Environmental Waste International Inc., an Ontario-based designer and manufacturer of a tire recycling system that uses patented reverse polymerization technology (microwaves) to recycle used tires, announced recently that a non-binding letter of intent (LOI) has been entered into with A.C. Simmonds and Sons Inc., regarding the proposed acquisition of all of the issued and outstanding common shares of EWS by ACS, in exchange for common stock of ACS .
Environmental Waste International
|Address||405 Fairall Street, Ajax, ON, L1S 1R8, CA|
|Fax||905 428 8730|
Based out of Ajax, Ontario, Environmental Waste International Inc. is set to introduce a revolutionary recycling technology to the world. EWS’ system provides an efficient and environmentally-friendly alternative to the traditional methods we use to recycle tires.
An advanced technology at a plant under construction in Sault Ste. Marie will extract oil from used tires, along with other valuable by-products, when it becomes operational early next year. The showcase facility will be using a proprietary technology developed by Environmental Waste International Inc. Its patented microwave delivery system breaks down the tires at the molecular level, reducing them to their simplest forms – oil, carbon black, steel and hydrocarbon gases.