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DateInvestorsAmountRound
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N/A

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€12.5m

Debt
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€75.0m

Growth Equity VC
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€22.5m

Grant
Total FundingCAD146m

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CIRCTEC is a pioneering company headquartered in the United Kingdom, specializing in the production of sustainable drop-in fuels and circular chemicals derived from end-of-life tyres. Operating across five countries in Europe, CIRCTEC has two manufacturing plants with a third under development, alongside design engineering and research development units. The company serves clients in the chemical, petrochemical, and oil sectors, focusing on innovation and technology leadership to scale sustainability. CIRCTEC's business model revolves around converting waste tyres into valuable products such as recycled carbon black and sustainable fuels, thereby reducing CO2 emissions and promoting a circular economy. The company generates revenue by selling these high-demand, eco-friendly products to industries that require sustainable alternatives. CIRCTEC's operations are highly energy-efficient, utilizing gases produced in their processes to power plant operations and integrating renewable energy sources to minimize fossil fuel usage. The company also emphasizes waste minimization, heat recovery, and the reuse of energy from neighboring processes.

Keywords: sustainable fuels, circular chemicals, end-of-life tyres, CO2 reduction, recycled carbon black, energy efficiency, renewable energy, petrochemical, oil sector, innovation.