TPI Review · Company Profile
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Circtec — №2
Europe's largest recovered-carbon-black operation, anchored at Farmsum, backed by a large funded expansion.
Profile
Base & approach
Netherlands; large-scale tire pyrolysis producing recovered carbon black, pyrolysis oil and recovered gas.
Product
Circtec rCB and pyrolysis oil, routed into Tier-1 offtake and petrochemical alternatives.
Feedstock
Waste-tire supply secured across the Benelux.
Funding
€150M raised — Novo Holdings, A.P. Moller and Dutch government support — toward expanding Farmsum capacity.
Our assessment
“On operating scale Circtec leads Europe. Its financial results are not published, so this placement rests on installed capacity and funded capital rather than a demonstrated profit — the same bar applied across the field.”