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Ecolomondo Corporation is pleased to announce that it has received and began the installation of its new milling line, as planned. The Company recently received the delivery of its new milling line purchased in August 2024. The Company has been preparing for the installation of the new milling line for several months to ensure its installation would be as seamless as possible.

End-of-life tires represent a significant global waste problem. Their robust structural and chemical properties pose challenges for traditional recycling methods. With 1.5 billion tires manufactured annually, the environmental impact is substantial, with each tire contributing approximately 300 kg of CO2 emissions. The increase in tire production, driven by the rise of electric vehicles, underscores the urgency for effective recycling strategies. Waste tires are not only difficult to dispose of but also pose environmental hazards when dumped or incinerated. Traditional disposal methods like open dumping and incineration lead to issues such as fire hazards, mosquito breeding grounds, and the release of harmful pollutants.

On February 7, the joint venture between Scandinavian Enviro Systems (publ) (Enviro), Michelin and Antin Infrastructure Partners made the final investment decision regarding the construction of the end of life tire recycling plant in Uddevalla, Sweden. The joint venture has secured equity financing for the construction of the plant and signed multi-year agreements for the supply of end-of-life tires and offtakes for the recovered carbon black and oil products. The signed agreements regarding deliveries of recovered materials have a total value of approximately MEUR 180 (SEK 2 billion) over the contract period, which varies between 5 and 10 years.

Ecolomondo Corporation – a Canadian supplier of thermal decomposition process technologies for end-of-life-tires – announced that it has selected Maylan Group Inc. of Hawkesbury, Ontario, to construct the building that would house its new Thermal Decomposition Process (TDP) turnkey facility to be located in Hawkesbury, Ontario. The Company and the Contractor have recently signed a binding Design-Build contract with a not-to-exceed price of $6.6 million, with substantial completion expected by January 15, 2020.

Bridgestone has announced plans to construct a pilot demonstration plant for precise pyrolysis*1 of end-of-life tires at its plant in Seki City, Gifu Prefecture, Japan. The plant will start operating in 2027 with an aim to realize horizontal recycling of tires. The facility will demonstrate the technology needed for establishing and optimizing precise pyrolysis of end-of-life tires, which involves obtaining tire-derived oil and recovered carbon black from end-of-life tires. In demonstrating this technology, Bridgestone aims to help accelerate the social implementation of chemical recycling technology. This project is part of the company's exploratory business for "Sowing New Seeds" in its Mid Term Business Plan (2024-2026) for sustainable growth in the future.

The parties plan to complete the DFS by the end of June 2021 and anticipate the project being financed before the end of 2021, with construction taking place in 2022 and operations starting in 2023. It’s envisioned that with Klean’s intellectual property and know-how for the processing of scrap tires and its ability to apply its proven portfolio of IP on a global basis, starting with an operating tire recycling facility in Greece will shorten the project development cycle. This project is expected to transform end-of-life tires into high quality, valuable raw materials primarily a high grade recovered carbon black (“rCB”) and recovered fuel oil or what is known as pyrolysis oil akin to an MDO oil. This plant will be fully integrated with Klean’s proprietary tire char upgrading system that enables the economic conversion of low-value tire char into high-value carbon black replacements which can replace virgin Carbon Black by volumes of 10% up to 100% depending on the specific application. Klean estimates that the carbon emission offsets from the Pyrolysis Hellas facility will be in excess of 100,000 metric tons annually.

Pyrolysis, an advanced chemical recycling route for End-of-Life Tires (ELT), is experiencing a boom in the last few years. As seen objectively, there is no one best design and/or process mode. Different options can be considered depending on the local circumstances and/or targeted product yields and qualities. While only a small portion of global ELT arisings (31 million tons per year) are currently finding their way to thermochemical decomposition, recent developments are showing strong signs of promising opportunities.

For too long, end-of-life tires (ELTs) have been treated as trash and discarded. ELTs make up nearly 2% of the total global waste, and an estimated one billion ELTs are discarded yearly. This waste flow is growing dramatically year after year. But businesses follow circular economy principles, they begin to view this trash as an opportunity. Through chemical pyrolysis, ELTs can be broken down into reusable commodities like recovered Carbon Black, recovered Pyrolysis Oil, and recovered Steel.

ELTs make up nearly 2% of the total global waste, and an estimated one billion ELTs are discarded yearly. This waste flow is growing dramatically year after year. But businesses follow circular economy principles, they begin to view this trash as an opportunity. Through chemical pyrolysis, ELTs can be broken down into reusable commodities like recovered Carbon Black, recovered Pyrolysis Oil, and recovered Steel.