News from Notch Consulting, Inc.

Recovered carbon black producer Pyrolyx A.G. is progressing with plans for a second plant in the U.S., to be built adjacent to one under construction in Terre Haute, Indiana. Pyrolyx is also in the process of moving its headquarters from Munich to Terre Haute. Construction on the plant is expected to start in the third quarter.

The plant under construction has a rated annual capacity of nearly 13,000 metric tons of recovered carbon black, which translates to about 4 million tires recycled a year.

The company has raised $2.3 million from the sale of equity capital in Pyrolyx A.G. and has access to a $4.5 million loan facility from Pyrolyx USA Inc. for funding.

Pyrolyx recently disclosed a non-binding five-year agreement to supply up to 15,000 tons of rCB a year to tire maker Continental A.G. from its plants in Stegelitz, Germany, and Terre Haute.

Here’s the press release.

Clean tech company Black Bear has entered into a strategic partnership with engineering, procurement and construction (EPC) firm MMEC Mannesmann (MMEC) to accelerate the roll-out of its breakthrough technology to produce recovered Carbon Black (rCB) from end-of-life tires.

“To meet the growing demand for rCB and receive a substantial impact to meet the waste tire problem, we need to roll-out our proven technology,” explained Joost Raimond, Construction Director at Black Bear.

“Being in the EPC industry for many years, I know that the partnership with MMEC is a game-changer in our time-to-market as we now can offer real turn-key plant realization to clients who want to use our technology.”

The rCB is Cradle-to-CradleTM certified and is already used by major clients, including AkzoNobel.

The initial focus will be on already identified sites together with partners inside Europe. Given MMEC’s strong presence in the Middle East, this region will also see Black Bear facilities emerging in the future.

Read the full press release here.