The largest player in the USA’S tyre recycling sector will soon have a new owner. Global investment firm The Carlyle Group has agreed to sell Liberty Tire Recycling to ECP, a 2005-founded investor across energy transition and decarbonisation infrastructure assets. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021. The parties have not disclosed financial details.
Thomas Ballegaard has returned to a business closely linked to the tyre industry. Just over a year after parting ways with STARCO, he has taken on the role of chief commercial officer at end-of-life tyre recycling specialist Genan. He joined the Genan team on 1 March, taking overall responsibility for European Sales as well as for global marketing and product management.
Kal Tire reports that a full start-up is imminent at its new off-the-road (OTR) tyre recycling facility in Antofagasta, Chile. One of two thermal conversion reactors has completed commissioning and is now undergoing full load tests to process 20,000 kg of tyres, the equivalent of five 63-inch tyres. Commissioning of the facility’s second reactor is nearly complete and full production in sight.
Mark Berry has joined the board of sustainable hydrogen company Powerhouse Energy Group as a non-executive director. A partner at Norton Rose Fulbright LLP. Berry specialises in financing energy, infrastructure and process engineering projects. He has particular expertise in the waste to energy (including materials recovery and fuel recovery from waste), transport and mining sectors.
Engineering group Andritz has opened a new 3,600m2 test and research centre for the recycling industry in St. Michael, Upper Styria, Austria. The group, which supplies plant machinery for recovering energy and materials from tyres and auto parts among other waste streams, is to expand its research and development activities with the new facility. It will collaborate closely with the University of Leoben at the Andritz Recycling Technology Center (ART-Center), though the ART-Center is available to customers and researchers from around the world. The facility is equipped with innovative shredder technology from the company’s ADuro product line, used for primary and secondary shredding as well as fine granulation and dismantling of composite materials. This enables customers to conduct recycling tests under real plant conditions with industrial-scale equipment.
Synthetic rubber and plastics manufacturer Trinseo has reached definitive agreements with Swiss sustainable tyre recycling specialist Tyre Recycling Solutions (TRS) on a commercial collaboration and an equity investment in TRS. The transaction is expected to close later this quarter, subject to ordinary closing conditions.
After almost 20 years with Conica, the company’s operations director, John Bramwell, is retiring at the end of October. Commenting on his retirement, company representatives said Bramwell “has been a fundamental part of everything the company has achieved and will leave Conica with one of the best truck tyre recycling plants anywhere in the world.” In addition to his leadership role at Conica, Bramwell also represented the industry in a number of roles, including as a director of the Tyre Recovery Association (TRA).