Bolder Industries, based in Boulder, Colorado, has secured a €32 million ($34.8 million) grant from the European Union Innovation Fund. This financial boost accelerates its European growth and supports its goal of creating sustainable materials.
New Antwerp Facility to Revolutionize Carbon Black Production
Bolder Industries will use the grant to build a new facility in Antwerp, Belgium, aimed at transforming carbon black production. This facility will cut greenhouse gas emissions by up to 85%. This is a significant step in advancing the company’s sustainability efforts. Modeled after its Missouri plant, the Antwerp facility will process over 4 million end-of-life tires annually. It will produce eco-friendly products like BolderBlack and BolderOil.
BolderBlack, which serves as a sustainable alternative to traditional carbon black, is currently utilized in more than 3,000 products, such as tires, automotive components, and wetsuits, among others. BolderOil is utilized in renewable fuels, process oils, and solvents. This contributes to Bolder Industries’ goal of promoting a circular economy.
Strengthening Green Manufacturing in Europe
The grant includes an additional $2.18 million from the Flanders regional government, bolstering the project’s local impact. The facility will integrate renewable energy sources, such as on-site wind and heat energy. This further emphasizes Bolder’s dedication to sustainable manufacturing practices and reinforces its environmental commitment.
Originally slated for completion in 2026, the Antwerp plant will reach full capacity by 2027. This facility marks Bolder Industries’ first large-scale operation in Europe. It plays a key role in the company’s expansion strategy on the continent.
Leave a Reply
You must be logged in to post a comment.