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This article should give an overview over the recent development trends regarding the options for an upgrade of the tire-derived oil (TDO) with chemical and physical techniques. In two previous articles we have already dealt with the production of limonene and highlighted the advantages of fractional distillation of TDO. Introduction Refiners around the world are looking for alternatives to producing fuels from petrochemicals only. This is due to expected future declines in crude oil reserves combined with significant fuel demand growth expectations throughout the world and increasing environmental awareness among the population.
Black Bear Carbon (“BBC”), the Dutch technology provider for recycling end-of-life tire rubber into recovered Carbon Black (rCB) and renewable petrochemicals, has announced that is had successfully completed a first closing of €7.5M , this is the first step in a fundraising campaign of €78M for its new BBC flagship plant at Chemelot Industrial Park, the Netherlands. The investment round was led by Capricorn Partners from the Capricorn Sustainable Chemistry Fund, with support from Invest-NL, joined by current investors; Brightlands Venture Partners, Siam Cement Chemicals and others.