MTAiQ client, Green Distillation Technologies (GDT) has developed a proven commercial solution to the global waste tyre problem, a method that produces zero physical waste and a negative carbon footprint.

Due to Australian Federal legislation, the number of waste tyres to be disposed of in Australia will double from January 2022. Approximately 26 million End of Life Tyres (ELTs) are generated in the country each year.

GDT uses a proprietary Destructive Distillation process to convert whole ELTs into three salable commodities of oil, carbon and steel.

The company currently has one operational facility with a second plant permitted and “shovel ready.” Five further sites have been identified across Australia.

Each plant reportedly returns a 65 per cent EBITDA  return on $12m revenue per annum.

GDT is seeking to expand their commercial plants and is offering a unique investment proposition to achieve this.

For more information, click HERE.

John Fletcher, Executive Chair at GDT recently filmed a video explaining the opportunity.

Visit the GDT website HERE.

3 November 2021