Company plans to produce fuel from end-of-life plastics and tires.
Houston-based Global Clean Energy Inc.(GCE) says it is in the final stages of site preparation prior to ordering its pyrolysis system to convert end-of-life tires and end-of-life plastics into diesel and other high value fuels. The company says it is striving to be the first in the industry to run plastics and tires in the same facility.
The company says it is finalizing off take agreements for the derived fuels and carbon from its tire and plastic operations which is says will meet the demand of its large oil and carbon customers.
GCE has engaged with Switzerland-based SGS for final validation of the fuel specifications based on American Society for Testing and Materials (ASTM) testing methodologies to meet North American transportation fuel standards, the company says. "We are working directly with our off-take customers and SGS to ensure precise adherence to our customer's specifications," says Steven Mann GCE's Chief Development officer in charge of off-take contracting and refining technologies for the company.
The company is providing fuel and tire derived carbon black for testing from the actual systems it will install in North America.
GCE has secured the required capital to order both the plastic and tire pyrolysis systems, in addition to its PGM, Platinum Group Metal facility. Financing for both plants is expected to be concluded prior to the end of Q2 2014, according to the company.