This "news" is game changer for EWI and stock price Michelin Investment in Enviro Changes WindSpace Direction
Danish firm WindSpace has announced a partnership agreement with Canadian firm Environmental Waste International (EWI) for the Development of Tire Recycling Plants in Europe.
EWI’s patented Reverse Polymerisation technology and microwave delivery system will be developed at Windspace’s Elysium Nordic plant in Nyborg, Denmark.
The proposed Joint Venture with Enviro Systems has been set aside as the investment by Michelin in Scandinavian Enviro sees the company look in a different direction to further develop their pyrolysis project in partnership with Michelin. Brief details of this are available in Enviro’s latest report to June 2020.