The G3C Technologies Corporation offering is now closed and is no longer accepting investments.

G3C Technologies Corporation

We Give New Life to Old Tires

Regulation Crowdfunding
Basking Ridge, NJ
Environment
Accepting International Investment
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G³C Technology - An Innovative Waste to Wealth Technology

"Each year an estimated 1.7 billion tires reach the end of their lives, creating 18 million tons of waste to be disposed. The government has focused on disposing of these waste tires in an environmentally safe manner and the scrap tire industry has focused on getting the most out of waste, but we are committed to giving these "end-of-life tires" a life in a sustainable and beneficial way.


Frank Enkai Hsu                                                                                    

Sr. VP of Business Development                                                        

G3C Technologies Corporation                                                          

G³C - our Triple-Green Conversion Technology that gives New Life to End-of-Life tires

The number 3 In G³C represents three major environmental advantages of our technology:

  • G1: Our process does not generate any hazardous air pollution or waste discharge. All of the water used for the process is recycled so there is no waste water discharge. The G³C process’ carbon footprint is approximately 20% of that of a typical virgin carbon black manufacturing process from fossil oil or gas. 

  • G2: We do not use any fossil source material as feed for the process. Unlike the conventional carbon black manufacturing process that uses fossil oil or gas, the G³C process uses scrap tires as raw material.

  • G3: All the fuel and energy required for the process is self-generated so there is no need to use any fossil fuel for the system operation.

We have been developing and perfecting our G³C Technology to solve our world’s scrap tire problems by converting environmentally damaging waste tires into recovered carbon black, suitable for tire making and other high value applications.

Join us to make our world greener and wealthier by giving new life to the end-of-life tires. 

Note: “G³C Technology” is named after our registered trademark “GREEN³CONVERSION®” (G3C). No superscript is used in our company name “G3C Technologies Corporation” (G3CT) for simplicity.

   

The Offering

$60 / share of Class B Non-Voting Common Stock| When you invest you are betting the company’s future value will exceed $22M. ***

With a minimum Investment of $120 you will receive 2 shares of Common Non-Voting  @ $60.


Perks*

Invest between $1,000 and $1,979 and you will receive a G³C windbreaker


Invest at least $1,980 and you will get 10% bonus shares, representing a discount on your price per share. 

(E.g. if you invest $1,980 your price per share will be $55.00)


Invest at least $5,040 and you will get 14% bonus shares, representing a discount on your price per share. 

(E.g. if you invest $5,040 your price per share will be $53.05)


Invest at least $10,020 and you will get 18% bonus shares, representing a discount on your price per share.

(E.g. if you invest $10,020 your price per share will be $50.86)


Invest at least $20,040 and you will get 22% bonus shares, representing a discount on your price per share. 

(E.g. if you invest $20,040 your price per share will be $49.24)


Invest at least $40,020 and you will get 26% bonus shares, representing a discount on your price per share 

(E.g. if you invest $40,020 your price per share will be $47.64)

 

* Perks delivery occur after the offering is completed.

** Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

For details on the bonus, please see the Offering Summary below.

***As of May 10th, 2019, outstanding convertible notes in the amount of $1,500,000 have been converted into 35,405 shares of Class A Common Voting Stock.  These converted shares were not included in the post-money valuation calculation.

Scrap Tires Disposal - a Monumental Problem for our World

An Enormous Number of End-of-Life Tires are Created Each Year

More than 1.76 billion new tires were produced globally in 2015 (Source: Notch Consulting, Inc.). Tires reach their end of useful life, becoming end-of-life (EOL) tires, in just three to six years (Sources: Edmunds.com, Tire Safety Group). Extrapolated out, these numbers suggest that at least 1.7 billion tires will become EOL tires by 2021.

The Improper Disposal of These End-of-Life of Tires is Affecting Human Lives

About 15% of EOL tires end up in landfills, resulting in serious soil deterioration (Source: 2018 Scrap Tire and Rubber Users Directory). Other disposal methods, such as mulching and paving with shredded tires, can contaminate soil and groundwater.

Even more severe environmental problems arise from tire incineration. This process not only releases NOx and SOx, the culprits behind acid rain, but the greenhouse gas CO2 is also generated. The incineration of one passenger car tire releases 22 kg of CO2, while each truck tire can generate 110 kg of CO2 (estimated based on: Rubber Manufactures Association – Scrap Tire Management Council and 2005 Report on Air Emissions from Waste Tire Burning in California).  Approximately 1.3 billion passenger tires and 0.4 billion truck tires are expected to reach their end of life by 2020 (Sources: Edmunds.com, Tire Safety Group and Notch Consulting, Inc.) which, assuming a conservative estimate that 25% of global EOL tires are incinerated, would produce over 18 million tons of CO2, the culprit of climate change.


Tire Incineraton

Causes Air Pollution And...

Acid Rain

Carbon Black Production – A Must for Making New Tires, but the Culprit for Carbon Emission

New tires are made with virgin carbon black produced by incomplete combustion of fossil fuel. This process not only depletes the decreasing fossil resources of our earth, but also creates damaging air pollution.


For every kilogram of virgin carbon black produced, 2.37 kg of CO2 are emitted into the atmosphere (Source: Laura Kokko. Greenhouse gas emission from tyre production, M.Sc. Thesis, 2017). World production of virgin carbon black in 2018 is estimated to reach 12.8 million tons (Source: Notch Consulting, Inc.), which would result in 30.3 million tons of CO2 emissions.

             

G³C Technology – The Circular Economy Solution to the Problem

Converting Scrap Tires into Quality Carbon Black for Making New Tires

Our GREEN³ CONVERSION® TECHNOLOGY (G³C Technology), with its innovative system design and process control, surpasses all conventional technologies that produce recovered carbon black (rCB) from scrap tires.  

 

We have made significant progress in converting scrap tires into high-grade rCB for both tire carcass and tread. No other technologies have the potential to achieve such a result, as competitors are only capable of producing low-grade rCBs suitable for carcass only. 

 

This process would make the cycle "scrap tire -> carbon black -> new tire" complete by producing rCB for all parts of the tire. The G³C Cycle will be a perfect circular economy solution, for the environmental problems caused by both old tire disposal and new tire production.

Intellectual Property

G³C Technology is protected in the United States by a patent. In May 2017, USPTO awarded G3CT (formerly Long Arch Technologies Corporation) with US Patent number 9,663,662


G3C Technologies has filed national phase patent applications in India, China, Europe, and Canada. G3C Technologies has received a Notice of Allowance for its patent application with Canadian Patent Office.

G3CT owns a registered trademark GREEN³ CONVERSION®

G³C Technical Advantages

The most important technical advantage and distinguishing feature of the G³C technology is its ability to preset and control the grade of the rCB produced by changing process parameters via the process control system. Certified test reports demonstrate that the key properties (i.e., surface area and structure) of rCB produced by the G³C process meets or surpasses those of the most commonly used high-grade virgin carbon black (i.e., material to make brand new tires) and far exceeds those of rCB produced by other scrap tire conversion technologies. We believe these findings show that rCB produced by the G³C process has the potential to replace major virgin carbon black grades for various high-standard rubber, plastic, and specialty products, such as tire carcass (i.e., non-tread) and tire tread, plastic auto parts, inks, paints, and semi-conductive parts; many of these products can only be manufactured today using virgin carbon black. The G³C system also produces oil and gas as byproducts, allowing the process to fulfill its own energy needs and greatly reduce system operating costs.


  

G³C R&D Advantages

G3CT’s remarkable R&D achievements in developing G³C technology, accomplished within relatively short time and budget, are attributable to the performance of our outstanding US-Georgia R&D Team. Most of the scientific research and core system design work are conducted in the United States, and all lab experiments and equipment fabrication works are performed in Tbilisi (Republic of Georgia) by the Georgian R&D Team. G3CT tapped into the deep knowledge of Soviet-educated scientists and engineers, leveraged favorable labor cost structures, and favored by the friendly relationship between the United States and the Republic of Georgia.


Since July 2015, G3CT has been cooperating with Agladze Institute of Inorganic Chemistry and Electrochemistry (IICE) of the Tbilisi State University (TSU). The high caliber Georgian Team, access to numerous IICU R&D facilities, plus very close coordination with the U.S. R&D Team, greatly expedited the success of our R&D endeavors. All of the Georgian Team's R&D efforts are executed on a contractual basis, fully funded by G3CT, and 100% of the developed Intellectual Property is owned by G3CT, as per the IP agreement.

The Georgian Leadership Group consists of 4 people, including 2 doctors (BIOs shown in the Team section below).

The Georgian Experimentation Group consists of 6 people, including 1 doctor, 3 engineers, and 2 technicians.

The Georgian Chemical Research and Material Testing Group consists of 7 researchers and is focusing on rCB Enrichment, as well as on measuring rCB properties. The group includes 5 doctors and 2 chemical engineers.

The Georgian Engineering Group consists of 5 veteran engineers and technicians who designed and built the experimental devices per G3CT's proprietary specifications.

   

G³C Commercial Advantages

In addition to its technical superiority, our G³C technology offers significant commercial advantages:

  • Our potential ability to produce a wide range of high-grade rCB not only gives us market exclusivity of offerings, but also allows us to command higher prices on the market.
  • Low raw material cost makes the production cost of rCB lower than the cost of virgin carbon black production from fossil fuel.
  • The fee collected for disposing scrap tire (aka tipping fee) further enhances the profitability of the recovered carbon black business.
  • Unlike virgin carbon black, the cost of rCB manufacturing is not affected by the fluctuating price of crude oil.
  • The ever-increasing price of oil will be a strong driving force for the use of rCB in lieu of virgin carbon black.

Expert Opinion

"G3C Technologies have developed a unique thermolysis & refining process which converts mixed end-of-life tire feedstock into gas, oil, and high-grade recovered carbon black. Carbon char produced by G3C thermolysis is refined to a higher surface area and structure. Then it is enriched in carbon by lowering its ash content. The result is a recovered carbon black with higher structure and higher surface area than even the carbon blacks used in the waste tire feedstock. We believe this technology will open new markets which are currently not accessible for other commercial grades of recovered carbon black, for example conductive applications. I think highly of this technology and the team behind it. I also am very much looking forward to seeing first in-application results.”

Martin von Wolfersdorff 

WOLFERSDORFF CONSULTING BERLIN
Alternative Rubber Fillers - Tire Pyrolysis - Tire Technology

“First evaluations of G3C recovered carbon black are quite promising. Implied surface area measured with standard ASTM tests indicate an enhanced surface structure which can lead to high performance in rubber products. Indeed most recovered carbon blacks (rCB) evaluated have performance very similar to carcass grade carbon black (i.e. N550 grades). G3CT data indicate their rCB may perform as well as tread grade CB’s (i.e. N120, N234) which in turn would promise much higher product and economic value than currently commercial pyrolysis-based rCB’s. G3CT should be watched closely for further developments and exploitation of this potential.”


Raymond F. Riek

R&D Management Consulting, LLC

Former CEO/Founder of Carbolytic Materials Company

     

The Market

Global Carbon Black Market - 2018 Estimation

The World Carbon Black Market is $17.5+ Billion

Estimated global 2018 carbon black production is 12.8 million tons and the current average carbon black price is about $1,400 per ton.

The diagram below shows carbon black market broken down by applications. The global carbon black market is growing at an average rate of 2.6% per year.

Source: Notch Consulting, Inc.

Competition

The rCB market is new and the potential is great.  There are a few competitors in the low-grade rCB market, but there is no current competition in the high-grade rCB market yet. 

Three Technology Generations

Generation 1 - Until the turn of the century, the traditional pyrolysis process had been used to convert scrap tires into steel, fluff, char, oil, and gas (no rCB). Those pyrolysis systems were designed primarily to produce oils as a result of the high oil prices during the 1980s and 1990s. Many such systems are still in operation, mostly in Asian countries. These systems represent the most primitive Generation 1 Tire Conversion Technologies.

Generation 2 - In recent years, a new generation of tire pyrolysis was developed for the production of rCB in addition to oil and gas.  Due to technical limitations, the rCB produced is only suitable for tire carcass, gaskets, hoses, and belts, but NOT for highway tire tread or conductive applications. These systems represent the Generation 2 Tire Conversion Technologies.


The two major properties of carbon black are surface area (N2SA, aka BET, ranges from 30 to 400+ m2/g, the higher the better) and structure (OAN, ranges from 30 to 180+ ml/100g, the higher the better). As shown in the chart on the right, the surface area and structure of the Generation 2 rCB are below 100 m2/g and 125 ml/100g, respectively. The Generation 2  rCB usage is limited to lower performance applications.

Generation 3 - The emerging Generation 3 Tire Conversion Technology has the potential of producing rCB that can replace virtually all virgin CB grades and is suitable for the most demanding applications, such as tire treads for highway vehicle and semi-conductive cable coating. 


The Generation 3 technologies have the potential to produce rCB with main properties, i.e., surface area and structure, well above those of the rCB produced by the Generation 2 technologies. As shown in the chart on the right, the Generation 3 rCB covers the entire range of the commercially used carbon blacks.


This chart includes a series of G3C Conductive Grades, which were produced by the G³C Conversion Process. These grades feature particularly high surface area property values.

Based on published data, our G³C technology is the first and only implementation of the Generation 3 Tire Conversion Technology -  This conclusion is supported by the test report issued by Sid Richardson, an ASTM certified lab, for an rCB Sample produced with the G³C Conversion Process. The report verifies G³C tire conversion technology’s ability to produce rCB with high surface area (N2SA, aka BET = 358.2 m²/g) and high structure (OAN = 129.4 ml/100g), which is not possible with the Generation 2 technologies.


This report also proved another capability of our technology - G³C Enrichment Process is capable of reducing impurities in the rCB (i.e., ash and sulfur) down to less than 0.5%. This result represents a far more advanced purity than any other known rCB purification results.

Note: ASTM is the international standard body for testing and materials;  Sid Richardson was acquired by Tokai Carbon Co and operates under that name now; Long Arc Technologies Corp. is the former name of G3CT.

Tire-making Carbon Black

We believe G3CT is well positioned to develop a wide range of Generation 3 rCB products for tire making, including rCB for highway tire tread and tire conductivity additive, which cannot be made by any of the Generation 1 and 2 rCB producers. Tires need to be conductive to ensure vehicle grounding, in order to prevent possible shock of driver and passengers by static electricity or lightening.

Specialty Conductive Carbon Black

As far as we know, G³C technology is the only Generation 3 scrap tire to rCB technology that can produce highly-conductive and high-purity rCB. This type of rCB has the potential to be well-suited for a number of semi-conductive applications. In this market, G³C technology is expected to enjoy a monopoly for the foreseeable future.

G³C Advantages over Virgin Carbon Black Producers

  • “Green” tires are preferred by the general consumers.
  • Governments of developed countries promote and support scrap tire recovery with monetary assistance and/or favorable accommodations (Sources: US EPA; Rubber & Plastic News, Scrap tire management rules vary across world, Jan 20, 2015).
  • Elimination of environmental damage by both virgin carbon black production and improper tire disposal.
  • The lower production cost of rCB provides for good sale price advantages (generally about 80% of the price of virgin carbon black) and ensures market viability.

The G³C New and Exclusive Market

G³C technology, as the first and only Generation 3 tire to rCB technology to our knowledge, is poised to implement a "blue ocean" strategy, creating and occupying three NEW and EXCLUSIVE rCB market segments.

NEW and EXCLUSIVE Market Segment 1: High-Grade Carbon Black for Highway Tire Tread


  • Total CB for Tires ~9,500,000 tons per year
  • Total High-Grade estimated 26% or 2,500,000 tons (includes Car tread and portions of Truck/Bus & Other tread)

  • Average price - $1,350 per tons


Market Segment Size = $3,375,000,000

NEW and Exclusive Market Segment 2: High-Grade Carbon Black for Non-Tire Rubber & Plastics



  • Total CB for Non-tires ~2,400,000 tons per year
  • Total High-Grade ~63% or 1,500,000 tons
  • Average price - $1,350 per tons

   

Market Segment Size = $2,025,000,000

NEW and EXCLUSIVE Market Segment 3: Specialty Conductive Carbon Black



  • Total CB for Specialty ~900,000 tons per year

  • Total Conductive Grades ~14% or 100,000 tons

  • Average price > $4,000 per tons


Market Segment Size > $400,000,000

Total addressable market for G³C is 12+ million tons, $17+ billion per year

NEW and EXCLUSIVE addressable market for G³C is 4+ million tons, $5+ billion per year

Note: Notch Consulting, Inc. was used as a main source of the market data. Other numbers were obtained from publicly available sources. However, some missing numbers were extrapolated and estimated based on the available data. Therefore, please treat all numbers provided above as just estimations for illustration purposes only. They provide the order of magnitude but may not be exact or accurate. Please do not base your investments decisions on these numbers.



Our Roadmap to Success

Market Entry

In order to stake out the new and exclusive rCB market segments, several dozen G³C tire conversion plants will have to be built around the world. To start our long journey of saving the world from the scrap tire disaster, our first step will be to team up with governments, enterprises, project developers, and venture capitalists all around the world to build the first G³C plants in their respective regions. Due to the very favorable operating income, once the first G³C plant is in operation, more new and bigger capacity plants will follow.


Example: We project that for a plant that processes 240 tons of scrap tire per day, the yearly income is estimated at $17 million and the capital costs of $60 million can be recovered in less than four years.  


G3CT revenue during this stage will consist of a technology usage fees, sale of proprietary G³C equipment, and a share of the annual income of the plants. With a successful market entry, which will take one to two years, we can proceed to build our worldwide network of build-own-and-operate G³C plants to meet the huge and increasing demand.

Present Focus & Current Stage of Development

The G³C Technology process R&D phase was concluded in early 2018 and we have since been making progress on the technology commercialization (building a G³C pilot production line) and product R&D (rCB products development for specific high-demand applications, such as tires, high performance rubber products, semi-conductive applications, etc.). We are building a bright future on a strong and firm foundation, and we do need solid building blocks. The funds raised from this campaign will be used to accelerate our current effort of technology commercialization, new rCB product development, and business development.

Long-Term Trajectory

The chart below illustrates our very conservative projection of G3CT addressable market penetration percentage for the next 15 years. The growth rates for the market and for the G3CT business are incorporated in the projection. Considering huge addressable market size (currently $17+ billion), even the conservatively projected market penetration (about 0.4% in 15 years) would represent $680+ million annual target market.

Please note that the above chart is for illustration purposes only. It provides the feel of the order of magnitude for the market penetration. The numbers used in these charts may not be accurate and do not represent a reliable financial forecast. Please do not base your investment decisions on this chart.

Market Traction

After in-depth discussions about critical environmental dangers of the scrap tire situation in the Republic of Georgia and prospect of developing commercial tire processing in the country, the Georgian Government issued a letter of support for building a Tire Conversion plant in the free industrial zone. We are having ongoing discussions/negotiations with a number of project developers and capital investors around the world, and we have received letters of intent from several companies in Europe and Asia.


Invest in G3C Technologies

We believe our world is facing a scrap tire disposal crisis and is urgently in need of an all-encompassing solution. Our solution includes the following four steps:

 

  • We'll design, build and test a Pilot G³C Production Line for conversion of scrap tires to rCB and develop a portfolio of high market demand rCB products. 

  • Retrofit G³C equipment into existing scrap tires processing plants. 

  • Offer a Turn-Key plant system to augment existing or build new tire conversion plants. 

  • Establish worldwide Build Own & Operate (BOO) plant network to capture a large portion of the world market.

Join us on this exciting endeavor to save the environment by turning waste to wealth!

Offering Summary

Maximum 17,833* shares of Class B Non-Voting Common stock ($1,069,980)

*Maximum number of shares subject to adjustment for bonus shares. See share price discount bonus below.

Minimum 167 shares of Class B Non-Voting Common stock ($10,020)


Company

  G3C Technologies Corporation

 

Corporate Address
233 Mt. Airy Road Suite 100, Basking Ridge New Jersey 07920
 

Description of Business
G3C Technologies Corporation (G3CT) is developing, testing and patenting innovative technologies for converting scrap tires into carbon black, which has high market demand. G3CT markets such technologies to achieve a worldwide processing of scrap tires and to significantly reduce production of virgin carbon black that is using scarce natural resources i.e. oil and gas.

 

Type of Security Offered
Class B Non-Voting Common Stock
 
Purchase Price of Security Offered
$60.00
 

Minimum Investment Amount (per investor) 
$120.00













Perks*

Invest between $1,000 and $1,979 and you will receive a G³C windbreaker

Invest at least $1,980 and you will get 10% bonus shares, representing a discount on your price per share. 

(E.g. if you invest $1,980 your price per share will be $55.00)

Invest at least $5,040 and you will get 14% bonus shares, representing a discount on your price per share. 

(E.g. if you invest $5,040 your price per share will be $53.05)

Invest at least $10,020 and you will get 18% bonus shares, representing a discount on your price per share.

(E.g. if you invest $10,020 your price per share will be $50.86)

Invest at least $20,040 and you will get 22% bonus shares, representing a discount on your price per share. 

(E.g. if you invest $20,040 your price per share will be $49.24)

Invest at least $40,020 and you will get 26% bonus shares, representing a discount on your price per share 

(E.g. if you invest $40,020 your price per share will be $47.64)

* Perks delivery occur after the offering is completed.

** Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

 

The 10% Bonus for StartEngine Shareholders 

G3C Technologies Corporation will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date. This means you will receive a bonus for any shares you purchase in addition to all other discounts, i.e. you will receive a bonus for any shares you purchase. For example: if you buy 10 Common Non-Voting Shares at $60 / share, you will receive 1 Common Non-Voting bonus shares, meaning you'll own 11 shares for $600.  Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments; Any future or retroactive expense associated with this Reg CF campaign.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$571,695.00 USD
$875,499.00 USD
Cash And Cash Equivalents
$273,558.00 USD
$733,996.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$1,024,792.00 USD
$16,369.00 USD
Long Term Debt
$500,000.00 USD
$1,000,000.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$500.00 USD
$500.00 USD
Net Income
-$818,005.00 USD
-$478,786.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

G3C Technologies campaign is closing today

3 months ago

G3C Technologies (G3CT) campaign will close in few hours. Thanks to all supporters and hard work of the project team, the G3CT has already achieved major business and technical campaign goals (see the previous update). The recently created partnerships and technology results make us even more confident in G3CT success in the world rCB marketplace. Wish us good luck.

 - G3C Technologies team

G3C Technologies crowdfunding campaign will close in few days

3 months ago

G3C Technologies (G3CT) campaign has reached its second target amount $250K. As planned, the proceeds have been used to accomplish the following objectives:

a) develop a G3C recovered Carbon Black (rCB) grade for G3C Product Portfolio – a G3C rCB grade, capable of replacing 30% of virgin Carbon Black (vCB) in rubber, was successfully developed

b) complete development and testing of the Pilot G3C Reactor System – the Pilot G3C System is fully operational now and is used for G3C rCB grades development.

G3CT estimates, that the first commercial size G3C System will be completed by the end of 2020 and the first G3C Plant in Poland, featuring at least 3 G3C Systems, will be operational in 2021.

Please be advised, that G3CT campaign will not be extended this time. This is the last opportunity for non-accredited investors to invest to G3CT via crowdfunding. 

Many thanks to all G3CT supporters.

- G3C Technologies team

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, G3C Technologies Corporation has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in G3C Technologies Corporation be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

G3CT Market Opportunity Update

3 months ago

The current global carbon black (CB) market is $17.5+ Billion per year and is growing with CAGR of 3.6%.

Less than 1% of global CB production is currently fulfilled with recovered CB (rCB).

Per the First rCB Congress (Berlin, May 2019), the current situation, when most of CB is produced from fossil oil and gas, is no longer sustainable. By different estimations from 25% to 33% of the global CB supply will be replaced by rCB within 10-15 years. This represents an enormous NEW (i.e. not occupied by anybody at this point) rCB market of $4.4 Billion - $5.8 Billion.

Per the First rCB Congress, the current demand for quality rCB is not fulfilled, which temporarily creates a situation when there is practically no competition on the market. This represents a unique window of opportunity, which G3CT is well positioned and right on time to seize.

The recent in-rubber tests (by a certified lab – Akron Rubber Development Lab (ARDL), Akron, Ohio) has demonstrated that G3C rCB performs in rubber/tire applications as good or better than any other rCB, produced by existing technologies. In short, G3CT has a technological advantage over all other existing technologies, which will enable it to occupy a significant share of the NEW market.

- G3C Technologies team

G3C technology commercialization is getting a powerful boost

3 months ago

G3C Engineering, a joint venture between G3C Technologies (G3CT) and Green Peaks Group (GPG – a parent company of Green Peaks Energy (GPE), Poland), will be a powerful mean to finalize G3C technology commercialization, which will be achieve through the following steps:

A. GPE is building several tire conversion plants in Poland and Ukraine, which will be using G3C technology.

  • For the first plant (start of operation – year 2021) GPE will order from G3C Engineering several G3C Systems of total capacity of 30 tpd (tons per day) as an upgrade to GPE’s low temperature tire pyrolysis plant of 70 tpd scrap tire capacity.
  • The plant will produce steel, gas (used for internal energy needs), oil products (i.e.  gasoline, diesel, etc.) and carbon containing char.
  • The carbon containing char will be fed in G3C Systems, which will refine it into high-quality high-value recovered carbon black (rCB).
  • The funding for the first GPE plant has been already committed: 30% by GPE and 70% by The National Centre for Research and Development (NCRD) Polish fund.

B. G3C Engineering will design and build and commission the full-size commercial G3C Systems for the first GPE plant.

  • All G3C System design (year 2020), manufacturing and commissioning (year 2021) of G3C Systems will be fully funded by first GPE plant project.
  • The design of commercial G3C System will be using experimental data developed with the help of Pilot G3C System at G3CT Georgia Lab.
  • G3C Engineering will develop manufacturing documentation and place the manufacturing order to a local factory.
  • G3C Engineering will deploy and test the G3C Systems at the first GPE plant – this will be the final accord of G3C technology commercialization.

C. G3C Engineering status

  • As of now the registration process has been started in Poland.
  • The initial G3C Engineering team has been assembled.
  • The design of the commercial full-size G3C System has been started.
  • The experiments with the Pilot G3C System at G3CT Georgia Lab are in progress.

This approach will result in following benefits for G3CT:

  • Drastically reduce time before the first G3C System deployment.
  • Reduce the requirements for minimum investments into G3CT before the company will sustain its operation from its own revenue.

- G3C Technologies team

Pilot G3C System is ready to support design of commercial G3C System

3 months ago

G3CT Georgia Lab has successfully completed relocation of the Pilot G3C System to a new and better building on schedule and on budget. The test experiment was conducted without any issues. The picture below shows the engineers checking equipment before the experiment.


The Pilot G3C System is ready to provide experimental data to support design of the first full-size commercial G3C System.

- G3C Technologies team

Notice of Funds Disbursement

4 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, G3C Technologies Corporation has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in G3C Technologies Corporation be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Breakthrough in development of recovered Carbon Black (rCB) products for rubber applications

4 months ago

G3C Technologies (G3CT) has achieved a breakthrough result in its ongoing development of G3C Portfolio of rCB Products. The 6-month effort to develop a G3C rCB grade for use in rubber applications has successfully produced a material capable to replace up to 30% of the popular ASTM N550 grade in various rubber applications. Such applications include tire carcass, hoses, belts, brake diaphragms, etc. The new G3C rCB grade was developed at our Georgia Lab and tested at the Akron Rubber Development Lab – one of the finest rubber development labs in the USA.

The below is an explanation of how this technological breakthrough translates into economic results.

Economic Advantages for G3C rCB consumer: 

Assuming that the developed rCB grade will be sold at 20% discount from the N550 market price (currently about $1,300 per ton), the savings of the rCB consumers (typically master batchers, which are high-volume low-margin operations) would be about 6% (=30% x 20%) of their cost for N550 feedstock. Let’s consider an example of a master batcher consuming 140 tons of N550 per year. Then, its annual saving from using G3C rCB would be about $10.9M. This saving would make G3C rCB sale a very straightforward exercise.

Economic Advantages for G3C rCB producer: 

Assuming that the average market price of Generation 2 pyrolysis-based rCB is about $750 per ton, the additional income resulting from upgrading rCB producer to G3C Generation technology rCB would be about $290 per ton of produced rCB or 39%.  Let’s consider an example of a tire conversion plant with annual capacity of 66,000 tons of scrap tires. The plant upgrade to G3C Generation 3 technology would generate additional income of about $6.7M from the sale of rCB.

- G3C Technologies team

G3C Technologies’ R&D capabilities in Georgia are being enhanced

4 months ago

Establishing G3C Engineering subsidiary company in Poland with the purpose to design, manufacture and commission commercial G3C Systems will allow G3CT to fully dedicate its Georgia facility to R&D efforts.

G3CT is enhancing its R&D capabilities by relocating its Pilot G3C System to a new and better building in Georgia. The construction work is done and the equipment installation is on schedule to be completed on the second week of August.