Waste tire recycling project under construction in Inner Mongolia
A waste tire recycling project is under construction in Inner Mongolia of China.
The project includes a rubber powder plant with total investments of 730 million yuan, which can, after the first stage of construction, recycle 50,000 tons of waste tires a year and gain sales revenues of about 103 million yuan.
It also includes a waste tire thermal cracking plant with total investments of 600 million yuan. After the Phase-I construction is completed, the plant is expected to produce steel wire, fiber, carbon black and fuel out of 100,000 tons of waste tires and gain sales revenues of 250 million yuan.
The project will operate without any contamination to the environment, said Liu Haicheng, president of Inner Mongolia Yishiyuan Science & Technology Environmental Protection Company Limited.
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
