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MEDIA RELEASE 01 July

Australian tyre recycler with proven world class technology is open to New Zealand joint venture deals
An Australian green technology company, that recycles end of life car and truck tyres, is open to New Zealand joint venture deals.

This follows the recent discovery of a 700,000 tyre dump in Waikato with no obvious solution of what to do.

Green Distillation Technologies Corporation recently won a bronze medal in the Edison Awards, which is the world's top innovation award. They were Australia's first ever finalist in the awards.

They are currently commercialising their technology which recycles end of life (ELT) tyres into saleable commodities of carbon, oil and steel and are now moving to full production with an $8 million upgrade to their processing plant in Warren, Western New South Wales with plans for six more other plants in Australia.

They have operated the pilot plant in Warren since 2009 and the upgrade to full production will see it capable of processing 19,000 tonnes, or a mix of 658,000 car and truck tyres per year. This represents approximately 3% of the end-of-life tyres that are generated in Australia each year.

Recycling a typical end of life 10 kg car tyre will yield 4kg of carbon, 2kg of steel and 4 litres while a 70kg truck tyre will provide 28 kg of carbon, 15 kg of steel and 27 litres of oil.

GDT CEO Craig Dunn said: "We have been aware of the New Zealand end of life tyre problem for some time and we are open to discussing joint venture initiatives where our technology is licensed with the potential that three processing plants could handle all your discarded tyres.

"The oil produced from the GDT process can be used as a heating fuel, direct into some stationary diesel engines or is capable of further refinement into automotive or aviation fuels, while the carbon is a high grade product that can replace those sourced from fossil fuels and the steel is returned directly to tyre manufacturers for reuse.

"The process is not only emission free but the recycled oil is used as the heat source for the production process.

"It is the only process available in the world that remanufactures the rubber from old tyres into a different energy form as the other recycling methods merely change the shape or appearance of the rubber," Craig said.

About Green Distillation Technologies
GDT is an Australian company which has developed technology to recycle end-of-life tyres into carbon, oil and steel.

Released for Green Distillation Technologies by Dennis Rutzou Public Relations (www.drpr.com.au)
For further information please call Dennis Rutzou on 0411 510 888

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