Bolder Industries & Tauber Oil sustainable manufacturing
Bolder Industries, a creator of sustainable chemical manufacturing sourced from unusable tires, has declared a 20-year strategic marketing agreement with Tauber Oil Company, a marketer of petroleum and petrochemicals.
This was a natural partnership for both companies, as each has a strong will to build relationships which can accelerate the growth of sustainable materials in chemical manufacturing.
Sustainable chemical manufacturing uses less water
Founded in 1953, in Houston, Texas, Tauber Oil Company works with petroleum products such as:
- Natural Gas and Natural Gas Liquids
- Carbon Black Feedstocks
- Crude Oil
Bolder Industries was founded in 2011, Boulder, Colorado and facilitates circular solutions for supply chains which work in:
The company converts end-of-life tires into sustainable carbon black, petrochemicals, steel and power. As a Certified B Corp, Bolder Industries has a firm ESG vision. The company developed a new method which uses 85% less water, greenhouse gases and energy, while using up 98% of each scrap tire.
Tauber Oil will be the exclusive purchaser of BolderOil for the next 20 years, acquiring approximately 2mn barrels each year, as supply becomes available from Bolder’s aggressive capacity build-out plans.
Sustainably derived petrochemicals ready for manufacturing
“For years, we’ve closely monitored the race to turn tires to high-quality petrochemicals but until we met the Bolder Industries team, we had yet to see it accomplished successfully at commercial scale”, said Jonathan Tauber, President of Tauber Oil. “After visiting their facility, it was immediately apparent they were doing something special. Now, through arduous due diligence we are confident and eager to provide sustainably derived petrochemicals at the level of quality, consistency, and specifications our customer’s demand. We expect this partnership will give way to expansion and deliver meaningful environmental impact that our customers and the world needs.”
“Strategic investments and alliances such as this signal the next phase for our hyper growth company”, said Tony Wibbeler, CEO of Bolder Industries. “This relationship enables us to grow our petrochemical business exponentially with a well-known and highly-respected partner that we are very pleased to be working with day-to-day.”
"To be able to take something as notoriously synonymous with pollution as an old tire and repurpose it into literally hundreds of different useful products is an incredible achievement by Bolder Industries”, said David Tauber, Sr., Chairman of Tauber Oil. “We at Tauber Oil are delighted to have a hand in bringing to market products from our industry that not only reduce production emissions and natural resource use, but keep millions of tires out of landfills every year.”