In past year, there were 23 wasted rubber recycle projects approved, with 2.6 million tons of annual process capacity every year in all.
Those projects were divided into two types, one was reclaimed rubber project, the other one is thermal cracking project. According to statistics, there were five companies planning to produce 400,000 tons of reclaimed rubber every year, and 18 companies planning to process 2.2 million tons of wasted tires through waste rubber distillation equipments.
Amongst, Nantong Huili Rubber, Chaoyang Huaxing Wanda Tire etc., upgraded its process capacity either, which further strengthens China's wasted rubber process capacity.