Waste Energy signs LOI to acquire 10-acre tire processing center
Waste Energy Corp. said it signed a non-binding LOI to acquire a 10-acre tire processing center; its previously announced Midland facility expansion remains on track for closing.
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12:01:53 PM UTC
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Waste Energy Corp. signed a non-binding LOI to acquire a 51% stake in a tire processing operation for ~$1.2M and says its Midland, TX expansion remains on track. If completed and ramped, the site could process ~3M—5M tires and generate ~$3M—$5M revenue.Material DetailsContext by AI AnalystEarly-sta…
Waste Energy Corp. 2M, and said its Midland, TX expansion remains on track. If completed and ramped, the site could process about 3M—5M tires and generate about $3M—$5M in revenue.