Tire-to-Oil Recycling Facility Set for Florida Debut
by James Guyette (Motor-Age) Fort Lauderdale-based InfoSpi, Inc. is moving ahead with plans to build a “flagship” Tire-to-Oil (T2O) plant in Pompano Beach, Fla. The company, which anticipates rolling out a network of 10 franchised facilities throughout the U.S., is finalizing negotiations to lease a 40,000 square-foot Pompano site that includes railroad access.
“Our ability to convert over 1 million used tires in each of our facilities into much needed re-useable commodities is exciting,” says CEO Chris Hamilton. … “Our Scrap Tire Pyrolysis Production Plant utilizes these tires, and is paid to do so – up to $100 per ton – generating revenue of up to $400 per ton in material recovery and tipping fees,” Hamilton says. READ MORE
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