A second life for tyres
Used tyres can fill artificial grass pitches, athletics tracks, asphalt mixtures for road resurfacing, shoe soles etc but this is only halfway solution, and definitely not a circular one. End of life tyres are one of the most challenging consumer products to reintroduce into circular economy chains. The demand for above mentioned by-product is limited compared to the number of tyres discarded.
"Nowadays, the majority of tyres are destined for incineration in cement plants because of their energy input," says Tilen Milicevic, board member of Life for Tyres (L4T).
L4T is made up of strategic technological, industry & financial partners who are passionate about generating innovative and sustainable responses to environmental and consumer risks. Under this commitment, L4T Group has focused its efforts on developing and implementing a highly sustainable solution to the environmental issues generated by the more than 26 million tonnes of tyres that are discarded annually worldwide.
L4T Group's patented solution is based on circular economy principles, generating high quality secondary raw material from end-of-life tyres that used to be incinerated or landfilled. With its industrial patented treatment recovery plants, L4T recovers 100% of the components of End-of-Life Tyres (ELT) into advanced biofuel feedstock, green carbon black and high quality scrap steel, which are sold to multinational corporations.
With an investment of over 30 million euros, the L4T plant in Puertollano (Ciudad Real, Spain) expects to recycle 27,000 tonnes per year, which represent approximately 9% of the tyres disposed annually in Spain. The plant will start operating in the 1H of 2022 and, L4T aims, in the medium to long term, to operate at least eight plants in different countries in Europe, Asia, Latin America and the United States, with a combined investment of 250 million euros and a capacity to recycle at least 220,000 tonnes of end-of-life tyres in 2025. In 2022 L4T announced the opening of a two more construction sites for a brand-new plants, one in Ecuador and another in Spain.
You can read more about the benefits of L4T's technology and its medium to long term goals here: https://bit.ly/3EZUZAD
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Email: mexico@lowcarbonbusinessaction.eu
Website: mexico.lowcarbonbusinessaction.eu
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