The Genan scrap tyre recycling concept is unique. In a highly technological process, developed and optimized through practical experience over more than 20 years, all kinds of scrap tyres, may it be from passenger cars, vans, trucks, tractors or large earth moving machines, are separated into the original elements: rubber, steel and textile.
The technology is completely automated. No human hand touches the tyres from start to end, and this ensures a consistent and high quality of the output. Other suppliers of recycled rubber are found in the marketplace, but none are able to produce a uniform, clean and consistent product like Genan.
A new tyre must be of very high quality. It must be resistant to bumps and high as well as low temperatures. For the driver this is simply a matter of life and death and the tyre manufacturers are very well aware of this. Therefore they are only using the very best raw materials in the production of new tyres. And when these materials are recycled using the Genan technology, high quality still remains.
The output from a Genan plant consists of 67% rubber powder and granulate, 18% steel, 14% textile and 1% waste, which primarily stems from impurities like sand and stones absorbed by the scrap tyres.
99% of the output is therefore recycled for good use in new applications which are able to substitute virgin materials.
The rubber is used in numerous applications, currently the most important being modification of asphalt and bitumen, infill in artificial turf and industrial rubber applications.
The steel is remelted in large steel works. The textile has so far been incinerated for energy recovery but is currently going through a comprehensive product development which will lead to final products within the noise and heat insulation industry.
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.