Waste Energy Acquires Tire Processing Center, Expands Midland Campus

MIDLAND, Texas, September 21, 2026 /CourierPR/ -- Waste Energy Corp., an emerging waste-to-energy and environmental infrastructure company, has announced two significant strategic initiatives aimed at expanding its operating footprint and future revenue platform. The company has entered into a signed non-binding Letter of Intent (LOI) to acquire a 10-acre tire processing center, which includes an approximately $1.2 million purchase price and the associated operating assets. Under the proposed structure, Waste Energy would own 51% of the acquisition entity.

The acquisition of the tire processing center is expected to significantly increase the number of tires moving through the Waste Energy platform, potentially processing up to 3 million to 5 million tires annually and generating approximately $3 million to $5 million in annual revenue. The transaction is subject to completion of due diligence, financing, and the execution of definitive agreements. If completed, this transaction could represent a substantial addition to Waste Energy's waste processing and conversion infrastructure.

Waste Energy Corp. is also advancing its previously announced expansion of its flagship Midland, Texas waste conversion campus. The company remains on track to close the previously announced expansion transaction, which is expected to substantially increase the physical footprint available for Waste Energy's waste processing, tire handling, and future conversion operations. The company expects to provide shareholders with additional information regarding the expanded Midland campus after the transaction has closed.

The company continues to advance the final commissioning of its initial waste conversion system at the Midland campus, with the goal of expanding its commercial operations and evaluating additional opportunities that complement its waste-processing and resource-recovery strategy. Waste Energy Corp. is developing waste processing and conversion infrastructure designed to transform waste streams into commercially valuable products. Through its operations in Midland, Texas, the company is building an integrated platform focused initially on waste tire collection, processing, recycling, and conversion, with the goal of expanding its capabilities and geographic footprint as operations develop.

Waste Energy Corp. is a company that continues to advance its strategy around scale, with the acquisition of a tire processing center and the expansion of its Midland campus. These initiatives are expected to significantly increase the number of tires processed and the potential revenue generated, positioning Waste Energy Corp. as a key player in the waste-to-energy and environmental infrastructure sector.