01 / Tire Recycling Value
Turning Every Waste Tire
Back Into the Value Chain
Water Healer's continuous pyrolysis — multi-stage process control, precise temperature regulation and a self-sustaining reaction — converts waste tires (end-of-life tires, ELTs) into recovered carbon black, pyrolysis oil, fuel gas and steel wire: full-component resource recovery, with every output stream returned to industrial use.
Waste Tire Arisings · China
16.4M tonnes
Waste tires generated in 2024; about 50% was collected, leaving significant recovery potential
Global Recovery Market
≈RMB 70billion
2025 global waste tire recovery market; pyrolysis capacity growing 18.6% year on year
Fully Continuous Process
>60%
Share of new pyrolysis installations; continuous systems are now the mainstream route
Pyrolysis Oil
Fuel or chemical feedstock
≈41%
rCB
Substitute for virgin carbon black
≈33%
Steel Wire
Recovered as steel scrap
≈17%
Pyrolysis Gas
Reused for process heat
≈9%
Measured at granule feed:
rCB 38.62% | Pyrolysis Oil 52.40% | Gas 6.83%
02 / Carbon Black Value
From End-of-Life Tires,
Back Into New Tires
Pyrolysis char is upgraded into recovered carbon black (rCB), which can substitute for virgin carbon black in tires and rubber products. In 2023, less than 1% of tire-grade carbon black was sourced from end-of-life tires — that supply gap is the market opportunity.
Performance vs. Chinese Standard HG/T 5459-2018
Standard limits (HG/T 5459-2018, Waste Tire Pyrolysis Carbon Black): iodine adsorption number ≥90±10 g/kg; OAN ≥60±9 mL/100 g; CTAB ≥45±8 m²/g; toluene transmittance ≥80%; oil content of comparable products >2%.
Quality Grade
N330 / N660
Meets Chinese rubber-grade N660 / N330 specifications and is benchmarked against publicly available requirements from leading tire makers; complies with applicable EU PAH limits for rubber articles
Emission Reduction
Up to 85%
Using rCB in new tires cuts CO₂ emissions from carbon black production by up to 85% (Bridgestone–Michelin rCB joint white paper)
Market Space
18M tonnes
Global carbon black consumption in 2025; tires account for about 62% (≈11.2 million tonnes)
2.3M tonnes
Demand for green carbon black substitution from the top six tire makers alone by 2030
2030 · 40% | 2050 · 100%
Public sustainable-material targets of Michelin, Bridgestone, Continental and other leading tire makers
Business Model Innovation · Char Upgrading
Low-grade char from batch and informal pyrolysis operations is upgraded in an oxygen-free process, converting close to 100% into recovered carbon black.
Before · as fuel
RMB 850–1,200 /t
→
After · reinforcing filler
RMB 3,000–3,500 /t
03 / Pyrolysis Oil Value
Pyrolysis Oil: An Urban Oil Field
Yield Above 50%
Oil yield reaches 52.4%, against a 40–46% industry mainstream — an extra 60–120 kg of oil per tonne of feedstock. Each tonne can be directed to two applications: fuel for stable demand, or chemical feedstock for higher-value use.
Measured Total Yield
52.4%
Oil-1 48.08% + Oil-2 4.32%
Industry Mainstream
40–46%
A 6–12 percentage-point advantage over the industry mainstream
Extra Yield per Tonne
+60–120kg
Additional oil output per tonne of feedstock, realizable at prevailing market prices
Closed-Loop Use
Self-supplied
Heavy fractions feed our own furnace black line, hedging exposure to oil prices
FRACTIONATION
Light fractionHighest-value use
Styrene, limonene and BTX extraction: the highest unit value, feeding chemical feedstock streams
Middle fractionStable revenue
Substitutes for heavy fuel oil in industrial boilers; also usable as a low-sulfur marine blendstock
Heavy fractionClosed loop
Substitutes carbon black feedstock oil (CBFS) for our own furnace black line, with surplus sold to third parties
Sales Outlets and Premium over Fuel Grade
Premium ranges are indicative; actual prices depend on market conditions and long-term contracts.
04 / Pyrolysis Gas Value
Non-Condensable Gas Reuse:
The Logic of Energy Self-Sufficiency
Non-condensable gas from pyrolysis is recovered and used for process heat, making the plant energy self-sufficient in normal operation. This lowers operating cost and makes the resulting carbon reductions a net gain.
Output Share
≈9%
Full-stream basis; 6.83% measured at granule feed
Our Energy Consumption
<75kWh/t
Per-tonne pyrolysis energy with flue-gas recirculation
Industry Benchmark
>100kWh/t
Industry average without heat-transfer optimization or gas recirculation
Energy Closed Loop
Pyrolysis gas
Non-condensable fuel gas
→
Combustion & heat
Flue-gas recycling
→
Self-sustained plant
No purchased fuel
Unit energy reduction
>25%
Value 1 · Lower Cost
Self-supplied energy removes most purchased fuel; savings grow with capacity.
Value 2 · Stable Operation
Staged grading, precise temperature control and a self-sustained reaction enable continuous runs of 60+ days.
Value 3 · Net Reduction
Plant emissions are accounted for first, so the remaining reductions are net and claimable.
05 / Carbon Reduction Value
Turning Carbon From a Cost Line
Into a Revenue Line
As carbon constraints tighten, the choice of treatment route determines the carbon bill. Per tonne of waste tires, pyrolysis delivers the largest emission reduction of any treatment route — reportable in ESG disclosure and developable into carbon credit assets.
CO₂ Reduction per Tonne of Waste Tires, by Treatment Route (tCO₂e/t)
Full-scope (substitution method, all four outputs)
≈2.4–2.5 tCO₂e
Project-Level Reductions · 100,000 t/a Capacity
Conservative · 1.1 tCO₂e/t
110KtCO₂e/yr
Full-scope · 2.4 tCO₂e/t
240KtCO₂e/yr
At a carbon price corridor of RMB 1,700–4,300/tCO₂, the carbon-asset value is about
RMB 190M–1.03bn/yr
STEP 01
Energy Self-Sufficiency
Pyrolysis gas supplies process heat first, cutting O&M cost
STEP 02
Carbon Allowance Management
Reduction services developed with carbon-market partners
STEP 03
Carbon Credit Development
Methodology registration, credit issuance and trading
STEP 04
Certified Green Premium
rCB and reclaimed rubber products may command a green premium
Notes: (1) Full-component shares are indicative mass-balance ranges (steel wire 15–20%, pyrolysis oil 39–42%, char 32–34%, gas 8–10%); measured data from on-site weighbridge tests (10,400 kg feed, 97.85% accounted, 2.15% loss and measurement error). (2) Per-tonne reductions follow the ISO 14040/14044 substitution method with literature-based substitution factors; full-scope ≈2.4–2.5 tCO₂e/t and 1.1 tCO₂e/t is the conservative figure currently cited. Figures are internal estimates pending third-party verification (ISO 14064 / GHG Protocol) before external use. (3) Premium and carbon-asset ranges are order-of-magnitude estimates for commercial positioning, not revenue commitments; actual values depend on market prices, long-term contracts and carbon market rules. (4) Route ranking and per-tonne route figures: research report "Circular Economy in Support of Carbon Peaking"; rCB emission figure: Bridgestone–Michelin rCB joint white paper. Other industry sources: CPCI, Huaxi Securities Research, JATMA / Japan Tire Recycling Center, EU BlackCycle project, BASF public LCA.
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Adress：5th Floor, Building 18, No. 397 Cangxing Street, Cangqian Street, Yuhang District, Hangzhou City, Zhejiang Province
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