Prismore Capital, BDI-BioEnergy International GmbH, and JR New Horizons (the investment arm of the Rieckermann Group) have joined forces to acquire Grupo BB&G’s advanced tire pyrolysis technology. The acquisition includes patents, operational know-how, a demonstration plant located in Portugal, and an existing collaboration with major industry players, including Bridgestone EMEA and Versalis (ENI).

The investment is being executed through BB&G Recycling, a newly established joint venture. It aims to develop and commercialize the innovative pyrolysis process that transforms end-of-life tires into valuable materials such as tire pyrolysis oil (TPO) and recovered carbon black (rCB). These outputs can be reused in manufacturing new tires or other rubber and plastic-based products, promoting a circular economy.

The decision to invest in BB&G was initiated by Prismore Capital, who approached BDI as a potential technology and strategic partner following BDI’s co-acquisition by Rieckermann in early 2024. BDI is widely recognized for its expertise in greentech and circular economy solutions, and this move broadens its footprint in the pyrolysis sector.

The joint venture’s roadmap includes technology development, operational rollout of industrial-scale plants, and global licensing of the process. The goal is to address growing environmental concerns tied to tire waste by offering scalable, circular solutions that reduce reliance on fossil-based raw materials.

Miguel Gil Mata, CEO of Prismore Capital, commented: “This strategic investment marks a significant milestone in our efforts to strengthen and scale our circular economy vertical. We are excited to collaborate with BDI and Rieckermann to bring this cutting-edge technology to market.”

David Niederl and Manfred Baumgartner, Managing Directors of BDI, commented: “BDI is proud to be the technology partner in this joint venture. The innovative tire pyrolysis technology not only addresses a critical environmental issue but also promotes a circular economy by converting end-of-life tires into valuable products. This strategic investment also allows us to diversify and strengthen our position in pyrolysis technologies, thereby fostering innovation and technological advancements within the industry.”

Flynn Seidel, Chairman of Rieckermann GmbH, added: “With the tire pyrolysis technology, our customers in Asia can look forward to the development of new and improved products and high-quality, sustainable options. Leveraging on the Rieckermann Group’s extensive operating network in Asia and MENA, we can effectively market the technology licenses and solidify BB&G’s position and ours as the first choice industrial solution provider.”

The acquisition reinforces the commitment of all partners to advance sustainable manufacturing, reduce waste, and build a global circular tire economy.

To learn more, proceed to the original article by BDI-BioEnergy International GmbH.