Artificial turf got its final breakthrough when the 3rd generation technology was introduced in the late half of the nineties. Until then, artificial turf was used widely in e.g. tennis courts and fields for American football and baseball but because the ball behaviour was quite different from that of natural turf, it was not yet considered suitable for soccer on a high level. This changed completely with the introduction of the 3rd Generation technology where rubber granulate was used as infill and thereby improved ball rebound and running characteristics.
This has lead to the complete acceptance by all the important football organisations like FIFA and UEFA, and artificial turf is now recommended for use on all levels, e.g. Champions League and the World Cup.
In a typical artificial turf, Genan rubber granulate contributes to both the infill layer (Fine, Fine-mix or Medium) as well as the manufacturing of the elastic layer, no matter whether it is built up on site (in-situ) or from prefab mats.
The operating company Genan A/S, which is part of Genan Gruppen, the largest corporation in the world within car tyre recycling, and its sister company, Genan Business & Development A/S, which handles business development and sales of turnkey plants, has today handed in the 2013 annual accounts for the Danish companies to the Danish Business Authority (Erhvervsstyrelsen).
Driftsselskabet Genan A/S, der er en del af Genan Gruppen, som er verdens største inden for genbrug af bildæk, samt søsterselskabet, Genan Business & Development A/S, der står for forretningsudvikling og salg af nøglefærdige fabrikker, har d.d. indleveret årsregnskaberne for de danske selskaber for 2013 til Erhvervsstyrelsen.
The two large Genan shareholders, pension fund PKA and founder Bent A. Nielsen, have come to an agreement in respect of the future operation of Genan. The agreement means that PKA acquires all shares from Bent A. Nielsen and his companies. The purchase price for these shares will depend on the future development of the value of the Genan companies in question.