Infiniteria has signed a multi-year agreement for the full offtake of recovered carbon black (rCB) produced at its recycling plant in Uddevalla. The agreement is based on a mutual term sheet and carries an estimated total order value of approximately SKR100m (US$10.4m) throughout the contract.
The agreement has been signed by Infiniteria, the joint venture company formed by Enviro together with Antin Infrastructure Partners and supported by Michelin. The customer is a global manufacturer of technologically high-quality sealing systems and rubber components and intends to use the recovered carbon black as a raw material in its production process.
”With this agreement, the upcoming production in Uddevalla 1 is considered fully booked for both recovered carbon black and pyrolysis oil,” said Enviro’s CEO Fredrik Emilson.
Outside the Uddevalla plant, Infiniteria is also constructing its first full-scale recycling plant, which will use Enviro’s pyrolysis technology to recover valuable raw materials such as carbon black, oil, and steel from end-of-life tires.
“The pressure to secure volume from Uddevalla has continued to be very high, and where the initial idea was to maintain spare capacity in Uddevalla to qualify new customers, we have decided to release the remaining volume to a leading rubber manufacturer with significant potential for recovered carbon black,” said Stefano Madeddu, CEO of Infiniteria.
“The entire production of the Uddevalla plant is now therefore substantially allocated. In parallel, various commercial discussions are ongoing with current and potential customers regarding additional production volumes from upcoming facilities, which are still under development and awaiting final investment decision,” said Madeddu.
The plant in Uddevalla is expected to become operational by the end of 2025 and reach the Provisional Acceptance Certificate (PAC) by mid-2026. Uddevalla 1 will have initial capacity to recycle approximately 34,500 tons of end-of-life tires per year. Once it reaches PAC, its capacity will be doubled to approximately 70,000 tons per year.
In related news, BKT recently announced its five-year strategic plan, which includes the investment of US$400m in the next three years, primarily funded internally, and is targeting US$2.6bn in total revenues by 2030. Click here to read the full story