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Gold/Mining/Energy : FASC (First American Scientific Corp)
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To: Jim K. who wrote (693)3/4/1999 4:23:00 PM
From: John R Resseger  Read Replies (2) of 972
 
Jim

Scrap rubber from discarded tires present a unique problem for world waste management regulatory bodies. They offer ideal breeding locations for insects and are a dangerous fire hazard when stockpiled. In North America alone, over 250 million tires are discarded annually. Tipping fees levied by regional governments do nothing to ensure the safe disposal of the tires, and, on the contrary, create a new problem in illegal dumping.

Available technologies subject the tires to mechanicall shredding and grinding, resulting in at best crumb rubber, suitable only as road surface filler and other limited "value-added" applications. Cryogenic preprocessing methods in use presently tend to be expensive and still result in no greater than -200 mesh. FASC's communication with large tire manufacturing companies has indicated that a consistent production grade of -240 mesh is most desirable for incorporation into new tire products and high performance emulsions. Current price levels for this grade of rubber average US$.50 per pound. With crumb rubber readily available at approximately US$.10 per pound delivered, each machine, with a projected processing rate of 2 tons per hour, will be capable of generating revenues of US$1,600 per hour before operating, packaging and preprocessing costs.

First American is still in the developmental stage of this product, and a functioning prototype is expected sometime next year.

I wonder how the two compare?

John
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