Slowly but surely, the pieces are falling into place for our industrialisation and incipient commercialisation.
Q3 2022
- Net revenues for the period were MSEK 2.7 (1.4)
- Earnings after tax for the period were MSEK -19.5 (-11.6)
- Earnings per share for the period (before dilution) was SEK -0.03 (-0.02)
- Cash flow for the period after investments was MSEK -24.7 (-14.1)
- Enviro appoints Staffan Kullberg as new CFO
- Construction permit application submitted for Enviro’s planned facility in Uddevalla
- Enviro initiates detailed design stage for its plant in Uddevalla
Jan-Sep 2022
- Net revenues for the period were MSEK 6.0 (6.5)
- Earnings after tax for the period were MSEK -58.6 (-38.9)
- Earnings per share for the period (before dilution) was SEK -0.09 (-0.07)
- Cash flow for the period after investments was MSEK -72.3 (-39.0)
- Enviro receives a pyrolysis oil order worth MSEK 2 from a subsidiary of a leading US oil company
- Enviro receives order for recovered carbon black from a major European tyre manufacturer
- Sharp increase of interest in Enviro’s recovered materials as a result of the war in Ukraine
- Enviro granted environmental permit for planned facility in Uddevalla
- Enviro’s pyrolysis oil approved under REACH – the company is now to execute a MSEK 2 order
- Enviro launches a new branding platform
- Michelin presents an even more sustainable racing tyre using Enviro’s recovered carbon black
- Enviro granted renewed loan of MSEK 6.5 associated with Åsensbruk operations
Significant events after end of period
- Enviro receives pyrolysis oil order worth MSEK 2 from Preem
- Michelin unveils the world’s first two tyres approved for road use containing 45% and 58% of sustainable materials, respectively amongst which recovered carbon black from Enviro.
- Construction permit granted for Enviro’s planned facility in Uddevalla
- Leading US oil company has made successful production tests with Enviro’s oil
- Michelin and Bridgestone foresee that demand for up to 1 million tons of recovered carbon black by 2030