Four years after assignment of patent by Fader Technologies LLC the tyre recycling technology is not yet commercialized, the company says.
Hasselt (Belgium) – As is reported by the company, on August 7, 2009, John (Jack) Fader, inventor of a patented technology for the production of high quality carbon black from pyrolysis char, filed a writ (ref. 209/146172) in the Commercial Court in Hasselt (Belgium), country headquarter seat for the European Union, to enforce termination of his relationship with CBp Carbon Industries, Inc.. According to Fader Technologies LLC John Fader co-founded this company in 2005 with John T. Novak, a stock investor promoter from Vancouver (Canada), Athens (Greece) and Bratislava (Slovakia).
“Mr. Fader had formally resigned from both the company and its board in March, 2009, but the company continued to promote him on its website as a Director and as Executive VP of Technology,” the company says. “At CBp Carbon Industries Inc, an environmental company engaged in the recycling of scrap tires to produce marketable products, Mr. Fader, a founding member of the European Tyre Recycling Association (ETRA), had been responsible for the implementation of his patented technology he developed in Detroit, Michigan in co-operation with the USCAR Vehicle Recycling Partnership. After successfully demonstrating the process at a fully integrated production plant in Hungary, the European Union CRAFT Tyre Recycling Project Team selected Mr. Fader's process as ‘the best commercially available recycle tyre technology’ and the only one capable of meeting the EU project tyre recycling goals. However, during the summer of 2008, John Novak abruptly shut down the Hungarian facility and moved the equipment from central Europe to Cyprus.” According to Fader Technologies LLC the Cyprian facility is not yet operational.
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