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The move comes after the Austrian firm earlier presented its innovative way of tire recycling that seeks to recycle rubber from tires into solid carbon, also known as recovered carbon black. Alternatively, the method allows getting a hydrocarbon mixture like pyrolysis oil and gas. Apart from commercial application of recycled products, the process is of value as it is totally in line with circular economy’s principles and it does not require external energy sources.

A Dutch company Black Bear is ready to advance its tire recycling process transforming tires into carbon black, and it managed to receive additional funding of €5 million; the recent growth capital follows prior funding of €11million. The most recent sum became available thanks to a venture capital company from Belgium Capricorn Venture Partners and Particon that provides investment to innovators in tech. Following this investment, the overall financing has managed to reach €16 million.

In tire recycling, one can create different types of output depending on production technology. From each output type, several applications can be produced, hence different industries and markets can be targeted. Currently, there is a wide range of products that can be developed via tire recycling. However, to significantly increase profits, R&D activities prove to be an integral part of tire recycling. Success of products on the market largely depends on the regions where they are sold.

Big Tyre Recycling Corporation (BTRC) – an innovator and ultra-high-pressure (UHP) water jetting technology supplier from Belgium – reports about its breakthroughs in technology for recycling extra-large mining and truck tires (up to R63) well known as off-the-road (OTR) tires. The company is currently looking for investors and strategic partners for construction and maintenance of OTR tire recycling units worldwide. Currently, OTR tire recycling remains a pressing issue in both developed and developing countries all around the world. Every year hundreds of thousands tons of OTR tires are stockpiled around the world while recycling rates remain negligibly small. BTRC asserts it has found not just commercially viable, but a highly-profitable solution to tackle the global issue.

Tire recycling businesses focused on rubber mulch, crumb rubber and rubber powder production now have a chance to make their operations even more green and sustainable. Indeed, production chain of every tire recycling business includes packaging – so called “big bags” made of polypropylene (PP). While recyclers help clean up hazardous tire stockpiles and reuse thousands tons of high-quality rubber in industrial applications, why shouldn’t they deliver their recycled goods using recycled packaging? This article describes recent breakthroughs in designing high-quality sustainable packaging – big bags – made by an Austrian company KSM Solutions.