BDI, Prismore Capital, JR New Horizons jointly acquire Grupo BB&G’s advanced tire-pyrolysis technology

BDI-BioEnergy International GmbH announced May 21 that it, Prismore Capital and JR New Horizons have jointly acquired Grupo BB&G’s advanced tire-pyrolysis technology.

Prismore Capital, BDI-BioEnergy International and JR New Horizons—the investment arm of the Rieckermann Group—have jointly acquired Grupo BB&G’s advanced tire-pyrolysis technology through BB&G Recycling, a newly formed subsidiary.

This strategic investment includes patents, know-how, a demo plant in Portugal, and a collaboration agreement with industry leaders Bridgestone EMEA and Versalis (Eni).

This deal was finalized after BDI-BioEnergy International, co-acquired by Rieckermann in early 2024, was approached by Prismore Capital to be a potential technology and investment partner.

BDI is a renowned supplier and innovator of green-tech solutions.

The innovative tire-pyrolysis technology converts end-of-life tires into valuable products through a proprietary pyrolysis process.

This process produces tire pyrolysis oil (TPO) and recovered carbon black (RCB), both of which can be utilized to manufacture new tires or alternative rubber-based products such as seals and compound-based plastic products.

The joint venture through BB&G Recycling further strengthens the continued development of the BB&G brand through:

• Technology development—continued process optimization and technology roll out will lead to enhanced technology availability and high-quality product offerings in the market.

• Operationalization—the development of own industrial plants further supports reducing the environmental impact of tire disposal and promotes a circular economy. This reduces waste and the need for fossil-based raw materials, contributing to environmental sustainability.

• Internationalization—the marketing and sales of the process technology to international markets helps to address and solve critical environmental issues globally.

“This strategic investment marks a significant milestone in our efforts to strengthen and scale our circular economy vertical,” said Miguel Gil Mata, the CEO of Prismore Capital. “We are excited to collaborate with BDI and Rieckermann to bring this cutting-edge technology to market.”

David Niederl and Manfred Baumgartner, the managing directors of BDI, added, “BDI is proud to be the technology partner in this joint venture. The innovative tire-pyrolysis technology not only addresses a critical environmental issue but also promotes a circular economy by converting end-of-life tires into valuable products. This strategic investment also allows us to diversify and strengthen our position in pyrolysis technologies, thereby fostering innovation and technological advancements within the industry.”

Flynn Seidel, the chairman of Rieckermann, said, “With the tire-pyrolysis technology, our customers in Asia can look forward to the development of new and improved products and high-quality, sustainable options. Leveraging on the Rieckermann Group’s extensive operating network in Asia and the Middle East and North Africa, we can effectively market the technology licenses and solidify BB&G’s position and ours as the first choice industrial-solution provider.”

The companies said this collaboration underscores their commitment to driving sustainable innovation and addressing critical environmental challenges.

By combining their expertise and resources, the joint venture is poised to make a significant impact on the tire-recycling industry, promoting a circular economy and delivering high-quality, sustainable solutions to the market.