Press & Media Info
|February 15, 2013|
Meeting the world's need for liquid gold through old tyres
|Klean Industries Featured in Plastics & Rubber Asia|
Global economies are dependent on oil to run industries. A dysfunctional supply and demand chain may lead to an energy crisis.
Analysts say that escalating oil prices are a prelude to oil shortages. It is for this reason that the industry is seeking ways of deriving oil from varied, even unlikely, ways like tyre pyrolysis, says Angelica Buan in this report.
luctuating oil prices in the world market significantly impact daily lives. Amongst the first to sound the alarm is the International Monetary Fund (IMF) that says oil prices will skyrocket to US$105 a barrel this year. This followed an earlier apocalyptic forecast from the US that by 2015, the world will be short of nearly 10 million barrels/day of oil; and by 2030, the global production of only 100 million barrels/day will be way below the requirement of 118 million barrels/day.
Our oil reserves may never go back to the primeval 2 trillion barrel-level but instead will continue to bottom out. According to a report from the International Energy Agency (IEA), countries like China and the US will require an additional 865,000 barrels/day just to meet their needs.
Anticipating the oil and energy crisis, several oil and gas companies are already charting remote geographic locations to extract oil. The downside to this is getting a pool of skilled workers. Yet other innovations are being considered, for instance, the US shale production for natural gas; using waste to energy methods to derive ethanol and biofuels and organic oil substitutes from used tyres.
Download a copy of the article featuring Klean Industries.
ARTICLE CORRECTIONS INCLUDE THE FOLLOWING:
1st page, 2nd column, 3rd paragraph, 2nd sentence ~ One of these is tyre pyrolysis, which is claimed to be a safe way to recover scrap tyres for pyrolytic oil (PO) or bio-oil.
*** It is impossible to produce "bio-oil" from tires. Tires are made from mineral hydrocarbons not biomass. Bio refers to living matter, ie wood chips can produce bio-oil, but the tires of today contain little natural rubber their for they do not produce bio-oil.
2nd page, 2nd column, 4th paragraph, 1st sentence ~ The 30-year old Klean Industries, which has a capacity of 100,000 tonnes/year, uses a hybrid gasification and pyrolysis process that has been commercially proven in over 50 applications.
*** The 30-year old commercially proven technology employed by Klean Industries, has a processing capacity in excess of 100,000 tonnes/year. The company uses a hybrid gasification and pyrolysis process that has been commercially proven in over 50 applications.
3rd page, 1st column, 7th paragraph, 1st sentence ~ Klean's technology has processed 100,000 tyres and recovered 100,000 tonnes of waste, which translates to the amount of waste produced by 75 million people, according to Klinkhamer.
***Klean technology has processed over 100,000,000 (100 million) tyres to date. Together with competent partners, we have more than 500 waste-to-energy reference facilities, clearly demonstrating the commercial viability of our approach, technologies and solutions portfolio. This corresponds to a daily recovery and recycling rate of over 100,000 tonnes of waste, which in turn equates to the amount of waste produced by nearly 75 million people.