G3C Technologies Corporation is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$120.00 minimum investment

G3C Technologies Corporation

We Give New Life to Old Tires

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

"We have estimated that more than 1.7 billion tires reach the end of their lives each year, creating millions of tons of waste. 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 taking these "end-of-life tires" and giving them brand new life.


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. 

Please note that number 3 in the name of technology is representing our registered trademark GREEN³ CONVERSION® (short: G³C) and, therefore, is shown in superscript, i.e. G³C Technology. However the company name G3C Technologies Corporation (or G3CT) is not using superscript.

   

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 at least $1,000 and you will receive a G³C windbreaker

Invest at least $2,100 and you will get 10% discount on your price per share (e.g. if you invest $2,100 your price per share will be $55.26)

Invest at least $5,000 and you will get 14% discount on your price per share (e.g. if you invest $5,040 your price per share will be $53.05)

Invest at least $10,000 and you will get 18% discount on your price per share (e.g. if you invest $10,020 your price per share will be $50.86)

Invest at least $20,000 and you will get 22% discount on your price per share (e.g. if you invest $20,040 your price per share will be $49.24)

Invest at least $40,000 and you will get 26% 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.

   

Scrap Tires Create a Monumental Problem for our World

The Life of a Tire

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 End of Life of Tires

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 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.


CO2 Footprint of Carbon Black Production

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.

             

Our Technology Is Groundbreaking

Converting Scrap Tires into Quality Carbon Black for Making New Tires

Our GREEN³ CONVERSION® (G3CT’s registered trademark - read as Triple-Green Conversion, or G³C Technology for short), with its innovative system design and process control, surpasses all conventional technologies that produce recovered carbon black, or 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 creating low-grade rCBs suitable for carcass only. 


This process would make the cycle "scrap tire -> carbon black -> new tire" complete by producing rCB for every part of the tire. This cycle will be a perfect circular economy solution, which will benefit the world by reducing the environmental damages from both disposal of end-of-life tires 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

G3CT owns a registered trademark GREEN³ CONVERSION®

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.


  

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.

   

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.

Advantages over Virgin Carbon Black Producers

  • 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.



Roadmap

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 at least $1,000 and you will receive a G³C windbreaker

Invest at least $2,100 and you will get 10% discount on your price per share (e.g. if you invest $2,100 your price per share will be $55.26)

Invest at least $5,000 and you will get 14% discount on your price per share (e.g. if you invest $5,040 your price per share will be $53.05)

Invest at least $10,000 and you will get 18% discount on your price per share (e.g. if you invest $10,020 your price per share will be $50.86)

Invest at least $20,000 and you will get 22% discount on your price per share (e.g. if you invest $20,040 your price per share will be $49.24)

Invest at least $40,000 and you will get 26% 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
$875,499.00 USD
$131,228.00 USD
Cash And Cash Equivalents
$733,996.00 USD
$119,585.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$1,000,000.00 USD
$0.00 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
-$478,786.00 USD
-$389,464.00 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

Notice of Funds Disbursement

21 hours 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

$100K milestone has been reached!

5 days ago

G3C Technologies campaign has reached and passed the $100,000 investment milestone on this weekend. Thank you all of you for making it happen. Let’s work together on achieving the next milestone - $200,000 – one more step towards a noble goal of making our world a better place to live!

- G3CT team

Technology commercialization: Successful operational and performance testing of G3C Pilot Reactor

12 days ago

Our Georgian R&D team has successfully conducted operational and performance testing of the Pilot G³C Vertical Reactor, which was designed and built as a prototype of a commercial unit. Numerous series of tests showed that the pilot reactor can sustain steady and efficient operation, and is ready to be scaled up to a full-size unit. The initial performance test result shows that the quality of the carbon black produced by the pilot reactor matches that previously produced by the lab unit. We are confident that with our continued effort in process optimization we can further improve the performance.

The international standard organization (www.astm.org) defines standard classification of carbon black grades (standard ASTM D1765 – see below) by assigning them to 10 groups: Group 0 being the highest grade and highest price, and Group 9, the lowest grade and lowest price carbon black. For example, the current market prices average at $1,785 per ton for the carbon black grade N110 (belongs to Group 1) and $1,314 for the carbon black grade N772 (belongs to Group 7) – source: Notch Consulting, Inc. The higher grades are not only commanding higher price – they represent large markets (e.g. tire tread making carbon black) which require enhanced properties of the product.

The performance test result (refer to measurements marked with numbers 1 and 2 in the report below) shows that the carbon black produced by the pilot unit meets the requirements for the group 1 and is very close to the group 0, the highest grades that command the highest price. The ability to produce such high-grade carbon black from scrap tire is unprecedented and is opening new markets for the industry. As of now there are no known results that match higher than Group 3 in the entire recovered carbon black industry.


This success verified the proper design and performance of the scaled-up reactor, and proved that the reactor can be further scaled up without sacrificing quality of the product. With your continued support we will use this reactor to develop a portfolio of high demand carbon blacks.

- G3C Technologies team

A new article on G3CT is published in “American Great Deals” financial blog

19 days ago

http://americasgreatdeals.com/


Quote from http://americasgreatdeals.com/business/g3c-technology-new-life-to-old-tires/ - “Gone are the days when disposing of waste far from an establishment was supposed to be a perfect solution to get rid of waste. Today is the time of environment consciousness. All of us, including businesses and government authorities, are responsible for not polluting our environment by disposing of waste haphazardly. And here again technology comes to our help.”

- G3C Technologies team

Happy Holidays!

26 days ago

G3C Technologies Wishes You Happy Holidays and a Very Successful New Year!

We’ve just come off a very productive week – more than $55k invested in the past 7 days! Many thanks to our investors, bringing us closer to our next milestone - $100k.

We still have some way to go and will need all the help we can get to reach the ultimate goal - $1.07 million!

Join us in building a safer and cleaner world today.

- G3C Technologies team

G3C Technologies to enter the China market

about 1 month ago

On December 12, 2018 G3C Technologies (G3CT) has signed a binding Memorandum of Understanding (MOU) with Hanyn Engineering Consulting Co., Ltd. (Taiwan) for entering a business cooperation agreement for jointly developing the scrap tire to rCB business in China. The following key agreement points are stipulated in the binding MOU:

  • A G3CT-Hanyn Business Cooperation Agreement will be signed – target date: by the end of February 2019.
  • A G3CT-Hanyn joint venture company (the JV) will be established in China to execute the joint business development – target date: by the end of May 2019.
  • G3CT will be paid $3 million as an initial payment of the technology usage fee in China.
  • The JV will enter the China scrap tire to rCB market by first building a demonstration plant, and use the demo plant as a showcase to promote the future business development.
  • G3CT will be the technology usage and proprietary equipment supplier. Hanyn will be responsible for all local business activities and securing funding for JV operation, the demonstration plant and the future business expansion. 

Dr. Yen Twu Kuo, the founder and Chairman/CEO of Hanyn, has built and developed the Hanyn business into a major engineering consulting and construction company in Taiwan.  During the past two years, since he came into contact with G3CT, Dr. Kuo has been deeply immersed in the studying the technical and commercial aspects of scrap tire disposal in China and making preparation for the new business establishment. Based on the ever-increasing demand and the government’s recent emphasis and favorable policies on scrap tire reutilization, Dr. Kuo is very confident that our superior G3C Technology will soon gain its recognition and the G3CT-Hanyn joint venture company will eventually occupy a fair share of the world largest China market.

 

China’s scrap tire generation is 10+ million tons per year, representing 40% of the total world scrap tire generation; Source: ELT Management Report, World Business Council for Sustainable Development, January 2018.


China’s annual carbon black market is projected to be $7+ billion by 2023, about 35% of the total world market; Sources: PR Newswire news: “The global carbon black market is expected to reach an estimated $20.2 billion by 2023 with a CAGR of 5.6% from 2018 to 2023”, June 6, 2018 and Carbon Black, Chemical Economical Handbook. HIS Markit. December 2017.


 - G3C Technologies Team

G3C Technologies will participate in StartEngine’s final Demo Day of 2018

about 1 month ago

We are happy to announce that we'll participating in StartEngine's final Demo Day of 2018 this Thursday, December 20th! We'd love for you to join and learn more about our project. You'll be able to ask us anything you'd like in real time. Come support us at (start time), and register here for further updates.


 - G3C Technologies Team

A new article on G3CT is published on “Chester Energy and Policy blog”

about 1 month ago

http://chesterenergyandpolicy.com/blog/ shares information about energy, energy policy and sustainable green technologies.

http://chesterenergyandpolicy.com/2018/12/17/driving-the-sustainability-push-interview-with-vitaly-khusidman-ceo-of-g3c-technologies/ 

Driving the Sustainability Push: Interview with Vitaly Khusidman, CEO of G3C Technologies

Quote of Dr. Khusidman - “The reason we have decided to try crowdfunding is because we believe that our mission is shared by a large number of people in the United States and around the world. We hoped that the public will take advantage of an opportunity to participate in a project that’s so important to our world, while also enjoying a healthy return in case of project success. “


 - G3C Technologies Team

We have improved the offer!

about 2 months ago

In order to accelerate our campaign and to expand our reach to a greater number of environmentally concerned people, we have improved our offer to make it more “investor friendly”:

Minimum investment is reduced from $540 to $120

  • This change will allow you to become a shareholder with smaller amount of investment.
  • You will get 2 shares with a minimum investment of $120.


 - G3C Technologies Team

A new U.S. Government Report on Climate Change Reaffirmed G3CT’s Mission

about 2 months ago

On November 23rd the U.S. Government released a major report on climate change, one that emphasizes the dire threat that human-caused climate change poses to the U.S. and its citizens. The report says the economy could lose hundreds of billions of dollars — or, in the worst-case scenario, more than 10% of its GDP — by the end of the century.    

https://www.cnn.com/2018/11/23/health/climate-change-report-bn/index.html

http://fortune.com/2018/11/24/climate-change-report-economy/         

This report is the second of two volumes. The first, released in November 2017, concluded that there is “no convincing alternative explanation” for the changing climate other than “human activities, especially emissions of greenhouse gases.”  CO2, accounted for 75% of the manmade greenhouse gas, is the major culprit for the climate change.



Each year, over 48 million tons of CO2 is emitted into our atmosphere as a result of old tire disposal and new tire production.  G3CT’s mission is to substantially reduce such damaging CO2 emission by perfecting the circular economy (making new tires with recovered carbon black recovered from scrap tires) with our innovative G3C Technology. We believe this alarming report, and the increased awareness of the urgency, will help rally the support for our effort.

 

- G3CT Team

What Happens to All the Tire Components in the G³C Process?

about 2 months ago

A modern tire is a very complex product. It consists of multiple layered components.


Source: https://www.michelinman.com/US/en/help/how-is-a-tire-made.html)

The raw materials used for tire production are: rubber (~50%), carbon black (~25%), textile (~5%), ZnO (~2%), sulfur (~1.5%), and steel belts and mesh (~15%). On elemental level a tire consists of the following chemical elements: about 76% carbon (C), 15% steel and Silica (Si), sulfur (S), and metals (Zn, Cu, Al, etc.).

Source: Dr. C. Gisele Jung and Ir. Jean-Paul Bouysset  - Recovered Carbon Black from Tyre Pyrolysis. European Tyre Recycling Association, DEPTEC Life project November 2015 (https://docplayer.net/60487355-Recovered-carbon-black-from-tyre-pyrolysis.html).

Note: “tyre” is the British term for tire.

The feedstock for our patented G³C process is crumbed tire material which a result of tires shredded and grinded after removal of steel and textile. Crumbed tire generally weights about 80%+ of the source scrap tire. Depending on the desired product rCB grade, the output of our G³C process contains 25% to 40% of recovered Carbon Black (rCB, the quantity is lower for higher-grade rCB production, and higher for lower-grade rCB production) and 75% to 60% of oil and gas. The oil and gas are more than sufficient for internal energy needs, and the surplus can be sold for additional income or used for in-plant power production.

The silica, sulfur and metals contained in the scrap tire end up in the rCB as inorganic impurities. Such impurities need to be removed to a certain level to meet the specific rCB application requirements. For certain application, such as tires, impurities removal is minimal re not needed at all, other applications require thorough cleaning of the rCB from impurities Our proprietary G³C Enrichment technology was developed for selective removal of impurities in order to meet specific rCB application requirements.

Recently silica is increasingly used, especially in passenger tires. The diagram below shows increasing silica usage by the tire industry.

Source: Notch Consulting, Inc. report “Outlook for Reinforcing Fillers & Rubber Chemicals, Tire Technology Expo, 2018".

Our G³C Enrichment process can effectively remove the high silica content from rCB to meet the high purity requirements for semi-conductive applications (e.g. <0.5%).  G³C purification capability opens new markets for the rCB industry.

 - G3C Technologies Team


G3C Technologies is featured in Chester Energy and Policy blog.

2 months ago


http://chesterenergyandpolicy.com/blog/ shares information about energy, energy policy and sustainable green technologies. 

Quote from http://chesterenergyandpolicy.com/blog/- “The concept of creating rCB from tires is not a new one, but G3C Technologies claims their R&D has enabled them to elevate this process to a never-before-seen level. Unlike any other conversion process, the G3C technology can supposedly produce rCB with properties (such as surface area and structure) that far surpass those of previous iterations of rCB and even of comparable quality to virgin carbon black. Such high-grade rCB would, for the first time, allow manufacturers to replace virgin carbon black used for high-standard rubber, plastic, and specialty products with rCB, since previous versions were too low-grade. “

- G3C Technologies Team

Goal #1 reached and surpassed in the first 24 hours.

2 months ago

We sincerely appreciate your support and welcome your participation in our devoted effort towards a GREENER WORLD! We are happy and proud to tell you that we have met and exceeded our first goal in less than 24 hours! We are very much encouraged by the warm acceptance and we are prepared for the long journey to achieve our ultimate goal. Special thanks to those who have committed to backing us – you are great and we appreciate your support.

Let’s make our world cleaner together. Waste to Wealth!

- G3C Technologies Team

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