FREUDENBERG, Germany—HF Mixing Group has completed the purchase of WF Recycle-Tech, which has a patented pyrolysis system for recycling end-of-life tires.
The deal for WF Recycle-Tech was announced in February and combines that company's pyrolysis technology with HF Mixing's continuous mixing, engineering and equipment manufacturing capabilities. HF Mixing, of Freudenberg, made the acquisition through its Ansonia, Conn.-based Farrel Pomini subsidiary.
"We feel it brings significant advantages to the group with the opportunity to utilize the patented system or it outputs. As a global supplier of equipment to the tyre and technical rubber industries, these innovations will help drive the closing of the tire recycling loop and improve sustainability across several of our business sectors and lead to more environmentally neutral solutions," Ian Wilson, HF Mixing Group's co-CEO, said in a statement.
Surrey, England-based WF Recycle-Tech started operations in 2013 to develop a pyrolysis approach to handle used tires. The company, on its website, said an operational protype is complete and work is moving toward commercialization of production machines.
The process, using heat in the absence of oxygen, transforms crumb rubber into oil, gas and recovered carbon black. WF Recycle-Tech has created a continuous process, as opposed to batch operations, to transform tires back into raw materials.
Terms of the deal were not disclosed.
