Posts Tagged ‘tire dumps’

Millions of Old Tires Spark Recycling Frenzy

InfoSpi, Inc. plans to build up to ten plants that can extract oil, steel, and carbon black from used tires.

It’s like finding money on the street: the average tire contains the same energy as seven gallons of oil, and it has a heat content up to 16% higher than coal.  That’s one reason why tire recycling is starting to catch on in a big way.   It’s finally starting to put a dent in the notorious tire dumps in the U.S., many which are illegal.

Large scale tire recycling mainly consists of chipping or crumbing the tire so the rubber can be used in highway surfaces, or burned to provide power for manufacturing.  Whole tires are also used in civil engineering projects.  But the future of tire recycling may belong to a slew of companies that are coming up with new ways to recover more valuable resources from the mountains of “black gold” that dot the U.S. landscape.

Magnum D’Or to Recycle 30 Million Old Tires into…New Tires

Magnum D\'Or Resources, Inc. will recycle old tires to make new tires.

Magnum D’Or Resources, Inc. has just announced that it is on the verge of buying one of the biggest tire dumps in the world located in Hudson, Colorado.  More than 30 million tires are estimated to reside in the 120-acre parcel, and Magnum believes that nearby rail and and other transportation facilities make it ripe for the picking.  The company plans to use its next-generation tire recycling facility in Canada to convert the “black gold” into high grade rubber nuggets that could be used in the manufacture of new tires.  With an estimated 290 million scrap tires generated annually in the U.S. alone, it looks like Magnum D’Or has tapped into a virtually endless supply of sustainable feedstock for its operations.

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