InnoVent Renewables operates a continuous, modular pyrolysis system that converts end‑of‑life tires, plastics and biomass into fuel‑grade oil, low‑ash carbon black, aromatic chemicals and reclaimed steel wire. The closed‑loop process achieves a 95 % material recovery rate with near‑zero emissions and generates carbon credits, supplying renewable fuels and circular feedstocks to tire makers, petrochemical producers and industrial fuel buyers.
Funding
Funding not disclosed
Founders
Product
Problem
Millions of end‑of‑life tires, along with plastic and biomass waste, are landfilled each year, creating long‑term environmental hazards such as leachate, pest breeding, and toxic emissions from open‑burning. Existing recycling methods (batch pyrolysis or incineration) are inefficient, emit pollutants, and recover only a small fraction of the material’s value.
Solution
InnoVent Renewables operates a proprietary continuous pyrolysis platform that thermally decomposes waste tires, plastics, and biomass in an oxygen‑free environment to produce high‑purity pyrolysis oil, recovered carbon black, aromatic compounds, and steel wire. The process is fully closed‑loop, achieving near‑zero emissions and enabling carbon‑credit generation. A commercial plant in Monterrey processes up to one million tires annually, delivering a 95 % material recovery rate and reducing CO₂ emissions by roughly 80 million lb per year. The technology is modular and mobile, allowing rapid deployment in new jurisdictions. Product streams are sold as renewable fuels, petrochemical feedstocks, and circular materials for tire manufacturing, inks, paints, and steel markets. Strategic licensing with Lummus Technology expands global reach and provides integrated downstream processing options.
Target Audience
Primary customers include tire manufacturers and waste‑management firms seeking circular solutions, industrial fuel purchasers, petrochemical producers, and OEMs requiring recycled carbon black or steel wire for downstream applications.
Features
- Continuous high‑temperature pyrolysis reactor operating under strict oxygen‑free conditions for consistent feedstock conversion
- Integrated pre‑processing, gas cleaning, oil purification, and polishing units delivering fuel‑grade pyrolysis oil (diesel, marine, generator blends) and low‑ash carbon black
- Real‑time process monitoring and advanced control algorithms ensuring 95 % recovery of steel wire and high‑value aromatics
- Modular, skid‑mounted plant design enabling rapid relocation and scaling from pilot to commercial capacity (up to 1 M tires/year)
- Closed‑loop emissions management with heat recovery and on‑site LPG recycling for reactor energy, achieving near‑zero net emissions
- Generation of verifiable carbon credits tied to waste diversion and emission reductions
- Licensing framework through Lummus Technology, incorporating proprietary downstream upgrading technologies for enhanced product value