Longford company Mimergy has plan to turn waste tyres into oil

Mimergy is ahead of the posse in developing a technology that provides alternatives to incineration, reports Trish Dromey.

Longford company Mimergy can’t turn water into wine but it can transform unwanted waste tyres into valuable oil and chemicals, which might just be the next best thing to a miracle.

Currently at the development stage, Mimergy aims to be market ready at the end of next year with technology which turns waste tyres back into the components from which they’re made – carbon, oil, steel and high-value chemicals.