News from Notch Consulting, Inc.

June 23, 2017

Castleton Commodities invests in Delta-Energy

Filed under: Carbon Black, Tire Recycling — Notch @ 12:41 pm

Castleton Commodities International L.L.C. has bought majority ownership of Delta-Energy Group L.L.C., a resource recovery company providing recycling solutions to the tire industry, including a patented process to recover carbon black and marketable liquid chemicals from used tires.

Bridgestone Americas, which is considered an “early-stage investor” in Delta-Energy dating back to 2014, will continue to be an active, but minority, investor, Castleton said.

Proceeds from the investment will be used to develop a commercial-scale plant in Natchez, Miss., with an estimated daily processing capacity of 100 tons of end-of-use-tires. Delta-Energy’s commercial plant will recover carbon black and other basic materials for reuse in tire production and other rubber-related manufacturing processes, as well as liquid solvents and fuels. The investment will further expand CCI’s activities in the renewables sector, which today include nearly 20 biomass electric generation facilities, emissions trading and biofuels marketing.

Read the full press release here.

Quoted article here.

May 24, 2017

Pyrolyx AG Forges Ahead

Filed under: Carbon Black, Tire Recycling — Notch @ 12:06 pm

Pyrolyx AG, the Munich-based global leader in the extraction of rCB (recovered carbon black) from end-of-life tires, has signed an extended multi-year supply agreement in the US with one of the world’s leading masterbatch manufacturers. Under this agreement, Pyrolyx will supply rCB for the manufacturer of colorants, special effects and additives.

….

Pyrolyx has also signed a ten-year feedstock supply contract for end-of-life tires in the US which is a key step for the Company’s recently announced construction of a state-of-the-art rCB plant in Terre Haute, Indiana. This end-of-life tire supply contract provides approximately 40,000 metric tons per year of input material to the Pyrolyx process, and most importantly results in some 4 million waste tires being recycled each year.

Here’s the full press release.

April 19, 2017

Klean Industries’ pyrolysis plant receives C2C certification

Filed under: Tire Recycling, Uncategorized — Notch @ 7:38 am

Following a 12-month study by McDonough Braungart Design Chemistry LLC of Canada-based Klean Industries’ production process and the end uses of the recycled carbon and oil products that derive from it, one of Klean Industries’ facilities has become the world’s first tire pyrolysis plant to receive Cradle to Cradle (C2C) certification.

“We are extremely pleased that beyond the traditional certifications, our team has exceeded all expectations and has achieved the highest environmental standard for the quality of products produced from any tire pyrolysis facility on the planet today,” said Jesse Klinkhamer, chief executive officer of Klean Industries.

April 4, 2017

Scandinavian Enviro Systems signs agreement with Guangzhou Vanlead Group for tire recycling plant in China

Filed under: Carbon Black, Tire Recycling — Notch @ 1:46 pm

Scandinavian Enviro Systems, a Swedish-based provider of tire recycling technology, has signed a memorandum of understanding with Guangzhou Vanlead Group, a Chinese state-owned tire manufacturer (through South China Tire & Rubber Co.). The agreement is the first step in a process to build a turn-key tire recycling plant in Guangdong province, China, construction of which is scheduled to start in 2017. The plant will have a capacity to process 30,000 tons per year of tires.

February 14, 2017

Pyrolyx USA plans tire recycling plant in Indiana

Filed under: Carbon Black, Tire Recycling — Notch @ 7:49 pm

Pyrolyx USA, which is a new joint venture between Pyrolyx AG and ReKlaim, plans to build a new tire recycling plant in Terre Haute, Indiana. The 50,000-square-foot plant will be located in the Fort Harrison Business Park and, according to Pyrolyx USA’s CEO Tom Redd, will be identical Pyrolyx’s existing plant in Stegelitz, Germany. Tires will be shredded at other locations in Indiana and Illinois and shipped to Terre Haute by truck or rail. The Pyrolyx plant would generate 55 full-time jobs. Once all necessary approvals are granted, Pyrolyx expects to break ground in June and have the project up and running in summer 2018.

 

January 11, 2017

Pyrolyx and Reklaim form North American joint venture for recovered carbon black

Filed under: Carbon Black, Tire Recycling — Notch @ 7:54 am

Pyrolyx AG (Munich, Germany) and Reklaim, Inc. (Seattle, WA) have formed a joint venture to produce recovered carbon black from end-of-life tires. The new venture, Pyrolyx USA, Inc., is owned 81% by Pyrolyx and will implement Pyrolyx’s proprietary manufacturing process at new facilities across North America. Reklaim’s top management will run Pyrolyx USA. No further details were released at the time of the announcement in December.

 

June 8, 2015

Pyrolyx AG completes merger with cct Stegelitz GmbH

Filed under: Tire Recycling — Notch @ 11:36 pm

On June 3, Munich-based Pyrolyx AG announced it had completed its merger with cct Stegelitz GmbH. cct will be integrated into the Pyrolyx Group, which will make the merged company the world’s largest producer of rCB (recovered carbon black). Pyrolux is expanding the production capacity of cct’s plant in Saxony-Anhalt, Germany.

Press release below:

FINAL_CCT_Closing_030615_E

May 21, 2015

Pyrolyx moves forward with acquisition of carbon clean tech

Filed under: Tire Recycling — Notch @ 2:44 pm

On May 21, Pyrolyx AG (Munich, Germany) announced the signing of the notarial purchase contract for its previously announced acquisition of cct Stegelitz GmbH, with closing expected in the near future. Both companies are producers of rCB (recovered carbon black) from proprietary technology. cct Stegelitz GmbH will be fully integrated into Pyrolyx AG, which will continue to invest in cct’s production site in Stegelitz in the German region of Saxony-Anhalt.

The acquisition of cct will be financed by issuance of Pyrolyx AG convertible bonds and a cash capital increase with an issue price of EUR 103.00 per share. As part of the transaction, cct shareholders shall be issued 104,000 shares of Pyrolyx through a capital increase in kind, representing approximately 16% of the fully diluted and outstanding Pyrolyx shares at closing.

Pyrolyx AG intends to construct Pyrolyx production facilities in Stegelitz alongside the existing cct plant. Over the next 3 years, Pyrolyx AG plans to invest approximately EUR 30 million into the construction of production capacities to establish the world’s largest environmentally sustainable producer of recovered carbon black from end of life tires.

February 25, 2015

Delta Energy to build tire recycling plant in Mississippi

Filed under: Tire Recycling — Notch @ 10:52 pm

Last week, Delta-Energy Group, a tire recycling company, announced that it will build a $45 million carbon reclaiming facility at a former International Paper facility in Natchez, Mississippi. The price includes $3.75 million for a building and 30 acres of land. The company formed a subsidiary company, Delta-Energy Natchez LLC, to operate the plant. Delta is a resource recovery company that recovers materials from scrap tires, including carbon solids and hydrocarbon liquids, which can then be used by downstream customers for use in rubber compounds and in the liquids-to-chemicals industry.

February 21, 2015

Pyrolyx to merge with carbon clean tech, build tire recycling plant in Colorado

Filed under: Tire Recycling — Notch @ 2:52 pm

There were two pieces of major news last week amongst producers of recovered carbon black.

On February 13, Pyrolyx AG (Munich, Germany) and carbon clean tech AG (Potsdam, Germany) announced plans to merge, creating the world’s largest producer of recovered carbon black (rCB) from post-consumer rubber and tires. Completion of the transaction is scheduled for end of April 2015, and the full integration of cct into Pyrolyx AG by the end of the 2nd quarter 2015.

A significant component of the transaction is that cct Stegelitz GmbH, a fully owned subsidiary of cct AG, will be incorporated into Pyrolyx AG by way of a capital increase. In exchange cct AG will receive shares corresponding to a share of 16.6% of the share capital of Pyrolyx AG. Furthermore, the total value of cct Stegelitz GmbH will be compensated with an additional cash component. Through this agreement, cct founders and shareholders will remain committed to, and involved in continuing to build the combined company.

Pyrolyx AG is a Munich-based company specializing in practical and applied research in environmental technology, including a unique process that enables rCB production from commercial rubber granules from post-consumer tires. cct AG, based in Saxony-Anhalt and Potsdam, Germany, is the leading European producer of rCB, with an industrial production facility in Stegelitz near Magdeburg, serving customers since 2012.
The term sheet has been agreed upon by all cct shareholders and the Pyrolyx AG Supervisory Board.

Producers of recovered carbon black are careful to distinguish their product (rCB) from recycled carbon black produced from traditional pyrolysis, which is generally of poor quality and cannot be used in high end applications such as tires. According to suppliers, rCB is a cost-effective, sustainable alternative to traditional carbon black for a variety of plastics and rubber applications, including rubber compounds for tires.

One of the key aspects of the acquisition is the expansion of production capacities by implementation of a complimentary production facility, based on Pyrolyx-patented technology, at the site of cct’s existing 4.500 t/a capacity rCB plant. Within the next 24 months, Pyrolyx plans an investment of 10 M Euros into product development, research and international sales. In addition, an rCB and rubber laboratory at the production site in Stegelitz is planned. Upon contract closing, cct’s current CEO, Dr. Philipp Theden, will join Pyrolyx AG’s executive board. All current cct GmbH and cct AG employees will be an integral part of the newly formed Pyrolyx group.

In the second major piece of news, on February 19, Pyrolyx announced a strategic partnership with the CH2E Group in Colorado. The American CH2E Group owns the largest tire dump in the US with a volume of roughly 600,000 tons. Under the LOI for a future partnership signed on February 18, 2015, Pyrolyx will build a commercially usable Pyrolyx production plant on CH2E’s site in Hudson, Colorado. The US company will provide high-quality shredded scrap tires and the land required to build the plant. Commissioning is scheduled for 2016, after which Pyrolyx together with CH2E will have the right to build further production lines for the recovery of carbon black from end-of-life tires. By today’s standards, this will be the world’s largest plant for the production of recovered carbon black.

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