English Version
Uddevalla, Sweden – 26 April 2026
Infiniteria takes note of Scandinavian Enviro Systems AB’s (“Enviro”) submission to the Gothenburg District Court and the related press release issued by Enviro on 23 April 2026 concerning Infiniteria’s request to terminate Enviro’s company reorganisation.
Infiniteria rejects Enviro’s assertion that Enviro has acted in accordance with the joint venture and license agreements; to the contrary, it is Infiniteria’s firm view that Enviro has and continues to be in breach of its obligations under those agreements.
Infiniteria firmly rejects Enviro’s characterisation of the contractual limitations of liability. As Enviro itself acknowledges in its press release, such limitations do not apply in circumstances of gross negligence or wilful breach. It is Infiniteria’s position that Enviro’s purported terminations are made under circumstances where Enviro had no such right under the agreements, and constitute wilful breaches in themselves. It is Infiniteria’s view that Enviro has also wilfully breached other contractual obligations and that such breaches will be found in the relevant proceedings.
Infiniteria contends that, in the circumstances at hand, the License Agreement cannot be terminated in the manner Enviro has purported to do. It is Infiniteria’s firm view that Enviro’s legal arguments are flawed and that Infiniteria retains exclusive rights to use Enviro’s patented technology in Europe. Accordingly, Infiniteria will take all necessary legal steps to fully protect and enforce these exclusive rights. This includes pursuing legal action against Enviro and against any third party that uses, implements, or otherwise benefits from Enviro’s patented technology in Europe in breach of Infiniteria’s exclusive rights under the License Agreement.
Infiniteria submitted its request for termination of the company reorganisation based on a thorough assessment in which Infiniteria concluded that conditions for a successful reorganisation are not met and that Enviro has not presented a viable or credible plan to the contrary.
Infiniteria notes that several of Enviro’s major creditors, including leading technical consultants, in their submissions to the District Court, have made their views known that the conditions for a successful reorganisation are not in place.
Infiniteria’s preliminary assessment of the losses it has suffered as a result of Enviro’s actions is in excess of EUR 84 million, and Infiniteria is confident – based on the work undertaken to date – that it will be able to demonstrate these losses in formal proceedings.
Infiniteria and Enviro’s differing positions will be resolved through court and arbitration proceedings, respectively.
Infiniteria remains fully committed to completing the Uddevalla facility as soon as possible and to delivering on its customer commitments. The company is evaluating all available options to safeguard the investments made to date, to support the timely completion of the Uddevalla project, and to advance its broader strategy of building a leading European tyre recycling business.