Green Distillation Technologies, the Australian company with world-first technology that can recycle end-of life tyres into oil, carbon and steel and is planning to open a plant in Toowoomba next year, will hold their Annual General Meeting at the Burke & Wills Hotel, 554 Ruthven Street, Toowoomba, on Tuesday, 30 October.
The following story was originally published at https://www.mergermarket.com – republished here with permisson:
Green Distillation Technologies, an Australian unlisted public environmentally friendly tyre-disposal company, is exploring options, including an IPO, to build plants and sell its technology in global markets, Chief Executive Officer Craig Dunn said.
The Melbourne-based company is investigating opportunities in multiple countries in markets like the US, UK and the Middle East, Dunn said. It has its own unnamed lawyers assisting but is happy to hear from advisors with opportunities and suggestions, he said. Read More
Green Distillation Technologies Chief Operating Officer Trevor Bayley will speak at the Waste & Recycle Conference in Perth on 8 September 2018.
This may be a chance for you to find out first hand about what our technology does and how we are rolling it out.
Some interesting figures on the destination of old tyres in Australia have been divulged today on the ACCC website as part of the re-confirming of the status of industry-supported Australian Tyre Stewardship Australia.
World-first tyre recycling technology developed by Green Distillation Technologies is on display as part of the Innovation Wall at the Recycling Discovery Hub which has opened at the Materials Recycling Facility at 1 Recycling Road, Hume, ACT.
The display is part of a showcase of new technology solutions and shows a section of tyre, examples of the oil, carbon and steel that are created as a result of the GDT destructive distillation process.
The Innovation Wall exhibition is permanent and allows school and community groups to receive tailored education programs and understand waste and recycling activities that are undertaken in the ACT.
After a further pre-lodgement meeting in Toowoomba yesterday with Queensland Government officials plans for construction of the plant to recycle old tyres into oil, carbon and steel are on track for commissioning of the first module next April.
The plant will be operated by Green Distillation Technologies, an Australian company that has developed a unique process that will recycle old tyres into valuable oil, carbon and steel, which makes it an outstanding example of the ‘circular economy’.
The plant is expected to process 19,300 tonnes, or a mix of 658,000 car and truck tyres per year, to yield approximately 8 million litres of oil, 7,700 tonnes of carbon and 2,000 tonnes of steel.
A pre-lodgement meeting has been held with Toowoomba Regional Council to determine the planning steps to be taken for the construction of a plant to recycle old tyres into oil, carbon and steel at the Wellcamp Business Estate in Toowoomba using world-first environmentally friendly Australian technology.
The plant will be operated by Green Distillation Technologies, an Australian company that has developed a unique process that will recycle old tyres. The plant is expected to process 19,300 tonnes, or a mix of 658,000 car and truck tyres per year, to yield approximately 8 million litres of oil, 7,700 tonnes of carbon and 2,000 tonnes of steel.
Caravans have tyre issues that are not encountered with the average car tyre.
For a start, the wear patterns on caravan and trailer tyres are different to cars and 4wd’s as the weight loadings are generally higher.
This problem can be added to by the owner illegally overloading the ‘van over its permitted weight behind the axle by putting in those extras like a barbecue, chairs, table, outdoor lights and a tent, as well as that extra water for the shower, that are a ‘must’ for the holidays.
Recently we came across an interesting article by Lex Talamo for the Shreveport Times. It deals with the problem caused by people illegally dumping old tyres across the outskirts of Shreveport and its adjoining countryside in Louisiana.
New research has been conducted into the performance and emissions of oil from recycled tyres in a 2.5 litre diesel vehicle under real-world operating conditions.
The tests were conducted on a 2017 Hyundai iLoad van, a vehicle size that is used for city deliveries and as a people mover and has an engine capacity comparable to that widely used in light commercials, SUVs and 4WDs.