United States · Chemicals startup

Circtec

Circtec is a London-based technology company founded in 2009 that focuses on the circular economy by converting end-of-life tyres into sustainable fuels and chemicals.

Funding reportedLast round: Undisclosed round

ChemicalsTerre Haute, United States

About Circtec

Circtec is a London-based technology company founded in 2009 that focuses on the circular economy by converting end-of-life tyres into sustainable fuels and chemicals.

Utilizing its proprietary CIFRTM pyrolysis technology, Circtec thermally decomposes tyres in an oxygen-free environment, producing renewable fuels and chemical feedstocks. The company operates two commercial demonstration plants in Poland and Germany, with a third plant under construction in the Netherlands. Circtec offers sustainable tyre recycling solutions and provides design, engineering, and research services to scale chemical recycling processes. Its product portfolio includes sustainable drop-in fuels, circular chemicals like naphtha, and recovered carbon black, which serves as a non-fossil alternative in various manufacturing sectors. The company primarily serves the chemical, petrochemical, oil, rubber, and plastic industries, positioning itself as a key supplier of renewable and circular products for global industrial partners.

What company datasets say Circtec raised

Funding, as reported

Reported in all$173Min dollars
Rounds2
Last roundUndisclosed round
Last round size$83M
Last round dateMay 2024
Investors listed3

The company, in detail

What they build

Known for

industrial automationoil and gaspyrolysis technologyclean energy & technologysustainable carbonaceous materialsco2 emissions reductionemissions controlmanufacturingconstruction & real estatepetrochemicalpyrolysisrenewable energy integrationwaste managementsustainable manufacturingrenewable fuelsliquid chemicals

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Sector
Chemicals
Industry code
NAICS 32599, 324110, 562920, SIC 2899, 2911, 5093
Region
Indiana
Revenue
$5.6M a year, as listed
Full record
Every detail in the company directory

Chemicals in United States

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