Titan signs service agreement for oil sands tyre disposal
Titan International has announced that its subsidiary, Titan Tire Reclamation Corp., (TTRC) is leasing ten acres (4 hectares) of land from Suncor Energy, north of Fort McMurray, Canada for ten years to operate a pyrolysis system developed by Green Carbon, a company controlled by Fred Taylor, brother of Titan International chairman and CEO Maurice Taylor. Titan Tire Reclamation has already engaged in negotiations with various companies operating in Canada’s oil sands regarding the disposal of OTR tyres and conveyor belting.