The article on the Tirex website, left a few paragraphs off of the article in RubberNews.com. Here is the rest:
"The firm is negotiating with a few markets, but Acuff anticipates the first site will be somewhere on the East Coast. GRSI also has multiple Caribbean targets in mind.
“The disposal of used tires is a big problem throughout the Caribbean and Latin America,” said GRSI CEO Julio Llaguno, who lives in the Dominican Republic. “I want to bring this technology to the Dominican Republic, throughout the Caribbean and as much of Latin America as possible. I think this technology is a great solution to the problem.”
No waste from process
The TCS process freezes scrap tire pieces with cold air instead of liquid nitrogen, then breaks the rubber into a crumb rubber using a patented fracturing mill. The process also separates marketable strands of steel and fiber from the crumb rubber. Tirex claims its technology costs about two-thirds less than using liquid nitrogen and produces no waste because it uses no chemicals.
“Our crumb rubber produces a cleaner, free of steel or fiber, with a unique morphology,” Threshie said. “It creates a type of crumb rubber that is unique for athletic fields. The cryogenic crumb rubber lets the rain drain through the field because it doesn't hold it or make puddles. It also adds a cushion to the field for more buoyancy, less injuries and easier on the knees and ankles.”
The executive said Tirex wants to exploit the cryogenic segment of the market, as well as some of the ambient part of the market “where they will trade up to use cryogenic crumb rubber because now they will be able to afford it. If they use our process, it's more economically viable and even environmentally friendly than the competition.”
Tirex generates revenue from commission on sales, license agreement in each market and commission on manufacturing. The exact share of the royalties from the license agreement with GRSI has yet to be sorted out.
“Ultimately we'd like to share in the partnership and joint venture with manufacturing recycled rubber products,” Threshie said. “That's really where the high margins are downstream.”
Tirex has been trying to get its technology to the market for some time and even had a partnership with Wyoming Corporate Headquarters in January 2012, to build a facility in Tennessee.
According to Threshie, Wyoming never came through with the financing."
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