“END OF LIFE” (ELT) WASTE TIRES
Executive Summary
Company Overview: Tires 2 Energy LLC (T2E), located in Bentonville, Arkansas, specializes in converting end-of-life (ELT) car and truck tires into valuable products using advanced Pyrolysis technology, The outputs of this process include Carbon Credits, Pyrolysis Oil, and Carbon Black. This technology has a proven track record in Europe, ensuring environmental safety and high ROI.
Market Opportunity: Globally, 1.5 billion waste tires are generated annually, with the US contributing 280 million and Arkansas producing 2.7 million waste tires. T2E’s facility will serve as a showcase for processing these tires efficiently and environmentally friendly.
Solution and Business Model: T2E employs “Best in Class” Pyrolysis Technology to process ELT waste tires into Pyrolysis Oil and Carbon Black (N330). The facility in Benton County, Arkansas, strategically benefits from proximity to major corporations like Walmart, JB Hunt Trucking, and Tyson Foods, aligning with their sustainability goals. T2E plans to establish additional plants near waste tire sources to minimize transportation costs and carbon emissions.
Product Uses:
- Pyrolysis Oil: A low-sulfur heating oil.
- Carbon Black (N330): Used in new tire production, rubber products, and as a color pigment in plastics.
Technology and Process:
- Partner: Energy PyroSwiss, with over 20 years of experience.
- Plant Capacity: 132 short tons per day, operating 330 days per year.
- Environmental Compliance: Closed-loop design with no emissions, meeting stringent EPA standards.
Competitive Advantage: T2E’s superior technology and abundant raw material supply offer a significant edge over competitors. The company is positioned to lead in the sustainable and recycled products market.
Location and Supply:
- First Plant Location: Springdale, Arkansas.
- Waste Tire Sources: Two county waste districts, transportation divisions of Walmart, JB Hunt Trucking, Tyson Foods, and within a 100-mile radius of four different states.
Management Team: The leadership includes Richard Stone (CEO), Gopal Padki (President), Percy Chang (Director), Matt Bartley (Operations Manager), Stan Jager (Feasibility Studies), Shannon Weathers, and Michael Simpson (Pyrolysis Technologies Expert).
Traction and Milestones: The facility’s strategic location near major corporate headquarters and multiple states ensures a steady supply of waste tires. T2E’s showcase plant in Northwest Arkansas will serve as a model for future expansions.
Future Expansion: Potential for new facilities near Liberty Tire in Saltillo, Mississippi, and contracts with Walmart for nationwide waste tire processing.
Risk Mitigation: Advanced technology and a robust supply chain reduce operational risks. The company’s closed-loop system ensures no environmental discharge, aligning with stringent EU and US regulations.
Exit Strategy: T2E plans to leverage its showcase facility to attract investment and expand its footprint nationally and internationally, providing substantial returns to investors.
“SHOWCASE” T2E Facility seeking $35 Million USD
Tires 2 Energy LLC is building a ““showcase”” of how to process End-of-Life (ELT) waste tires by using “Best in Class” Technology that doesn’t harm the Environment and returns an excellent Return on Investment.
In terms of funding, T2E is open to various options: Debt Finance, Royalty-based financing, Equity investment, or a combination. The company offers an attractive Return on Investment (ROI), with tailored returns based on individual investor preferences.
A royalty-based plan aims to return $7 million per year until the determined amount of funds is returned to the investor(s).