Bolder Industries acquires former Pyrolyx plant
Production at the Terre Haute site will commence early 2023 (Photo: Bolder Industries)
End-of-life tyre raw materials firm Bolder Industries has purchased a former Pyrolyx facility in the USA. It will retrofit the plant in Terre Haute, Indiana, which ceased operations in March 2020, with the Bolder Industries proprietary solution. Bolder will use the facility to increase its manufacturing capacity and commence production there early in 2023.
Bolder estimates that completion of phase one work in Terre Haute will divert approximately three million tyres from landfill or burning, and the company anticipates that production capacity for BolderBlack recovered carbon black and BolderOil will increase nearly three times. The recently announced partnership with Liberty Tire Recycling will thus play an integral role in supplying end-of-life tyres as feedstock to this facility.
An investment of approximately US$40 million will go into the project’s first phase, and Bolder will hire more than 40 people to operate the facility. Upon completing the integration of the company’s proprietary material science process, the Terre Haute facility will repurpose the chemicals in end-of-life tyres to create BolderBlack and BolderOil for rubber, plastic, and petrochemicals supply chains and their new product outputs.
In this recovery process, 98 per cent of the tyre’s materials are utilised and 75 per cent of the solids and liquids make their way back into new tyres, manufactured rubber goods, and plastics. Bolder Industries’ raw materials have an average of 85 per cent savings in greenhouse gas emissions, water usage, and power usage compared to traditional manufacturing.
Providing for future growth
“It’s incredibly rewarding to come back to my home state and revive a great concept and facility,” Tony Wibbeler, chief executive officer of Bolder Industries. “The Terre Haute facility is in an excellent location and has great elements that complement our proprietary technology and process. This purchase enables us to expand our capacity to meet current customer demand now and provides for future growth.”
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