Bolder Industries Inc., a Boulder, Colorado-based company focused on converting end-of-life tires into sustainable carbon black, petrochemicals, steel and power, has partnered with Pittsburgh-based Liberty Tire Recycling to provide circular solutions and sustainable raw materials to rubber, plastic and petrochemical businesses.
To meet its contractual obligations for its BolderBlack and BolderOil products, Bolder Industries requires 60 million end-of-life tires annually for feedstock, which it plans to ramp up over the next 10 years. The company reports that this new partnership agreement will help to supply Bolder with a reliable source of feedstock for the next decade.
“Liberty is in constant pursuit of the highest and best use of end-of-life tires. We have been investigating the chemical extraction business for many years and Bolder has proven to be a partner we can rely on to work with us and our customers on a large scale,” says Thomas Womble, CEO of Liberty Tire Recycling. “Bolder and Liberty are aligned in their goals to increase sustainability for waste tires and our new partnership will accelerate the growth and global expansion for both companies in this critically important space.”
Bolder Industries reports that it expects tire companies, rubber manufacturers, plastic manufacturers and petrochemical companies to ultimately benefit from the partnership. The company adds that it estimates the partnership will enable it to contribute 400 million pounds of BolderBlack, 1.8 million barrels of BolderOil and 100,000 tons of recycled steel.
“Liberty Tire Recycling and Bolder Industries are here to provide full-scale opportunities to tire manufacturers who have committed to recycled content and sustainability goals. Bolder Industries is leading the solution for historically devastating end-of-life tire challenges. Our circular approach is what helps our customers meet their goals,” says Bolder Industries CEO Tony Wibbeler. “Our partnerships with Liberty Tire Recycling, Tokai Carbon, Continental Carbon and Tauber Oil unite the top brands in our industry to provide a closed-loop solution for the end-of-life tires without supply chain disruptions.”
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