Lummus and InnoVent Renewables Join Forces for Sustainable Tire Recycling Expansion
On October 30, 2025, Lummus Technology and InnoVent Renewables formalized a significant partnership aimed at scaling the deployment of advanced tire pyrolysis technology across the globe. This collaboration marks an important step forward in addressing the pressing issue of tire waste management while fostering a circular economy in the tire industry.
Lummus Technology, recognized worldwide for its innovative process technologies and sustainable energy solutions, has joined forces with InnoVent Renewables, a standout player in eco-friendly tire recycling processes. The foundation of their partnership is encapsulated in a master cooperation agreement (MCA) which allows Lummus to act as the exclusive global licensor for InnoVent's proprietary technology. This technology is adept at transforming end-of-life tires (ELT) into valuable products, including pyrolysis oil, gas, carbon black, and steel, which can then be integrated into existing supply chains as renewable fuels and essential chemicals.
"This agreement signifies the next phase of our collaboration with InnoVent, as we seek to expand and enhance a tested circular technology," stated Leon de Bruyn, President and CEO of Lummus Technology. With a growing concern about the environmental impact of over one billion tires disposed of annually, Lummus is reaffirming its commitment to sustainability, utilizing innovative technology to tackle this global challenge.
Earlier in the year, a memorandum of understanding between both companies laid the groundwork for this strategic arrangement, and the signing of the MCA now solidifies their partnership, focusing on technological advancement and wider accessibility of sustainable practices in tire recycling.
Vibhu Sharma, CEO of InnoVent Renewables, expressed enthusiasm about the partnership, highlighting Lummus' comprehensive portfolio and global reach as pivotal in addressing public health and environmental challenges. The duo aims to significantly scale the market for sustainable fuels derived from waste tires, promoting environmentally conscious practices while creating high-value petrochemicals.
The technology developed by InnoVent Renewables includes a complete, scalable solution transitioning end-of-life tires through various stages until they are transformed into sustainable fuel and high-value chemicals. Currently, InnoVent operates a facility in Monterrey, Mexico, with a remarkable capacity to process up to one million passenger tires each year, and is poised to expand this capacity further.
Lummus Technology is not new to the field of environmental sustainability; it has long pioneered technology solutions that drive modern life while aiming for a low carbon future. Their diverse portfolio spans licensing process technologies within clean fuels, renewables, petrochemicals, and gas processing. With cutting-edge catalysts and a focus on digitalization, they continue to meet global demands and environmental standards in innovative ways. To learn more about Lummus, interested parties can visit their official website at www.LummusTechnology.com.
On the other side, InnoVent Renewables stands at the forefront of tire recycling technology, committed to turning waste into value. Their ongoing efforts not only promise to make waste management more efficient but also present a sustainable avenue to procure essential resources. For a deeper insight into InnoVent, their website www.innoventrenewables.com provides valuable information about their technologies and operations.
This partnership between Lummus and InnoVent represents a crucial advancement in the recycling industry, providing a robust solution to tire disposal issues while setting a precedent for future collaborations aimed at fostering sustainability in manufacturing and resource management. As they move forward, the industry watches closely, eager for positive environmental change initiated through innovative technology.
Lummus Technology, recognized worldwide for its innovative process technologies and sustainable energy solutions, has joined forces with InnoVent Renewables, a standout player in eco-friendly tire recycling processes. The foundation of their partnership is encapsulated in a master cooperation agreement (MCA) which allows Lummus to act as the exclusive global licensor for InnoVent's proprietary technology. This technology is adept at transforming end-of-life tires (ELT) into valuable products, including pyrolysis oil, gas, carbon black, and steel, which can then be integrated into existing supply chains as renewable fuels and essential chemicals.
"This agreement signifies the next phase of our collaboration with InnoVent, as we seek to expand and enhance a tested circular technology," stated Leon de Bruyn, President and CEO of Lummus Technology. With a growing concern about the environmental impact of over one billion tires disposed of annually, Lummus is reaffirming its commitment to sustainability, utilizing innovative technology to tackle this global challenge.
Earlier in the year, a memorandum of understanding between both companies laid the groundwork for this strategic arrangement, and the signing of the MCA now solidifies their partnership, focusing on technological advancement and wider accessibility of sustainable practices in tire recycling.
Vibhu Sharma, CEO of InnoVent Renewables, expressed enthusiasm about the partnership, highlighting Lummus' comprehensive portfolio and global reach as pivotal in addressing public health and environmental challenges. The duo aims to significantly scale the market for sustainable fuels derived from waste tires, promoting environmentally conscious practices while creating high-value petrochemicals.
The technology developed by InnoVent Renewables includes a complete, scalable solution transitioning end-of-life tires through various stages until they are transformed into sustainable fuel and high-value chemicals. Currently, InnoVent operates a facility in Monterrey, Mexico, with a remarkable capacity to process up to one million passenger tires each year, and is poised to expand this capacity further.
Lummus Technology is not new to the field of environmental sustainability; it has long pioneered technology solutions that drive modern life while aiming for a low carbon future. Their diverse portfolio spans licensing process technologies within clean fuels, renewables, petrochemicals, and gas processing. With cutting-edge catalysts and a focus on digitalization, they continue to meet global demands and environmental standards in innovative ways. To learn more about Lummus, interested parties can visit their official website at www.LummusTechnology.com.
On the other side, InnoVent Renewables stands at the forefront of tire recycling technology, committed to turning waste into value. Their ongoing efforts not only promise to make waste management more efficient but also present a sustainable avenue to procure essential resources. For a deeper insight into InnoVent, their website www.innoventrenewables.com provides valuable information about their technologies and operations.
This partnership between Lummus and InnoVent represents a crucial advancement in the recycling industry, providing a robust solution to tire disposal issues while setting a precedent for future collaborations aimed at fostering sustainability in manufacturing and resource management. As they move forward, the industry watches closely, eager for positive environmental change initiated through innovative technology.
Topics General Business）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.