Circtec

The company prides itself on operating resource-efficient facilities that power their operations using gases generated during the pyrolysis process, incorporate renewable energy, recover and reuse heat, and deploy multi-stage emissions control systems to drastically reduce pollution.

CIRCTEC maintains a broad presence across Europe, with two operational manufacturing plants, a third under development, and dedicated design, engineering, and R&D units.

Financially, CIRCTEC has raised over $120 million through multiple funding rounds. Notably, a €150 million investment round was supported by Novo Holdings and A.P. Moller Holding, alongside grants from the Dutch government, fueling expansion initiatives such as the construction of a major pyrolysis facility in Delfzijl.

CIRCTEC’s strategic moves include acquiring Granuband, a Benelux-based tire collection and recycling firm, strengthening its upstream feedstock supply chain. It has also secured long-term offtake agreements with industry players like BP and Birla Carbon, positioning its materials as viable commercial-grade alternatives.

Competitive benchmarking shows that CIRCTEC ranks among the top players in its sector, with competitors including Big ATOM, Black Bear Carbon, and several others specializing in tire-to-material technologies.

Together, these developments underscore CIRCTEC’s leadership in turning tire waste into sustainable resources, supporting the transition toward a circular and low-carbon industrial economy.