
Photo provided by ReNeuvo Group Inc.
Brant, Ontario-based rubber recycling technology firm ReNeuvo Group Inc. says it is in the process of selecting a state in Mexico in which to locate its first international plant.
The company adds that it has secured a strategic partnership involving an exclusive license agreement to bring its technology beyond Canada to Mexico, Brazil and India.
ReNeuvo says it uses a proprietary formulation of reprocessed recycled rubber crumb and plastic material to produce a thermoplastic elastomer (TPE) material that can replace TPE materials made from virgin compounds.
The firm says its XyloX product does not require any additives or adhesives and that “the bond is made at the molecular level.” XyloX itself is also 100 percent recyclable, reducing landfill requirements for traditional elastomer production, says ReNeuvo.
ReNeuvo Group Inc. executives say XyloX can be pelletized for injection molding applications, or it can be extruded as a profile with the added benefit of incorporating the elastic properties of rubbers. “As a result, these materials are ideal for large variety of applications in the automotive sector,” says the company.
“It is also easier to mold and more consistent in performance, reducing processing costs and energy requirements,” adds the firm.
In its home county of Brant, the company says its ReNeuvo Composites Brant facility will produce approximately 45,000 tons of XyloX TPE in 2021.
“With ever-increasing government initiatives to institute ‘green’ products, we feel that our product will champion the market for a new, eco-friendly TPE made with no additives or adhesives that will infuse the global market,” states the company.
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