World-largest tyre recycler, Danish environmental company Genan, achieved a record turnover of more than EUR 62 million last year, representing a 4.6% increase in comparison with the previous year. Yet earnings dropped from close to EUR 3.5 million in 2021 to EUR 1.5 million in 2022 – mainly due to high energy and freight prices.
No matter whether you enjoy horse riding as your hobby or professionally, the weather is a significant parameter when it comes to outdoor riding.
Especially in the Nordic countries, where rain and sleet, snow and frost are weather report standards many days of the year, countless riding hours are spent in indoor riding arenas. The outdoor track is just one big puddle or hard as rock after several days with sub-zero temperatures.
However, using rubber granulate as top layer in horse riding arenas provides a dry and frost-free arena all year round.
Read the case story here: Outdoor horse riding all year round thanks to frost-free surface
As a part of Genan’s strategic and persistently systematic work on Quality, Environment, Health & Safety and Energy Management, we follow the requirements outlined in the following four international standards: ISO 9001 (quality management), ISO 14001 (environmental management), ISO 45001 (occupational health and safety management) and ISO 50001 (energy management).
Thanks to operational excellence and cross-factory knowledge sharing as well as the determined efforts of Genan staff at all locations, we have managed to achieve these globally valid certifications of our six tyre recycling plants. In December 2021, all six factories were audited by certification company GUTcert, and we now proudly present the result: four separate ISO certifications, each covering all six Genan plants.
These four ISO certificates illustrate the strict requirements we impose on ourselves in respect of both quality, workplace safety, environmental responsibility as well as when it comes to structuring our energy management for energy-saving operation at all Genan plants –striving for a sustainable future.
Last year, Danish-owned but international environmental company Genan reached an all-time high turnover of EUR 60m. The past year has been characterised by increasing material, freight and energy prices, which – in Genan’s case – have both positive and negative impact. Overall, the Genan group emerges stronger after a year also distinguishing itself by a change of ownership – with Maj Invest Equity as new majority shareholder.
As a strong support to our company values, Transparency, Quality and Innovation, we now present the Genan SCAN4DATA application.
We experience an increasing demand for documentation and proof of origin from our surroundings, such as customers, public authorities, environmental organisations, etc. Therefore, we have launched the Genan SCAN4DATA application, which is an innovative tool providing full transparency of the quality scores of your Genan products.
By scanning the QR codes on your received Big Bags, the app allows you to access all technical product information like Technical Data Sheets (TDS), Safety Data Sheets (SDS) and Sieve curves – and you can even find quality test results from the Genan laboratory and from external laboratories as well. All data is presented on screen and is also available for download.
To access you just need to follow this link on your phone or tablet: https://scan.genan.com/
We are pleased to inform you that the fire brigade had all five flaming tyre piles in our factory yard in Oranienburg under control already on Thursday evening, 31 March 2022.
We started up our production again already on Thursday afternoon, and as of today, Friday 1 April 2022, our valued customers can again both deliver tyres and pick up goods.
On Wednesday evening, 30 March 2022, around 22.35 o’clock, one of our production workers at the factory in Oranienburg, Germany, noticed that 5 piles of tyres in different places at our outdoor facilities were on fire.
A large number of firefighters have been on site throughout the night and are still battling fires; yet, all fires are under control, and no one has suffered any injury.
Our buildings have fortunately not caught fire; but for safety reasons, the production was of course immediately shut down, when fires were discovered late Wednesday evening.
Today, Thursday 31 March 2022, the Oranienburg factory is closed for the drop-off of tyres as well as the pick-up of goods.
We monitor the situation closely, but the way it looks now, we expect operations to be close to normal again as of tomorrow, Friday 1 April 2022.
We will continually update this news statement when we receive new information. We expect the fire brigade to continue their work throughout the day, and subsequently, we will await police investigations to determine the cause of fire.
We would like to express our gratitude to the fire brigade for their efforts to put out fires – and to our colleagues in Oranienburg for having acted quickly and safely when the fire broke out, and for now assisting firefighters.
The first Delegated Act about sustainable finance has been enacted and passed by the EU. The Act includes 6 categories – among them is climate change mitigation.
Sustainability is the core of everything in Genan. It is in the very DNA of the company and its employees. To Genan, sustainability means aiming for a greener planet by doing our best in all of our processes from the intake of end-of-life tyres to the production of clean, high-quality products.
Now, these values are put into practice in the EU taxonomy. Genan is in full alignment with the newly approved standards and thus classified as a sustainable investment in terms of climate change mitigation.
It is vital to direct investments towards sustainable projects and activities to meet the EU’s climate and energy targets for 2030 and reach the objectives of the European Green Deal. To do so, a common language and a clear definition of what is ‘sustainable’ is a must – an “EU taxonomy”.
The EU taxonomy is a classification system, establishing a list of environmentally sustainable, economic activities, and it entails several advantages; it plays an important role helping the EU scale up sustainable investment and implement the European Green Deal; it provides companies, investors and policymakers with definitions for which economic activities can be considered environmentally sustainable; and it protects investors from greenwashing.
Genan is proud to be considered a sustainable investment according to the EU taxonomy.
Read more about the EU taxonomy here.
Read the Commission Delegated Regulation here.
Published January 2022 by Poul Steen Rasmussen, Group CEO
Yesterday’s paper, an empty plastic container, a torn jumper and a worn-out tyre – completely different things which have one thing in common: they are all categorised as waste. At the same time, however, they are important, recyclable resources, which our planet cannot afford missing out on in the battle towards climate change mitigation and a sustainable future. When it comes to recycling, we cannot sit back and save the aces; sooner or later, the game is over.
Currently, it is not clearly defined when waste becomes a raw material from recycling.
In other words: When will processed rubber from worn-out tyres, separated from textile and steel in an advanced industrial process, achieve end-of-waste status (EoW)? When is it no longer waste?
What is a good, solid and fruitful collaboration between two companies?
Read this case story to learn what the business relationship with Genan means to our British customer Footfall.
