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GET A PIECE OF SMART TIRE RECYCLING
Innovation to Heal Our Planet
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$513,267.53 Raised
TEAM
Mendel Bassman • CEO and Board Member
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Lacramioara Schulte auf'm Erley • CTO and Board Member
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Efim Monosov • Advisory Board Member
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Reasons to Invest
- Our proprietary, patented process produces recycled carbon black, oils, steel and gas from end of life tires, healing the environment by cutting CO2 emissions from major pollution sources.
- Our key product is recovered Carbon Black (rCB). The CB market size is expected to grow to $26 billion by 2025, yet supply shortages are expected.
- Funding in this industry has grown in the past 18 months, and we have already been contacted by several US and global companies excited about our technology.
The Problem
Current Tire Manufacturing Harms the Environment
A staggering 1 billion tires are discarded into landfills annually. ( Source) Currently, only 15% of tires are recycled, mostly into shredded rubber with limited use. ( Source)
* Source
**All images are of products currently under development that are not yet available on the market.
Meanwhile, most new tires are made with the key material of newly-mined carbon black. Despite the explosive demand for green products, the manufacturing process for virgin carbon black emits some of the most harmful, toxic greenhouse gases on the planet.
*All images are of products currently under development that are not yet available on the market.
THE Market
A Ubiquitous Product with Growing Demand
Tires are a massive part of everyday life, and the global Carbon Black market is approximately $20 Billion with a CAGR of 6.0%.
The marketplace is wide open in terms of demand for rCB, with one analyst positing that of the 70 Million tons of rCB needed by the US tire industry today, less than 7% is actually being produced and sold.
Until now, pyrolysis, the leading method of recycling tires to produce rCB since 2005, has failed to produce truly sustainable results. Our technology changes that.
*All images are of products currently under development that are not yet available on the market.
THE solution
Cutting Emissions by Recycling Tires
Smart Tire Recycling uses a truly green, zero emissions process to generate recovered carbon black (rCB) along with other by-products such as oil and steel, while ensuring it is chemically on par with newly-mined carbon black.
*This video includes computer generated demo-versions of how our products process works. The product is currently under development.
We developed an advanced, patented technique to correct the faults of previous pyrolysis attempts, allowing for faster continuous production and a higher caliber yield of rCB.
*All images are of products currently under development that are not yet available on the market.
Once commercialized, we plan to make money in two ways:
- ‘Tipping fees’ paid for receiving and processing the overwhelming stockpile of tires in landfills.
- Sale of components produced by our process including rCB, oil, and steel. The first two are sold for a premium due to their ‘green’ status.
We have proven the viability of our production process at lab scale and we are currently in the process of developing our first demonstration plant in order to scale to full commercial capabilities.
why invest
Building a Circular Economy with Leading Technology
In 5 years, we hope to be the number 1 producer of rCB in North America with production plants located strategically throughout the United States.
*All images are of products currently under development that are not yet available on the market.
We believe we are on the cusp of being the leading provider of quality rCB to a $20 billion industry that is desperate for our product. We don’t cut corners, we don’t skip steps, and we deliver what the market wants.
With your help we can start emptying landfills and filling orders from some of the world's largest tire manufacturers while making an appreciable, positive change in the environment.
*All images are of products currently under development that are not yet available on the market.
Smart Tire Recycling 17b Disclosure
ABOUT
HEADQUARTERS
2315 Eldridge Street
Pittsburgh, PA 15217
WEBSITE
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TERMS
Overview
PRICE PER SHARE
DEADLINE
Jun. 12, 2025 at 1:57 AM UTC
VALUATION
Breakdown
MIN INVESTMENT
MAX INVESTMENT
OFFERING TYPE
Maximum Number of Shares Offered subject to adjustment for bonus shares
ALL UPDATES
06.29.22
Less then 12 hours left to invest!
Join our team here to help us make a major impact in the world!
https://www.startengine.com/smarttire
Cheers,
Mendel
06.28.22
We've reached 500K in investments on StartEngine!
Thank you to all our investors!
The campaign closes tomorrow. Now is the last chance.
06.28.22
1 DAY LEFT TO INVEST!
B"H
Dear Investors and Potential Investors,
There is one day left to invest on this platform. Take advantage today!
https://www.startengine.com/smarttire
Looking forward,
Mendel
06.23.22
A Message from our CEO
Smart Tire Recycling is wrapping up our seed fundraising on Start Engine.
I remember the first $5,000 raised from the first angel when we first started out. This was to buy our first pump for our first machine. Since then with a lot of help from G-d, family, and friends we are still climbing the hill.
$1.4MM later, I am excited to announce that we are emerging from R&D to a point where we are focused on the scale of our technology!
This is happening right as our first patent was just issued - the "journey" that started in 2017.
There is less than a week left to make an investment with us through StartEngine for as little as $249.
Join us now: startengine.com/smarttire
06.15.22
Volkswagen Recommits to Sustainability
Volkswagen isn’t just speaking about implementing a more sustainable manufacturing process, the company is working to implement contractual requirements for natural rubber sourcing from its suppliers.
“In its 2021 responsible raw materials report, the German carmaker said it had established a project on innovative tracing technologies and their usability in the natural rubber value chain in partnership with the Volkswagen Group Research.”
The VW group is also exploring secondary and renewable materials, including natural rubber substitutes.
As part of this sustainability initiative, the German group joined the Global Platform for Sustainable Natural Rubber (GPSNR) and supported the development of reporting requirements for companies in rubber supply chains.
“Our focus in 2021 was on increasing transparency in the natural rubber sector and addressing the lack of credible, industry-wide sustainability standards.
“As GPSNR members, we are contributing to the development of reporting requirements to be implemented during 2022 for rubber suppliers," it added.
The group is also contributing to GPSNR's 'shared responsibility framework' whose goal is to create industry-wide standards. (Source) Volkswagen is just one example of a car/tire company working towards implementing more sustainable manufacturing practices.
At Smart Tire Recycling, we are at the forefront of providing these alternative materials to natural resources to create a more circular economy and increased sustainability. We are accepting investments through StartEngine for 2 more weeks. Now is the time to partner with us.
Invest here.
06.08.22
The Difference Between Smart Tire Recycling and Everyone Else, Part 2
In conventional methods of pyrolysis, the production of quality products, such as carbon black and oil from scrap tires, and the separation and isolation of these products require catalysts and are energy intensive. This makes them economically unfavorable. Supercritical Fluid technology is able to efficiently break down the rubber material into lower molecular weight organics which can then be used in different industries.
Another advantage of using Supercritical Fluid technology is that we can tune and control the solvent polarity through the adjustment of temperature and pressure. This enables us to produce the oil with the specific quality of high or low aromatic compounds as we wish.
Smart Tire Recycling is leading the way in providing a sustainable solution to many industries, including Tire Manufacturing and Oil and Gas industries.
Some ways in which the oil that’s produced from recycling scrap tires is used in the Oil and Gas industry is to:
- Mitigate flow assurance issues such as paraffin and asphaltene deposition
- Reduce viscosity of heavy crude oil
- Clean up tank bottoms
- Reduce pigging frequency
- Assist in well cleanup
Additionally, our products help our customers in other ways as well:
- Our customers can meet their sustainability goals because our products are a reclaimed from a waste material
- There are more than 1B end-of-life tires to provide an unlimited supply of raw material
- Our product is cost effective with stable pricing. Our production is not subjected to the fluctuations of oil market prices
Smart Tire Recycling is changing the landscape of tire recycling. There are only a few more weeks to be a part of this endeavor. Invest now at startengine.com/smarttire
06.01.22
1000th Investor
Smart Tire Recycling has recently had its thousandth investor invest in the company. While the StartEngine campaign has over 400 committed investors, we are gratified to share that since the start of our company and fundraising, there have been 1000 people that believe in our work and want to have a part in what we are doing for the future of tire recycling. There are still a few more weeks for private investors to join us, but that won’t last long. If you want a part of this revolutionary green tech company, invest now. startengine.com/smarttire
05.26.22
New Patent issued!
Smart Tire Recycling is happy to announce that it has received another patent allowance from the United States Patent and Trademark Office.
It is gratifying to see the work of Dr. Abdulhaq Alkhalidi continue years after his passing. What started as a simple idea between a Jewish Rabbi and a Muslim scientist has developed into something that can change the face of tire recycling. The Smart Tire Recycling team has grown so much since the days of Bassman and Alkhalidi tinkering in the garage, and this patent approval is just one sign that shows how far the company has come.
We are excited about this patent approval and are excited to continue growing our patent portfolio.
Our StartEngine fundraising campaign will be closing at the end of June, so make sure to invest NOW at startengine.com/smarttire
05.24.22
Campaign Closing
Smart Tire Recycling is pleased to announce that our crowdfunding campaign on StartEngine will be closing at the end of June. Now is the time to invest in a revolutionary company that is changing the face of tire recycling in a massive way. You only have a few more weeks to invest, and it is not time to delay. If you are even thinking about investing with us, NOW is the time to pull the trigger and have a share in the future of the tire industry. Invest now at startengine.com/smarttire
05.20.22
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Smart Tire Recycling has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Smart Tire Recycling be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
REWARDS
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PINNED BY STARTUP
Wardell Carter
4 years ago
What is the valuation and share price from the last funding round on WeFunder?
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Thomas Mueller
2 months ago
Any update??? It's frustrating that some companies don't seem to keep investors in the loop.
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Thomas Mueller
4 months ago
Any update on how the company is doing?
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dewain channell
7 months ago
It would be nice if this company communicated to the past investors, what are they up to? Open? Closed Up? Any attempt in the past to reach them resulted in no response.
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EDWARD RAMSEY
9 months ago
What is the status of the company?
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Brian Hogan
a year ago
Any updates???
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Vikki Ellison
2 years ago
Is there a company update you can share?
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Bradley Stanfield
2 years ago
Is there a date for going on the stock exchange? Which one will it be on? I had a post on here 8 months ago with no answer.
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Bradley Stanfield
3 years ago
When do you expect to go public on the stock exchange?
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For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
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Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
PINNED BY STARTUP
Michael Nadler
4 years ago
what does the patent protect and what is unique about the company?
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