Holcim subsidiary Geocycle has acquired CM Rubber Technologies Inc. of Coleman, Mich., as part of its ongoing commitment to create a zero-waste future and accelerate green growth.
The acquisition will allow Geocycle to provide a sustainable waste management solution to northern Michigan through co-processing used tires to recover energy and divert waste from landfills. Additionally, it will deliver a stable source of lower emissions fuels for the Holcim Alpena (Mich.) cement plant, which recently broke ground on a 22,000-tpy, whole-tire, co-processing line.
The Alpena plant will begin to co-process tires from the Geocycle Coleman facility, reducing CO2 emissions and delivering a low-carbon, circular economy model for the region.
“Geocycle works relentlessly to drive for a zero-waste future, and the acquisition of CM Rubber Technologies, Inc., to the Geocycle US team only strengthens this commitment,” said Sophie Wu, head of Geocycle North America. “We welcome CM Rubber Technologies employees who are critical to helping us offer a sustainable solution to the local tire recycling industry.”Founded in 2003, CM Rubber Technologies is the largest tire recycler in northern Michigan. The company employs 13 people, who will transition to Geocycle along with 21 acres of land, industrial buildings, processing/ mobile equipment, and a fleet of trucks and trailers.
