News: Tire Recycling & Pyrolysis

Ecolomondo Corporation (TSX-V: ECM) (the “Company” or “Ecolomondo”) releases its unaudited interim consolidated financial statements and notes hereto and its related management discussion & analysis (“MD&A”) for the interim period ended September 30, 2020 (the “Interim Financial Statements”). Ecolomondo says that during the period, it made considerable progress on the construction of its new Hawkesbury Thermal Decomposition (“TDP”) turnkey facility. Management estimates that construction of the building that will house the plant is about 90% complete and expects completion by the end of 2020. Installation of the plant equipment began in late August of 2020 and is proceeding according to schedule while commissioning is now scheduled to begin in the first quarter of 2021.

The Recircle Awards recently unveiled nominees for its 2021 award ceremony and the platform is urging innovators and circular economy contributors to vote! The website of Recircle Awards lists the following categories: Best Tread Rubber Supplier Best Retreading Equipment & Accessory Supplier Best Tyre Recycling Industry Supplier Best Casing & Tyre Disposal Services Provider Best Tyre Derived Recycled Product Best Retreading Industry Innovation Best Tyre Recycling Innovation Retread Industry Fleet Award Best Publicity Campaign Employee of the Year Business Innovation Award Best Tyre Retreader Best Tyre Recycler Best Company Director Among the best tyre recycling suppliers selected for the Recicle Awards, there are: ECO Green Equipment E-Cova srl Eldan Molinari Salvadori To learn more about the nominees and vote, please proceed to the website of Recircle Awards.

Queensland’s Norwell Motorplex – one of Australia’s leading multi-use moto venues – will be resurfaced with a groundbreaking new asphalt product which is made from recycled tyres, says an online magazine Speed Cafe. Known as ‘Carbonphalt’, the product is the result of a partnership between Austek Asphalt Production and Pearl Global, and will first be used to replace the surface of Norwell’s 2.2km track. With 2500 tonnes of Carbonphalt required to complete the job, the project will account for 25,000 tyres which otherwise would have ended up in landfill. To make the product, end-of-life tyres will be broken down to recover carbon char, reusable steel, and fuel oil by Pearl Global, which is based near Norwell at the northern end of the Gold Coast.

On November 26, 2020, the Tire and Rubber Association of Canada (TRAC) announced a new board member and a new board chair, following the resignation of Tony Mougios of Michelin North America (Canada) Inc. Dr. Antoine Sautenet of Michelin was elected as a Director to complete Mr. Mougios unexpired term and elected 2nd Vice-Chair of the Board. Maureen Kline of Pirelli moves into the role as Chair of the Board, Paul Downey of Pliteq becomes 1st Vice Chair and Matt Livigni of Continental Tire remains as Treasurer.

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.

Gradeall International – a renowned supplier of tyre bailing and tyre recycling technology from Northern Ireland – reports that its MK2 tyre baler has been a successful product for the company and its clients. In production for over 10 years, the MK2 tyre baler has found customers across the globe. However, one thing some customers have found during the baling process is that regular PAS108 tyre bales are slow and laborious to load into a shipping container. While PAS108 bales are great for civil engineering applications the usage bales for construction has been rather limited bringing into question the need to produce bales to that specific size.

To build a successful tire recycling or pyrolysis business, one needs to first of all identify markets and products and properly build sales channels. This is a rather complex task, as it is composed of many difficult and field-specific details.Nowadays one may think of the Internet as a pioneering marketing tool to help sell products. Partly this is true, as there are many platforms for retailing or wholesaling across the entire world. But despite the ease of launching online sales, feasibility needs to be carefully calculated before you start recycling tires.

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)

Weibold is welcoming pyrolysis / tire recycling technology suppliers, researchers and all other interested parties from the industry to hold webinars on our platform. Our audience comprises over 25,000 professionals from tire recycling, pyrolysis and affiliated industries, which helps you increase your business presence, attract new customers and spread a word about your business activities. Benefit from our tire recycling and pyrolysis network we have been building up over the past 22 years. Contact Agustina Martin for more information.