Swedbank Försäkring                                                                  0.55%

*Source: Monitor via Modular Finance

Michelin did not participate in the issue, and at the end of June, Michelin ownership of Enviro through dilution had therefore decreased from 20 to 16.28 percent. Michelin has refrained from participating in a share issue before.