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Waste Energy Moves to Triple Midland Footprint as Company Builds Out Large-Scale Waste Processing and Conversion Campus

WAST
  • Waste Energy Corp. agreed to expand its Midland, Texas waste conversion campus from approximately four acres to more than 13 acres.
  • The expansion adds roughly nine acres, more than tripling the facility's footprint to increase tire intake, processing, storage, & future conversion capacity.
  • The transaction is subject to final documentation & customary terms, with closing expected on or about September 1, 2026.
  • The move addresses Texas's large scrap tire market, where 40 million tires were managed in 2024, with over 7 million landfilled & 7.5 million sent out of state.
  • The larger site will support increased tire sorting, shredded material storage, material handling logistics, & space for additional waste conversion systems.
  • The expansion coincides with the final commissioning phase of the company's first waste conversion system at the Midland campus.
  • CEO Scott Gallagher stated the larger footprint allows the company to scale beyond its initial single-system operation toward a comprehensive waste infrastructure platform.
  • Waste Energy Corp. is building an integrated platform focused initially on tire collection, processing, recycling, & conversion in the Permian Basin.