In 2025, Lummus and InnoVent first established their partnership with Lummus serving as the exclusive global licensor of InnoVent’s tire pyrolysis technology. Lummus also leverages its extensive licensing network, advanced process technologies and engineering expertise to globally scale the technology. InnoVent currently operates a commercial facility in Monterrey, Mexico capable of processing up to one million passenger tires annually. Lummus’ investment will help increase production capacity at the facility and enhance the technology’s commercial viability.
Houston, TX – Lummus Technology announced a strategic investment in InnoVent Renewables to accelerate deployment of its proprietary tire recycling technology.
“Investing in InnoVent reinforces our commitment to advancing sustainable, circular technol… [1490 chars]
Source: RubberWorld | Published: 2026-01-23T09:54:00Z
Credit: RubberWorld
