Background
Globally, over 1 billion tires reach the end of their life each year and are dumped in already overflowing stockpiles and illegal landfills. And this composes only 55% of the rubber waste problem. This waste rubber is not biodegradable, is dangerously combustible, and wreaks havoc on the environment.
Technology
Levgum is an environmental technology company specializing in rubber de-vulcanization. The Company has developed the world’s leading rubber de-vulcanization technology, turning rubber recycling into a commercially viable, environmentally clean enterprise.
Levgum’s innovative new process involves breaking down the sulfur links that are crossed between rubber polymer chains in vulcanized rubber. This enables waste rubber to be re-used, while retaining most of the properties and characteristics of the original rubber. As a result of Levgum’s novel technology produces de-vulcanized rubber compound (DRC), which offers, for the first time, high-quality recycled rubber that can replace virgin rubber compounds at a significant cost savings, thereby ensuring a better and more lucrative future for the entire rubber industry.
Advantages
Levgum’s de-vulcanization process will reduce the amount of rubber waste around the world. It will eliminate the need for dumping in illegal landfills and save the environment from hazardous incineration gases. It presents a sustainable economic model for the problem of rubber waste.
Value Proposition
Levgum’s technology provides economic incentive for rubber recyclers, allowing them to be environmentally sound and economically feasible.
Market Size
Levgum’s vision is that its patent-protected technology will be responsible for 20% of the world’s de-vulcanization market by 2014.
Approach to Market
Levgum sells licenses for the use of its de-vulcanization technology. With this, Levgum also offers a technical solution to build the entire facility, financing program, and product development services.
To date the company has seven licensees around the world: Australia (Black - Orb), Brazil (Cibell), Greece (CYCLOELASTICA), India (TVS Sundaram Industries), Portugal ,Turkey (MSA Kacuk, Plastik, ith.ihr.San.Ve Tic.Ltd.Sti), and the United States (Newrub Tire Recycling, LLC).
The leading tire company in the world has recently recognized Levgum’s de-vulcanized rubber compound (DRC) to be a better material than any other commercially available materials. Levgum has recently signed a joint development agreement with this tire manufacturer aimed at maximizing the amount of its de-vulcanized rubber in its tire compounds.
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