Partnership with TRS and Asphalt Plus to Expand ElastikoTM Market
Tyre Recycling Solutions S.A. (TRS) of Préverenges, Switzerland and Asphalt Plus, LLC of Barrington, IL, USA are pleased to announce that they have signed a joint technology development and marketing partnership. This collaboration will permit the manufacture and sale of ElastikoTM Engineered Crumb Rubber (ECR) – a chemically engineered recycled tire rubber additive used in both paving and roofing applications – at TRS facilities for sale to global markets. The ECR will be marketed by TRS under the globally registered trademark TyreXol™
ElastikoTM ECR technology has been developed by Asphalt Plus, LLC since the early 2000s as a part of an engineered application system called “Dry Process Rubber.” TRS builds solutions for the processing and recycling of scrap tires through the development and implementation of innovative technologies. The company is deploying the technologies globally in a series of regional processing facilities. ElastikoTM ECR will allow TRS to vertically integrate their licensed scrap tire processing business by providing recycled rubber products to the asphalt paving and roofing markets.
TRS and Asphalt Plus LLC are now working together to introduce and expand the ECR technology use in both Europe and Asia. More than five paving projects are already either scheduled or completed in Europe, with many more expected. This collaboration intends to significantly expand the consumption of scrap tire rubber by making better, less expensive roads. Large volume demand for scrap tire rubber will further improve financial performance for TRS-licensed recycling operations. More recycling of scrap tires will reduce potential environmental impacts from disposed scrap tires, helping to make tire manufacturing, scrap tire recycling and paving industries more sustainable.
For further information or to contact either company, please refer to the company websites or links below: