The Smart Tire Recycling offering is now closed and is no longer accepting investments.

Smart Tire Recycling

Innovation to Heal Our Planet

Smart Tire Recycling

Innovation to Heal Our Planet

Pittsburgh, PA
Clean Technology
At Smart Tire Recycling, we developed an innovative and sustainable chemical process to recycle used tires into raw materials with valuable applications across a broad range of industries. We solved the major scrap tire pollution problem while providing manufacturers who use carbon black with an environmentally friendly source for their materials.

$513,525

raised
474
Investors
$14.8M
Valuation
$1.66
Price per Share
$249.00
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$4.44M
Offering Max
0
Days Left

$513,525

raised
474
Investors
$14.8M
Valuation
$1.66
Price per Share
$249.00
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$4.44M
Offering Max
0
Days Left
This offering ended on June 30, 2022 and is no longer accepting investments.

The Problem


Current Tire Manufacturing Harms the Environment

A staggering 1 billion tires are discarded into landfills annually. ( Source) Currently, only 15% of tires are recycled, mostly into shredded rubber with limited use. ( Source)



*All images are of products currently under development that are not yet available on the market.

The market


A Ubiquitous Product with Growing Demand

Tires are a massive part of everyday life, and the global Carbon Black market is approximately $20 Billion with a CAGR of 6.0%. 



Until now, pyrolysis, the leading method of recycling tires to produce rCB since 2005, has failed to produce truly sustainable results. Our technology changes that. 


*All images are of products currently under development that are not yet available on the market.


The solution


Cutting Emissions by Recycling Tires

Smart Tire Recycling uses a truly green, zero emissions process to generate recovered carbon black (rCB) along with other by-products such as oil and steel, while ensuring it is chemically on par with newly-mined carbon black.


*This video includes computer generated demo-versions of how our products process works. The product is currently under development.


We have proven the viability of our production process at lab scale and we are currently in the process of developing our first demonstration plant in order to scale to full commercial capabilities. 


Why Invest


Building a Circular Economy with Leading Technology 


Smart Tire Recycling 17b Disclosure







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Offering Summary


Company

:

SMART TIRE RECYCLING, INC.

Corporate Address

:

2315 Eldridge Street, Pittsburgh, PA 15217

Offering Minimum

:

$9,999.84

Offering Maximum

:

$4,440,500.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Series CF3 Seed Preferred Stock

Minimum Number of Shares Offered

:

6,024

Maximum Number of Shares Offered

:

2,675,000

Price per Share

:

$1.66

Pre-Money Valuation

:

$14,767,677.06











Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Early Bird

Friends and Family - First 14 days | 40% bonus shares

Early Bird - Next 50 Days | 30% bonus shares

Volume Bonuses

Tier 1 perk - $500+ |10% bonus shares

Tier 2 perk - $1000+ |12% bonus shares

Tier 3 perk - $5,000+ |15% bonus shares

Tier 4 perk - $10,000+ | 18% bonus shares

Tier 5 perk - $25,000+ | 20% bonus shares

Tier 6 perk - $50,000+ | 20% bonus shares + virtual tour of our facility

Tier 7 perk - $100,000+ | 20% bonus shares + In person tour of the facility and personal meeting with the CEO

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Smart Tire Recycling, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Series CF3 Preferred Stock at $1.66 / share, you will receive 110 shares of Series CF3 Preferred Stock, meaning you'll own 110 shares for $166. 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 during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

We will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$259,512.00 USD
$229,074.00 USD
Cash And Cash Equivalents
$142,244.00 USD
$194,010.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$147,702.00 USD
$98,344.00 USD
Long Term Debt
$0.00 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
$0.00 USD
$0.00 USD
Net Income
-$548,299.00 USD
-$140,365.00 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

Less then 12 hours left to invest!

3 days ago

Join our team here to help us make a major impact in the world!

https://www.startengine.com/smarttire


Cheers,

Mendel 

We've reached 500K in investments on StartEngine!

4 days ago

Thank you to all our investors!

The campaign closes tomorrow. Now is the last chance.

https://www.startengine.com/smarttire

1 DAY LEFT TO INVEST!

4 days ago

B"H

Dear Investors and Potential Investors,

There is one day left to invest on this platform. Take advantage today!


https://www.startengine.com/smarttire

Looking forward,

Mendel 




A Message from our CEO

9 days ago

Smart Tire Recycling is wrapping up our seed fundraising on Start Engine.

 

I remember the first $5,000 raised from the first angel when we first started out. This was to buy our first pump for our first machine. Since then with a lot of help from G-d, family, and friends we are still climbing the hill.

 

$1.4MM later, I am excited to announce that we are emerging from R&D to a point where we are focused on the scale of our technology!

 

This is happening right as our first patent was just issued - the "journey" that started in 2017.

 

There is less than a week left to make an investment with us through StartEngine for as little as $249.

 

Join us now: startengine.com/smarttire

 

Volkswagen Recommits to Sustainability

17 days ago


Volkswagen isn’t just speaking about implementing a more sustainable manufacturing process, the company is working to implement contractual requirements for natural rubber sourcing from its suppliers. 

“In its 2021 responsible raw materials report, the German carmaker said it had established a project on innovative tracing technologies and their usability in the natural rubber value chain in partnership with the Volkswagen Group Research.” 

The VW group is also exploring secondary and renewable materials, including natural rubber substitutes. 

As part of this sustainability initiative, the German group joined the Global Platform for Sustainable Natural Rubber (GPSNR) and supported the development of reporting requirements for companies in rubber supply chains.

“Our focus in 2021 was on increasing transparency in the natural rubber sector and addressing the lack of credible, industry-wide sustainability standards.

“As GPSNR members, we are contributing to the development of reporting requirements to be implemented during 2022 for rubber suppliers," it added.

The group is also contributing to GPSNR's 'shared responsibility framework' whose goal is to create industry-wide standards. (Source) Volkswagen is just one example of a car/tire company working towards implementing more sustainable manufacturing practices.

At Smart Tire Recycling, we are at the forefront of providing these alternative materials to natural resources to create a more circular economy and increased sustainability. We are accepting investments through StartEngine for 2 more weeks. Now is the time to partner with us. 

Invest here.

 

 

The Difference Between Smart Tire Recycling and Everyone Else, Part 2

24 days ago

In conventional methods of pyrolysis, the production of quality products, such as carbon black and oil from scrap tires, and the separation and isolation of these products require catalysts and are energy intensive. This makes them economically unfavorable. Supercritical Fluid technology is able to efficiently break down the rubber material into lower molecular weight organics which can then be used in different industries. 

Another advantage of using Supercritical Fluid technology is that we can tune and control the solvent polarity through the adjustment of temperature and pressure. This enables us to produce the oil with the specific quality of high or low aromatic compounds as we wish.

Smart Tire Recycling is leading the way in providing a sustainable solution to many industries, including Tire Manufacturing and Oil and Gas industries.

Some ways in which the oil that’s produced from recycling scrap tires is used in the Oil and Gas industry is to:

  • Mitigate flow assurance issues such as paraffin and asphaltene deposition
  • Reduce viscosity of heavy crude oil
  • Clean up tank bottoms
  • Reduce pigging frequency
  • Assist in well cleanup

Additionally, our products help our customers in other ways as well:

  • Our customers can meet their sustainability goals because our products are a reclaimed from a waste material
  • There are more than 1B end-of-life tires to provide an unlimited supply of raw material
  • Our product is cost effective with stable pricing. Our production is not subjected to the fluctuations of oil market prices

Smart Tire Recycling is changing the landscape of tire recycling. There are only a few more weeks to be a part of this endeavor. Invest now at startengine.com/smarttire


 

1000th Investor

about 1 month ago

Smart Tire Recycling has recently had its thousandth investor invest in the company. While the StartEngine campaign has over 400 committed investors, we are gratified to share that since the start of our company and fundraising, there have been 1000 people that believe in our work and want to have a part in what we are doing for the future of tire recycling. There are still a few more weeks for private investors to join us, but that won’t last long. If you want a part of this revolutionary green tech company, invest now. startengine.com/smarttire


New Patent issued!

about 1 month ago


 

Smart Tire Recycling is happy to announce that it has received another patent allowance from the United States Patent and Trademark Office.

It is gratifying to see the work of Dr. Abdulhaq Alkhalidi continue years after his passing. What started as a simple idea between a Jewish Rabbi and a Muslim scientist has developed into something that can change the face of tire recycling. The Smart Tire Recycling team has grown so much since the days of Bassman and Alkhalidi tinkering in the garage, and this patent approval is just one sign that shows how far the company has come.

We are excited about this patent approval and are excited to continue growing our patent portfolio.

Our StartEngine fundraising campaign will be closing at the end of June, so make sure to invest NOW at startengine.com/smarttire

Campaign Closing

about 1 month ago

Smart Tire Recycling is pleased to announce that our crowdfunding campaign on StartEngine will be closing at the end of June. Now is the time to invest in a revolutionary company that is changing the face of tire recycling in a massive way. You only have a few more weeks to invest, and it is not time to delay. If you are even thinking about investing with us, NOW is the time to pull the trigger and have a share in the future of the tire industry. Invest now at startengine.com/smarttire

 


Notice of Funds Disbursement

about 1 month ago

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

Hello!

As you might know, Smart Tire Recycling 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 Smart Tire Recycling 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

Over 400 New Investors Committed

about 2 months ago

Smart Tire Recycling is excited to announce that we have reached over 400 new commited investors as part of our Start Engine crowdfunding campaign. We are gratified to see that so many people believe in what we do, so much so that they are willing to invest with us. Thank you to all of our investors and supporters.

If you would like to join us and our mission of helping the environment through tire pyrolysis, invest with us now.


Notice of Material Change in Offering

2 months ago

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

Hello! Recently, a change was made to the Smart Tire Recycling offering. Here's an excerpt describing the specifics of the change:


Issuer is extending campaign end date and updating financial information.


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.

Join us at our Upcoming Webinar - THURSDAY

2 months ago

We invite everyone to join our team as we give an in-depth explanation of our processes and market potential this Thursday at 12pm.


If you would like to join but will be unable to attend, make sure to register anyway so that we can send you the recording.


Highlights will include:

- Hearing from industry experts and leaders who also happen to work with us

- An exciting update on our patents

- Meeting Professor Enick and learning about our collaboration with the University of Pittsburgh

- A technical deep dive into our process and how we’re doing things differently

- Investment opportunity (Spoiler Alert: the window is closing)

- Q&A with our Presenters - Have your questions answered LIVE

- We encourage everyone to submit questions to shoshana@smarttirerecycling.com prior to the webinar.


This webinar will take place on April 28, 2022, at 12pm EST and will last approx 1 hour


Register in advance for this meeting: https://us06web.zoom.us/meeting/register/tZ0udeugpjIqHNf57uqqHhSSCC_Pji4rYoNA


After registering, you will receive a confirmation email containing information about joining the meeting.


View our webinar promo here

Notice of Funds Disbursement

2 months ago

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

Hello!

As you might know, Smart Tire Recycling 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 Smart Tire Recycling 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

Smart Tire Recycling Presents an Investor Webinar

3 months ago

We are so excited to invite you to go under the hood with Smart Tire Recycling! In this webinar we will share several major business updates as well as providing an in-depth look at the current state of our technology. 

Highlights include:

  • Hearing from industry experts and leaders who are partnering with us

  • An exciting update on our patents

  • Hearing from Professor Dr. Robert Enick and learning about our collaboration with the University of Pittsburgh

  • A technical deep dive into our process guided by our engineers so you can understand exactly how our technology is unique in the industry

  • Q&A with our Presenters - Have your questions answered LIVE


This webinar will take place April 28, 2022 from 12-1pm EST 


Register in advance for this meeting:

https://us06web.zoom.us/meeting/register/tZ0udeugpjIqHNf57uqqHhSSCC_Pji4rYoNA 

After registering, you will receive a confirmation email containing information about joining the meeting.




Big Climate Change Report Released

3 months ago

The climate change report recently released by the IPCC (Intergovernmental Panel on Climate Change) predicts that within 8 years, Earth will reach a crucial climate target. The question is if this can be helped. Scientists believe that if the world collectively makes an effort to change decades of inaction, there is hope. But it can't just be from individuals, it has to come top-down - from policymakers and industry leaders to be viable. 

 

The document explains how coordinated efforts could help solve the problem. If everyone manages to scale up renewable energy sources, overhaul transportation systems, restructure cities, improve agriculture and pull carbon from the air then the planet could be set on a path toward healing. This is no simple task.

 

Public officials and private investors alike have not been willing to make massive upfront investments to change how our world currently functions. We would need aggressive social change to move the world away from its long reliance on coal, oil, and gas. Private investors don’t want to invest the money it would take and elected officials are nervous to take a strong stance lest it causes them the upcoming election. Their constituents would not feel the benefit of these policies for decades, and they need the votes now.

 

In addition to the widespread hesitance to invest, our society is currently not set up for the necessary changes. “Existing buildings were designed to be heated with gas. Cities were constructed to be navigated by car. Much of the world still depends on pipelines, power plants and other vast infrastructure that crosses borders and was built to last for decades.

Fossil fuels have long been reliable, affordable and ubiquitous.” (Source)

Though success seems bleak, there is hope. People are changing their priorities and recognizing the importance of green energy. New technologies are being developed everyday to tackle these problems. Smart Tire Recycling is proud to be at the forefront of helping to solve this problem and developing alternative, more environmentally conscious ways of dealing with the problem of tire recycling and production. 

Join us here. 

The Difference Between Smart Tire Recycling and Everyone Else

3 months ago

While Smart Tire Recycling has been referring to its process for tire recycling as pyrolysis, our patented technology actually differs from traditional pyrolysis in a very critical way. The properties of tires that make them strong and chemically resistant, also inhibit their ability to be recycled easily. Conventional methods do not efficiently transform waste tires into reusable products. 

 

Smart Tire Recycling utilizes Supercritical Fluid (SCF) technology which provides an alternative solution to this environmental problem. SCF technology efficiently breaks down the waste material of tire production into a range of lower molecular weight organics for possible reuse in other industries. SCF technology depolymerizes rubber into smaller particles where it’s converted into valuable fuel such as oil and fuel gas in addition to carbon black. 

 

Our results show that Supercritical Fluid technology is a promising remediation alternative to the waste tire problem. In conventional methods, the production of quality products such as carbon black and oil from scrap tires require catalysts and intense energy to separate and isolate usable products. This is economically unfavorable. Supercritical Fluid technology brings advantages, and efficiently breaks down the rubber material into lower molecular weight organics to be used in different industries. Smart Tire Recycling is leading the way to provide a sustainable solution to many industries including Tire Manufacturing and Oil and Gas industries utilizing SCF technology. 

 

We will continue to discuss advantages of SCF over traditional pyrolysis in the near future. You can invest with Smart Tire Recycling now at startengine.com/smarttire

Notice of Material Change in Offering

3 months ago

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

Hello! Recently, a change was made to the Smart Tire Recycling offering. Here's an excerpt describing the specifics of the change:


Issuer is extending 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.

What Happens to Tires When They are No Longer Usable?

3 months ago

According to a report by the Tire Industry Project for the World Business Council for Sustainable Development, 1 billion tires reach the end of their use every year. There are already 4 billion tires in landfills worldwide. 

The current options for tire disposal are landfills, recycling, and pyrolysis.

In the last 15 years, recovery rates for tires have increased in Europe, Japan, and the US. Unfortunately, in many parts of the world, the number one disposal method of tires is incineration. Even countries working to cleanly dispose of tires export tires to countries like India and Turkey where they will be incinerated or dumped in a landfill. (Source)

As technology continues to be developed, the industry is recognizing that there is a better, greener, more useful solution to the end-of-life tire dilemma. That solution is known as Tire Pyrolysis. 

The process of tire pyrolysis is able to break down old tires into their component parts, which can be used to create new tires. This is both environmentally and financially beneficial. Smart Tire Recycling is at the forefront of pyrolysis technology and has even managed to do it a little differently than it has historically been done to make the process even more environmentally friendly. More information on that in future updates. 

Invest with us here. 

 

Notice of Funds Disbursement

3 months ago

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

Hello!

As you might know, Smart Tire Recycling 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 Smart Tire Recycling 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

Carbon Black Supply Heavily Impacted Due to Ukraine War

3 months ago

Our Tire Recycling Industry Expert consultant, Martin von Walfersdoff, explains how the European tire industry is facing extreme carbon black shortages due to the war in Ukraine.

Just 2 weeks ago, Michelin announced that they would have a 7 day curtailment at its site in France due to carbon black shortages. This site generally procures carbon black from both Russia and Ukraine. Russia is home to 3 carbon back producers that are heavily used in the tire manufacturing industry. It is estimated that about 54% of Europe's carbon black comes from Russia, Ukraine and Belarus. This amount is not easily replaceable at this time.

“The impact of the war on European carbon black supplies is twofold. Supply chains from Russia and Ukraine are cut. And the prices for carbon black feedstocks (FCC, CTD and SCR) and for heating gas (~38% of which might come from Russia) are skyrocketing.”

The carbon black prices in Europe had already surpassed pre-pandemic prices before the war, and von Wolfersdoff believes that soon Europe will have to look towards India and the MIddle East as a source for carbon black. 

Of course, this is not the only option. Local tire pyrolysis presents a viable option for the production of carbon black in the medium and long term. Tire pyrolysis produces gas, oil and recovered carbon black from end-of-life-tires Europe produces about 3.5m tons of these tires per year. The tire pyrolysis industry is energy self-sufficient and offers alternative ways of recycling tires.

If both lawmakers and industry leaders can lend their support to the tire pyrolysis industry, as a group, this can solve any carbon black shortages in the future. (Source)

Smart Tire Recycling understands that there is such a need on a global scale for tire pyrolysis that having any one specific industry leader is unnecessary. Everyone working together can accomplish so much more. 

We look forward to being a part of that movement. 

Invest with us here. 

Small County Out of Tire Recycling Options

4 months ago

Warren County in Tennessee is exploring alternative options for recycling its tires as its current recycling plant will be increasing its cost by 40%. This increase will make tire recycling cost-inefficient. The county is now discussing sending the tires to a new plant by train which could make more sense financially. If this problem can not be solved, Warren County may be forced to stop recycling tires altogether - they can’t be losing money on the program. (Source)

Smart Tire Recycling is sad to hear about this development. We know that tire recycling does not need to be a drain on a county’s economy. There are always going to be costs associated with transporting the tires to a recycling facility, but our technology creates a system where there are usable goods that come out of the process and that can be very valuable. One example of these goods is recovered carbon black which can then be sold for a profit. 

You can invest with us now

We Have Raised Over $400K!!

4 months ago

Smart Tire Recycling is excited to announce that we have raised over $400k as part of our crowdfunding campaign on StartEngine. We are grateful to all those who invested their money with us and believe in what we are doing. Thank You! 

You can still invest with us here



Enviro Systems Increases rCB Production

4 months ago

Scandinavian recycler, Enviro Systems, is continuing to pave the way for tire pyrolysis companies. It is the first company, worldwide, to become certified for carbon black and pyrolysis oil under the International Sustainability and Carbon Certification System. 

A large tire manufacturer recently put in an order for 60 tons of recovered carbon black with Enviro. This rCB is to be used for research in developing tires and increasing the proportion of recycled content. Many tire production companies, including Michelin, plan to use more recycled components in their tires as those materials become available.

Enviro is planning for this increase in demand and has plans to establish more recycling plants over the next decade. (Source)

Smart Tire Recycling is excited to be a part of this crucial trend towards producing increased rCB and meeting the demand for it. 

You can be a part of it too, join us here.

 

 

Over 300 Investors!!!

4 months ago


Smart Tire Recycling is excited to announce that we have reached over 300 new investors as part of our Start Engine crowdfunding campaign. We are gratified to see that so many people believe in what we do, so much so that they are willing to invest with us. Thank you to all of our investors and supporters.

If you would like to join us and our mission in helping the environment through tire pyrolysis, invest with us now.

Smart Tire Recycling CEO Interview with Benzinga

4 months ago

Recently, Mendel Bassman, the CEO of Smart Tire Recycling had the opportunity to sit down with Benzinga for an interview. Mendel explained what Smart Tire Recycling does, how it started, and how it can help the environment. He also explained what recovered Carbon Black is and the important role it plays in the industry. Check it out here:


https://www.youtube.com/watch?v=DDmjlIdfVDA


Invest with us here: https://www.startengine.com/smarttire


Second Annual European Carbon Black Summit Scheduled for June

5 months ago

Last year saw the first-ever European Carbon Black Summit, with the joint statement of tire manufacturers, Bridgestone and Michelin committing to creating more sustainable tires. For the second annual summit in June of 2022, tire pyrolysis equipment designer and manufacturer, Klean CEO will be presenting about Recovered Carbon Black. 

This summit provides a forum for chemical companies, carbon black manufacturers, carbon black users, plastic & rubber manufacturers, masterbatch processors, and tire manufacturers to hear from the pyrolysis industry veterans, experts, and innovators who will share their perspective of the rapidly growing Recovered Carbon Black market. In addition to information sharing, the Summit reinforces the significance of the industry as a whole and the strides it is making.

“It’s a known fact that the tire industry is the single largest consumer of virgin Carbon Black and that the potential demand for Recovered Carbon Black is currently enormous.“ (Source)

Smart Tire Recycling is proud to be at the forefront of emerging technologies that produce rCB and is excited to see what new information will be shared at the summit. 

Join the tire revolution, invest with us now.

 

 

 

US Tire Manufacturers Urge Congress to Go Further than the IIJA

5 months ago

The Infrastructure Investment and Jobs Act (IIJA) has begun implementation by the United States government. However, the Tire Manufacturers Association (USTMA) is not satisfied. Members are urging congressional leadership to continue working on tire policy and related transportation sustainability initiatives. There are six specific new policies that are being proposed that will improve the infrastructure of the US, beyond what the IIJA currently states. 

 

“We have a once-in-a-generation opportunity to truly transform the country’s infrastructure by focusing on our shared priorities,” said Anne Forristall Luke, USTMA president and CEO. “The tire industry is ready to lead, with innovative technologies that not only improve the fuel efficiency of vehicles but also enhance the performance and durability of our roadways. By embracing these new technologies, we can create highly resilient infrastructure capable of carrying our nation well into the future, while bolstering the American tire manufacturing industry and propelling the United States as a leader in tire technology research.”

 

The USTMA’s letter outlines the following six policies. The USTMA represents 12 of the world’s largest tire manufacturers. 

  • Investments for the research and integration of rubber modified asphalt (RMA) to advance infrastructure projects
  • Research investments for tire derived aggregate (TDA) in stormwater infiltration galleries
  • Research investments for stormwater runoff and roadway runoff mitigation efforts
  • Incentives for the use and manufacturing of retreaded tires
  • Incentives for the use of low rolling resistance tires for public and private use, and
  • Federal fleet management policy that ensures 100% of tires in the federal fleet enter the circular and sustainable scrap tire market. (Source)

 

While Smart Tire Recycling is excited about the IIJA’s implementation, we are ecstatic to see the USTMA pushing for even more sustainability in our country. We are all working toward the same goals and are happy to see the government taking on such a big role in the advancement of our industry. 

Join us here

Tire Recycling is Catching On

5 months ago


Over the last few weeks, various states have begun publicizing and implementing plans to better dispose of and recycle tires. Pima County in Tucson, Arizona has started a program that allows residents to drop off up to five times per year in their recycling facilities. (Source

In North Carolina, Liberty Tire Recycling is opening up a new plant to accommodate an increase in tire recycling needs. The facility will produce rubber mulch and create 30 new jobs. (Source)

In Shreveport, Louisiana, a program called Waste Tire Cleanup Pilot Program has been launched to stop illegal tire dumping. The plan is to educate the local community through various programs about tire dumping and why and how it’s happening. (Source)

The Tennessee Department of Environment and Conservation has launched the Tire Environmental Act Program (TEAP). The department will be awarding grants to fund projects that create or expand uses for waste tires. “Such projects include tire recycling and processing, using materials such as aggregate that are derived from tires, initiating research and development in tire management, using tires for alternative fuels or promoting innovation in infrastructure.” (Source)

It is so gratifying to see so many states standing up to tackle this global problem. Smart Tire Recycling is excited to be working on a technology that can eventually help all of these states (and the rest of the world) to better and more efficiently recycle tires. 

Help us make our vision a reality. Invest with us here.

Notice of Funds Disbursement

5 months ago

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

Hello!

As you might know, Smart Tire Recycling 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 Smart Tire Recycling 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

STR Welcomes Dr. Robert Enick

5 months ago


We are excited to share that we have begun working with Dr. Robert Enick as a consultant. Dr. Enick brings 40 years of experience related primarily to high-pressure phase behavior, high-pressure reactors, and high-pressure and viscometry of mixtures related to oil recovery, supercritical fluid extraction, and process intensification. He has 30 years of experience related to the design, synthesis, and assessment of additives that are designed to exhibit solubility in high-pressure fluids. He also brings teaching expertise in chemical engineering plant design, safety and health, and unit operations lab to Smart Tire Recycling. He instructed his department’s capstone chemical plant design course for 25 years and is now teaching the chemical engineering health, safety, and professional ethics course at the University of Pittsburgh. Dr. Enick brings invaluable expertise to our team and will help us to purify our rCB even further.

 We are excited to have him on board the Smart Tire Recycling team and can’t wait to see what we can accomplish together.

 You can join our team here!

 

GiTi Tire Creates Used Tire Competition

5 months ago


Giti Tire is a tire manufacturer based in Singapore. It has eight manufacturing factories all over the world. It is one of the largest tire manufacturers in the world. 

Giti is taking a stand for sustainability. To publicize this, they have launched a campaign called, ‘Drive Your Creativity.’ Over the next few months, Giti plans on releasing information regarding sustainability and which actions they are taking as a company to improve the environment. Giti wants everyone to realize that they can be a part of sustainable tire usage.

The ‘Drive Your Creativity’ campaign includes a contest open to all, which challenges people to reuse their old tires in a creative, artistic, or useful way – and share about it online and on social media. 

While there are various sustainable prizes and immense recognition for the taking, Giti feels that the most important prize is that participants will be impacting the environment positively. (Source)

Smart Tire Recycling is always happy to hear about people and companies doing their part in tire recycling and sustainability as our primary goal is to recycle tires in a way that helps the environment, industry and the end-user. 

Join us in our mission here. 

Meet Our Design Engineer - Benjamin Davis

5 months ago

After graduating from the Rose-Hulman Institute of Technology, Ben became a product engineer at BASF. After that, he moved around in different companies honing his knowledge and skills until he had the opportunity to join Smart Tire Recycling. He brings with him experience working in specialty chemicals, green technology, and sustainable processes. Ben’s experience includes supercritical carbon dioxide extraction and equipment, electrochemical deposition processes, corrosion control, quality control, and lab management. He’s held positions in engineering, R&D, and more recently in business development. He is hardworking, dedicated, detail-oriented and always willing to learn new skills and experiences. 

 

Q&A with Ben:

Q: What originally drew you to Smart Tire Recycling?

A:  The environmental applications. This technology has the ability to recycle waste scrap tires in a cleaner, more efficient method than current tire pyrolysis methods.  I would like this technology to reduce vulcanized rubber waste and reduce carbon footprint across the world to leave our world better than when we received it.    

 

Q: With so much experience and technical knowledge of the industry, what is Smart Tire Recycling's biggest differentiator?

A: That we are using a technology that no other company is using.  We are using supercritical fluids, a relatively new technology, to effectively revolutionize tire recycling.  The hope is that once we become a market leader in tire recycling, our technology will be the primer for how tire recycling is done in the future.

 

Q: Why would investing in Smart Tire Recycling be worthwhile for an investor who doesn't understand the technical aspect of the technology?

A: Because our process is less energy-intensive, and thus more currently economically viable, than current technologies and does not have the stigma of tire pyrolysis methods.  The technology that STR utilizes also will allow for a cleaner, more viable oil that could be used in other fields.

 

Q: Can you give us a Fun Fact about yourself?

A: I have my own personal business that deals with vintage toy resale.  It is a fun side gig that allows me to use my own personal knowledge to my advantage.

 

Tire Dumping in Multiple Locations

5 months ago


Tire dumping seems to be developing into a bigger and bigger issue in the United States. Recently, there were reports of illegal tire dumping in Florida and now the local governments in Louisiana and Mississippi are both tackling this problem affecting their streets and neighborhoods. 

 

In New Orleans, Louisiana there was a road that had to be shut down because of the immense amount of illegal tire dumping (about 30,000 tires). In response, The Department of Transportation and Development (DOTD) sent nine dump trucks and two bulldozers to start clearing up the mess.


This clean up will cost the DODT tens of thousands of dollars and will continue until the specified roads are clear. Added to the labor cost, is the cost of recycling the tires in the local recycling facility. (Source)

 

Warren County, Mississippi is struggling with a similar issue. There has been illegal tire dumping on some of its streets as well. Their situation is not as dire as New Orleans, but it is still a problem that government officials are tackling head on. A big part of the Warren County issue is that their local recycling facility is at capacity and they need to bring in other facilities to take the tires and properly dispose of them which is costly. (Source)

 

The common issue is that there are too many tires with nowhere productive to go. Smart Tire Recycling has been working to solve this problem. We have the technology to recycle tires back into their component parts so they can be sold and used to make new tires. It is a cycle of productivity that gets rid of old tires, instead of just storing them or crushing them down into materials without many applications. We are excited to be able to disseminate our technology throughout the world so that illegal tire dumping will be a thing of the past. 

 

Partner with us Smart Tire Recycling | StartEngine 

 

 

 

 

Meet our newest Lead Engineer - Eilaina Velan

6 months ago


Originally from Pittsburgh, Eilaina Velan graduated from The University of Pittsburgh, Swanson School of Engineering with a Bachelor of Science in Chemical Engineering. She spent her university career focusing on sustainable engineering and entrepreneurship.

After college, Eilaina joined Thar Energy as a Chemical Engineer. After six months, she was offered a job as a Chemical Process Engineer for Thar’s sister company, Thar Process. She gained a lot of experience in industrial process automation and control, supercritical carbon dioxide extraction, and industrial electrical design.

After Eilaina suddenly and unexpectedly lost her father, she started her own company, Advanced Control Systems. ACS specializes in sustainable engineering, process automation and control, and system integration. She has helped various companies with their engineering and automation and is excited to bring her expertise to the Smart Tire Recycling team. 

 

Q & A with Eilaina:

 

Q: What originally drew you to Smart Tire Recycling? 

A: Smart Tire Recycling drew me in for a couple of reasons: one being the technology and the second being the sustainability aspect. Supercritical technology has been gaining much momentum in recent years and the applications for use are only increasing in number and size. Not only is the technology utilized at Smart Tire Recycling intrinsically more sustainable than other conventional processes, but the ability also to process and recycle one of the most abundant waste products on our planet via a much more sustainable and tunable process generates immeasurable excitement for me. 

 

Q: With so much experience and technical knowledge of the industry, what is Smart Tire Recycling's biggest differentiator?

A: Smart Tire Recycling's greatest differentiator is that our process and technological applications essentially form their own lane in the market. We are not adhering to the conventional recycling and pyrolysis techniques and offer a more digestive approach to the recycling of a tire. In addition, Smart Tire Recycling is dedicated to the continued innovation and development of the technology within the industry where improvements to the processes have been stagnant or non-existent. The innovative approach to an old problem lends to the discovery of new techniques and offers solutions to other markets and industries, as well. 

 

Q: Why would investing in Smart Tire Recycling be worthwhile for an investor who doesn't understand the technical aspect of the technology? 

A: I have witnessed the exponential growth in interest in supercritical technologies over the past four years, and the timing couldn't be more perfect for Smart Tire Recycling to showcase its novel process. Continued individual, private, and federal interest in eco-friendly and sustainable products, processes, and applications contribute to the momentum of such innovation. Our process is far superior in this regard, as the caustic materials, chemicals, and byproducts intrinsic to conventional tire recycling methods are tremendously reduced and, in some cases, eliminated. 

Supercritical technology and methods have been employed and utilized in many markets for decades, despite the intimidating nomenclature. In fact, one of the most widely known applications of supercritical fluids is the decaffeination of coffee beans. At Smart Tire, we understand the innovation capabilities supercritical fluid technology offers and are simply applying the methods and theories to another market. Intrinsically speaking, supercritical fluids possess a peculiar behavior at or above their critical points; they behave with the diffusivity of gas and the density of a liquid. Those properties make their application incredibly appealing for separations, extractions, and digestion alike, without the need for explosive and toxic chemicals and hydrocarbons. Moreover, the buildout of a supercritical tire recycling plant does not require hefty facility or material handling costs and operations, and the process calls for a much cleaner facility, rendering it more appealing, both economically and environmentally, than other chemical processing plants. Investing in Smart Tire is investing in our future and the integrity of our planet. 

 

Q: Can you give us a Fun Fact about yourself?

A: A fun fact about me...hmm...I just completed my 11th year as a haunt and scare actor at our local amusement park, Kennywood, where I also supervise and manage our specific scare zone. I love the work and I love that it is a huge departure from the demands of engineering and business; at Kennywood, I get to soak in the autumn air and exercise my creative brain. The scares and laughs are one thing, but motivating and leading my actors and team is the cherry on top for me 🙂

 

The first major investment in our industry just took place!

6 months ago


There are some exciting things happening in the Tire Recycling Industry. Bolder Industries, a pioneer in converting end-of-life tires into sustainable carbon black and petrochemical alternatives, received $80 million dollars in funding from CIM Group for its tire pyrolysis plant. (Source) This kind of investment is a huge success for our industry as a whole. We view developments such as this as additional signs which point to the investment community’s confidence that the new processes and technologies we are developing are working and are here to stay. Institutions are recognizing the positive impact we can have globally, both on the environment and businesses. 

 

Tire pyrolysis is an emerging technology, but the problem used tires create for the environment is an old one. In a recent exploratory study, our resident tire pyrolysis industry expert, Martin von Wolfersdorff pointed out that due to the dramatic increase in product demand and the concomitant shortage of production, producers like Smart Tire Recycling and Bolder Industries act as partners in trying to meet the demand and fix this huge environmental problem. There is plenty of space in the industry for multiple companies to flourish. 

 

We expect to see many more positive developments in the industry in the coming months and we are excited about what the future holds for Smart Tire Recycling. 

 

Thank you for partnering with us. 

https://www.startengine.com/smarttire

 

Mendel Bassman

CEO

 

 

Trucking Industry Moving Towards Sustainability

6 months ago

In 2019, there were 37.9 million trucks registered and used for business purposes (excluding government and farms). This represents only 23.9% of all trucks registered. In 2020, there were 3.97 million Class 8 trucks (including tractors and straight trucks) in operation 2020, an increase from the year before. These trucks travel hundreds of billions of miles annually. (Source) This takes a huge toll on the tires used.

 

While most people utilize tires on a regular basis, they are not the ones that have to dispose of them at the end of the tire's life. The trucking industry has to deal with end-of-life tires very often. Trucks go through many tires due to their huge amount of driving and hauling. Tires can only be retread so many times until they outgrow their use altogether. The trucking industry, in specific, is researching ways in which they recycle old tires. They understand just how damaging to the environment not properly recycling tires can be and know that they are one of the big culprits causing this issue. Landfill buildup leads to leaching, the heavy metals breaking down seeping into the ground, and increased water buildup in the tires which causes an increase in pests flying around. Burning tires is not a viable alternative to landfills because it releases dangerous chemicals into the environment when a tire is burnt. (Source)

 

As environmental awareness and social pressures increase, trucking companies are recognizing the need to dispose of their tires in an environmentally conscious way and are committed to doing so. We are excited to be able to present a viable solution and potentially work with the trucking companies to utilize our patented pyrolysis technology to dispose of tires. 


Join us in our mission to help the environment here

Fire at Tire Disposal Facility

6 months ago


On December 25, 2021, at 6 am, an industrial fire broke out in a large tire disposal facility in West Virginia. Six fire departments from the surrounding cities sent crews to fight the fire. It took about eight hours to get the fire under control, but there was still more work to be done. The fire chief predicted that the tires will continue to burn for days because there are tires that are buried more than eighty feet underground and the fire crews will continue to try and smother the flames. (Source)

 

West Virginia Tire Disposal is the largest tire disposal facility in West Virginia. It processes tires from across the whole United States and Canada and will accept any tire. Its mission is to recycle 100% of the tires it receives. WVTD’s current method of tire recycling is to shred some of the tires and store others until there is use for them. (Source)

 

While we applaud this goal and appreciate the efforts of WVTD, we know that shredding tires is not the solution to the end-of-life tire issue. There aren’t enough uses for shredded tires to create enough demand to solve the problem, and in the meantime, tires are stored in landfills waiting to be handled properly. Smart Tire Recycling has begun to tackle the problem and has the solution ready to go. Join us in recycling tires using a chemical process that breaks them down to their component parts to be used in many products, including new tires. 


Invest here

Bolder Industries Acquire Pyrolyx Plant

6 months ago



In March of 2020, tire pyrolysis company, Pyrolyx closed its doors and declared bankruptcy. In December of 2021, Bolder Industries purchased the former Pyrolyx facility in Terra Haute, Indiana, and is planning to outfit it with their proprietary technology. Bolder Industries is a tire pyrolysis company with a plant in Colorado. They will invest $40 million dollars into the initial retrofitting of the Pyrolyx facility and are planning to hire 40 new employees for the plant. Bolder is planning to have the construction finished in the next 2 years and to be able to recycle 3 million tires that would have otherwise gone to landfills.


At Smart Tire Recycling, we are always excited to see other companies expanding in the industry. There is so much room and opportunity in this market that when one company has success, we all benefit. We are happy to all be contributing to solving the end-of-life tire dilemma and are excited to be at the forefront of this important work. If you would like to be a part of this revolutionary industry,

Join us here

Source


Michelin and Bridgestone issue Joint Statement on rCB

6 months ago

Industry-Insides-Ready-to-Make-Changes-at-rCB

Two international tire manufacturers, Michelin and Bridgestone, committed to increasing their use of Recovered Carbon Black (rCB) in their tire production at the Smithers Recovered Carbon Black Conference. Every year, 2.7 billion tires are manufactured, part of which replaces the 1 billion being scrapped annually. This huge scale of tire production is currently detrimental to the environment. Bridgestone and Michelin understand that people have been discussing this issue for a while, but these two companies are ready to take the next step and outline a plan to actually make tire production more sustainable.

 

Though there are solutions to the CB problem and we have the ability to produce rCB, less than 1% of the CB used in the billions of tires produced is rCB. Just increasing the use of rCB, can lower the CO2 emissions resulting from new tire production by 85%.

 

“Michelin and Bridgestone are seeking to establish a coalition of a diverse group of stakeholders, including tire manufacturers, Carbon Black suppliers, pyrolysis partners, and emerging technology start-ups to accelerate progress and increase the supply of recovered carbon black.”  

 

Michelin and Bridgestone believe that by teaming up and working with each other on this initiative, they can give this movement the momentum it needs to take off and reduce CO2 emissions globally.  (Source)

 

We are seeing more and more companies recognizing the need to bring sustainable technology to the tire industry and at Smart Tire Recycling, we are proud to be at the forefront of the movement. 


Join us here

“Meet Our Investors” - Morris Isaacson

7 months ago


We want to introduce you to one of our early investors, who actually started out as a marketing consultant with us, Morris Isaacson. Morris has been working in marketing for nearly 20 years where he has  launched challenger brands and grown established brands globally in the entertainment, electronics, healthcare, cpg, agtech, and green tech sectors. He has worked with internally recognized brands such as Polaroid, Kodak, Stanley Tools and Fox Entertainment, amongst others. He is currently the VP of Marketing for Local Bounti, and an early stage investor in Cryptocurrency businesses such as Smith + Crown.

 

Q&A with Morris:

Q: Smart Tire Recycling is a very technical business, we're you familiar with the space before you engaged with the company?

A: To tell you the truth, not at all!

Q: interesting, so why did you decide to invest with Smart Tire Recycling?

A: Despite the fact that both Mendel and I are originally from Pittsburgh, it took a mutual friend of ours to introduce us a few years ago. As I learned about Smart Tire Recycling I began to learn about the industry, and the technology they were working with. Originally, I didn’t invest and started out as a Marketing Consultant but as I learned and saw more within the company, I knew I had to become an investor.

 

Q: What do you think is Smart Tire Recycling's differentiator?

A: As I mentioned, before I was introduced to Mendel, I had no idea about the issue that end-of-life tires produced. I was vaguely aware that there must be a lot of tires sitting in a landfill somewhere but I wasn’t really thinking about it. Once Mendel explained what they were doing and how Smart Tire Recycling had a major breakthrough on the technological side, I did my own research and read about the industry. When the size and scope of the potential of this technology had become apparent to me. Simply put, Smart Tire Recycling is fundamentally different, and better, than any previous attempts to recycle tires. 

 

Q: Can you give us a Fun Fact about yourself?

A: I wrote a book. Unfortunately, you can’t buy it yet because it is still an unpublished manuscript, but hopefully soon, it will be coming to a book store near you. 


Please be aware that this testimonial may not be representative of the experiences of other customers and are not a guarantee of future performance and success.

Sustainably Produced Materials are the Future of Tire Production - Continental

7 months ago


Continental Tires recently unveiled its new Conti GreenConcept tire concept at this year's IAA. Continental is working to create a tire that is sustainable, lightweight, and efficient.

 

Christoph Herrmann, a professor for Sustainable Manufacturing and Cycle Engineering at the Technical University of Braunschweig, explained that there is an increasing paradigm shift in the automotive industry. “We’re seeing a rethinking. Ecological sustainability is becoming the new normal.” 

 

Continental is one of the companies at the forefront of this change and is working to make tires that are more environmentally friendly. What does that mean? They want their tires to be better for the environment from beginning to end - production, use, and recyclability. They are currently investing in the research and development of new technologies, alternative materials and tire production processes.

 

Right now, over half of Conti Green Concept tires are made up of renewable or recycled materials. “Continental’s goal is to have exclusively sustainably produced materials in its tire products by 2050 at the latest.” As a means to this end, Continental is working on various projects to ensure more sustainability in the extraction of natural rubber. 

 

All too often people view the industry and climate protection as inherent enemies. However, at Smart Tire Recycling, we know that this isn’t true. We know that when industry and sustainable alternatives come together, everyone wins. 

 

Join us in our mission to create an environmentally friendly tire recycling solution at startengine.com/smarttire


Source: https://mag.continental.com/green-concept-en“Sustainably Produced Materials are the Future of Tire Production” -Continental


 

Meet our VP of Commercialization - Raymond Riek

7 months ago

Raymond has been working with Smart Tire Recycling for over 2 years now. He is an action-oriented executive with experience in many facets of the industrial business. He brings with him over 20 years of invaluable experience with Research and Development Management and new product commercialization. 

Raymond was the COO of Delta Energy, a start-up chemical company recovering materials from scrap tires. He previously worked for Monsanto Company for over 30 years including serving as director of the Technology, Rubber, and Process Chemicals Division. Raymond knows what it takes to be successful in the tire recycling industry and is confident that he can help guide Smart Tire Recycling to attain that success.

 

Q&A with Raymond:

 

Q: What originally drew you to Smart Tire Recycling?  

A: Smart Tire Recycling is the only current pyrolysis venture devoted to developing new/improved technology for a high capital industry in need of innovation.

 

Q: With so much experience and technical knowledge of the industry, what would you say is Smart Tire Recycling's biggest differentiator?  

A: Today, most tire recycling companies are driven by folks from the recycling industry in general. They have little engineering or marketing background, and no knowledge of the rubber and plastics industries, which is the target market for this business. Most are just copying what they see others doing. 

There are significant monetary rewards for those who get it all together, but there is very little evidence of firms putting together the necessary combination of industry knowledge, technology, and engineering/manufacturing experience. Smart Tire Recycling has this combination, the know-how, and experience to see it through to success.

 

Q: Why would investing in Smart Tire Recycling be worthwhile for an investor who doesn't understand the technical aspect of the technology?

A: Assuming development success, Smart Tire Recycling will have a significant advantage in requiring lower capital to build a tire recovery facility. This would lower break-even points and improve return on investment for the investor. 

Simply put, Smart Tire Recycling requires less money to recycle tires than many of its competitors, which means the investor makes more money in the long run. 

 

Q: Can you give us a Fun Fact about yourself?  

A: In addition to business life, I have way too many hobbies, including model railroading & writing computer games.

 

Invest in our innovative technology today:

Startengine.com/smarttire

Meet our Investor - David Silverman

7 months ago

We wanted to give potential investors the opportunity to hear one of our current investors explain what drew him to Smart Tire Recycling and why he believes in our exciting and revolutionary company.
Join the ranks of our hundreds of investors here: -- www.startengine.com/smarttire

Please be aware that these testimonials may not be representative of the experiences of other customers and are not a guarantee of future performance and success.

Notice of Funds Disbursement

7 months ago

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

Hello!

As you might know, Smart Tire Recycling 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 Smart Tire Recycling 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

Can Saving the Planet also be Financially Rewarding?

7 months ago

When someone puts their plastic bottle in the recycling bin or makes sure to put their paper garbage in the correct receptacle, they aren’t usually seeing a financial reward. We recycle because we know it’s good for the environment, but what if there could also be monetary gain to recycling (beyond the 5 cents back on bottles)?

 

Probably the most lucrative way to recycle and help the environment is through recycling rubber tires. When recycled correctly, tires can be broken down into their component parts which can be sold for a large profit to be used in a variety of products, including using Carbon Black and oil to manufacture new car tires. (Source)

 

Most people don’t have a tire pyrolysis plant in their backyard and aren’t looking to build one. However, that doesn’t mean you can’t make a profit from recycling tires. For a limited time, Smart Tire Recycling is open to investments so that anyone can benefit financially while saving the environment. 

 

Smart Tire Recycling’s zero-emission recycling process produces materials which are in high demand for commercial applications. Our vision is to transform the toxicity of tire pollution into a virtuous cycle which restores the health of our planet. Join us

Meet Our Chemical and Process Engineer - Clint Edelman

7 months ago

Clint has over a decade of experience as a process engineer working in facilities ranging from university laboratories to production facilities. He received both his Bachelors's and Masters from Carnegie Mellon University. He has spent the majority of his career in process engineering focused on developing new processes and development to full-scale operations. He also spent time at PPG’s Silica division, and learned all about rubber production, specializing in tires, and the requirements for filler materials like carbon black.   

Clint brings his expertise to Smart Tire Recycling and was instrumental in the development of a continuous process utilizing our technology to recycle tire rubber into carbon black and oil. He oversees all aspects of our pilot-scale system. Clint manages our team of engineers and scientists to improve the reaction and separation processes of recycling tire rubber

 

Q&A with Clint

 

Q: What originally drew you to Smart Tire Recycling? 

A: I was originally drawn to Smart Tire Recycling because they were trying to solve a real problem that is only going to get worse. They had a novel approach which seemed interesting to me.

 

Q: With so much experience and technical knowledge of the industry, what is Smart Tire Recycling's biggest differentiator?

A: Smart Tire Recycling's biggest differentiator is its technology. It has the possibility to alter the properties of the carbon black they are recycling and not just collect a slightly worse version of the carbon that was put into the tires in the first place.

 

Q: Why would investing in Smart Tire Recycling be worthwhile for an investor who may not understand the technical aspect of the technology?

A: Currently, scrap tires are a major waste problem that doesn’t have a good solution. They will continue to be more and more of a problem until a solution is found. Current options for dealing with waste tires mostly consist of incineration, which gives off lots of harmful vapors. The other main option is sending the tires to a landfill.  Anyone that can come up with a useful alternative to recycling tires would have access to a huge untapped market.

 

Q: Can you give us a Fun Fact about yourself?

A: I once had to jump off the 2nd-floor balcony of my hotel room to escape a fire.

 

"Meet Our Investors" - Eric Adelman - 1 day left to get in on the 30% discount!

8 months ago

 

We want to introduce you to one of our seed investors, Eric Adelman. Eric is currently the owner of a company that manufactures bed linen. Before that, he founded and ran a recruiting firm that focused on helping start-ups multiply for many years. He specialized in taking a company from 5 people to their IPO. Before agreeing to work with a company, he looks for two key components.

  1. The company has to have an excellent team. 
  2. The company has to be solving a problem that existed.

When Erics's friend (who is also an investor) introduced him to Mendel and Smart Tire Recycling, he saw these two keys to success. First, Smart Tire Recycling has a world-class team and is helping to solve a problem so big that there is plenty of space in the industry for all competitors to be successful. When it comes to recycling tires, as long as a company is successfully solving the problem, it will see success.

 

Q and A with Eric:

 

Q: Why did you decide to invest with Smart Tire Recycling despite your lack of technical knowledge?

A: A trusted friend introduced me to Mendel. I take what he says seriously and know that if he is an investor, we probably have something good on our hands, but I still had to see for myself. I spoke with Mendel, and he had a perfect story. As I always do in these situations, I tried hard to poke holes in his story, but I just couldn't. He impressed me as a fundraiser and with what he was able to do on a shoestring budget. 

 

Q: What do you think is Smart Tire Recycling's differentiator?

A: Honestly, it's the team and its leader. Mendel is a fantastic leader and runs a well-oiled machine, which is incredibly impressive for a company at this stage.

 

Q: Can you give us a Fun Fact about yourself?

A:  I am a diehard Atlanta Braves fan. I took my 12-year-old twins to 15 games just this season!

 

There is only one day left to take advantage of our Early Bird Special. Click here to invest.

Understanding Recovered vs Virgin Carbon Black - 1 week to get in on the special 30% discount!

8 months ago



Originally, Carbon Black (CB) was a material used only in tires as filler and a reinforcing agent. Now that scientists have a better understanding of the properties of CB, they are able to find an increasing number of applications, including conveyor belts, inks, plastic pipes, rubber mats, and shoe soles. As technologies improve, there are two types of CB, “virgin” - CB mined from nature and “recovered”(rCB) - CB produced as a result of pyrolysis. 

 

In terms of production, rCB reduces the carbon footprint of CB production by almost 80%. Effective tire pyrolysis turns end-of-life tires back into usable material, including rCB, and helps to reduce the number of tires going into landfills every year. It’s a win-win. (Source)

 

Many tire pyrolysis plants produce Carbon Char (CC) or raw recovered Carbon Black (raw rCB). Compared to rCB, CC is not valuable and needs additional refinement to give it the ability to be used in high-value applications such as car tires. Smart Tire Recycling doesn’t produce CC. Using a patented supercritical fluid-based process we produce an extremely high quantity of rCB with few impurities which can be used in many applications immediately. (Source)

 

Invest in the future of Carbon Black, click here to invest in Smart Tire Recycling.

 

 

 

Meet our CFO, Adam Epstein

8 months ago


Upon graduating from Emory University, with a degree in Economics-Mathematics, Adam began managing his own private equity fund, specializing in Biotechnology. Soon after, he transitioned into consulting with startup companies during their initial capitalization and development phases. Adam has a record of success with taking fledgling concepts and firms to the next level. He analyzes financials, product marketability and develops investor relations. With his background in marketing and product analysis, Adam advises small businesses throughout the United States.

 

Q & A with Adam:

 

Q: What originally drew you to Smart Tire Recycling? 

A: I’ve known Mendel for a while, but what really drew me into building Smart Tire Recycling was the science behind the company and Mendel’s determination.

 

Q: What is Smart Tire Recycling's biggest differentiator from its competitors?

A: Mendel has assembled experts in construction, engineering, and business. 

 

Q: Why would investing in Smart Tire Recycling be worthwhile for an investor who doesn't understand the technical aspect of the technology? 

A: Any investment entails risk. So when I invest, I look for two things: One, is the solution being developed even necessary, and two, can it be done? Here, the solution is definitely necessary and with our strong team, it can certainly be accomplished. 

Smart Tire Recycling looks at every investment and then carefully decides how it can be used to grow the business. The amazing team Mendel has assembled is just one demonstration to investors of how their money is being used responsibly. 

 

Q: Can you give us a Fun Fact about yourself?

A: I was on the board of a college sports team in Atlanta, GA, and a synagogue in Kobe, Japan

 

 

 

 

 

 

Two Exciting Company Updates!

8 months ago


We have two exciting updates to share with you about Smart Tire Recycling and our continued company growth.

  1. Our European patent (EP3565870 ) has been validated in Germany, France, and the UK for our pyrolysis process.

  2. Smart Tire Recycling has been selected as a finalist for the 2021 2c2i Climate Change Investment Initiative. We were selected from over 150 competitive applicants across North America. This initiative chooses various start-ups in which to invest in. The Corporation picks companies that are focused on “advancing climate change mitigation, adaptation and resiliency efforts, while also promoting social equality and economic prosperity.” We are honored to be amongst the finalists.

 

Early Bird special closing in just 14 days. Invest here now

 


Notice of Funds Disbursement

8 months ago

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

Hello!

As you might know, Smart Tire Recycling 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 Smart Tire Recycling 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

Industry Update - Tire Graveyard in Kuwait

8 months ago

Disposal of tires after they have outlived their use has been a global problem for some time. Many countries try to recycle tires to the best of their abilities, with many tires still ending up in landfills. In Kuwait, there is a tire graveyard. This graveyard has been accumulating tires for years, resulting in huge tire mountains that are visible from space. There are currently over seven million tires in the ground. Unfortunately, the tires are prone to catch fire and erupt in flames. There have been numerous fires reported over the years, most recently in April 2021. The tires contain a range of ecologically hazardous components that are released into the atmosphere in the form of black smoke when these fires occur, harming the neighboring cities and polluting the ground and air. (Source

In September 2021, this problem began to be addressed. Tires from the graveyard were sent to an EPSCO Global General Trading recycling plant. There the tires are sorted and shredded before being pressed into rubbery, colored flooring tiles. This is a start, but The Al Khair group, which helped to transport the tires, hopes to open a pyrolysis plant to more effectively recycle these tires. (Source)

Though India may not be ready to begin the pyrolysis of tires, Smart Tire Recycling is. Tire Pyrolysis is the future of tire recycling worldwide. Own a piece of that future by investing with us today.

Here


Looking forward,

Mendel 

 

 

 

Meet our Tire Pyrolysis and Recycling Specialist - Martin von Wolfersdorff

8 months ago

 

Meet our Pyrolysis and Recycling Specialist and Sales Consultant, Martin von Wolfersdorff. Martin has been serving as the head of Wolfersdorff Consulting since 2014. 

He is a world expert in the distribution and sale of recovered carbon black and tire pyrolysis.

Martin’s latest projects include tire recycling eco-systems, decarbonization, methane pyrolysis/ turquoise hydrogen, recovered carbon black and carbon black. Martin and his team at Wolfersdorff Consulting have developed an extensive network in the chemical and materials industries across all sectors: plastics; packaging; paints and coatings; paper; food, drugs and cosmetics; rubber, and more.

Martin brings a level of expertise and industry connections to the Smart Tire Recycling team that is unparalleled.

 

Q & A with Martin:

 

1. With so much experience and technical knowledge of the industry, what is Smart Tire Recycling's biggest differentiator?

The most important differentiator of Smart Tire Recycling is the team, the people, and their culture and values. Without this, even the best technology cannot be sustainable. Many other tire recycling technology companies do not pay attention to this small but important detail.

 

2. Why would investing in Smart Tire Recycling be worthwhile for an investor who doesn't understand the technical aspect of the technology?

Now is the time to invest in the tire pyrolysis industry and to get an early stake. There is a lot of market interest for tire pyrolysis products from the tire, automotive, and plastics industries. However, there are other tire pyrolysis companies. Which ones are the ones that will succeed? Now we can look again at the main differentiator of Smart Tire Recycling, the people, who make this company a good investment pick.

 

3. Can you give us a Fun Fact about yourself?

When in the carbon black industry with Cabot, I literally started “running” business meetings where the team would run a scenic 10k loop around Schaffhausen in Switzerland, crossing the Rhine falls. Some of us even ran the Boston Marathon together.

 

 

 

Rubber Apocalypse

8 months ago

 

Hello,

A recent CNBC report dubbed the "Rubber Apocalypse," detailed that the world will soon be facing a rubber shortage and should be investing in alternative ways to produce rubber that are not dependent on Southeast Asia. Asia supplies 90% of the world's natural rubber. The U.S. imported $140 million worth of natural rubber in March 2021 alone. However, due to a confluence of factors from Covid-19, to a destructive fungus and shipping container shortages, there is a worldwide difficulty in accessing rubber exports. 

 

The global natural rubber market was valued at $40 billion in 2020 and is projected to increase and be worth $68.5 billion by 2026. One reason for the tremendous growth is automobile tires. Put simply, with increased travel, there is an increased need for car tires.


This, of course, brings us full circle. The world needs tires, and the raw materials needed to make tires continue to be in dangerously low supply. In addition, tires are not currently and have historically never been recycled properly; this creates an increased need for natural rubber to produce more tires. With the mining of rubber and shipping of most of the world's rubber nearly in collapse, it is time for a change. 

 

Smart Tire Recycling already has the technology to solve the problem of the imminent rubber shortage. We can recycle tires back to their parts right here in the U.S., eliminating the issues associated with importing natural rubber from Asia.

 

Join us in solving this global challenge. Click here to invest. 

 

Rubber Apocalypse

https://www.cnbc.com/2021/07/09/what-the-impending-rubber-apocalypse-means-for-the-us-economy.html

 

 

Meet our CTO - Dr. Lacramioara Schulte, MBA

9 months ago

Hello,

 

At Smart Tire Recycling, we feel that our investors and supporters are part of our team. We want you to feel like you know who we are, what we do, and where we’re going. Therefore, we will be introducing you to one of our board members each week. This week, we are excited to introduce our CTO, Dr. Lacramioara Schulte, but we call her Q.

 

A person with her hand on her face

Description automatically generated with medium confidence

 

Q excels at developing dynamic entrepreneurial business strategy and is a proven technology management leader. She has successfully created and captured value in varied industries by creating and executing innovative strategies. Q has a history of proficiency in developing and managing product driven R&D programs from idea to commercial implementation. She is known in the industry for executing innovative strategies resulting in increased revenue and business growth through applying her superior analytical skills, scientific expertise, and entrepreneurial nature. We feel lucky to have her on our team.

 

Q began her career as a research engineer in the Tire Industry, developing new blends for tire manufacturing. She is an expert in the field and has been working with Smart Tire Recycling for 6 years. She believes that our technology is robust, and the potential market share is huge. Q began as a consultant with Smart Tire Recycling, and shortly after, became the COO. After a hiatus from the company, Q came back and joined the Board of Directors and was named CTO.

 

Meet our CTO - Dr. Lacramioara Schulte, MBA

 

Q & A with Q


Q: What originally drew you to Smart Tire Recycling?

 

A: A mutual acquaintance introduced me to Mendel. At the time, he was working on applying for government grants. I had already seen a lot of success in procuring grants and this person thought I could help. I found the technology that he was working on to be intriguing and saw the potential of what he could accomplish. 

Tire pyrolysis was especially interesting to me because I had begun my career in Romania in tire manufacturing, the opposite of what Mendel was working on. I began as a consultant but after a few months, became more involved because of the unique nature of what he was doing.

 

Q: With so much experience and technical knowledge of the industry, what is Smart Tire Recycling biggest differentiator?

 

A: Simply put, it has the BEST TEAM.

Obviously, the technology is extremely high tech - we’re not just burning tires. But I think the biggest asset that Smart Tire Recycling has is its Team. Mendel assembled a team of such highly qualified engineers that are truly experts in their respective fields and are incredibly knowledgeable in tire pyrolysis. 

 

Smart Tire Recycling also has a higher carbon black recovery percentage than its competitors.

 

Q: What are some additional benefits that Smart Tire Recycling has?

 

A: The environmental benefits are huge. There are millions of tires filling up landfills. Our technology can turn these tires into usable products. Historically, the highest level of recycling a tire had was to shred it, but the uses of shredded rubber are very limited, whereas turning a tire back to its component parts would have extensive use.

Additionally, the technology is already proven at lab scale.

 

Q: What’s a Fun Fact about yourself?

 

A: Well, the way I got my nickname is interesting. In college, I played cards a lot (and was good at it). I played so much that I was nicknamed the “Queen of Hearts” which eventually was shortened to “Q.” The nickname just stuck.

 

 

All the best,

Mendel Bassman, CEO and Founder

 

 

 

 

Over $170k raised!

9 months ago


 

Smart Tire Recycling has 2 pieces of exciting news to share with you!

 

First, we are happy to announce that we have passed the $170k mark in our seed round on Start Engine. We believe in Smart Tire Recycling’s mission to build a greener and more sustainable future, and it is gratifying to see that others do as well. Our revolutionary process to recycle tires will help the environment on a massive scale, and it is because of funders like you that we will soon be able to see that technology in action across the country.

 

The second piece of news is that we have been named one of Pennsylvania's Top 101 Automotive Startups by StartUp Pill. Companies are chosen based on “exceptional performance in one of these categories: Innovation, Growth, Management and Societal Impact.” We are honored to be on this list and feel gratified that people are taking notice of what we are doing to innovate in the automotive industry. 

 

If you would like to invest with us on StartEngine click here

 

Thank you,

Mendel Bassman

CEO

 

First Major Investment in Our Industry - This Week!

9 months ago

There are some exciting things happening in the Tire Recycling Industry. Bolder Industries, a pioneer in converting end-of-life tires into sustainable carbon black and petrochemical alternatives, received $80 million dollars in funding from CIM Group for its tire pyrolysis plant. (Source) This kind of investment is a huge success for our industry as a whole. We view developments such as this as additional signs which point to the investment community’s confidence that the new processes and technologies we are developing are working and are here to stay. Institutions are recognizing the positive impact we can have globally, both on the environment and businesses. 

 

Tire pyrolysis is an emerging technology, but the problem used tires create for the environment is an old one. In a recent exploratory study, our resident tire pyrolysis industry expert, Martin von Wolfersdorff pointed out that due to the dramatic increase in product demand and the concomitant shortage of production, producers like Smart Tire Recycling and Bolder Industries act as partners in trying to meet the demand and fix this huge environmental problem. There is plenty of space in the industry for multiple companies to flourish. 

 

We expect to see many more positive developments in the industry in the coming months and we are excited about what the future holds for Smart Tire Recycling. 

 

Thank you for partnering with us.

 

Mendel Bassman

CEO

 

 

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