Each of the proposed future plants will be able to process a minimum of 150tons per day of waste tires, which will generate revenues in excess of $30m per plant per year.
Management of the company is of the opinion that the patented QES2000 System is an advanced pyrolysis and gasification system, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste, etc) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled.
The supplier’s president advised that the supplier has access of up to 1,200tons of waste tires per day in the South Eastern part of the US, which will be available for future expansion of the existing plant or the construction of new plants. He also indicated that the company may acquire access up to 5,000tons per day of Crumb Rubber.
The company claimed that the QES2000 System is designed to meet the global challenges of the 21st century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the global environment.
