Meeting a Need
Each year, the United States generates an estimated 300 million scrap tires. That's one discarded tire for every American man, woman, and child. Standing tread-to-tread, a single year's worth would go around the world almost seven times!
More than 50% of these scrap tires are shredded and sold for relatively low-value uses such as tire-derived fuel-a substitute for coal that generates significant greenhouse gases and other emissions. Another 45 million are dumped into landfills, which produces numerous potential environmental and public health risks.
The scrap tire industry in the U.S. is a well-established network of companies. It generates over $500 million in annual revenue and employs more than 10,000 people. However, the potential to recycle scrap tires into higher-value products has constituted an enormous, largely untapped economic and environmental opportunity. Until Reklaim.
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