Tyromer
Tyromer is a Canadian cleantech company that uses patented supercritical CO2 twin-screw extrusion to devulcanize end-of-life tires into Tire-Derived Polymer (TDP), selling directly and licensing its production technology to global tire manufacturers and rubber goods producers.
- Company typePrivate
- Founded2009
- HeadquartersWaterloo, Canada
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Tyromer does
Tyromer is a Canadian cleantech company founded in 2009 by the University of Waterloo to commercialize a patented supercritical carbon dioxide assisted twin-screw extrusion process for continuous rubber devulcanization, invented by Professor Costas Tzoganakis. Its core product is Tire-Derived Polymer (TDP), a 100% recycled rubber master batch compound made from end-of-life tires without chemical solvents, devulcanization chemicals, or additives, with a standardized variant (TDP-B) made from truck tire tread. TDP is usable at 15-20% addition levels in new tires, retreads, conveyor belts, and other rubber goods, delivering 8-10% material cost savings versus virgin master batch and over 90% energy conservation versus producing new tire compound. The process converts crumb rubber to TDP in under two minutes at less than 300 kWh per metric ton.
Tyromer serves enterprise customers in the tire manufacturing (Continental Tires, Apollo Tyres), rubber compounding (Airboss Rubber Solutions), and tire distribution (Kal Tire) segments, as well as crumb rubber producers and scrap tire management authorities. Operations span three wholly-owned subsidiaries — Tyromer Waterloo Inc. (Kitchener HQ and pilot facility), Tyromer Windsor Inc. (manufacturing), and Tyromer Europe B.V. (Arnhem, The Netherlands, live since late 2021) — with a jointly-controlled Tyromer India LLP in Chennai planned for 2024. All facilities are ISO 9001:2015 certified, and Tyromer Europe holds a REACH declaration.
The business model is a hybrid of direct TDP sales in North America and Europe, technology and TDP Production System licensing to partners globally, and joint ventures for regional production. Revenue economics therefore combine hardware/compound sales with licensing royalties and JV management fees. The company has been primarily funded by a CAD $3.4M Canadian government ASIP grant (2017) plus prior seed/venture tranches, with no traditional VC scaling round disclosed, and operates with a team of 1-10. Recognitions include the 2018 Gold Edison Award, European Rubber Journal Top 10 Elastomers for Sustainability rankings (2020, 2021), and the TRAC Young Leader Award (2023).
Tyromer firmographics
Firmographics- Name
- Tyromer
- Legal name
- Tyromer Inc.
- Website
- https://tyromer.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Tyromer is a Canadian cleantech company that uses patented supercritical CO2 twin-screw extrusion to devulcanize end-of-life tires into Tire-Derived Polymer (TDP), selling directly and licensing its production technology to global tire manufacturers and rubber goods producers.
- Ownership category
- akta.pro rank
Tyromer industry classification
Industry- Product category
- Recycled Rubber Materials
- NAICS
- Rubber Product Manufacturing (3262), Tire Retreading (326212)
- SIC
- Fabricated Rubber Products, Nec (3060)
- akta.pro primary industry
- Reclaimed Rubber & Devulcanized Rubber Compounding (IMANAJAK)
- akta.pro secondary industries
- Tire Recycling & Processing (Shredding, TDF, Pyrolysis Feedstock) (IMANAMAF), Tire Recycling, Disposal & Sustainability Services (TLAKADAI)
Keywords
Where Tyromer is headquartered
LocationHeadquarters
- HQ city
- Waterloo
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Tyromer business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- TDP (Tire-Derived Polymer) Sales: Tyromer produces and sells Tire-Derived Polymer (TDP), a 100% recycled rubber master batch compound made from end-of-life tires. They supply TDP directly in North America and Europe and through licensed operations elsewhere.
- Technology Licensing: Tyromer licenses its devulcanization technology and TDP Production Systems globally. This is described as the most efficient way to serve the global market and allows focus on core strength of technology, process, and product development.
- Joint Venture Partnerships: Tyromer forms joint ventures with partners for TDP production in different geographic regions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | TDP at 20% addition level |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels9 records
Tyromer product offering
Product offeringCore offering
Tyromer manufactures and sells Tire-Derived Polymer (TDP), a 100% recycled rubber master batch compound produced from end-of-life tires using a patented chemical-free supercritical CO2 assisted twin-screw extrusion devulcanization process. The company operates its own production facilities in Canada and the Netherlands, and also licenses its devulcanization technology and TDP Production Systems globally to partners and joint ventures for tire-to-tire circular-economy applications.
Product overview
Tyromer is a cleantech company established in 2009 by the University of Waterloo that commercializes rubber devulcanization technology. The company's core product portfolio centers on Tire-Derived Polymer (TDP), a 100% recycled rubber master batch compound produced through a patented supercritical carbon dioxide assisted extrusion process that converts end-of-life tire rubber into reusable material for new tire and rubber product manufacturing. The flagship product TDP-B is a standardized variant made from truck tire tread. Tyromer operates its own production facilities (in Kitchener, Windsor, and Arnhem) while also licensing its TDP Production Systems and devulcanization technology globally through an open innovation model.
Differentiator
Problem solved
Functional benefit
Products and services
- Tire-Derived Polymer (TDP)
Quantifiable outcome
- Over 90% energy conservation compared to new tire compound
- +6 more outcomes
Companies that use Tyromer
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Tyromer technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Tyromer partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship, core and minor.
- Apollo TyresflagshipSustainable materials partnership announced at 2022 International Rubber Conference in Bangalore, India. Partnership aims to produce new tyres using sustainable raw materials as the most efficient path to meet circular economy goals.
- Continental TiresflagshipTyromer's recycled rubber material (TDP) produced via environmentally sustainable non-chemical extruder devulcanization of end-of-life tire rubber is now used by Continental Tires. This represents a major tire-to-tire recycling partnership where old tires are turned into new tires.
- Airboss Rubber SolutionscoreUses Tyromer's TDP at the 20% level for tire compound manufacturing. Video demonstrations show TDP being used for retread tire compound production at their facility in Kitchener, Canada.
- University of WaterlooflagshipTyromer was established in 2009 by University of Waterloo to commercialize the rubber devulcanization technology invented by Professor Costas Tzoganakis. The company maintains affiliation with the university for R&D and corporate mission development.
- Kal TireminorListed as a partner on Tyromer's website, representing a tire distribution partner in the ecosystem.
- Azur-NetzwerkminorListed as a partner on Tyromer's website, representing a channel partner in the Tyromer ecosystem.
- North Shore RubberminorListed as a partner on Tyromer's website.
- LeistritzcorePartner for extrusion equipment used in Tyromer's devulcanization technology and process.
- Oost NL (Oost Netherlands Development Company)coreDevelopment company that supported Tyromer Europe facility development in Arnhem, The Netherlands. Shares perspective on Tyromer Europe operations which focuses on tire-to-tire recycling.
- Retread Tire Association (RTA)minorTyromer is a member of the Retread Tire Association dedicated to promoting and defending the environmental and economic benefits of retreading.
- China Rubber Industry Association (CRIA)minorTyromer technology inventor Professor Tzoganakis was invited to present at CRIA's annual meeting. Tyromer hosted a CRIA delegation at their Waterloo facility.
Scale indicators6 records
Recent moves9 records
Expansion highlights6 records
Tyromer competitors and assessment
Company assessmentDirect peers
- Lehigh Technologies: Lehigh Technologies produces micronized rubber powder (MRP) from end-of-life tires for use in tire manufacturing and rubber products. It is the closest direct peer to Tyromer, competing head-to-head in supplying tire-grade recycled rubber compounds to major OEMs.
- Scandinavian Enviro Systems: Scandinavian Enviro Systems operates tire pyrolysis plants that recover carbon black, oil, and steel from end-of-life tires. It is a direct peer in the tire circular economy space, pursuing an alternative recycling pathway to Tyromer's devulcanization for monetizing scrap tires.
- Delta-Energy Group: Delta-Energy produces tire-derived carbon black and rubber compounds from scrap tires. It is a direct peer offering alternative tire-derived materials into rubber and plastics formulations, overlapping with Tyromer's TDP in target end markets.
- Kargro: Kargro is a Netherlands-based tire recycling company that produces reclaimed rubber and crumb rubber products. It is a direct peer serving the European market with overlapping rubber-recycling technology, anchored in the same region as Tyromer Europe B.V.
- Rubber Reclaim Group: Rubber Reclaim Group (Rubreco) is a European producer of reclaimed rubber from end-of-life tires and industrial rubber waste. It is a direct peer to Tyromer, offering alternative reclaimed-rubber compounds into tire and rubber-goods manufacturing.
- Airboss Rubber Solutions: Airboss Rubber Solutions is a custom rubber compounder and disclosed Tyromer customer that uses TDP at the 20% level for tire compound manufacturing. It is a direct peer in custom rubber compounding with proven integration of TDP into commercial tire formulations.
Broad incumbents
- Liberty Tire Recycling: Liberty Tire Recycling is the largest North American tire recycler, processing scrap tires into crumb rubber, mulch, and engineered products. It is a broad incumbent in the tire recycling value chain that competes with Tyromer for scrap-tire feedstock and downstream rubber-goods customers.
- Genan: Genan is one of Europe's largest tire recyclers, producing crumb rubber and rubber powder from end-of-life tires. It is a broad incumbent competing with Tyromer's European facility in Arnhem for European scrap-tire supply and recycled-rubber customers.
- Continental Tires: Continental is a global tire manufacturer and a publicly disclosed Tyromer customer for sustainable TDP-based compounds. It is a broad incumbent representing both a commercial partner and a potential integrator of devulcanization technology, which could enable vertical integration of recycling capacity.
Emerging players
- Scandinavian Tyre Retread (Ring Ring / Marinon): Marinon and similar independent retreaders use devulcanized or reclaimed rubber compounds in retread formulations. They are emerging players intersecting with Tyromer's retreading customer use case, validating the 10,000+ OTR retread applications of TDP.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Tyromer social profiles
Digital presenceTyromer compliance and trust
Trust signalCompliance2 records
Tyromer financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tyromer leadership team
Management profileNumber of profiles
Profiles12 records
Tyromer subsidiaries and ownership
Company hierarchySubsidiaries4 records
Tyromer funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tyromer M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tyromer
What does Tyromer do?
Tyromer manufactures and sells Tire-Derived Polymer (TDP), a 100% recycled rubber master batch compound produced from end-of-life tires using a patented chemical-free supercritical CO2 assisted twin-screw extrusion devulcanization process. The company operates its own production facilities in Canada and the Netherlands, and also licenses its devulcanization technology and TDP Production Systems globally to partners and joint ventures for tire-to-tire circular-economy applications.
Is Tyromer a public or private company?
Tyromer is a private company. It is classified as venture growth investor backed and is currently operating.
When was Tyromer founded?
Tyromer was founded in 2009. It employs 1 to 10 people.
Where is Tyromer based?
Tyromer is headquartered in Waterloo, Canada, in the North America region.
How does Tyromer make money?
Three revenue lines are on record. TDP (Tire-Derived Polymer) Sales are the primary driver. The others are technology Licensing and joint Venture Partnerships.
Who are Tyromer's main competitors?
Direct peers on record are Lehigh Technologies, Scandinavian Enviro Systems, Delta-Energy Group, Kargro, Rubber Reclaim Group and Airboss Rubber Solutions. Broad incumbents are Liberty Tire Recycling, Genan and Continental Tires. Scandinavian Tyre Retread (Ring Ring / Marinon) is listed as an emerging player.
Does Tyromer have an API?
No public API is recorded for Tyromer.
What industry is Tyromer in?
Tyromer's product category is Recycled Rubber Materials. Its primary akta.pro industry code is IMANAJAK, Reclaimed Rubber & Devulcanized Rubber Compounding, with a secondary code of IMANAMAF, Tire Recycling & Processing (Shredding, TDF, Pyrolysis Feedstock). Its NAICS code is 3262 and its SIC code is 3060.