Waste Energy Corp. (WEC), a clean-energy company focused on converting waste into usable fuel and renewable energy products, has secured key commercial agreements for the sale of recovered steel and tire-derived oil (TDO), subject to output reviews, while also entering into multiple feedstock agreements expected to support full operations at the company’s first 15-ton-per-day (TPD) waste conversion facility in Midland, Texas.
The agreements represent another major milestone as WEC advances toward the commissioning of its first commercial waste conversion system.
Under the new agreements, WEC now has tentative counterparties for two of the facility’s primary output streams, subject to the lab results and product specifications generated from the first commercial production run:
- Recovered steel generated from the processing of waste tires
- Tire-derived oil produced through the company’s waste conversion technology
The company expects to finalize commercial pricing and long-term purchase arrangements following the completion of its first run and the corresponding analysis of product quality, composition and grade.
In addition, WEC has entered into several new feedstock agreements with regional tire suppliers, recyclers, collection companies and other waste tire sources that are expected to provide enough inbound material to fully operate the 30 TPD facility. These new agreements are in addition to the company’s previously announced relationship with Midland County.
WEC is also participating in the Basin Beautification Project, a regional initiative focused on reducing litter and illegal dumping across Midland, Odessa, Midland County and Ector County.
As part of that effort, WEC is accepting waste tires collected through county cleanup initiatives, helping divert them from stockpiles, illegal dumping sites and landfills. The company believes that participating in community cleanup programs aligns closely with its broader mission of turning problematic waste streams into usable energy products.
WEC’s first 15 TPD facility is expected to process more than 100,000 waste tires annually once fully operational. Through the company’s waste conversion technology, those tires can be transformed into valuable end products including tire-derived oil, recovered steel, recovered carbon black and syngas.
The company believes that establishing feedstock supply and product offtake relationships before commissioning reduces operational risk, strengthens near-term revenue visibility and provides a clearer path toward full commercial operations.
WEC expects to continue expanding both its feedstock network and customer base for finished products as it advances toward the planned addition of a second 15 TPD line in Midland and future facilities in additional markets.
Published June 2026
