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.
Founder and chairman of the board Bent A. Nielsen is resigning as chairman, but continues as board member. This reorganization is at the same time part of a generational handover as Bent Nielsen secedes from day to day management. In his place, Morten Amtrup takes office as group managing director, and the generational succession is furthermore implemented by Kent Nielsen taking office as strategic director of Genan Gruppen GmbH, being directly responsible to the advisory board of the company, and through Lene Nielsen’s continuance as member of the board of directors of Genan Business & Development.
On 5 May 2014, Genan celebrated the Grand Opening of its new, state-of-the-art tyre recycling facility in Houston, Texas. The new factory is the largest of its kind in the world and has brought modernized, climate friendly recycling technology to the United States. The Houston facility will employ approximately 60 workers and was constructed over the last two years with an investment of $140 million. The new plant has the capacity to recycle 100,000 tonnes of used tyres a year, about a third of all the used tyres in Texas.
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.