LD Carbon/TRS to produce rubber powders in South Korea

LD Carbon/TRS to produce rubber powders in South KoreaSouth Korean waste treatment and raw material recycling company LD Carbon and TRS, end-of-life tyres recycler, have entered into an MoU for the set up of the first factory to produce TRS’s TyreXol rubber powder produced utilising TRS’s water pulse pyrolysis process in South Korea.

Initially, the plant will process 25 ktpa end-of-life tyres, yielding a volume of 5 ktpa TyreXol Water Pulse powder, which has already passed quality assurance tests from global end customers such as tyre manufacturers, who are accelerating commercial adoption of TyreXol Water Pulse powder.

The remaining end-of-life tyres after the TyreXol production are to be utilised by LDC to produce tyre pyrolysis oil and rCB, the quality of which has already passed the assurance tests from various global tyre manufacturers for commercial adoptions.

The tie-up will enable the partners to crystallise major technical and commercial synergies as well as, for TRS, to bring production capacity to meet the pressing demand from TRS customers in Asia, the firms say.

“We have been screening many companies globally which could enhance our product range and further differentiate the value-in-use which we bring to tyre manufacturers. We are thrilled to collaborate with TRS. Not only are our technologies complementary, but they have a deep understanding of the market, and we share the same ethical and professional values,” said Baek, Seong-Mun, CEO/Co-founder of LDC.

Staffan Ahlgren, CEO/Co-founder of TRS commented: “This collaboration is very important for developing additional real circular solutions for the tyres and rubber industries. The collaboration is born from months of discussions which helped us develop a deep mutual respect. It will be an accelerating step enabling us to supply Asian clients regionally and focus on our water-jet technologies in priority.”