Local tyre-recycler goes global with US partnership
As the issue of end-of-life tyres becomes increasingly problematic as tyres continue to stack up at waste facilities around the world, tyre-recycling company Green Distillation Technologies Corporation (GDTC) is continuing to go from strength to strength.
A member of MTAiQ, GDTC are well known for their world-first tyre-recycling process that turns end-of-life tyres into valuable commodities, using a technique known as destructive distillation where nothing but heat is emitted.
With this process proving to be a success at the company’s plant in Warren, New South Wales, GDTC has received interest from tyre recycling companies around the world looking to take the process global.
Following an agreement between GDTC and a US based tyre recycling company to develop ten tyre recycling facilities across the US, GDTC Chief Operation Officer Trevor Bayley has said that five additional facilities will be built, taking the total number of facilities to be delivered across the US to fifteen.
Construction of three key tyre-recycling facilities will commence as soon as Government approval and all agreements are obtained, with groundwork still to be done before the remaining projects take off.
With the total cost expected to be upward of US$150 million, Bayley says the plan is to construct the facilities at cost price and assume on-going input into the future operations of all plants.
“However, our policy is for the joint venture company to construct the plant at cost as we want to maintain our interest in the plant and provide on-going input to future operations and also be able to implement new technology improvements as our research and development discovers new ways of improving our performance,” said Bayley.
“This is in contrast to other tyre recycling plant providers, who can supply an off the shelf plant for say US$35 – $40 million but incorporate their profit in the cost of the plant and then walk away.”
Once completed, each facility is expected to create fifteen permanent jobs as well as provide a boost to the local economy in each location.
With operations set to get underway in the US, GDTC also has plans to expand to South Africa, signing a Memorandum of Understanding to build five plants in South Africa in an AUD$50 million project.
With the US and South Africa signed up, Bayley says strong interest is being shown from other countries looking to invest in their own tyre-recycling plants.
“In view of the world-wide interest in our technology it is no wonder that we have also welcomed visitors to our Warren plant from almost every country on the planet including Japan, Thailand, Canada, the United States, Middle East, Pakistan and India to name a few,” said Bayley.
Following a recent visit at the facility in Warren involving various international parties, MTA Queensland made the decision to invest in GDTC.
One GDTC processing plant has the capacity to process 19,000 tonnes of end-of-life tyres per year, turning each standard 10kg car tyre into 4 litres of oil, 4kg of carbon and 2kg of steel.
20 April 2020