Increased Interest in Titan's Tire Recycling Process

Titan Technologies, Inc. of Alguquerque, NM reports that serious inquiries into use of its tire recycling technology, both in the United States and foreign countries, have increased in recent weeks. Ronald L. Wilder, President and CEO of Titan, said that he perceives the increase is because of enhanced awareness of the growing problems of tire disposal, including a major fire at a tire stockpile in Europe, as well the fact that the Company's process is true tertiary recycling—creating usable products out of what is currently landfill waste.

Titan's process generates good quality oil and scrap steel from recycling tires, in addition to significant quantities of carbon black which can have many industrial uses, including re-use in manufacture of tires. Titan said that recent meetings with the operators of the Taiwan plant using their technology were particularly encouraging in terms of flexibility to produce various grades of carbon black. The Titan process uses low-temperature pyrolysis with a proprietary catalyst, which operates at about one-half the temperature of conventional pyrolysis. At the lower operating temperature, the basic products are recovered in the original form used to manufacture tires.

Titan reported that it planned to continue development work to enhance marketability of carbon black, particularly in terms of purification and production of activated carbon. The Company said it will re-start its portable plant in Albuquerque and process several hundred pounds of shredded U.S. tires, which should provide more than enough carbon product to complete its planned work.

Mr. Wilder also reported increased interest in the Company's technology to recycle scrap electronics, which has been developed in conjunction with Adherent Technologies, Inc., a research laboratory headed by Dr. Ronald Allred, a Titan director. Wilder reiterated that the Company's ultimate objective was to develop a U.S. recycling center capable of handling tires, scrap electronics and waste plastic from automobile salvage.

According to Mr. Wilder, "These wastes are mostly being disposed of in landfills, which creates a problem that grows daily. We believe that our technologies offer the potential to convert this problem into an asset through creation of truly renewable resources and we are committed to proving it on a commercial scale. The Taiwan plant has already accomplished this objective for tires and we are optimistic that it will be followed by additional plants in Europe in the relatively near future. The North American market represents the largest potential and we believe it is only a matter of time before we have an initial plant in this country. We are actively engaged in discussions for financing plants in both the United States and Europe, as well as exploring possibilities for an additional plant in Asia."

Source: Titan Technologies, Inc.
Edited by Kate Goff