CIRCTEC raises €150 million led by Novo Holdings and A.P. Moller Holding to build Europe's largest end-of-life tyre pyrolysis recycling facility

CIRCTEC, a leader in pyrolysis for sustainable end-of-life tyre recycling, has raised €150 million in a financing round led by Novo Holdings and A.P. Moller Holding. The funding will be used to construct Europe's largest end-of-life tyre pyrolysis recycling facility in Delfzijl, the Netherlands, to tackle approximately 5% of the 3.6 million tons of end-of-life tyres generated in Europe annually.