Genan's objective is, in accordance with our vision, to process 10% of all scrap tyres in the world before the end of year 2020. In Western Europe and in the USA, operations will take place in 100% company owned and company operated plants. In the rest of the world, Genan is looking for turnkey partners, who have great knowledge about the local market and wish to invest in the world’s leading technology within tyre recycling.
Genan is thus looking for partners in Asia, the Middle East, Africa, South America and some countries in Eastern and South-East Europe (Russia, the Baltic countries, Ukraine, Belarus, the Balkan countries, Hungary, Romania, Bulgaria, and Turkey).
Genan will be prepared to participate in joint venture constructions with an ownership of up to 35%, provided that conditions regarding equity, service agreements, legislation etc. are fulfilled.
Cooperation with Genan does not only involve the construction of a ready-to-operate recycling plant. It gives access to more than 20 years of know-how about all aspects which are relevant for the operation and management of the business.
Maintenance service packages are offered 24 hours a day, 7 days a week, for a fixed fee per tonne of input. This will include the exchange of all wearing parts, knives etc. as well as regular service for the whole operation.
The cooperation with Genan does also include access to Genan’s customer network of global partners who purchase the rubber powder and granulate, the steel and the textile. Genan invests huge resources in the ongoing product development of high-value applications for the output, and our turnkey partners will naturally profit from this knowledge bank.
In beginning May 2014, the official Grand Opening of Genan’s 100,000 tonne tyre recycling facility will take place. The factory is the largest of its kind in the world, boasting a capacity equivalent to almost 2.5 times the total amount of tyres annually scrapped in Denmark, where the first Genan factory was built. The Houston plant represents an investment of more than USD 140 million, has been operational since the middle of 2013 and employs approx. 60 full-time staff members.
The world’s largest tyre recycling facility, Genan, is currently setting up in the French market, having decided to build a large tyre recycling plant north of Toulouse, with an annual processing capacity of 70,000 tonnes. The plant represents a EUR 56 million investment, entailing the creation of 35-40 new jobs. As early as 1 April 2014, a staff of 8 will be employed.