GDT ramps up tyre recycling in NSW central west.

MEDIA RELEASE – Green Distillation Technologies – Announcement
02/07/2024

Green Distillation Technologies (GDT) will soon be recycling 160 tonnes (5,000 mixed tyres up to super single size) of end-of-life (EOL) tyres at its Warren facility every week, thanks to new backing that will boost its production capacity.

Two new production units will be built in coming months, adding to GDT’s original module, which has validated GDT’s proprietary recycling process.

The new modules will guarantee capacity to receive regular EOL tyre deliveries from suppliers, such as transport operators. It will also shore up production of off-take products for GDT’s steel, oil and carbon customers.

GDT Chairman John Fletcher said the plant would soon be running 24/7 to provide a viable, sustainable solution to Australia’s end-of-life tyre crisis.

“The engineering team and shareholders are excited that years of testing and pilot production has enabled a sustainable reality that will soon see piles of tyres disappearing,” he said.

“With three modules operating, we will create critical production volumes to sustain end-of-life tyre intake for those looking for certainty.

Mr. Fletcher said recent capital injection would also support a further 3 modules at the Warren plant and underpin construction of a second plant.”

GDT has already received development approval for a tyre recycling facility at Toowoomba in Queensland.

GDT will announce in coming months schedules for new tyre disposal deliveries to Warren at https://www.gdtc6.com.

Ends

For more information contact:

Trevor Bayley

0408 324 620

Trevor@gdtc6.com

Background

Green Distillation Technologies Corporation Limited is a public unlisted company. GDT began processing EOL tyres at its Warren plant, near Dubbo, western NSW. The site was chosen for its proximity to the Oxley Highway, the main freight route between Brisbane and Melbourne.

The plant currently occupies about two hectares of the 21-hectare site, leaving space for expansion of existing operations and other synergistic projects.

More information – www.gdtc6.com