Syntoil After the EIC Accelerator: Tyre Carbon Black Seeks Buyers

15 October 20262,335 words12 min

Carbon black, the fine soot that makes tyres last, is mostly made by burning crude oil, and global demand is around 15 million tonnes a year, according to a CORDIS article on the project examined here. When old tyres are broken down by pyrolysis, heating without oxygen, a carbon-rich char comes back out, but it carries ash and other pollutants, and it has mostly been burned for energy or used as a construction filler, CORDIS notes. Syntoil, a Wrocław company founded in 2015, says it can wash that residue clean enough to go back into rubber, paint and plastics.

In the EIC Accelerator pilot's Green Deal cut-off of 19 May 2020, the European Commission selected Syntoil for a grant-only award, listing it under the name "SYNTOIL" with its project CBreCYCLE in the official list of selected companies; no partner company is named for the project. CORDIS records an EU contribution of €2,498,562.50 towards a total cost of €3,569,375, with the project running from 1 September 2020 to 31 July 2023. Three years later the company is still registered, still filing audited accounts and still listed among Europe's operating tyre pyrolysis plants. What it has not done is name a customer.

€2.50MEU grant for CBreCYCLE, May 2020 cut-off
2,000 tYearly capacity of the pilot plant, per the company's CORDIS report
PLN 3.81MRegistered share capital since June 2024
0Customers named in public

Company file

Legal entity
"Syntoil" Spółka Akcyjna, KRS 0000572719, NIP 8992772602
Registered
28 August 2015, District Court for Wrocław-Fabryczna
Registered office
Plac Powstańców Śląskich 17A/222, Wrocław
Leadership
Piotr Jaszek, president of the management board since July 2021
Supervisory board
Bogdan Sztaba, Tomasz Szymański-Sztaba, Jarosław Kryński
Staff
11 to 50, per LinkedIn and EMIS bands; no headcount filed publicly
EIC project
CBreCYCLE, EIC Accelerator pilot (Green Deal), grant only, closed July 2023
EIC Fund
Not in the EIC Fund portfolio

Where Syntoil Stands in 2026

Syntoil is an active company. Its full entry in the Polish National Court Register (KRS), current to 7 July 2026, shows annual accounts filed for every year from 2015/16 to 2025, the 2025 statement with an auditor's report, and no insolvency, liquidation or dissolution entry. krs-pobierz.pl lists the same active status, a share capital of PLN 3,808,000 and Piotr Wiesław Jaszek as the sole management board member. North Data records a word and figurative "SYNTOIL" trademark in December 2024.

Outside the register, the signs of activity are thinner. A May 2026 presentation by the consultancy Weibold to the Tire Recycling Conference, citing its February 2026 database, lists Syntoil among the operating tyre pyrolysis plants in Europe alongside Reoil and EuroEcofuel. The company's own website, in a copy archived on 31 August 2026, still carries news items that end in 2023. Its LinkedIn page shows no public posts to visitors who are not logged in.

The record

Eleven years, one EU grant, no named customer

Syntoil's public record is dense on awards, patents and register entries up to 2024, and thin on commercial news after its EIC project closed in July 2023.

  1. Aug 2015Company registeredSyntoil S.A., Wrocław, share capital PLN 102,000
  2. Oct 2015Reactor patent filedContinuous pyrolysis of rubber materials
  3. Apr 2019Purification patent filedCleaning carbonizate into carbon black, priority April 2018
  4. May 2019Chivas Venture finalist$250,000 award
  5. Dec 2019Capital raisedShare capital to PLN 3,012,000
  6. May 2020EIC Accelerator pilot cut-offCBreCYCLE, Green Deal callgrant only
  7. Sep 2020Project starts€2.50M EU grant, €3.57M budget
  8. Jul 2021CEO changePiotr Jaszek replaces Martyna Sztaba
  9. Dec 2021Budimex Startup ChallengeSecond place, PLN 30,000
  10. Jul 2023Project endsPilot plant reported operational
  11. Jun 2024US patent grantedUS 12,006,215, purification method
  12. Feb 2026Listed as operatingWeibold database of European tyre pyrolysis plants
  13. Jul 20262025 accounts filedKRS, with auditor's reportactive

KRS (Polish National Court Register), North Data, CORDIS, Google Patents, European Rubber Journal, Budimex, Weibold.

The Technology: Washing the Soot

Carbon black is the reinforcing filler that gives tyres their strength and wear resistance, and it is also the black pigment in inks, plastics and coatings. Virgin carbon black is produced mainly by burning crude oil. Recovered carbon black (rCB) comes out of tyre pyrolysis as a contaminated char, and its lower quality has kept it out of uses such as paints and pigments, according to the CORDIS Results in Brief; the PARP awards catalogue of 2020 says such char "used to be burned in cement factories because nobody knew how to clean the product".

Syntoil works on both steps. Its first patent family, filed in October 2015 as EP 3156473, covers a reactor for continuous pyrolysis of rubber, which the company told the European Rubber Journal in 2019 runs on rubber granules rather than whole tyres, with steel removed before the reactor. Its second covers the cleaning: in the method published as EP 3781631, the char is treated with a bicarbonate, then hot deionised water and a strong mineral acid, filtered, treated with a strong base, washed and dried. The United States granted the purification patent as US 12,006,215 on 11 June 2024.

The CORDIS Results in Brief, published in December 2023, says the pyrolysis is heated entirely by electricity rather than by burning gas, and that the purified char reaches the level of virgin carbon black. Syntoil's selling point is purity: enough, it says, for paints and pigments, a market that lower-grade rCB has struggled to enter. The company has also described a water-dilutable black pigment for colouring concrete and mortar, according to Spider's Web, and a "We Did It in Poland" campaign entry lists a plasticising and colouring additive for concrete based on its carbon black. No independent test of its purity has been published.

"We're proud to be part of a global shift where used materials are treated as valuable products, not waste."

Martyna Sztaba, CBreCYCLE project coordinator, to CORDIS, December 2023

The climate case rests on the company's own numbers, and they have moved. In the 2020 Polish Product of the Future catalogue, which gave Syntoil a distinction, the company put virgin carbon black at up to 6 tonnes of CO2 per tonne and its own at less than a tonne; the International Rubber Study Group repeated those figures in July 2021. In the 2023 CORDIS article, the comparison became 1.5 to 2.5 tonnes for virgin carbon black against less than 0.5 tonnes for Syntoil's. Both versions favour Syntoil, but the baseline fell by more than half, and no life-cycle assessment has been published to settle either.

The climate claim

Syntoil's CO2 figures changed between 2020 and 2023

Tonnes of CO2 per tonne of carbon black, as stated by the company. In 2020 it put virgin carbon black at up to 6 tonnes and its own at under 1; in 2023 it gave 1.5 to 2.5 tonnes against under 0.5. No independent life-cycle assessment is public.

PARP Polish Product of the Future catalogue (2020); CORDIS Results in Brief (December 2023). Upper bounds shown.

What CBreCYCLE Promised, and What CORDIS Shows

The CORDIS objective set three aims: an industrial-scale demonstrator to prove that the process scales, recovered carbon black sold "at a price level lower than the market price" of oil-based carbon black, and "personalized" grades for high-value uses, as the foundation for commercialisation in an rCB market the company put at nearly €450 million in 2023. When the grant was announced, the company's news page said the project would "last for two years more"; CORDIS gives an end date of 31 July 2023, 35 months after the start.

The project budget

The EU paid 70% of the CBreCYCLE budget

CORDIS lists a total cost of €3,569,375 and an EU contribution of €2,498,562.50. Syntoil covered the remaining €1,070,812.50.

CORDIS, project 101009283. Values in € millions.

The final periodic report, covering September 2021 to July 2023, says the existing facilities were expanded into an industrial-scale pilot plant designed to process "2,000 tonnes of pure material per year", combining a continuous pyrolysis line for rubber granules with a soot-cleaning line, powered by energy from the pyrolysis itself, and that "our pilot plant is now operational". On customers it says only that rCB samples "have garnered attention from industry leaders in the pigment and rubber market". The report names no buyer, gives no sales volume and gives no price. Where the plant stands is not stated in any source found.

  1. Industrial-scale demonstratorDelivered2,000-tonne pilot plant reported operational in the CORDIS report; Weibold lists Syntoil as operating in February 2026.
  2. Personalised rCB grades for pigments and paintsPartlyConcrete pigment and additive described by the company; no published specification or third-party test.
  3. rCB cheaper than oil-based carbon blackUnverifiedNo price or cost figure published.
  4. Commercial sales after the projectNot achievedNo customer, contract or sales volume announced by Syntoil or a third party since July 2023.

The plant is the strongest result: the EIC paid for a scale-up and the company reports one, confirmed in outline by an industry database three years later. The commercial half of the plan is where the record goes quiet. In 2020 and 2021 the company said it had signed sales and cooperation agreements with carbon black distributors and rubber goods makers, according to the PARP catalogue and the IRSG. None of those partners has been named.

The Money and the Owners

Syntoil's early funding came from prizes and its founders. In 2019 it was a finalist of the Chivas Venture competition and received $250,000 (€222,000), according to the European Rubber Journal. In December 2021 it came second in the first Budimex Startup Challenge, which Budimex announced on 17 December 2021 and for which Spider's Web reported a PLN 30,000 prize. In 2018, before any EU money, co-founder Bogdan Sztaba told money.pl that one installation would process 6,000 tonnes of tyres a year, cost about €3.3 million and pay for itself in three years, and that the company had been turned down for a national PARP grant.

The KRS extract shows the share capital rising from PLN 102,000 at registration, when the company had a single shareholder whose name the public extract masks, to PLN 3,012,000 in December 2019, then to PLN 3,583,000 in November 2022 and PLN 3,808,000 in June 2024, in PLN 1,000 shares. The extract does not show the price paid for the new shares, so the cash raised cannot be derived from it. No venture round, investor or EIC Fund stake has been announced: Syntoil does not appear on any of the 16 pages of the EIC Fund's list of invested companies, which matches the grant-only award.

The register

Share capital grew in four steps after 2019

Registered share capital, in PLN 1,000 shares. A capital increase shows that new shares were issued; the price paid for them, and so the cash raised, is not in the register extract.

KRS full extract, KRS 0000572719. Values in PLN millions.

What could not be checked

Syntoil has filed audited accounts every year, but the statements sit in the KRS financial documents repository, which blocked automated access, and the commercial databases that summarise them (North Data, iMSiG, EMIS) show revenue, profit and equity only to subscribers. Revenue, losses, equity and staff numbers could therefore not be verified for this article. Whether the 2,000-tonne pilot plant has moved to steady commercial output is also not public.

The management has changed once. Martyna Sztaba, named as a co-founder by the European Rubber Journal, was president of the management board from December 2019, with Piotr Jaszek as her deputy; in July 2021 Jaszek took over as president, according to North Data. Sztaba remained the named project coordinator in the 2023 CORDIS article. CORDIS lists no other EU project for the company.

Why Europe Should Care

End-of-life tyres are a large, steady waste stream: around 1 billion are discarded worldwide each year and only about half are recycled, the CORDIS article says, while each tonne of virgin carbon black comes from crude oil. Recovering it fits the Circular Economy Action Plan the Commission adopted on 11 March 2020 as a building block of the European Green Deal, which noted that only 12% of secondary materials and resources were being brought back into the economy. CBreCYCLE was funded in the Green Deal call that followed two months later.

The market around Syntoil is now moving. Weibold's 2026 presentation describes Europe as "rapidly developing to become an ELT pyrolysis hub", with capacity going from about 200,000 tonnes a year today towards about 1 million tonnes in the near future, and maps plants operating, under construction or planned across the continent. That is an opportunity for a company with a cleaning process to sell, and a risk for one whose product has no named buyer while larger plants come online.

What the company said

Recovered carbon black clean enough to replace oil-based grades, cheaper than the market price, in a market of nearly €450 million, from installations that pay for themselves in three years.

What the record shows

A pilot plant reported operational, a granted US patent and annual filings. No customer, sales volume, price or independent quality test has been published, and the company's own news stops in 2023.

The Verdict

A plant without a public market

Syntoil did the engineering half of its EIC project: it reports a working pilot line, has a granted US patent and European patent filings, and is still a going concern that files audited accounts. The commercial half, rCB sold at scale to rubber and pigment makers, has no public evidence three years after the grant ended. Until a buyer is named or sales figures appear, CBreCYCLE counts as partly delivered.

Syntoil has not been asked for comment for this article. It is based entirely on public records, company statements and EU project data, linked throughout.

Industry

Climate and environmentRecycling

Focus
  • Tyre recycling
Technologies
  • Thermal processing
  • Separation technology
Keywords
  • Recovered carbon black
  • Tyre pyrolysis
  • Carbon black
  • Circular economy
  • Chemical purification