Tyre recycler Green Distillation Technologies, has appointed a US marketing agent to represent the company to the US tyre collection industry and equity funds.
The Australian developed world-first tyre recycling process which turns end-of-life car, truck and oversize tyres into high value oil, carbon and steel, has attracted strong interest from the US with the company receiving many international approaches with one resulting in a recent Memorandum of Understanding for five processing plants in South Africa.
Chief Operating Officer Trevor Bayley said that for the US market they have appointed John J Lyons of J Lyons Marketing who is an extremely experienced marketing consultant with a sound track record for representing innovative companies to the Fortune 500 manufacturing companies.
“We have been inundated with enquiries to export our technology for recovering the energy left in the tyre when it has reached the end of its life and because of its size, the US presents its own unique opportunities in market size, entrepreneurship and financing.
“Therefore, it is our intention to use John’s services to cut the number of players to the best two or three so we can negotiate a deal which will be best for all parties.
“John has had over 35 years of experience in introducing new technologies into the USA and Europe and is a strong advocate for sustainable and environmentally friendly technologies.
“He is extremely excited by the unique GDT process and it’s US potential and has already identified at least three suitably qualified parties which are interested in joint venture and licencing opportunities,
“Since we started working with John he has already made a significant contribution by introducing us to the concept of using thermal generation to cut our energy costs and how to enhance the value of our carbon by a joint development agreement with CarbonScape.” Trevor said.
CarbonScape, based in Marlborough, New Zealand has developed patented technology that turns sawdust and waste biomass into high purity, high value carbon products, including graphite.
The deal between the two innovative companies solves a global problem as one and a half billion end-of-life tyres are generated every year. While CarbonScape’s work on sawdust continues, it has been discovered that the carbon produced by GDT’s tyre recycling technology is highly compatible with CarbonScape’s own process for producing graphite.
Graphite is a non-metallic mineral and the most stable form of carbon. It is chemically inert, corrosion resistant with a high melting point of 3650°C and is a good conductor of electricity.
GDT operate a tyre processing plant at Warren in Western New South Wales, which is where the work on the future co-development of graphite will take place. They are also in the capital fund raising stage for their second commercial plant in Toowoomba, Southern Queensland having secured all the necessary Government approvals.
Trevor Bayley said that the key to operating a successful business in the era of the circular economy is to maximise the return they receive from the materials they produce.
“We have a contract for our oil from Northern Oil of Gladstone, North Queensland to supply them with all our oil as it is regarded as light crude and easy to refine into petrol, diesel, jet fuel and other petroleum products and of course the current world price for oil is very high. Our carbon is high quality and sells for up to $250 a tonne for use in a variety of products such as printer’s ink, computer cartridges and even cosmetics.
“But by enhancing it to graphite it could sell for multiples of the current price which is a very significant difference.
“Our Technical Director Denis Randall, who developed our process, has long advocated that Resource Recovery is the key to successful recycling and this direction we are taking is consistent with those aims,” he said.
Mr Bayley explained that their recycling process is firmly based on that principle and turns old end-of-life tyres into high value oil, carbon and steel and the processing emissions are scrubbed so that they conform to NSW Environment Protection Agency guidelines.
“We recently announced that we will conduct the first industrial trials of a revolutionary new thermoelectric device from the United States which converts heat to electric power.
“The devices, which fit around the exhaust flue, have some similarities to the rooftop photo-voltaic panels used in solar energy generation, but convert heat to electric energy.
“So far all the prototype testing has been confined to the laboratory in the US and this will the first field trials to be conducted anywhere in the world.
“The electric power needed to operate our tyre processing facility is expensive as it has to travel 500 kilometres from the Hunter Valley and we can suffer a significant transmission loss, which means we are paying a premium for power that we don’t get.
“We had considered installing a solar energy system, but we don’t really have any large flat roof surfaces and the only waste that comes from our process is heat and our exhaust stack, which is connected to the six processing modules and maintains a constant temperature that is ideal for thermoelectric generation, using this technology,” he said.
“We even use our own oil as the heat source for the tyre processing, which is what generates the waste heat so that we have created a further cycle by using oil we have created from old tyres to generate some of the electricity needed to operate the plant.
“Our tyre recycling technology is a world first and has created considerable international interest and as a result we were offered the opportunity of testing this new thermoelectric power generation system.
“At this stage we envisage that the system will only generate sufficient power for our own needs and not provide any excess for the grid or other users,” he said.
Released for Green Distillation Technologies by Dennis Rutzou Public Relations (www.drpr.com.au)
For further information please call or Dennis Rutzou on 0411 510 888.