As a result, not only do we cleanly and economically recycle environmentally hazardous rubber tires and waste oil while saving precious natural resources, we also realize high profit margins. The West Virginia plant will showcase our advanced technology and be a model for how the recycling industry can play an important role in contributing to the community. Waste oil is converted to diesel fuel, gasoline, kerosene or oil extender. The plant will create more than 200 jobs in the rural Lincoln County community, and eventually provide free electricity to the local school district. The project also involves the development of an adjoining 75 acre industrial park designed to encourage new industries to move into the county by offering lower cost electricity.
Construction is scheduled to begin by the end of the year.
The county is also investigating the availability of additional state funds for recycling and environmental clean up projects. Titan Technologies is engaged in recycling and remediation research. Its internationally patented process restores hydrocarbon products to their original states using low heat to convert discarded tires to oil, steel, and carbon black. Waste oil becomes diesel fuel, gasoline, kerosene, or extender oil. Titan plans to introduce another cutting edge process for recycling plastics.