Freestone Resources Inc. (fka FSNR)

[Ubertino]

Background info on pyrolysing waste tires into oil products for FSNR to consider and improve upon:

Holy Grail for Tyre Recycling

For decades tyre companies and would-be entrepreneurs have been searching for a way to process discarded tyres by using a technology known as pyrolysis. Such a solution is considered the holy grail of tyre recycling.

Subsidy free tyre recycling using proven technology.

While technically feasible, tyre pyrolysis – a process in which tyres are subjected to heat in an oxygen-starved environment and converted to gas, oil and carbon char – has been inhibited by the high capital investment required and steep operating costs, according to the Environmental Protection Agency.

Now Tyre Pyrolysis Plant, a project development company based in Vancouver, says it has a project development relationship with Klean Industries Inc who owns Japanese based technology which has been operating quietly on commercially level, processing scrap tyres into oil for over 30 years for companies such as Mitsubishi Materials and a number of other industrial majors. The Japanese have developed an economically viable method for processing scrap tyres using pyrolysis.

The company’s, technology has had an investments to date which exceed $100M from its development partners and has already implemented several commercial-scale tyre processing plants operating in Japan and is scouting locations for four factories in the United States and Europe.

The crucial breakthrough is the nano-scale refinement process that upgrades carbon char, which has limited marketability, to a cost-competitive replacement for carbon black, a common reinforcement material used in car and truck tyres. The company carbon black substitute is sold under 10-year “take or pay” contracts with a major carbon black manufacturers and rubber producers for the purchase of the material.

Tyre Pyrolysis Plant is planning to build 6 to 10 tyre pyrolysis processing plants over the next five years, each with the capability of processing about five million tyres per year. Tyre Pyrolysis Plant also plans to use the exhaust gases and oil that are end-products of the tyre processing to generate electricity for its plants and sell excess power to the grid.

Its other planned sources of income include tipping fees from the acceptance of tyres, revenue from the sale of steel harvested from the tyres, and the sale of carbon credits.

Unlike all other tyre recycling processes available Tyre Pyrolysis Plant’s technology is extremely profitable and is not be dependent on any subsidies, grants or greenfund financing from governments. The greenness of the Tyre Pyrolysis Plant system is a great coincidence as the technology has been offsetting raw material cost for decades, working without any subsidies and in fact has enough revenue to purchase its feedstock.

http://www.tyrepyrolysisplant.com/holy-grail-tyre-recycling/