Farrel Pomini, a member of HF Group, acquired majority ownership of WF Recycle-Tech, increasing its stake from a minority ownership position established in 2021.

WF Recycle-Tech, headquartered in the United Kingdom, created a proprietary, patented pyrolysis system for recycling end-of-life tires. The system utilizes the Farrel Continuous Mixer to process end-of-life tires into outputs such as recovered carbon black and oil.

“We are delighted to deepen our partnership with WF Recycle-Tech and take this important step toward further commercialization of their proven pyrolysis system,” said Paul Lloyd, president of Farrel Corporation. “This acquisition aligns with our long-term strategy to support sustainable solutions that address global challenges.”

“We are very pleased to become majority-owned by FARREL POMINI and HF GROUP. Being part of the HF GROUP organization allows us to leverage a strong global support network, deep technical expertise, and long-term investment commitment,” said Jo Dennis, WF Recycle-Tech managing director. “This partnership significantly strengthens our ability to scale our pyrolysis system and deliver solutions to customers around the world.”