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Carlton Forest Group – a tire pyrolysis equipment manufacturer and operator from the UK – reports that its pyrolysis and recycling engineer, that has dedicated his entire career to managing waste streams around the world, has won a UK Lifetime Achievement Award. Rory Hughes, Technical Director at our IRR Waste 2 Energy, part of Carlton Forest Group, scooped the award at the UK Business Tech Awards as the virtual ceremony on 25th November drew to a conclusion.

Wastefront AS – a Norewegian tire pyrolysis company – announced an exclusive long-term project delivery partnership with Devaltec LLC, a project developer and solutions provider in new and sustainable energies from the United States. Devaltec, which was first introduced to Wastefront by Vitol in 2019, will now act as the primary strategic partner to Wastefront and will co-lead the development of all upcoming projects for the next 5 years. Devaltec is contracted to successfully deliver production from multiple plants of minimum 1000 MTD, commencing with Wastefront’s first waste tire recycling plant in Sunderland, due for completion in 2023.

Are you an investor seeking for interesting investment opportunities with reliable technology and ROI rates higher than the market average? We at Weibold can help you find lucrative investment opportunities in the pyrolysis industry. Weibold is a consulting company focused exclusively at pyrolysis and tire recycling. We work hand in hand with numerous product suppliers, pyrolysis equipment manufacturers and many other stakeholders in the industry. Over the last decade, the pyrolysis industry has been steadily growing and maturing. Big multinationals like BASF, Continental, Michelin, Bridgestone and others see huge potential in the pyrolysis industry.

Scandinavian Enviro Systems – Swedish tire pyrolysis equipment supplier and operator – has issued an interim report pinpointing the company is well-positioned to meet the increased interest in tire pyrolysis oil. Below we cite short facts from the report highlighted by Enviro. Q3 2020 • Net revenues for the period were million SEK 0.2 (EUR 19700) • Earnings after tax for the period were million SEK -12.7 (EUR -1.25 million)

According to several reports by Bloomberg Law and WTHI-TV Pyrolyx USA Indiana LLC – a tire pyrolysis plant focused on recovered carbon black production – filed for Chapter 7 protection “a liquidation bankruptcy” in Delaware this Autumn. The sources say this information is confirmed by court papers. According to Bloomberg Law, Pyrolyx USA Indiana LLC reported in April that it couldn’t make loan payments backing municipal bonds sold in 2017 after it shut its plant in Terre Haute because of the coronavirus outbreak.

ShipInsight – an online magazine focused on ship operation, ship management and marine journalism – reports that an energy and commodity trader Vitol and Wastefront, the Norwegian waste tire pyrolysis company, have announced a 10-year offtake agreement for the production of liquid hydrocarbons (pyrolytic fuel oil) and certain non-liquid products which will be produced at Wastefront’s first waste tire pyrolysis plant in Sunderland, UK, on its completion in 2023. In addition to the offtake agreement, Vitol and Wastefront have also established a framework agreement for the 10-year offtake from future end-of-life tire pyrolysis plants to be developed and built by Wastefront.

Are you thinking about starting a tire recycling or pyrolysis business and don’t know where to start? Do you need help in carrying out a pre-feasibility study to see if your ideas prove commercially successful? Below we describe how Weibold’s Pre-Feasibility Study helps novices in the domain of tire recycling and pyrolysis to build a commercially successful business. To build a successful tire recycling or pyrolysis business, first of all one must identify markets and products and design sales channels, which will serve as a foundation to count profitability. This is a rather difficult task, as it is composed of many peculiar and field-specific details, whose research requires a big amount of time.

Scandinavian Enviro Systems (Enviro) reports that its representative in the UK market, 2G BioPOWER, has been granted the equivalent of EUR 240,000 in state funding for a feasibility study that will investigate the possibilities for the large-scale introduction of Enviro’s recovery technology for end-of-life tires in the UK. According to Enviro, the objectives include investigating the possibilities for recovering oil and carbon black from domestic end-of-life tires.

Despite hard efforts of the tire recycling and pyrolysis industry to develop new markets and increase recycling rates, recycled rubber based product markets demonstrate only moderate growth. To tackle the problem and allow thousands of tons of precious materials go back to consumer goods, numerous end-of-life tire management organizations, companies and research labs do their best to find new markets and develop innovative products out of scrap tire rubber.