The leader in research and development of thermal conversion of rubber, Alliance Recover Corporation, has recently identified a plot of land where they intend to break ground on their initial rubber waste to fuel oil conversion plant. The location in Salem, New Jersey is in a prime location next to the Salem Port terminal and numerous industries that generate large amounts of rubber waste product. This location is central to the tri-state area of New York, New Jersey, and Pennsylvania allowing cost-efficient transportation of rubber waste. It is the first of ten showcase conversion plants planned in and around the area.
With the US plan to rely less on foreign oil, the company is making great progress towards this goal with its waste to energy plants. It is estimated that the annual amount of rubber disposed in the US can be converted into 6 million barrels of oil. During the conversion process energy created can be used to provide electricity to the nearby communities in an environmentally safe way. This is huge in the effort to become less dependent on foreign oil supplies.
The initial plant will serve as the companies showcase model showing the community that this can be done. It intends to use this site as the stepping plate for its US and International expansion.
A huge benefit of the process is its environmental efficiency. Waste is converted to Oil and other products through a thermo chemical process that leaves behind almost no waste products. Oil is then used to power engines driving alternators to generate electricity. The whole process is very “Green” and effectively removes excess rubber waste from the environment.
Engineering prowess and determination at the Company has developed a unique and potentially profitable method of waste to energy conversion. The identification of the initial site is a huge step towards the company vision to reduced reliance on world oil. They are showing the world that there are alternative energy sources and they can be environmentally safe. This company is definitely a good one to watch as they prove their business model profitable.
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