Waste conversion technology company says it has conducted successful tests of pyrolysis system.
Houston-based Global Clean Energy Inc. (GCE) has announced it has successfully concluded testing of tire-derived carbon char with Intertex World Resources Inc., Akron, Ohio, a global distributor of carbon black. The carbon char was produced in the pyrolysis systems that GCE says it will acquire from China. Preliminary testing validates GCE's conclusion that tire derived carbon char can be an alternative to virgin carbon black as a replacement in the dye, coloration and pigmentation markets currently being served with virgin carbon black. “This creates an opportunity for the successful deployment of GCE's pyrolysis tire to fuel projects once the purchase agreement is finalized,” a GCE press release states.
GCE says it has also finalized negotiations for a long-term tire feedstock agreement with one of the largest tire recyclers in North America. Further, carbon char testing will be concluded by Intertex World Resources over the next 60 days and is expected to lead to a purchase agreement between Intertex World Resources and GCE's tire to fuel pyrolysis project for the 3,400 tons per year of carbon char which will be produced from their upcoming plant. GCE currently has three of the four contracts required to successfully develop a pyrolysis tire to fuels plant being: tire chip feedstock agreement, plant site location and off-take agreement for transportation fuel. The carbon char purchase agreement will finalize the fourth agreement required to successfully implement a tire to fuel plant.
Additionally, the company says it is progressing with the acquisition of a ferrous metals company in the southeastern U.S. and expects to close on the acquisition during the fourth quarter of this year.
