Scandinavian Enviro Systems and Antin Infrastructure Partners to Create the World’s First Large-scale Tire Recycling Group, Supported by Michelin
Summary
The joint venture between Enviro and Antin’s NextGen platform will develop, with the support of Michelin, end-of-life tire recycling plants throughout Europe to produce sustainable raw materials. Enviros patented pyrolysis technology and its highly experienced management team, combined with Michelins world leading position in sustainable tires, makes this an ideal platform. Antin has always been at the forefront of identifying key areas of tomorrow’s infrastructure and we believe this JV will play a critical role in accelerating Europe’s circular economy. This is further proof of Michelins ability to step up to achieve its 2050 strategic ambitions and reduce the tires overall environmental impact by forging innovative partnerships for an ever more circular industry.” Scandinavian Enviro Systems contributes to enhanced environmental and economic sustainability using a patented technology for the recovery of valuable raw materials from scrapped and end-of-life products, including tires. With offices in Paris, London, New York, Singapore and Luxembourg, Antin employs over 200 professionals dedicated to growing, improving and transforming infrastructure businesses while delivering long-term value to portfolio companies and investors.