Spurred by the collaborative efforts of the University of Waterloo and the public/private sector, Tyromer opens its doors
KITCHENER/WATERLOO, ON, Sept. 18, 2015 /CNW/ - Today, Tyromer Inc, a company established by the University of Waterloo to commercialize a better way to recycle scrap tire rubber and more importantly, to manage scrap tire waste, announced the opening of its groundbreaking facility, Tyromer Waterloo.
The Tyromer technology invented by Professor Costas Tzoganakis of the Department of Chemical Engineering, University of Waterloo, turns scrap tire rubber into a new, versatile, high quality rubber material – Tyromer-TDP (Tire-Derived Polymer). Tyromer Waterloo will be the first manufacturer to introduce Tyromer-TDP, and will showcase the potential impact the Tyromer devulcanization technology can have on tire recycling in Ontario, Canada and globally.
"Each year more than 300 million scrap tires are generated in North America. During the average life of a tire, only 20 per cent of the rubber is used, leaving a staggering 10 billion pounds of scrap tires," said Sam Visaisouk, CEO, Tyromer Inc. "With Tyromer-TDP, there is now a socially responsible and environmentally sustainable solution to the global management of scrap tires."
Tyromer received early financial support from Michelin Development Company, Ontario Centres of Excellence and University of Waterloo to scale up its technology. Ontario Tire Stewardship provided a research grant for Tyromer to strategically focus on the devulcanization of scrap tire rubber crumb. AirBoss Rubber Compounding, the second largest custom rubber compounder in North America, provided valuable industry knowledge and helped validate Tyromer-TDP as a viable rubber compound replacement in the manufacture of tires, and provided technical assistance in the construction of the Tyromer Waterloo facility.
"Tyromer Waterloo Inc. represents the successful collaboration among university, public sector (Ontario Tire Stewardship) and industry (AirBoss Rubber Compounding) in transforming a university invention into a global innovation in scrap tire recycling and resource utilization. To celebrate this success, we will officially unveil Tyromer Waterloo at its open house today at 11 a.m. in Kitchener," said Sam Visaisouk
Photos from the event are available upon request.
About Tyromer Inc
Tyromer Inc. is a company established by the University of Waterloo, Waterloo, Ontario, Canada, to commercialize a rubber devulcanization technology invented by Professor Costas Tzoganakis of the Department of Chemical Engineering.
SOURCE Ontario Tire Stewardship
Image with caption: "Tyromer technology inventor, Costas Tzoganakis, MPP for Kitchener Centre, Daiene Vernile and CEO of Tyromer, Sam Visaisouk converse in front of the new production facility (CNW Group/Ontario Tire Stewardship)". Image available at: http://photos.newswire.ca/images/download/20150918_C7019_PHOTO_EN_500747.jpg
For further information: To arrange an interview with a Tyromer representative please contact: Eric McLean, Environics Communications, 416-969-2756, email@example.com