Core Viewpoint - Rumus Technology Company has announced a strategic investment in InnoVent Renewables to accelerate the promotion of its patented tire recycling technology [1] Group 1: Investment and Partnership - Rumus aims to leverage its global business layout and technological advantages to help InnoVent scale its operations and provide sustainable high-value solutions to replace traditional tire disposal methods [1] - The partnership between Rumus and InnoVent began in 2025, with Rumus becoming the global exclusive licensee of InnoVent's tire pyrolysis technology [1] Group 2: Market Context and Technology - Over 1 billion waste tires are estimated to be landfilled globally each year, highlighting the need for effective recycling solutions [1] - InnoVent offers a scalable end-to-end solution that converts waste tires into high-value products such as tire pyrolysis oil, recovered carbon black, pyrolysis gas, and steel [1] - InnoVent currently operates a commercial production facility in Monterrey, Mexico, with an annual capacity to process 1 million waste passenger car tires [1]