Circtec acquires tire recycling company Granuband B.V.
London, England – Circtec Ltd has acquired Granuband B.V., a leading Netherlands end-of-life tire collection and recycling company. With a substantial recycling plant in the industrial port of Amsterdam, capable of processing 50,000 tons per year of end-of-life tires into granulate, molded products and tire chips, Granuband is one of the main end-of-life tire recycling companies in the Benelux region.
Granuband has been incorporated into the Circtec group and will now manage the feedstock requirements for Circtec’s new plant under construction at Delfzijl, The Netherlands. Additionally, it will continue to operate production of molded rubber products, meaning that Circtec group now produces a full range of end-of-life tire recycling products, from both mechanical and chemical recycling, including granulate, molded products, recovered carbon black, circular petrochemical feedstock and refined renewable fuels. Circtec is the first company globally to have the integrated capability at industrial scale to produce a full range of both mechanical and chemical end-of-life tire recycling products. Maarten van Randeraat, the founder and Managing Director of Granuband will remain with the company, joining Circtec to head up the feedstock supply function for the group. Circtec previously announced that construction of their Delfzijl plant had started at a project launch ceremony last month, following successful completion of a €150 million funding round. The acquisition of Granuband means that Circtec has created a value chain that is fully vertically integrated, allowing a single company to collect end-of-life tires at the point of arising in the Benelux region, and process them all the way through to supply back to industry of high value recycled chemicals and renewable fuel products, including recovered carbon black for the manufacture of new tires. This closes the recycling loop enabling Circtec to offer unrivalled traceability, product control and environmental transparency in the chemical recycling sector.
The Granuband plant in Amsterdam is one of Europe’s most sophisticated end-of-life tire mechanical
recycling plants, with automated tire selection, robotic production and direct access to bulk marine
transport in the industrial port of Amsterdam. The deep-water port logistical capability means that endof-
life tires can also be brought in from across Europe by ship for processing and supply to the
Delfzijl plant, giving Circtec a Europe-wide logistical reach. The technological capability and
intellectual property acquired into the group will also give Circtec the capability to produce recycled
chemical products with traceability back to individual tire manufacturers’ tires through automated
sorting of end-of-life tires.
Allen Timpany, CEO and Cofounder of Circtec, said: “It is an important step that Granuband has
become part of the Circtec group; it enables us to take control of our feedstock requirements going
forward, and to close the loop of circularity from the point that end-of-life tires come off vehicles in
Europe all the way through to the supply of new recycled chemicals to industry. This vertically
integrated strategy is a key part of Circtec’s growth plans to scale-up the business and take a
significant market share of the European end-of-life tire recycling sector.”
Maarten Van Randeraat, Managing Director and Founder at Granuband, said: “I am delighted
that the end-of-life tire collection and recycling business that I built over thirty-five years in the
Benelux region has a bright future as part of the Circtec group. Having looked at the competing
technology and models for the last few years, I concluded that Circtec was the right home for
Granuband going forward as the sector evolves and I am excited about the opportunities to lead the
feedstock development strategy of Circtec over the coming years.”