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February 18th, 2010

Tire-recycling – a great idea and a gift to mankind

This is a story of a new business and the dramatic results it is achieving. The tire recycling factory began operating in January and immediately qualified for ISO 14001 and ISO 9001 environmental certifications. The total amount invested was about $15 million. The new 150,000-square-foot factory will be able to process 35,000 tons, or 2 million tires a year.

Tire discard

The amount of tires discarded annually is astronomical, both in numbers and in tonnage of materials. In many countries, the bulk of discarded tires are either interred in landfills or just dumped in open areas or on the side of the road.

What comes out of recycling?

Tire-recycling factories reduce the tires to their component parts of rubber, fabric and steel. The rubber can be reused for a variety of purposes, including as an aggregate for adding to asphalt for the paving of roads, a protective surface in playgrounds and many other uses, including being set on fire at demonstrations. Some companies work on technologies that reduce the tires to oil and steel.

The CEO’s statement

The CEO, Amal Asad, said: “The new factory will multiply by seven the amount of tires recycled each year and finally enable the implementation of the Tire Recycling Law. Thirty-thousand tons of raw materials will leave our factory, Tyrec, each year and enable the creation of factories for recycled materials and will transform the tire into an environmental financial resource. According to a law passed in 2007, after 2013, all tires must be recycled.”

Recycling law

The law has two purposes: to recycle tires and to restrict the population of Asian Tiger mosquitoes, which often carry Dengue fever and which breed in stagnant rainwater trapped in discarded tires on the sides of roads. Some experts believe Dengue fever passes from country to country via the tires. Besides the mosquitoes, dumpred tires are a hazard and an eyesore.

Machinery

Tires are not meant to break down. They are designed to last. Machinery designed to break down tires into crumb and powder needs to be highly specialized precision machinery to do exactly that. It breaks the tire down to a usable and “in demand” product by using environmentally friendly, cost efficient, energy efficient machinery.

Progress

Land filling or burning tires for energy has limited prospects as environmental authorities are acknowledging the need for greener alternatives for this valuable waste product. More and more large volume uses are emerging for end products made from the rubber, steel and textile derived from recycling tires. Mass market end products like continuous rolls of cost effective recycled rubber used for noise insulation now complete the ‘big picture’ for investors to consider recycling tires commercially.

Investment opportunity

Significant opportunities exist worldwide to make a lot of money from recycling tires, however, if you are new in the industry, make sure you learn the ropes so that you will avoid the pitfalls.

This entry was posted on Thursday, February 18th, 2010 at 1:29 pm and is filed under Economy, Employment, Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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