Australian tyre recycler Green Distillation Technologies, which has developed world-first technology that recycles end-of-life tyres into oil, carbon and steel, has signed a deal to build their first plant in the United States,
The agreement provides funding of up to US$100 million for the roll out of additional plants in the US, subject to the successful operation of the first one.
Simon Kriss has been appointed General Manager – Corporate Development of Green Distillation Technologies, an Australian start-up with world-first technology that recycles end-of life-tyres into oil, carbon and steel.
This is a new role in the company and he will focus on the go-to-market strategy and investor relations.
“The Government decision to ban exports of end-of-life whole tyres from the end of 2021 will leave Australia with a massive gap in our tyre recycling capacity,” according to Trevor Bayley, the Chief Operating Officer of tyre recycler Green Distillation Technologies.
“The Government announcement does not make an estimate of the total number of whole tyres that are currently exported as most that leave our shores are in the form of crumbed or chopped tyres and these are not included in the ban at this stage.
Tyre recycler Green Distillation Technologies, has appointed a US marketing agent to represent the company to the US tyre collection industry and equity funds.
Tyre recycler Green Distillation Technologies, has signed a deal with New Zealand’s CarbonScape to enhance the value of the carbon produced by its process, turning it into high value graphite.
GDT’s world-first tyre recycling process turns end-of-life car, truck and oversize tyres into high value oil, carbon and steel, while CarbonScape, based in Marlborough, New Zealand has developed patented technology turning sawdust and waste biomass into high purity, high value carbon products, including graphite.
Tyre recycler Green Distillation Technologies has made a new application for a Queensland Government Resource Recovery grant to help built a processing plant in Toowoomba.
Australian tyre recycler Green Distillation Technologies, which has developed world- first technology that turns old tyres into oil, carbon and steel, has signed an agreement worth up to $50 million to establish up to five tyre recycling plants in South Africa.
The first group of school children to visit the Green Distribution Technologies tyre recycling plant at Warren in Western New South Wales, were able to see first-hand how the Australian world first process is able to turn end-of-life tyres into oil, carbon and steel.
An agency of the EU is investigating the environmental impact from the use of crumb rubber granules with most of the material coming from end-of-life recycled tyres.
The European Chemicals Agency, ECHA, an agency of the EU has established a time table of the steps they are taking, which is driven by health concerns from the use crumb rubber on sporting fields or children’s’ playgrounds, as well as emissions from using the material as furnace fuel.
They have particularly highlighted their concern at the presence of the carcinogenic PAH or Polycyclic Aromatic Hydrocarbons.
Tyre recycler Green Distillation Technologies, which operates a processing plant at Warren in Western New South Wales and is in the capital fund raising stage for another in Toowoomba, Southern Queensland, will conduct the first industrial trials of a revolutionary new thermoelectric device from the United States which converts heat to electric power.
