Washington, DC – According to filings with the U.S. Securities and Exchange Commission, Rubbintec is raising $3,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Martin Kalin played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Rubbintec
Rubbintec addresses the enormous global tire waste problem and makes rubber sustainable by converting end of life tire rubber back into high quality virgin rubber that can then be used as a rubber substitute in a $41 billion market including footwear outsoles, tire retreads, automotive parts and many dozens of different rubber products. We also add waste plastic to the recovered virgin rubber, which creates a co-polymer or thermoplastic elastomer, which can be used as an asphalt modifier to extend the life of roads and roofing materials and which can be used in many other applications. Most end of life tires are landfilled or incinerated for energy recovery. It is difficult to recycle and reuse rubber because rubber has been cured through the vulcanization process. Rubbintec efficiently reverses the vulcanization process process allowing us to recover high quality virgin rubber. Our competitive advantage is that our patented de-vulcanization technology selectively breaks sulfur bonds without damaging the rubber. This significant technological achievement enables the continuous upcycling and reuse of rubber waste, boosting the circular economy. Many other devulcanization technologies. damage the rubber and/or utilize too much energy in their process. Having said that, Rubbintec is not competition against other devulcanization technologies. Instead, we want to replace natural rubber (latex) and petroleum based synthetic rubbers, both of which have a significant carbon footprint. Our team collectively has over 180 years of experience in business, manufacturing, science and startups.

To learn more about Rubbintec, visit http://rubbintec.com/

Contact:
Martin Kalin, Chief Executive Officer
202-271-0328
https://www.linkedin.com/in/martin-kalin-49700612/

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