Business & Industry

Apr 1, 2016

New Fuel From Used Tires

Used tires are one of the most common byproducts of the automobile industry. Over the decades, used tires have been piled up and forgotten. Recent urbanization and land development projects have used these rejected pieces of rubber and steel to various purposes, but the energy they contain is held prisioner inside. Now, a new technology and an incredible entrepreneurial idea, allows you to reuse the energy of a used tire, and make a profit with a fast Return On Investment (ROI) project.

<

Normally, products as gasoline, diesel and other refined products are produced in oil refineries where crude oil is processed. It is unusual to speak about producing such products from other origins. But there are less known technologies that successfully produce refined fuels using used tires and other waste plastics with high caloric content. This process can assure a very high environmental protection. This technology is dully registered at the World Intellectual Property Organization under the Patent Cooperation Treaty since 2002 and it has been already tested and applied.

After the experimental phase was completed, Portuguese company GBEN – PRODUÇÃO DE COMBUSTÍVEIS, Lda. is now representing the technological license for the industrial development of this technology in several countries in Europe or in other Continents, such as South America and Africa, with important internal markets of used tires.

The entire technology and operation unit is a turn-key solution. Initial studies recommended a standard amount of 40 ton/day, which means the need to have access to about 15.000 ton/year of used tires and other waste plastics for reaching a non-stop production. However, this amount may be reached in successive phases through 10 ton/day modules, facilitating the start up. The estimated investment is about EUR 15.000.000, of which about EUR 10.000.000 corresponds to equipment to be delivered by the group that owns the technology, in order to avoid any breach of confidentiality regarding the registered licenses. This estimation has to be adjusted as soon as specific technical designs are finalized, and a final decision about location and the engineering cabinet responsible for the technical execution has been made. The Project takes about 20 months to be built and ready to start production, as the normal term for the manufacture and assembly of the equipment is 14 months.

The selection of the location and the site for implementing the industrial plant must take into consideration the location of used tires and other used plastics collection points to the area of the plant, as well as the places of concentration of vehicles and consumers. This means buying or renting a site with an area of about 30.000 m2, allowing a possible expansion if there is access to more than 15.000 ton/year of used raw materials.

In its inception, the technology used in these plants is basically the same as the one used in oil refinery which transforms crude oil into refined products and gas, through a normal petrochemical process: the cracking of the molecules, gasification, cleaning of gases and rectification. The main technological innovation in this patent is in recycling waste, providing direct environmental benefits in terms of removal of any pollutant components and assuring high yield in the production of new products, such as gasoline, diesel, gas, solvents and acids. One must take into consideration that the fact that the technology improves the environmental quality is included in the general concept of Valorization Operations referred into the Annex II of the Directive 2008/98/CE with the denomination of R1 – Use as fuel or another source of energy.

The functioning of the plant relies entirely on the regular access to the raw materials that are to be turned into fuels or other chemical products for industry and electricity from renewable source. This transformation is legally possible, as the industrial process is in accordance with legal applicable rules for recycling and energy valorization of waste, as set up in Directive 2008/98/CE of the European Union. For an industrial unit of 40 ton/day the annual production of gasoline and diesel, but also solvent, sulfur acid and electricity can generate a total aggregated sales of about EUR 8 million in the selected market. Considering the estimated operational costs, including about 25 workers, the provisional operational result leading to the conclusion that this Project is financially feasible with high levels of net present value (NPV) and internal rate of return (IRR).

Your VIP Partner spoke with one of the technology developers, Mr. George Shamkulashvili, that assured the technical feasibility of the industrial process and has mentioned that investors are needed to develop this Project in several countries which are concerned with the negative consequences of the disposal of used tires in the environment, instead of using this source of energy for recycling them for producing new energy products necessary for the economy as gasoline, diesel, solvents and electricity.

If you are an investor looking for opportunities within the fuels area, this is an excellent opportunity to take the lead of technology and contribute to a better, less polluted greener planet.

More Articles

FeaturedArticles

  • Hotel-deserto-Marrocos

    Lifestyle & Travel

    Jun 26, 2018

    TEA IN THE DESERT, MY DEAR?

    On these modern times, adventure tourism in exotic far away places became exotic, but on Southeast Morocco there is a small oasis amongst the dunes that will delight even the most otiose and adventure hostile tourist

  • Depositphotos_39732177_xl-2015

    Science & Nature

    Mar 1, 2017

    EASTER ISLAND - THE MISTERY REMAINS

    It is perhaps one of the best kept secrets of mankind, the Moais, also known as the Easter Island Heads, statues carved from the rocks of the Rano Raraku volcano, which can weigh 88 tons and reach 10 meters in height, have become...

  • pele

    Helthcare & Wellness

    May 16, 2018

    AGING GRACEFULLY

    Sun protection is the single most important thing you can do at any age to keep skin healthy


  • Real-Liga-Naval-Espanhola

    Culture & Art

    May 31, 2018

    HONOR AND PRESERVE HISTORY

    Portugal and Spain share one of the longest world histories in matters of navy traditions, being very common, inclusively, the cases of monarchs from both countries with academic education in military navy schools


    ...

  • as-lentes-de-um-genio.html

    Culture & Art

    Apr 1, 2017

    THE FEARLESS PHOTOGRAPHER

    Daring, shocking, vibrant, without fear, without the worry of being accepted or rejected, but always with the desire to leave us speechless when face-to-face with his art. Thus is this American, born 11 of March 1963, in Hartford,...

  • 1

    Lifestyle & Travel

    Dec 4, 2018

    Sardinia

    "Situated in the middle of the Mediterranean Sea, Sardinia is a mainly mountainous region marked by the absence of high peaks, set in a vast and charming, yet bittersweet, natural environment. In fact, the presence of man hardly seems...


  • cars1

    Mechanics & Locomotion

    Nov 1, 2016

    CLOSE FUTURE FICTION - SELF DRIVING CARS

    This is an issue that got definitely into our lives and which leaves no one behind. Whether you like it or not, whether you want it or not, self driven vehicles are really going to stop including the human factor, with the purpose...

  • The Rituals That Never Change

    Lifestyle & Travel

    Dec 31, 2015

    The Rituals That Never Change

    Whether you are a wife of a Sultan, or a humble person, your body loves to be treated with care and tenderness. Like it was 500 years ago, people feel the same now. There is good news for you: in the 21st century you...

  • 1

    Business & Industry

    Jul 1, 2015

    Heavy lifting anywhere

    After the invention of the first rough-terrain masted forklift, in 1958, the brand founded by Andree Braud and Henry Faucheux never stopped growing. Today, the french company is one of the leading forklift manufacturers and supplies...