{"id":510027,"date":"2020-10-06T20:16:01","date_gmt":"2020-10-06T20:16:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=510027"},"modified":"2020-10-06T20:16:01","modified_gmt":"2020-10-06T20:16:01","slug":"llc-announces-the-launch-of-their-crowdfunding-campaign-tgf-tires-recycling","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/llc-announces-the-launch-of-their-crowdfunding-campaign-tgf-tires-recycling_510027.html","title":{"rendered":"LLC announces the Launch of their Crowdfunding Campaign, TGF Tires Recycling."},"content":{"rendered":"
TGF TIRES RECYCLING, LLC will launch their crowdfunding campaign – Development of a tires and rubber waste recycling plant in Bavaria \/ Germany. TGF TIRES RECYCLING, LLC is the specialist for thermolysis, pyrolysis and depolymerization for the recycling of raw materials from used tires, rubberized excavator chains, conveyor belts and many other hydrocarbons.<\/div>\n

\"\"<\/strong><\/span><\/p>\n

Objectives:<\/strong><\/p>\n

The primary objectives of our TGF organization are to:<\/p>\n

1) To form a waste tire recycling company in partnership with Sirius Eco-Tec GmbH.<\/p>\n

2) To develop a business centered around sound business practice.<\/p>\n

3) To ensure that recycling is sustainable in the area of Bruck in Oberpfalz \/ Germany.<\/p>\n

4) To minimize landfilling.<\/p>\n

5) To create jobs.<\/p>\n

6) To investigate options for processing and value adding to recycled products.<\/p>\n

Vision:<\/strong><\/p>\n

Here is our TGF vision statement: Our vision is to create a standard and world class tires and rubber waste recycle plant whose products and brand will not only be accepted in Bruck in Oberpfalz, but also in other cities in Germany.<\/p>\n

Financial Overview:<\/strong><\/p>\n

Below is the financial overview showing the profitability of the business as the sales increases with little change in the cost. The profit is seen to increase with sales.<\/p>\n

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Financial Overview<\/strong><\/p>\n<\/td>\n

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 <\/p>\n<\/td>\n

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 <\/p>\n<\/td>\n

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 <\/p>\n<\/td>\n

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 <\/p>\n<\/td>\n

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 <\/p>\n<\/td>\n<\/tr>\n

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 <\/p>\n<\/td>\n

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Year 1<\/strong><\/p>\n<\/td>\n

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Year 2<\/strong><\/p>\n<\/td>\n

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Year 3<\/strong><\/p>\n<\/td>\n

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Year 4<\/strong><\/p>\n<\/td>\n

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Year 5<\/strong><\/p>\n<\/td>\n<\/tr>\n

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Total Revenue<\/strong><\/p>\n<\/td>\n

\n

 $   2,025,000<\/p>\n<\/td>\n

\n

 $   2,065,500<\/p>\n<\/td>\n

\n

 $   2,106,810<\/p>\n<\/td>\n

\n

 $   2,148,946<\/p>\n<\/td>\n

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 $   2,191,925<\/p>\n<\/td>\n<\/tr>\n

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Total Expenses<\/strong><\/p>\n<\/td>\n

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 $       960,025<\/p>\n<\/td>\n

\n

 $       979,226<\/p>\n<\/td>\n

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 $       998,809<\/p>\n<\/td>\n

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 $   1,018,786<\/p>\n<\/td>\n

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 $   1,039,162<\/p>\n<\/td>\n<\/tr>\n

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Net Profit<\/strong><\/p>\n<\/td>\n

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 $       555,731<\/p>\n<\/td>\n

\n

 $       566,845<\/p>\n<\/td>\n

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 $       578,183<\/p>\n<\/td>\n

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 $       589,747<\/p>\n<\/td>\n

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 $       601,541<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Duration:<\/strong><\/p>\n

Project is expected to be completed within 24 months – Construction period approx… 2 years.<\/p>\n

Total Projected Cost:<\/strong><\/p>\n

Total estimated costs are expected to be approximately: US$6,500,000 US Dollar.<\/p>\n

TGF Group is committed to obtaining and providing the monies necessary to institute and complete this project in a timely manner.<\/p>\n

For more information about TGF TIRES RECYCLING, LLC crowdfunding campaign: https:\/\/www.crowdfunder.com\/tgf-tires-recycling-llc\/invest<\/a><\/p>\n

Media Contact<\/span>
Company Name:<\/strong> TGF TIRES RECYCLING, LLC <\/a>
Contact Person:<\/strong> Tobias Goetz, President & CEO
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> +1-302-397 0565
Country:<\/strong> United States
Website:<\/strong> https:\/\/www.crowdfunder.com\/tgf-tires-recycling-llc\/invest<\/a><\/p>\n

<\/object>\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

TGF TIRES RECYCLING, LLC will launch their crowdfunding campaign – Development of a tires and rubber waste recycling plant in Bavaria \/ Germany. TGF TIRES RECYCLING, LLC is the specialist for thermolysis, pyrolysis and depolymerization for the recycling of raw … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,425,410,404,416],"tags":[],"class_list":["post-510027","post","type-post","status-publish","format-standard","hentry","category-Business","category-Finance","category-Manufacturing-Industry","category-US","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/510027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=510027"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/510027\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=510027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=510027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=510027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}