Pyrolyx buys tire recycler to expand US operations

Munich, Germany — Recovered carbon black supplier Pyrolyx AG has made a series of moves to shore up its still nascent US operations ahead of moving its headquarters to facilities under construction in Terre Haute, Indiana.

In a recent business update, Pyrolyx said it had secured additional debt funding and agreed to buy the assets of tire recycling business J&R Used Tire Service Inc for $4.5 million (€3.9 million).

J&R is setting up a tire-shredding facility in Newport, Indiana, primarily to supply feedstock to Pyrolyx’s first commercial…

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