HOUSTON (September 5, 2023) – InnoVent Renewables announces the addition of strategic advisors Richard Loew and Matt Flanagan in support of InnoVent’s mission to drive renewable energy forward by mitigating the global environmental challenge of waste tires. InnoVent Renewables launched as a U.S.-based technology and operations company with a proprietary continuous pyrolysis technology that converts waste tires, plastics, and biomass into valuable fuels and chemicals. As strategic advisors and shareholders, Loew and Flanagan will assist InnoVent Renewables on a range of initiatives such as operational start-up, and early-stage growth.
“We are thrilled to have Richard Loew and Matt Flanagan as strategic advisors and shareholders of InnoVent Renewables,” noted InnoVent Renewables CEO Vibhu Sharma. “Richard and Matt have successfully assisted dozens of start-ups across the energy and renewables sector, and their expertise will be essential to helping us achieve both our near-term and long-term objectives.”
“Matt Flanagan and I are excited to support InnoVent Renewables and the visionary leadership team led by CEO Vibhu Sharma in its mission to solve the global environmental challenge of waste tires,” said Richard Loew. “This is a unique opportunity to have a substantial positive impact on our environment, and we’re excited to support this effort.”
Leveraging decades of global experience, Richard Loew, Senior Advisor with Pyxis Advisory Group, assists global clients with mergers and acquisitions, digital transformation, and strategic CIO advisory services. Richard served as CIO for more than 10 years across three companies focused in the Refining sector (process manufacturing). He has a strong technology and leadership foundation due to his tenure with Price Waterhouse in the Management Consulting group. He has led IT through 3 IPO’s, led IT Acquisition Integration across 10 acquired assets in US, UK, France, Germany, and Belgium for three companies including Motiva, PBF and Petroplus.
Matt Flanagan, Partner with Pyxis Advisory Group, brings nearly 30 years of extensive energy industry experience as a global business executive selling and delivering large-scale business and technology transformation programs for multi-billion-dollar, multi-national corporations. Prior to Pyxis Advisory Group, Matt spent a decade as a partner with a management consulting firm, leading the firm’s downstream energy practice and serving clients including ExxonMobil, PBF Energy, Motiva, Sunoco, Monroe Energy, and Par Pacific.
With a solution to the global environmental challenge of waste tires, InnoVent Renewables has assembled a team of world class executives. With current operations in Houston (USA), Pune (India), and Monterrey (Mexico), the company has aggressive global growth plans.
About InnoVent Renewables
InnoVent Renewables is a U.S.-based technology and operations company with a proprietary continuous pyrolysis technology that converts waste tires, plastics, and biomass into valuable fuels and chemicals. InnoVent’s corporate mission is to drive renewable energy forward by addressing the global environmental challenge of waste tires. With operations currently in Houston (USA), Pune (India), and Monterrey (Mexico), InnoVent has aggressive international expansion plans. More information on InnoVent Renewables can be found at innoventrenewables.com