Image: Carbon Clean Tech

A German company, Pyrolyx A.G., introduced a construction plan of a recovered carbon black (rCB) plant in Terre Haute, IN (USA), with an annual capacity estimated at 13,000 metric tons of carbon black. Approximately 4 million tires each year can be recycled at the facility once the plant commences its operation. The facility will be handled by a staff of 55 people.

Pyrolyx will finance the project with the proceeds of $30.2 million in Economic Development Solid Waste Facility Revenue Bonds issued by a U.S. subsidiary, Pyrolyx USA Indiana L.L.C., the company said.

Terre Haute is a good location for a plant because of logistics and due to help of local authorities, therefore Pyrolyx is going to build the facility at that spot. Moreover, to improve local infrastructure, the city provides funding from the Fort Harrison Business Park Tax Increment Finance district.

The plant is expected to start operating by May 2019. Construction and entire project supervision is managed by Zeppelin GmbH, which is an international construction concern. According to the company, the plant will be using pyrolysis process to recover oil and steel. Reportedly, it will be more environment-friendly than conventional carbon black production, as it will save more than 30,000 tons of CO2 each year.

Niels Raeder, CEO of Pyrolyx, said that the facility demonstrates the company’s international expansion tactics. He said that Pylolyx will be able to meet the increasing demand for recovered carbon black thanks to the boost in the plant’s manufacturing capacity. Some time before, Pyrolyx announced that it had a 10-year supply agreement with one of the world’s key masterbatch producers. However, this producer wasn’t revealed by the company.

Pyrolyx USA Inc. is responsible for commercial initiatives of Pyrolyx in Unted States. The organization is an 81/19 joint project with Reklaim Inc., which is based in Seattle and engages in pyrolysis-based tire recycling at the plant in Boardman, Washington. According to Reklaim, the plant is able to recycle almost 2 million tires each year.

Pyrolyx, which was founded in 2009, reported fiscal 2016 operating and net losses of $8.25 million and $9.72 million, respectively, on an 80.7 percent drop in revenue, to $286,739. According to management, it was the decline in oil prices in January 2016 that affected the sales oil and recovered carbon black.

According to the information revealed in company’s fiscal report in 2016, it expects profit of approximately $1.1 million via selling steel, pyrolysis oil and rCB.

Article source: Rubber News