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ENVIRONMENTAL SERVICES & EQUIPMENT | Recycling
reklaim.com

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Founded Year

2003

Stage

Merger | Merged

Total Raised

$21.88M

About Reklaim

Reklaim recovers materials and energy from specialty waste, specifically discarded automobile tires. The company's process utilizes rubber from waste tires, a feedstock that is in overabundance with significant environmental and health concerns.

Reklaim Headquarter Location

210 S Hudson St. Suite 310

Seattle, Washington, 98134,

United States

206-547-9557

Latest Reklaim News

Klean Files Lawsuit Against ReKlaim Inc, Pyrolyx’s AG Joint Venture Partner, for Failing to Pay its Property Taxes in Boardman, Oregon

Jul 23, 2020

Author of the article: Article content VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) — Klean Industries Inc (“Klean”) is advising its shareholders that it has filed suit against ReKlaim Inc.(“ReKlaim”) in the Circuit Court of Morrow County, Oregon, asserting claims for breach of contract, breach of the covenant of good faith and fair dealing, fraud and fraudulent concealment. In the lawsuit, Klean seeks a minimum of $153,867.46 in damages. ReKlaim was recently served with the summons and a copy of the formal complaint. The lawsuit stems from Klean’s purchase of ReKlaim’s assets in a failed tire pyrolysis technology venture located in Boardman, Oregon, and ReKlaim’s failure to satisfy certain property tax liabilities associated with that facility. In February of 2018, Klean purchased only ReKlaim’s assets at the shuttered pyrolysis facility, leaving ReKlaim to satisfy any and all remaining liabilities including all associated taxes. ReKlaim, however, failed to use the proceeds from the sale of the facility to pay the  outstanding property taxes it owed to the State of Oregon and Morrow County. Upon learning of the delinquent taxes, Klean contacted ReKlaim and Tom Redd, ReKlaim’s CEO at the time, to ensure the delinquent taxes would be addressed and paid promptly. ReKlaim and Mr. Redd assured Klean that the delinquent taxes would be addressed promptly. To date, however, ReKlaim has failed to satisfy the delinquent taxes owed to the State of Oregon and Morrow County. As a result, Klean was forced to file suit against ReKlaim. Jesse Klinkhamer, Klean’s CEO commented “ReKlaim’s non-performance with respect to the delinquent taxes that were assessed when ReKlaim owned the facility is now causing issues for Klean. I find this entire situation disheartening.” Mr. Klinkhamer went on to discuss the current business climate, commenting that “In my opinion, the culture of corporations and their executives behaving badly seems to be endemic in business these days. I find it shocking that some businesses, their owners and executives seem to be able to stay in business and move on to other projects despite often engaging in behavior that, in my opinion, is risky and dangerous for their shareholders and investors. How anyone can continue to do business with such companies is hard to believe.” Klean will update their shareholders as this case enters the Oregon court process in due course. About Klean Klean Industries comprises an international team of award-winning experts with decades of experience in the design, manufacturing and deployment of alternative energy solutions, including clean power production, waste management, recycling, and resource recovery. Klean uses proven technologies to rapidly develop projects that produce the highest quality fuels, recovered Carbon Blacks (“rCB”) and green energy from various kinds of carbon-based wastes. Klean specializes in building projects that use thermal technologies such as gasification, pyrolysis and carbonization, which convert scrap tires, waste plastics and municipal solid waste into domestic energy, sustainable green commodities and new cleantech jobs. For more information about Klean, please visit www.kleanindustries.com or follow us on:

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Reklaim Patents

Reklaim has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/14/2014

10/3/2017

Chemical processes, Inorganic compounds, Polymers, Industrial gases, Metal halides

Grant

00/00/0000

00/00/0000

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Application Date

11/14/2014

00/00/0000

Grant Date

10/3/2017

00/00/0000

Title

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Related Topics

Chemical processes, Inorganic compounds, Polymers, Industrial gases, Metal halides

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Status

Grant

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