Dive summary:
- CTC Plastics, in partnership with Lehigh Technologies is recycling old tires and turning them into pallets that are sold back to tire and automotive companies.
- The pallets are a 50/50 mixture of powder made from the old tires and polypropylene, commonly used in numerous goods such as packaging and textiles, which also comes from recycled sources.
- The initial launch of the product has gone so well that CTC says they are looking to make other compounds with polyethylene, which could be used in other products.
From the article:
The company said the pallets have the same performance and quality as ones made from virgin material but cost less and offer a reduced carbon footprint.
The pallets are also a great recycling story, said John Dennis, chief operating officer, in a phone interview.
"Rubber tires are probably one of the worst [pollutants] in the continent," he said.
CTC uses end-of-life tires in its masterbatch, which is made into pallets that CTC sells back to tire and automotive companies, offering customers a closed-loop solution, he said. ...
