McDermott International awarded FEED contract for end-of-life tire pyrolysis project
On August 5, 2021, a press release by McDermott International informed announced the company has been awarded a Front-End Engineering Design (FEED) contract from the Michelin Group in France for an innovative waste tire technology enabling large-scale production of recycled carbon black—a key ingredient in advancing the next generation of sustainable tires. This award follows a similar FEED announcement in April, which is focusing on the production of regenerated styrene to make synthetic rubber for tires. Incorporating Scandinavian Enviro Systems' licensed pyrolysis process, a technology that separates bulky waste into raw materials for repeated production, the implementation of this waste-to-value solution further advances Michelin's commitment to building a circular economy and increasing the demand—and availability—of sustainable materials.