Alliance Recovery engineered a unique process that turns rubber waste such as tires into electrical energy through a thermal process. Thousands of Tires and other rubber waist goes unused every year in America, but this rubber waste is no longer waste when used in the company’s revolutionary process. While many companies have engineered processes to develop power, most use precious fossil fuels. This is what makes the company’s thermal decomposition of rubber so unique.
Many economic, operational and environmental advantages come out of the process. The rubber waste product that would usually go to landfills is converted to fuel through the Alliance Recovery’s thermal decomposition process. There is no residual waste left behind, which is a massive environmental advantage. Fuel from the process goes to power alternators that generate electricity that is then sold to the local area.
During the conversion process, gasses and Carbon Black remain. The Carbon Black is sold and the gases are used to grow crops that are then sold as well. This provides the company with multiple revenue streams. The company estimates that each plant will have yearly EBITDA of $7 million.
Alliance Recovery is building the first plant in the greater New Jersey that is to be used as a showcase for the process. It is expected to be operational in 18 months. Recently they secured $20 million in equity financing to build the planned conversion plants. They have plans to build more showcase plants in the coming years and also have foreign interest in the plants.
The many benefits of the company’s avant-garde process are easy to see. They offer a solution to two big problems – what to do with rubber waist and how to stop reliance on fossil fuels. With oil hitting $100 a barrel and showing no signs of a downtrend, the company’s process continues to become more attractive. Many expect companies pursing alternative energies to be tomorrows Googles, Apples, and Microsofts.
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