Tyre recycling: Investment aiding Bolder Industries’ global ambitions
Bolder Industries, Inc., a US-based firm specialising in converting end-of-life tyres into sustainable carbon black, oil and steel, has raised US$80 million in equity and an additional $100 million in committed project-level funding. This will support global growth to meet rising customer demand, including long-term contracts from major automotive, manufactured rubber, plastics and sustainable petrochemicals partners. Funding is co-led by CIM Group and Aravaipa Ventures and supported by strategic partner Tauber Oil.