Canada’s Cleantech company Ecolomondo Corp. is acquiring land in Hawksbury, Ontario, for a tyre recycling plant. Ecolomondo Corp. expects to process approximately 13,000 tonnes/year of tyre waste with the latest generation thermal decomposition technology (TDP) in a 52,000 sq-ft facility.
Four processing departments will handle shredding, thermal decomposition, carbon black processing and oil distillation, recovering 5,000 tonnes of carbon black, over 6,5 million litres of oil, 1,200 tonnes of process gas and over 1,600 tonnes/year of steel.
Ultragen, an engineering company experienced in waste processing and petrochemicals, will handle engineering, procurement, construction and management of the project, which is to be complete by 2019.
Ecolomondo, based in Montreal, says its main revenues will come from the sale of TDP turnkey facilities and royalties from their operations. TDP facilities will generate revenues from the sale of end-products, tipping fees and carbon credits.