Enviro, however, has not finalized the decision to establish the new plant, stating that the final decision will depend on several factors, such as securing access to end-of-life tires (ELTs) and agreements covering deliveries of recovered materials.
If finalized, the company said it expects the new facility to be completed during the fourth quarter of 2023.
The long-term plan for the facility in Uddevalla is to process up to 60 ktpa of waste tires, which Enviro said will amount to nearly half of Sweden's total annual ELT volume.
The project will be in addition to Enviro's existing plant in Åsensbruk, Mellerud, which currently recycles 15 ktpa of waste tires.
The move is part of Enviro's "aggressive expansion plan" which was announced in May.
As part of the plan, the Swedish recycler aims to establish up to four new facilities per year to ultimately build 30 plants by 2030. West Sweden and Central Europe have been identified as initial priority markets.
Enviro has developed a patented technology to recover carbon black, oil and steel from end-of-life vehicle tires.
