Nevada tire recycling project awaits funding

WELLS, Nev. (Nov. 5)—Recycling firm World Renew and the city of Wells are looking for investors for a projected tires-to-energy facility in the Wells heavy industrial park. The project has received its solid waste permits from the Nevada state government, and a bill passed earlier this year by the Nevada legislature makes World Renew eligible for renewable energy credits for 70 percent of the electricity it produces, according to Wells City Manager Jolene Supp. World Renew plans to use a proprietary method to break down tires into oil and gas for electricity production and steel and carbon black for sale. Unlike pyrolysis, however, World Renew's process takes place at low temperatures. "That's what makes our carbon black valuable and reusable," said Patrick Barney, the company's owner.