Environmental tech company Entyr commodities company Trafigura signed two official agreements that involve Trafigura off-taking 100% of Entyr’s tyre pyrolysis oil, carbon char, and recovered carbon black production from all current and future Entyr facilities.
The collaboration agreement also involves Trafigura supporting the technological and product development of Entyr, with potential joint evaluation of future project development.
Trafigura may also invest in future projects or subscribe for shares in Entyr.
The agreement is designed to facilitate the production of high-quality materials from waste tyres, thereby supporting the shift towards a sustainable economy.