Prism Worldwide manufactures circular polymer materials from recycled tire rubber and plastic waste, utilizing advanced compounding techniques to create high-performance thermoplastic elastomers. This process reduces reliance on virgin materials, addressing the environmental impact of plastic waste and tire disposal while providing sustainable solutions for various industrial applications.
Funding
$76M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The accumulation of end-of-life tires and plastic waste poses a significant environmental challenge, and traditional reliance on virgin materials for polymer production contributes to resource depletion and increased carbon footprint. Many industries lack access to sustainable, high-performance thermoplastic elastomers that can effectively replace virgin materials in demanding applications.
Solution
Prism Worldwide addresses these challenges by manufacturing circular polymer materials from recycled tire rubber and plastic waste, utilizing advanced compounding techniques to create high-performance thermoplastic elastomers (TPEs). Their patented process transforms end-of-life tire rubber into polymer intermediates (PTR™) that are then compounded into injection moldable TPE pellets. These TPEs, marketed under the Ancora™ brand, offer a sustainable alternative to petrochemically derived TPEs without compromising performance. By upcycling waste materials, Prism reduces reliance on virgin resources, lowers carbon footprint, and provides industries with sustainable material solutions.
Target Audience
Prism Worldwide targets industries seeking sustainable and high-performance thermoplastic elastomer solutions, including automotive, footwear, and general polymer markets.
Features
- Utilizes patented Prism™ process to derive polymer intermediates (PTR™) from ground tire rubber.
- Offers Ancora™ TPE compounds with a minimum of 50% post-consumer recycled content.
- Provides TPEs that maintain the look, feel, and processing characteristics of typical petrochemically derived TPEs.
- Offers custom compounding solutions to meet specific application requirements.
- Provides materials suitable for various applications, including automotive mats, weather stripping, and footwear.
- Offers Ancora™ C-1000, a commercially available TPE compound with a Shore A hardness of 80.
- Provides domestically sourced materials that meet IIJA Buy America requirements.
- Offers TPEs with a carbon footprint approximately 86% lower than virgin synthetic rubber compounds.