TPI Review · Company Profile
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Enrestec — №4
Taiwan's listed tire-pyrolysis pioneer — continuous 24/7 operation since 2013.
Profile
Base & approach
Taiwan (TPEX:7507); continuous tire pyrolysis operating since 2013.
Product
Recovered carbon black, pyrolysis oil and recovered steel — roughly 12,000 t/yr rCB and 16,000 t/yr oil at Tainan.
Licensing
Licensed its process to Eco Infinic (Thailand); Toyota Tsusho equity participation.
Financials
2025 public filings: c.NT$389M (~$12M) revenue against a c.NT$56M net loss — profitable in 2023 before this scaling phase.
Longevity
Not the field's longest-running: Nippon Steel Corporation's Hirohata works (Japan) has recovered tyres for steelmaking since 1999, with dedicated rotary-kiln pyrolysis from 2004 — the world's longest-running and largest tire-pyrolysis operation (~200 tpd / >70,000 t/yr). It uses the recovered char directly as coke for steel, not as rCB. Source: Nippon Steel Technical Report No. 104 (2013).
Our assessment
“Enrestec is one of the world's earlier continuous 24/7 tire-pyrolysis operations, still running since 2013. Its public accounts are honest about the cost of scale — revenue up, margin pressured — which is the transparency this field usually lacks.”