Dinar_OS
11-08-2008, 07:16 AM
http://www.bloomberg.com/apps/news?pid=20601104&sid=ax_629qs_WOE&refer=mideast
Symphony Aims to Turn Tires Into Oil, Report Profit (Update2)
Nov. 7 (Bloomberg) -- Symphony Environmental Technologies Plc, a maker of products that help plastics decompose, will have developed a process to turn old tires back into oil in about three years, Chief Executive Officer Michael Laurier said.
Symphony leads a group that won a U.K. government subsidy in July to develop a machine to reclaim commodities from used tires. By January, a prototype that uses pressurized water to strip away rubber and steel from tires to be sold as scrap will be ready, Laurier said in an interview.
``The process will produce no smell or pollution to reclaim clean, fine rubber and clean steel wire,'' the CEO said in London. Symphony is based in Borehamwood, England.
The prototype machines will be available by next year and the company may rent them out or charge per use. Symphony is also developing a process to break rubber into oil.
Symphony Aims to Turn Tires Into Oil, Report Profit (Update2)
Nov. 7 (Bloomberg) -- Symphony Environmental Technologies Plc, a maker of products that help plastics decompose, will have developed a process to turn old tires back into oil in about three years, Chief Executive Officer Michael Laurier said.
Symphony leads a group that won a U.K. government subsidy in July to develop a machine to reclaim commodities from used tires. By January, a prototype that uses pressurized water to strip away rubber and steel from tires to be sold as scrap will be ready, Laurier said in an interview.
``The process will produce no smell or pollution to reclaim clean, fine rubber and clean steel wire,'' the CEO said in London. Symphony is based in Borehamwood, England.
The prototype machines will be available by next year and the company may rent them out or charge per use. Symphony is also developing a process to break rubber into oil.