Tyromer Brings Tire-Derived Polymer to U.S. Retreading Market

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Tyromer Inc., a scrap tire devulcanization company,  is now producing a high performance, non-chemical devulcanized rubber made from crumb or retread buffing in the United States.

Their tire-derived polymer or TDP can actually increase performance when incorporated into a pre-cure tread compound and costs less than virgin material.

Read the source article at Tire Review

Bridgestone and Versalis form strategic partnership

Bridgestone Americas (Bridgestone) and Versalis are forming a strategic partnership to develop and deploy “a comprehensive technology package to commercialize guayule in the agricultural, sustainable-rubber and renewable-chemical sectors.”

Read the source article at Tyrepress

Goodyear suffers double-digit earnings drops, Q4 net loss

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Akron, Ohio — Goodyear suffered double-digit drops in segment operating income for the quarter and fiscal year ended 31 Dec and reported a tax-reform-related net loss for the quarter.

Goodyear cited elevated raw materials costs and the “unfavourable” impact of reduced production volumes on costs for the operating earnings declines, and said the fourth quarter loss was driven by a $299 million (€244 million) one-time, non-cash tax charge related to US tax reform.

Read the source article at European Rubber Journal

TRAC Provides the Ministry with Recommendations on the Proposed End-of-life Tire Regulation in Ontario

The Tire and Rubber Association of Canada (www.tracanada.ca), which represents 16 major global tire manufacturers operating in Canada, as well as selected tire recyclers and suppliers, is pleased to offer its observations and recommendations to what is a very bold plan by Ontario to introduce individual producer responsibility for end-of-life tire management. Allowing individual market players to make… 

Read the TRAC recomendation on RRCEA Tire Regulation here.

Read the source article at cdn2.hubspot.net

How to up-cycle used tires into everyday items

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Tires are made up of approximately five gallons of oil, and other materials such as steel, fabric, wiring, and chemical compounds. Over hundreds of years these products eventually breakdown, but they do not biodegrade. They will continue to breakdown into microscopic pieces like plastic. As they breakdown, they leave behind residue that contaminates the soil leaving it damaged for years to come.

Read the source article at Traction News

How Tire Recycling Supports Cryptocurrency Mining

An entrepreneurial cryptocurrency mining company has teamed up with the US firm that converts waste tires to energy, to power its cryptocurrency mining computers.

PRTI, a tire “thermal demanufacturing” company located in North Carolina, announced an unusual deal with Standard American Mining are running graphics cards-based cryptocurrency mining equipment to get several alternative cryptocurrencies, including Ethereum.

To convert waste tires into energy, one heats them to a specific temperature when tires start decomposing. Using tire pyrolysis or thermolysis process helps extract resources such as steel, burnable fuel and carbon black. The extracted fuel serves as the energy source powering turbines which, in turn, produce electricity. Thus, an onsite cryptocurrency mining farm gets its power supply.

The method of an underutilized electricity being used as a means to power computers isn’t new. However, the uncommon set-up proves that

Read the source article at weibold.com

Hankook Tire appoints new Europe/CIS head

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Starting yesterday, Han-Jun Kim is president and chief executive officer of Hankook Tire Europe. He succeeds Ho-Youl Pae; having served in this capacity since 2014, Pae now returns to South Korea to take over a new role at the company’s global headquarters.

Read the source article at Tyrepress

Liberty Tire Recycling completes refinancing, concludes exchange offer

Pittsburgh-based Liberty Tire Recycling Holdco LLC and its subsidiaries have completed the refinancing of its existing term loan and exchange offer relating to its 11 percent second lien secured notes due 2021.

The transactions substantially deleverage the company’s balance sheet, reduce interest expense, extend the maturity of its term loan and notes, and better position Liberty Tire to capitalize on growth opportunities, according to the company.

As part of the transactions, Carlyle Strategic Partners IV L.P., an investment fund managed by The Carlyle Group, became Liberty Tire’s majority equity sponsor and is partnering with Liberty to provide additional strategic resources to support its continued success.

Read the source article at Recycling Today

‘New Aeolus’ saves costs through materials purchasing strategy

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Beijing – ChemChina-owned Aeolus Tyre has saved over €6.4m in 2017 through a new purchasing strategy, established following its integration last year with Pirelli & C. SpA’s industrial unit.

In a recent ChemChina statement, the Jiaozuo-based industrial tires maker linked the gains to “collaborative purchase” of natural rubber and other raw materials.

Read the source article at European Rubber Journal

New Tire Recycling System Reduces Carbon Emissions

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Green Carbon, Inc. has teamed up with Caterpillar Power Systems to develop an eco-friendly tire recycling system.

The bio-congeneration system uses Green Carbon’s TVR System and Caterpillar’s custom-designed generator to produce electricity for its processes. The system uses Syn Gas, generated from processing tires, belting and rubber tracks.

According to a life cycle assessment by Earth Shift Global, the system will reduce CO2E emissions by millions of pounds.

Read the source article at Tire Review