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Driving New Scrap Tire Markets through Innovation

October 25, 2017

7th Scrap to Profit Conference to Explore Current Trends, Future Opportunities

Innovation to drive new and improved scrap tire markets is the key theme for the 7th Scrap to Profit Conference. This year’s event, held in Nashville, Tenn., features the latest trends and innovations in the use of end of life tires, and is hosted by the U.S. Tire Manufacturers Association (USTMA) and the Scrap Tire Research and Education Foundation (STREF).

“We work in partnership with legislators, regulators, recyclers and inventors to help find ways to put old, discarded tires to new uses,” said Anne Forristall Luke, USTMA president and CEO. “Our industry works hard to continually evaluate materials and processes to make tires as sustainable as possible. And, we strive to increase knowledge and understanding of what it takes to reuse and recycle the products our members create.”

“Attendees will hear about developments in rubber modified asphalt from state officials and from key market innovators,” said John Sheerin, USTMA Director, End of Life Tire Programs. “Presentations also will feature potential market expansion in tire derived fuel, latest advances in pyrolysis, molded and extruded products innovations and civil engineering applications.”

Efforts to improve scrap tire reuse and recycling have been very successful since 1990. Nearly 90% of annually generated scrap tires are consumed in an end use market. Over the same period, stockpiles of scrap tires declined by 93% from 1 billion tires in 1990 to fewer than 70 million in 2015.

“We look forward to working with all stakeholders to expand markets and opportunity for the end-of-life tire industry and ultimately reaching 100% beneficial use of all end of life tires,” Luke said. “The commitment, hard work and willingness to share experiences will help us all improve upon a fantastic recycling success story.”

About USTMA

The U.S. Tire Manufacturers Association is the national trade association for tire manufacturers that produce tires in the U.S. Our 12 member companies operate 57 tire-related manufacturing facilities in 17 states. U.S. tire manufacturing has an annual economic footprint of $170.6 billion and is responsible for more than 291,000 U.S. jobs in manufacturing, distribution and retailing. The industry supports more than 510,000 additional U.S. jobs in supplier and induced activities, totaling more than 801,000 jobs nationwide. USTMA advances a sustainable tire manufacturing industry through thought leadership and a commitment to science based public policy advocacy. Our member company tires make mobility possible. USTMA members are committed to continuous improvement of the performance of our products, worker and consumer safety and environmental stewardship. For more information, visit www.USTires.org and follow us on Twitter @USTires.