HARMONIC ENERGY Inc., a company focused on tyre manufacturing and recycling, has announced its short list of qualified engineering firms as potential partners for the development and construction of its tyre projects in North America and Europe.
Jamie Mann, CEO of Harmonic Energy emphasised the edge of Harmonic over other similar companies serving the sector as it is focused purely on a single application, vertically integrated tyre manufacturing and recycling, using the most efficient practices and best available technologies, adding that the said platform delivers better and higher value end products with much lower costs allowing the company to thrive without the need for recycling subsidies.
The company has started talks with several engineering, procurement, construction management firms and it said it is focused on working with those firms that are interested in developing a long term relationship so that it can utilise the skill sets applied and used on each project to enable follow on projects to benefit from reduced costs and faster project development timelines.
It explained that reducing costs and timelines build more value for both the company and its shareholders. It targets building several projects over the next few years.
According to Harmonic, its proven technology platform operates in a continuous and fully automated batch system, which is uniquely able to process whole tyres, unlike other technologies that require tyres to be shredded prior to being recycled which adds significant cost advantages for ASUV.
Harmonic’s planned flagship facilities will enable each recycle in excess of 150 tonnes of tyres per day, and will house a tyre re-manufacturing plant for the reconstruction of approximately 1 million new tyres using quality brand name casings.
The facilities will feature an integrated pyrolysis and gasification system that reduces the unusable tyre casings into approximately 10,000 tonnes of purified and refined nano carbon, 14,000 tonnes diesel oil and 3,300 tonnes steel with surplus electrical energy of approximately 3.0 MWe being utilised on site or exported to the local grid.
Harmonic is solely focused on scrap tyres as a feedstock due to the attractive returns achievable and the significant volumes of waste tyres available.
The company is planning to compete alongside major international corporations striving for more sustainable tyre manufacturing solutions and commodities, such as Titan International Inc, Continental AG, and Bridgestone Corporation.