RTI Cryogenics Inc.

Tires to Polymers. Invest $12 M of convertible debt. Sales 55+ M. Profits 7.5+ M. Low risk due to global Off Take Agreement. Sell in 3 years for $60 M.

  • Stage Full Product Ready
  • Industry Industrial/Energy
  • Location Cambridge, ON, Canada
  • Currency CAD
  • Founded 2003
  • Employees 5
  • Website rticryocanada.com

Company Summary

RTI's XyCom Blending technology produces the only 100% recycled thermoplastic elastomer (TPE) pellet in the world using recycled tire crumb rubber blended with recycled post-industrial plastic. The global Off Take Agreement with Vinmar Projects Ltd. (Houston, TX) is a take or pay to purchase all pellets produced by the plant for 10 years backed by their LC.

Annual pellet sales of $60+ M, with profits of $8+ M. Exit strategy - sell in 3 years

Team

  • Gary Hedges
    CEO & President

    Have strategically positioned RTI Cryogenics to be a global leader in providing turnkey tire recycling related technologies with a huge positive environmental impact.

    Making "Tires to Polymers" a reality globally.

    RTI was awarded Deloitte's Green 15 award in 2010 & 2011.. RTI achieved Deloitte's Fast 50 & Fast 500 awards in 2011.

    Extensive international industry background.

    See Linked In profile for more details.

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