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Basis on Which Price is Determined?

04/04/2011 3:13 AM

I want to set up a plant that will produce furnace oil, carbon black, scrap iron, and gas from waste tyres. Its quality will be different from the manufacturers of those products directly.

Can you guide me about the standard parameters in which the price vaires depending upon its chemical composition? I am from India. Can I set up my own small lab for testing the above products from time to time?

What will be its cost? Can you guide about the websites which can help me in this line? And some ref. of some person?

Regards.

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#1

Re: BASIS ON WHICH PRICE IS DETERMINED ?

04/04/2011 3:49 AM

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Irrelevant This post was deleted because it is related to a deleted post and would otherwise be taken out of context.

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#2

Re: BASIS ON WHICH PRICE IS DETERMINED ?

04/04/2011 6:21 AM

A simple start

Business is better operating if you just consider what is necessary and practical. It does not need complicated equation to make it work. Just be practical and simple (add, subtract, multiply & divide) - simple tools that will make it work.

I bet, you have to get dioxin & furan test & Environmental Compliance Certificate first before you may proceed with your business. Consult local Environmental Authority in your place, I see you are handling or recycling (worst is burning tires) WASTE there.

Scrap Iron and gas from waste tires?? <-- Never heard this one, I bet this is a new one.

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#3
In reply to #2

Re: BASIS ON WHICH PRICE IS DETERMINED ?

04/04/2011 3:42 PM

Tires (tyres) have steel belts and cords=scrap steel. Steel = iron mostly. You gave good advice.

Milo

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#4
In reply to #3

Re: BASIS ON WHICH PRICE IS DETERMINED ?

04/04/2011 9:20 PM

gee, thanks Milo

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#5
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Re: BASIS ON WHICH PRICE IS DETERMINED ?

04/04/2011 10:00 PM

My process would be to erect a high tower, tank of liquid nitrogen at top, dip tire into same then drop to concrete. Rubber should shatter off into little bitsies, and the steel should be easily recoverable with magnets. Much less environmental harm than thermal degradation. Milo ( no smiley, im on my ipad)

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#6
In reply to #5

Re: BASIS ON WHICH PRICE IS DETERMINED ?

04/04/2011 10:31 PM

Nice idea Milo, but a simple feasibility study should be advised. What if the cost of that process you propose is much higher than what is actually derived from tires. Its between how much you pay for the Liquid Nitrogen versus the price per kg of steel recovered plus all other factors. It will not be a feasible business, I guess.

That's why i think, most likely, burning these tires would be inevitably preferred.

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#7
In reply to #6

Re: BASIS ON WHICH PRICE IS DETERMINED ?

04/04/2011 10:56 PM

Now why did you have to go and bring that up?

Never mind!

Milo

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#8

Re: Basis on Which Price is Determined?

04/09/2011 11:09 AM

You have a great idea to do this, but not a simple economic/technical problem. There are millions of tons of waste tires in the world and many people have tried to do something usefull with them. I think most have ended up as very basic, almost disposal type of answers, like useing them as soil retainers in earthen embankments, etc. But, I'm sure a good literature search would reveal a lot, including some tries at getting the usefull ingredients for recycle. I think most reclamaition processes are based on shredding procedures with elaborate screening separations, but that is just from very general acquaintance long ago. I am not an expert in this field. Certainly to get the basic raw materials out, like oils and carbon black, after the shredding you will need a chemical/thermal process of some kind.

Obviously you will need a simple process, or an extremely large scale operation to make the project viable. As to your question regarding quality parameters for the reclaimed materials and their value, simplistically of course the general rule would be that the better quality you can achieve, the better price you will get for that material. You will need to get good, real world market data to evaluate that. If you are not experienced in the industry I suggest you find a knowledgeable consultant.

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