BLOWDEC
Waste plastic, tire and oil sludge recycling plus heavy oil upgrading technology for oil industry operators
Highlights
- Young companyFounded 2022
- New on EvolcAdded 2026-10-17
About BLOWDEC
BLOWDEC develops the BlowDec® process, a technology that recycles waste plastics, scrap tires, waste oil and oil sludges and upgrades heavy oils and bitumen into light hydrocarbon products. The company describes the method as usable across liquid, solid and slurry inputs.
Its customers are organisations in the crude oil and waste management sectors that want to recover hydrocarbon value from waste and heavy oil streams. The website describes the company as an engineering company that offers technology and machinery, but does not describe its pricing or revenue model.
The company is based in Banská Bystrica, Slovakia, and was founded in December 2022 as BLOWDEC, s.r.o. The website states that the process is patented in several countries, including Canada and the USA, and names founder Ivan Madar, who has led R&D since founding the engineering company Roil Trade in 1996.
Product: BlowDec® process technology and machinery for recycling waste plastics, tires, oils and sludges and upgrading heavy oil.
Financials
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Revenue | €0 | €0 | €0 | €0 |
| EBITDA | −€2 | — | — | −€812 |
| Operating profit | −€2 | — | — | −€812 |
| Net profit | −€349 | −€353 | −€112 | −€812 |
| Personnel costs | €0 | €0 | €0 | €0 |
| Total assets | €4k | €4k | €9k | €4k |
| Cash | €4k | €4k | €9k | €4k |
| Liabilities | €340 | €340 | €5k | €0 |
| Equity | €3k | €4k | €4k | €4k |
As filed with RÚZ (Slovak register of financial statements). Each year links to its statement.
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Leadership
- Ivan Madar · CEO, Founder & R&D DirectorSource: company website
- Martin Juriga · Head of Construction and MachinerySource: company website
Tech stack
- Google Analytics 4
- PHP
