USA | US oil and gas technology company Plateau Mineral Development, Inc. says the firm, in conjunction with Environmental Solutions, has commenced the permitting process for the Tire Converter, and once that's done, early fabrication will begin.
The Converter will recover carbon black, oil, gas and petroleum solvents from tires. The market for carbon black includes the manufacturing of batteries and other products, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound.
Permitting and early fabrication allow Plateau and EnSol's engineers to resolve any fabrication issues that could make building the Converter take longer than needed. Fabrication issues need to be fixed in order to avoid unforeseen delays that would include follow-on production problems.
Robert Matthews of Plateau Mineral Development, Inc. states, "We're thrilled to take the Tire Converter onto the next step in the process. The pre-fabrication brings us one step closer to taking the product to market."
A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs.
Acknowledgement
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