The top executive team of Green Distillation Technologies, the company which plans to build an $8.5 million plant in Longford, will visit Tasmania this week to see if they can manage the issues that have arisen in securing permission to build their plant to process end-of-life car and truck tyres.
GDTC has developed world-first Australian technology that will recycle end-of-life car and truck tyres into oil, carbon and steel using a destructive distillation process. They were Australia’s first ever nominee in the Edison Awards, the world’s top award for innovation earlier this year where they won a bronze medal.
They will go through the final legal steps before lodging the Development Application this week, which is a reversal of their previous position and has been taken on the initiative of their Chairman, Mr John Fletcher.
The other executives who will make the visit are CEO Craig Dunn and COO Trevor Bayley.
The process of securing Council and EPA permission will mean that the time to get the plant in operation will be slightly delayed with a single module scheduled for the third quarter 2016 and the full plant by years end.
GDTC CEO Craig Dunn said: “Tasmania generates 480 to 500,000 end of life car and truck tyres each year and already there is a stockpile of 1.3 million tyres in Longford adjacent to the site waiting to be processed and the completed plant will handle 658,000 end of life car and truck tyres each year.
“Recycling of a typical end of life 10 kg car tyre will yield 4kg of carbon, 1.5kg of steel and 4 litres of oil while a 70kg truck tyre will provide 28 kg of carbon, 11 kg of steel and 28 litres of oil.
“We have already made arrangements with oil recycler Southern Oil, which already collects oil in Tasmania, to take all the oil that will be produced,” Craig Dunn said.
About Green Distillation Technologies: GDT is an Australian company which has developed world-first technology to recycle end of life car and truck tyres into carbon, oil and steel.
Released for Green Distillation Technologies by Dennis Rutzou Public Relations (www.drpr.com.au)