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

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 systems are selected by Green Peaks Energy to be installed on the new Tire Conversion Plant in Poland

3 days ago

As agreed between G3C Technologies Corporation (“G3CT” - USA) and Green Peaks Energy Sp. Zoo. (“GPE” - Poland) in a signed by both parties Memorandum of Understanding (“MOU”) G3C systems of total capacity of 30 tpd will be installed on GPE’s Tire Conversion Plant near Gdansk, Poland in 2021.

This installation will be the final accord of G3C technology commercialization.

The G3C systems will be delivered by G3C Engineering, a joint venture between G3CT and GPE.

This full commercial size G3C systems located in Poland will serve as a G3C technology demo for our customers worldwide. 

The GPE plant will use a low temperature pyrolysis and oil refinement technologies to produce high quality oil products. At the same time such pyrolysis system produces low market value carbon containing char. This char will be fed into G3C systems and converted into high quality high market value recovered Carbon Black (rCB). The combination the two technologies represents a perfect overall plant solution.

G3C systems will dramatically increase the total plant profitability and will turn it into the real money maker.

This first plant will be immediately followed by two more GPE/G3CT plants – one in Poland and one in Ukraine.

- G3C Technologies team

Notice of Funds Disbursement

5 days 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 is forming an engineering subsidiary to manufacture and commission commercial G3C Systems worldwide

12 days ago

On July 1st G3C Technologies Corporation and Green Peaks Energy Sp. Zoo. (“GPE” - Poland) have signed a Memorandum of Understanding (MOU) to form an engineering company (G3C Engineering) with equal shares of ownership in Poland with the purpose to deliver commercial G3C Systems worldwide.

    G3CT will transfer to G3C Engineering non-exclusive rights to design, manufacture and commission G3C Systems globally for a period of 20 years. GPE will contribute its competencies in building commercial systems, as well as the funding (in cooperation with The National Centre for Research and Development fund, Poland) required to build the G3C Systems for the first project in Poland.

The first commercial G3C System is expected to be built by G3C Engineering by the end of 2020.

This full commercial size G3C System located in Poland will serve as a G3C technology demo for our customers worldwide. 

It will facilitate and accelerate sale of G3C systems to the number of potential customers, who already expressed their interest in purchasing deploying G3C technology at their existing and future plants, in a number of countries.

Starting from the second project G3C Engineering is expected to fully support its operation from its own revenue and distribute profit to its respective owners.

G3C Engineering will only have engineering functions - all sales of G3C Systems built by G3C Engineering will be conducted by GPE (in Poland and Ukraine) and by G3CT (in the rest of the world).

Stay tuned for updates on G3C Engineering developments.

 - G3C Technologies team

G3C Technologies is ready to build a commercial size G3C System

15 days ago

G3C Technologies (G3CT) has completed the first phase of technology commercialization by building a Pilot G3C Reactor System in Georgia.

The Pilot G3C System has been tested and is being used to produce G3C recovered Carbon Black (rCB) for development of G3C rCB Portfolio.

G3CT has signed a new contract with Tavadze Institute of Metallurgy and Material Science, Tbilisi, Georgia (TIMMS), which offers a larger and better equipped facility for further improvement of our Pilot G3C System. We are in process of moving the Pilot System to the TIMMS building.

G3CT is ready now for the second phase of commercialization – build a commercial size G3C System.

Watch out for the follow up announcements on this exciting development.

- G3C Technologies team

Notice of Material Change in Offering

24 days ago

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

Hello! Recently, a change was made to the G3C Technologies Corporation offering. Here's an excerpt describing the specifics of the change:


Notice of additional funding round, prior convertible note conversion and extending the end date of the campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

G3C Technologies is establishing G3C Commercial Engineering Capability worldwide

24 days ago

G3C Technologies is in the final stage of negotiations with Polish rCB company Green Peaks Energy (GPE) to establish a joint venture in Poland, which will provide G3C design, manufacturing and commissioning worldwide of the patented commercial G3C systems.

The joint venture will benefit from GPE’s commercial plant design and implementation competencies and initial funding contribution. GPE is also expecting to use G3C systems to increase profitability of their upcoming tire conversion plants in Poland and Ukraine.

Stay tuned for more announcement about this development!

- G3C Technologies team

The largest rCB producer in the world will buy G3C systems with total capacity of 100 tpd

27 days ago

The major recovered Carbon Black (rCB) producer – Royal Carbon Black Pvt. Ltd. (Mumbai, India), which is the owner of the largest currently operational rCB plant in the world (200 tpd - tons per day), – Finster Carbon Pvt. Ltd. (http://www.finstercarbon.com/) has signed a Memorandum of Understanding (MOU) with G3C Technologies on June 25, 2019, on purchasing G3C systems of total capacity of 100 tpd. 


The purchase will be contingent on demonstration of the commercial size G3C system capable to increase the Finster Carbon plant’s profitability and recover the capex within agreed upon terms.

Finster Carbon’s plant utilizes a Generation 2 tire conversion technology. As such, it currently produces rCB by recovering a mix of carbon black grades, used to build the original tires. Royal Carbon Black is selling their rCB to Plastic and Industrial Rubber makers at the discount prices, which merit their rCB ability to replace virgin Carbon Black (vCB) in the final products.

Royal Carbon Black is looking to increase its Finster Carbon plant’s profitability through post-processing the char outputted from their Generation 2 pyrolysis reactors by refining it using Generation 3 G3C reactors. The G3C systems will be retrofitted into the existing plant’s material flow and will increase the grade and, therefore, the market value, of the final product.

This MOU represents G3CT’s strong entry into India’s rCB industry. 

Please stay tuned for the following announcements about establishing G3C system manufacturing capability to support global sales.

- G3C Technologies team


Alexander Ivanov joined G3CT as the Sales Executive – Europe

about 1 month ago

We want to share an exciting news: Alexander Ivanov has joined G3C Technologies as the Sales Executive – Europe to support G3CT's expansion in the European market.



Mr. Alexander Ivanov is a driven young professional with plenty of international experience under his belt. After his studies in UK, Hong Kong and Spain, Mr. Ivanov started his professional career as a sales manager for one of the fastest growing SaaS companies in the world – Exponea. The combination of a fantastic product, as well as Alex’s great communication skills ensured that he was very successful in the role over a two-year period, learning a great deal about negotiation, account management and project delivery. After learning about the G3C technology, Mr. Ivanov was very quickly convinced about both – the great market potential of recovered Carbon Black, as well as the uniqueness of the G3C technology. The combination of Mr. Ivanov’s software selling experience, his natural drive and genuine interest in the circular economy will surely lead to successful negotiations with future investors and potential G3CT clients. Mr. Ivanov is based out of Bratislava, Slovakia.

G3CT is in the process of negotiations with Green Peaks Energy, Poland, on supplying G3C Reactors and transferring G3C technology usage rights for their upcoming plants in Europe. 

Please stay tuned for the news on G3CT developments in Europe and other regions.

- G3C Technologies team

Notice of Funds Disbursement

about 1 month 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

$200K Milestone reached

about 2 months ago

G3CT Supporters! Our campaign has passed the $200K Milestone! 

Thank you all!

This brings us closer to the completion of G3C technology commercialization. 

Invest now and bring nearer the noble goal of total recycling of tires.

Stay tuned for more exciting news about G3CT traction. 

- G3C Technologies team

More traction: G3C Technologies is lining up its initial customer base

about 2 months ago

G3C technology’s ability to produce high grade carbon black has caught attention of multiple tire pyrolysis operating companies belonging to generations 1 and 2. Some of them have approached G3CT’s CEO Dr. Vitaly Khusidman during the first Recovered Carbon Black congress in Berlin in May 2019. G3CT is in a process of consultations with several such companies on the future collaboration, including sale of equipment and licensing out G3C technology.

Please stay tuned for announcement about specific customers!

The attractiveness of G3C technology is driven by its capability to increase sale price of rCB and, therefore, improve the bottom line.

The majority of Generation 1 technology operating plants are poster children for retrofitting G3C Upgrade option. The below is a case of operating results for a typical pyrolysis 80 tpd (tons per day) plant in India. All costs/prices are based on reasonable assumptions for Indian market.

* Scrap tire feedstock in India has positive price - this is different from US and Europe, where feedstock price is negative or low.

** Carbon containing char produced by Generation 1 system does not qualify to be sold as carbon black.

*** rCB upgraded from char by G3C technology will be sold as carbon black with discount 15%-20% off virgin carbon black market price.

The operating profit margin for a typical pyrolysis plant (without valorization of rCB) in India is merely 2.6% and the annual income after taxes is about $123K with annual revenue (mostly generated by the oil sale) greater than $6.5M.

The same plant after retrofitting G3C Upgrade option will have operating profit margin of 30% and annual income after taxes above $2M. The CapEx for the upgrade will be paid off in less than 2 years.

The business case for Generation 2 technology operators needs to be considered on the case by case basis (i.e. such companies are already selling rCB, however, with significant discounts) - retrofitting G3C Upgrade option makes sense only for large operations. G3CT is also in consultations with the large Generation 2 technology operating companies about retrofitting G3C Upgrade options.

- G3C Technologies team


G3C Technologies revealed its technology to the Industry at the Recovered Carbon Black congress

about 2 months ago

The 2019 Recovered Carbon Black congress in Berlin took place in Berlin on May 21 & 22. It was a milestone event for the emerging industry.

A quote from the Recovered Carbon Black 2019 website:

Here is the executive summary

  • The industry is at the Early Majority stage of Innovation Adoption Curve.
  • G3CT has revealed its revolutionary G3C technology, capable not only recover Carbon Black (rCB) from tires but also upgrade it to the products with higher market values.
  • G3CT has identified and further developed multiple business opportunities with rCB producers for creating joint ventures in local market with the purpose of leveraging G3C technology for increasing profitability of the respected producers. It is expected that several memorandums of understanding (MOU) will be shortly signed and followed by contracts and collaboration efforts in the respective local markets.
  • Major source of G3CT income will be initial technology usage fee and royalty for transferring long term exclusive usage rights for the local markets.

More details

1. The congress featured major stakeholders of the rCB Industry

They included:

  • major industry consultants and testing labs
  • standards organizations (e.g. ASTM)
  • tire collection and preprocessors
  • manufacturers of equipment for tire collection and preprocessors
  • recovered and virgin Carbon Black producers
  • manufacturers of equipment for recovered and virgin Carbon Black production
  • recovered and virgin carbon black resellers/distributors
  • carbon black consumers, e.g. plastic, industrial rubber and tire manufacturers


2. The rCB industry is at the Early Majority stage of Innovation Adoption Curve

Innovators – Brave people, pulling the change. Innovators are very important communication.

Early Adopters – Respectable people, opinion leaders, try out new ideas, but in a careful way.

Early Majority – Thoughtful people, careful but accepting change more quickly than average.

Late Majority – Sceptic people, will use new ideas or products only when the majority is using it.

Laggards – Traditional people, caring for the “old ways”, are critical towards new ideas and will only accept it if the new idea has become mainstream or even tradition.

3. G3CT’s Founder and CEO Dr. Vitaly Khusidman presented G3C technology to the industry experts. 

Dr. Khusidman explained G3C technology's capability not only to recover carbon black from tires but also to upgrade it to the products with higher market values. The presentation caught many by surprise because it was commonly accepted knowledge that the existing technology (i.e. traditional tire pyrolysis) can only recover carbon black that was originally built in tires. G3C technology is capable of upgrading the rCB to products with higher market value. It also opens a new carbon black markets not attainable for existing pyrolysis technology.