Quadra in Negotiations to Establish Waste Tyre Conversion Plant
Nevada, USA based company Quadra Projects Inc. has announced that it is in “ongoing negotiations” to enter into a joint venture with two companies – Renewable Energy Capital LLC and an “undisclosed” tyre supplier – to establish a waste tyre conversion plant capable of processing waste tyres into marketable by-products.
Quadra management states that this transaction will “supercharge Quadra’s worldwide efforts” to be a leader in “Green Tech.” It says “conservative” forecasts of revenues from the plant in the first twelve months after its completion exceed US$30 million. Joint venture operations, Quadra adds, are expected to quickly expand after completion of the first plant.
The company’s patented “QES2000 System” is, company management opine, the most advanced pyrolysis and gasification system in the world. It is reportedly specifically designed to convert all organic waste, including used tyres, into by-products such as N220 carbon black, biochar fertiliser, and/or fuel oil or fuel gas for the production of electrical power – all without any measurable environmental pollution or ash to be land filled. Company management adds that, because of the QES2000 System’s affordability and the revenue gained from sale of the by-products, the return on investment is much greater than for other competitive systems.
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