Scandinavian Enviro Systems and Siemens has signed a MOU, memorandum of understanding, regarding a collaboration in support of the European expansion plan that Enviro announced earlier this year together with Antin Infrastructure Partners. Through the collaboration, Enviro gets access to Siemens' extensive experience in automation and digitalization for efficient industrial production. The MOU was signed in connection with Siemens' now ongoing Siemens NordX Circle seminar, focusing on sustainability and digitalization, where Enviro's CEO Thomas Sörensson is one of the speakers.

A number of international business leaders participate in the seminar, including Siemens' sustainability manager Judith Wiese, who is the seminar's keynote speaker. Together with Antin Infrastructure Partners, and with the support of Michelin, Enviro has formed the world's first large-scale tire recycling company and with the plan to establish recycling facilities in Europe by 2030 with a total annual recycling capacity of 1 million tons of end-of-life tires. Siemens is already a supplier of both hardware and software to the tire industry and, with its focus on sustainability and digitalization, has a great interest in supporting Enviro during the upcoming phase of broad industrialization.

The core of the tire recycling company's upcoming industrial expansion is Enviro's proprietary and module-based recycling technology that makes it possible to extract valuable raw materials from used tires, including carbon black and oil. The volume of end-of-life tires is growing steadily and amounts to 3.5 million tonnes per year in Europe alone.