Processing of waste tyre and plastics to extract high calorific value fuel (Euro-4 standard) which is alternative to fossil fuel. The project is already in progress.
1,500,000 USD dollars have been raised. Additional equity investment is sought. Project commissioning: end of August.
Wasted tyres are available for free around the world and are polluting the environment.
Due to the higher capital cost of recycling tyres, the rate of wasted tyre disposal is lower compared to the inflow of scrap tyres into the yards.
Hence, the accumulation of tyres over a decade poses a threat to the environment.
When there is a problem, solutions are inevitable.
I made a joint venture with the technology provider and CUSTOM BUILT the process to suit economy of operations.
The investment is risk free for an investor since the product is FUEL which is in high demand in general, and in India in particular, which is fuel and energy starving.
In our process huge amount of heat is wasted and from that we can generate electricity.
Moreover, the plant can be made mobile and placed near the tyre yard for cleaning up the waste tyre, generate energy and fuel.
The additional funding is required for energy generation from the wasted process heat and also for making mobile units.
The payback period is 18 months.
The demand for fuel is more than the supply. The gap has never been filled and no country is self-sufficient.
The current project will use waste tyre from tyre yards to produce fuel. For the past two decades the yards are facing problems, and finding it difficult to dispose tyres off. As long as the tyre yards exist his project will be viable and bring profit to all the investors.
The project is targeting all responsible investors who are aware of the environmental issues and take the initiative and responsibility for clearing the yards in every country.
As I have taken initiative (as an engineer) in developing the environment friendly process, and also custom built the plant, I am also sure and responsible for the return on investment and payback period. There is no competition and my success cannot be repeated.
Using tyre derived fuel has proven to work. The whole World War 2 was fought using such fuel.
Making money out of fuel is also known to everyone and opportunities are plenty. What is required for our opportunity is willingness to clear the yards and initiative.
Other market players are making money but the payback period is 7 years due to their high capital costs. Due to the JV formation our capital cost is low. Furthermore, the process is eco-friendly satisfying all Euro standards.
Investment is needed for manufacturing mobile processing units and generating energy out of the wasted heat and wasted tyre.
One million is required every year for five equated periods.
• Equity investment: 50% equity; dividends of 18%
• Both hands on or silent investor are ok
• Payback period of 18 months
• ROI: 15%
• IRR: 20%
• Every year 1 million dollar for a period of 5 yrs to cover the yards