Mesh you can specify. Origin you can prove.
Mesh-graded crumb rubber — produced in Lebanon, classified to ASTM standards, shipped under Certificate of Analysis. The upstream raw-material backbone of the Lebanese circular polymer economy.
Every shipment is classified per ASTM D5603, particle-size tested per ASTM D5644, and contractually held to ≤5% oversized particles, ≤0.75% moisture, ≤0.1% residual metal, ≤0.5% residual fibre. Each batch ships with its own Certificate of Analysis. Informal shredders cannot match it; imports cannot beat our lead time.
Produced in the Keserwan-Matn corridor, 30 km from our anchor compounder and within 60 km of Beirut and Tripoli ports. Every shipment ships under a GAFTA Certificate of Origin issued by CCIA-BML and verifiable on the Lebanese Customs portal — duty-free across 18 Arab member states.
Three mesh grades. One steel by-product.
Each named, priced, and specified.
Use case
Athletic-surface infill and entry-level polymer compounding. The workhorse fraction for formulators substituting virgin SBR.
Use case
Indoor athletic surfacing, moulded products, high-specification compounding feedstock. Bespoke ≤3% tolerance available in Phase 2.
By-product
Sold to Lebanese steel mills against the HMS-1 scrap benchmark, discounted for tire-wire contamination. Modest tonnage, strategic role: covers the majority of cash production cost.
Specification is the product.
In an industrial-feedstock context, "design" is not aesthetic. It is the deliberate engineering of mesh tolerances, contaminant ceilings, and packaging so that our crumb integrates predictably into your production recipe.
Each value below is verified per batch through stratified random sampling — three samples per one-tonne FIBC, screened on a standard sieve stack, with sample retention for traceability.
From waste tire to qualified feedstock — measured at every step.
Ambient-grinding technology, mature and globally available. Behind-the-meter solar PV cuts grid load. Sample retention and weight checks accompany every batch.
Contamination check
First steel liberation
Magnetic separation
Air-classification
ASTM D5644 per batch
CoA per ASTM D5603
Material balance — per 52 kg truck tire
Gross tire composition: approximately 67% rubber, 23% steel, 5% textile fibre, 5% process loss. The financial model uses conservative saleable yields of 60% crumb rubber and 15% recovered steel, reflecting screen losses and quality rejects. Steel is benchmarked against the HMS-1 scrap price discounted for tire-wire contamination, and is sized to cover the majority of cash production cost.
Energy intensity: approximately 0.45 kWh per kilogram of crumb, hedged against grid volatility by a behind-the-meter solar-PV installation that pays back in 18–30 months on current EDL tariffs.
A specification is a promise only if it is documented.
Every shipment ships with two instruments: a Certificate of Analysis batch-tagged to its FIBC, and a GAFTA Certificate of Origin verifiable on the Lebanese Customs portal.
Re-Tire RC-20 · Specimen Batch #RT-20-0001
Test results
Re-Tire SARL
ID/00427 · Illustrative
Re-Tire SARL
Sample retention: 3 yr
Issued by the Beirut Chamber of Commerce, Industry and Agriculture
A USD 200–300M regional market. We are built to take half a per cent of it.
Sized three independent ways — demand-side, supply-side, and strategic pull — then deliberately constrained to a financeable sliver. A modest obtainable share is a feature of the plan, not a limit on ambition.
Negative-cost feedstock. A by-product that pays the line.
Local collection, USD-anchored labour, a solar-hedged energy line, and a steel stream that absorbs most of the cash cost of production — so the crumb price is freed from carrying the cost of turning feedstock into product.
Upstream backbone, then ecosystem.
Re-Tire is intentionally infrastructural rather than product-centric. The path moves from qualified-feedstock supply to rubberised-asphalt offtake, to deeper compounder partnership, and finally to co-branded end products.
Upstream feedstock
Single Tier-1 anchor compounder, with Tier-2 buyers seeded in parallel. CoA discipline established. Steel by-product covers the majority of cash production cost.
- 1,500–3,000 t/yr throughput
- RC-20, RC-30, RC-Steel
- 40–60 tire-shop collection nodes
- Berytech + UNDP grant tranches
Rubberised-asphalt offtake
Qualify against ASTM D6114 for asphalt-rubber binder. Address USD 11 bn World Bank reconstruction pipeline through CDR tender desk.
- Co-formulation pilots begin
- CDR tender qualification
- Carbon-credit pre-sales
- Bespoke ≤3% mesh tolerance
Deeper compounder partnership
Deeper co-formulation partnership with compounders under joint R&D MoUs. ISO 9001 + 14001 certified. Cryogenic fine-fraction capability evaluated.
- Cryogenic line evaluated
- ISO 9001 / 14001 certified
- 2nd line + 2-shift expansion
- EU-aligned traceability
Co-branded end products
Co-branded launches under formal JV or licensing. GAFTA exports ≥ 50% of revenue. Top-customer share down to ≤25%.
- Re-Tire × partner SKUs
- ≥ 12,000 t/yr · 2 lines
- 40–50 FTE direct employment
- Vision 2030 contracts (KSA)
Conservative by design. EBITDA-positive in Year 2.
Built on a blended USD 410/t crumb price — the lower-middle of the band — and a 53 → 90% single-shift utilisation ramp. No bank debt, because the banking-sector closure makes none available.
≈53% util
75% util
90% util
| Profit & loss · USD | Year 1 | Year 2 | Year 3 |
|---|---|---|---|
| Revenue | 453,600 | 646,529 | 775,835 |
| Gross margin | 54.4% | 64.6% | 64.8% |
| EBITDA | (30,358) | 118,405 | 178,038 |
| EBITDA margin | −6.7% | 18.3% | 22.9% |
| Net profit after tax | (69,436) | 63,435 | 117,999 |
| Net margin | −15.3% | 9.8% | 15.2% |
| Scenario · 5-yr | Pessimistic | Conservative | Optimistic |
|---|---|---|---|
| NPV @ 30% WACC | (470k) | (8k) | +380k |
| Internal rate of return | −60% | 29% | 62% |
| Year-3 EBITDA | 2,482 | 178,038 | 318,218 |
| First EBITDA-positive | Year 3 | Year 2 | Year 1 |
The model is built bottom-up at a 30% cost of capital reflecting Lebanon's country-risk premium, placing the conservative base case close to its hurdle rate. It is deliberately built on three foundations the headline metrics under-weight: a grant-weighted capital structure, GAFTA export reach, and the Phase 2 reconstruction pipeline, which the base case excludes entirely.
The round is structured as equity and grant capital, reflecting a domestic banking sector closed to new lending. Grant facilities provide the majority of the requirement, with founder and strategic angel capital completing the structure. Returns are modelled independently of the Phase 2 reconstruction opportunity.
| Startup assets — landed line + plant fixed assets | 273,540 |
| Startup expenses & opening inventory | 51,400 |
| Cash runway — ≈ 4 months | 130,000 |
| Working-capital buffer | 5,060 |
| Total raise | 460,000 |
Every tonne diverted is publicly disclosed.
Re-Tire commits to monthly public disclosure of throughput, energy consumption, avoided emissions, and worker-safety metrics. Targets aligned with Lebanon's NDC 3.0 emission-reduction pathway and verified by third-party ESG assurance.
Three executive functions, one shared commitment to evidence over claim.
Re-Tire is led by three founders whose roles map directly onto the venture's principal capability requirements: technology, operations, and commercial. Each founder owns their domain end-to-end.
Michael Mrad
Owns the venture's technology stack, process engineering and innovation pipeline. Specification of the five-machine line; qualification of mesh-graded output; data-analytics platform.
Paul Tabet
End-to-end operations: inbound tire collection logistics, the production line, outbound dispatch. Financial planning and working-capital discipline in a closed banking environment.
Tony Rayes
Demand side: client acquisition, partnership development, marketing execution. Leads the anchor-customer relationship and the specification-partner programme.
Send your mesh recipe. We'll send a CoA against it.
Our supplier-qualification cycle is 3–6 months. The fastest path is a written specification — target mesh, oversize tolerance, moisture, contaminant ceilings — and a sample lot. We respond within 48 hours with a draft CoA template tuned to your spec.