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Lummus Technology Expands Commitment to Sustainability Through InnoVent Partnership

Overview
Lummus Technology, an esteemed global provider of process technologies, has announced a strategic investment aimed at driving its sustainability efforts further into the tire recycling sector. This collaboration with InnoVent Renewables promises to enhance the capacity and deployment of innovative tire recycling technology, setting a path towards a more sustainable and circular economy.

Why Tire Recycling Matters
Every year, billions of tires are discarded, many ending up in landfills, where they pose significant environmental challenges. Lummus’ partnership with InnoVent addresses this pressing issue head-on by focusing on the development of effective recycling solutions. Through InnoVent’s advanced technology, used tires can be converted into valuable resources, including tire pyrolysis oil, recovered carbon black, pyrolysis gas, and steel. This end-to-end process not only reduces waste but also creates high-value products that can be reintegrated into various industries.

A Strategic Investment
The recent investment demonstrates Lummus’ commitment to advancing sustainable technologies. Leon de Bruyn, President and CEO of Lummus Technology, emphasized, "Investing in InnoVent reinforces our commitment to advancing sustainable, circular technologies that solve real environmental challenges." The synergy between Lummus and InnoVent, which was established in their initial partnership in 2025, has already shown promise, and this new investment is expected to accelerate the rollout of tire recycling processes across the globe.

InnoVent’s Cutting-Edge Technology
InnoVent Renewables is at the forefront of revolutionizing the way we deal with end-of-life tires. Their proprietary continuous pyrolysis technology stands out for its scalability and efficiency. Currently, they operate a notable facility in Monterrey, Mexico, capable of processing one million passenger tires each year. With the funding from Lummus, plans are in place to increase the operational capacity and refine the process’s commercial viability, meeting the growing demand for sustainable waste management solutions.

Looking Forward
Both companies share a vision of expanding their respective markets while addressing the ongoing environmental crisis caused by tire waste. Vibhu Sharma, CEO of InnoVent, expressed enthusiasm for this partnership, stating, "Lummus' global reach and technology leadership will help us scale rapidly and bring our solution to markets that urgently need sustainable, high‑value alternatives to traditional tire disposal."

Conclusion
As the world looks for practical solutions to combat climate change and waste management issues, the collaboration between Lummus Technology and InnoVent Renewables presents a fundamental step towards a more sustainable future. Their joint efforts promise to transform the tire industry, transforming waste into valuable resources and leading the charge towards environmental responsibility in the manufacturing and waste sectors. To learn more about these innovative advances, visit Lummus Technology and InnoVent Renewables.