Maximize the utilization of scrap tires in the greater akron region and the united states through the recovery and RE-use of functional polymers from discarded scrap tire waste products

Active Project Grant Awarded Last action

Award ID
ED25HDQ0G0030
Recipient
Awarding agency
Obligated
$5,687,500

Award facts

Assistance listing
11.039 Regional Technology and Innovation Hubs
Completion date 63% complete
Funding
  • $4,702,500.00 Federal
  • $985,000.00 Non-federal
Place of performance
Barberton, OH 44203, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

Purpose
The purpose of this grant is to maximize the utilization of scrap tires in the greater akron region and the united states through the recovery and RE-use of functional polymers from discarded scrap tire waste products. By the third year of this program, full circle will have developed ecorphalt for future commercialization and utilization in road paving.
Activities
Procure and assemble equipment. - develop management systems and best practices to produce ecorphalt reliably and consistently. - engineer and optimize functional polymer and devulcanization process for ecorphalt per local conditions. - collaborate with ohio state department of transportation, county and city road works departments, asphalt terminals, and contractors to develop - - ecorphalt mix designs. - use ecorphalt at between 7% and 10% levels in asphalt blends. - begin direct hiring for twelve newly created jobs.
Expected outcomes
Boost job creation in the akron region by initiating direct hiring in the first quarter of the grant lifecycle. Over five years, generate a total of 476 jobs, including 48 direct professional positions, 56 direct manufacturing roles, and 378 indirect support and service jobs. Additionally, produce functional polymer (rubber) at a rate of 1,500 pounds per hour on a single process line, resulting in extending asphalt road life by 2 to 2.5 times. Achieve ecorphalt production at federal department of transportation's superpave asphalt binder requirements.
Intended beneficiaries
Beneficiaries include the workforce in the akron region through direct employment opportunities. Local infrastructure will benefit from the production of functional polymer (rubber) used in asphalt that will expand the lifespan of roads.

Quick answers

Who received award ED25HDQ0G0030?

ED25HDQ0G0030 was awarded to Full Circle Technologies LLC by Economic Development Administration (Department of Commerce) on December 1, 2024.

How much is award ED25HDQ0G0030 worth?

$5,687,500 has been obligated on ED25HDQ0G0030: $4,702,500 in federal funding and $985,000 in non-federal funding.

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