Bolder secures major investment from Tiger

Bolder Industries, a leading US producer of recovered carbon black and tire pyrolysis oil, has announced a new investment from private equity firm Tiger Infrastructure Partners. The amount of the investment was not disclosed, but Bolder said it would "enable the buildout of new facilities." Bolder's growth plants include new plants in the United States and Europe. Tony Wibbeler, CEO of Bolder, said in a statement, "We are thrilled to partner with Tiger Infrastructure in our next phase of growth."

Bolder currently operates a tire pyrolysis plant in Maryville, Missouri, which has capacity for 6 KT for recovered carbon black and 8 KT of tire pyrolysis oil. Expansion plans include two new plants: Terre Haute, Indiana and Antwerp, Belgium. The Terre Haute site was purchased from Pyrolyx USA in December 2021 and is being retrofitted with Bolder technology, while the Antwerp site is a new facility located in the NextGen District of the Port of Antwerp. Each site will be capable of recycling 4 million end-of-life tires annually, according to Bolder.