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According to Recycling Today media, Ecore International, based in Lancaster, Pennsylvania, is set to receive $10 million in Federal New Markets Tax Credit allocation from UB Community Development LLC (UBCD), a community development subsidiary of United Bancorporation of Alabama. This funding will support Ecore's tire recycling facility in Ozark, Alabama, where end-of-life truck tires will be recycled to produce flooring and surfacing products.

Mathe Group, a South African company that recycles radial truck tires, has obtained a new Waste Management License for its new tire recycling facility worth over R65 million. The facility will complement its successful existing operation. Dr. Mehran Zarrebini, CEO of Mathe Group and its sister company Van Dyck, reveals ongoing negotiations with a potential investor, with the final investment amount contingent on the technology chosen. Simultaneously, Mathe Group is expanding its current facility, set to be operational in August. This expansion will boost their rubber crumb output from 25-30 tons to 45 tons and increase tire recycling from 700 radial truck tires daily to approximately 1,000 per day.

Classic Rubber Flooring – a rubber flooring tiles manufacturer and supplier based in Ahmedabad, India – is expanding its recycling capabilities at its facility in Mehsana, Gujarat. The company specializes in manufacturing flooring for various applications, such as gyms, play areas, swimming pools, and athletic stadiums, using granules derived from waste tires. In the past, they relied on sourcing granules externally or importing them. However, in 2018, they decided to produce their own granules and partnered with Fornnax Technology, a Gujarat-based company specializing in waste tire recycling machinery. Classic Rubber installed a 1.5-ton-per-hour capacity granulator from Fornnax in 2019, followed by a secondary shredder in 2020 to meet their growing needs.

Bandag – Bridgestone’s tread manufacturing and retread business for truck tires – has officially been recognized as a Circular Economy Collaborator by Tyre Stewardship Australia (TSA). The Bandag process is valuable in driving sustainable outcomes for used tires, by extending their life, and contributing to TSA's vision of a circular economy for end-of-life tires and tire recovery in Australia. Bandag's retreaded tires not only reduce the need for raw materials by extending the life of the tire, but also use valuable material from end-of-life tires and rubber waste to create the new treads.

Ecore International – a converter of reclaimed tire rubber in North America – has announced the acquisition of 360 Tire Recycling Group, a tire recycling management company. This strategic partnership enhances Ecore's position in the collecting of tires and buffings while assisting in the sourcing of raw materials for the business's cutting-edge flooring and surfacing solutions. Additionally, it positions Ecore and 360 Tire Recycling Group as pioneers in the global transition to a circular rubber economy. “360 Tire’s commitment to providing an environmentally responsible, one-stop recycling effort for its customers aligns perfectly with Ecore’s vision of a planet free of rubber waste,” said Art Dodge, CEO of Ecore.

According to a recent study, recycling used tires has less of an impact on the environment than using new materials to make the same items. In order to fulfill producer obligations under the Tire Regulation 225/18 and the Resource Recovery and Circular Economy Act (RRCEA) of Ontario, producers must receive services that help them reach the regulatory goal of collecting and recycling 100 percent of the used tires they sell into the market. This involves delivering them to processing facilities and confirming how they are transformed into new products for authorized usage as Tire Derived Products on the market (TDP). A TDP replaces the more traditional method of producing goods by using fresh, or "raw," resources. People anticipate that recycled tire products will be more environmentally friendly than the new materials they replace. The goal of the Scrap Tire Life Cycle Assessment (LCA), a study in which seven members of the Canadian Association of Tire Recycling Agencies voluntarily participated, was to quantify this expectation (CATRA). The study involved gathering and analyzing data from participating tire recycling companies utilizing information from 2017 to 2020.

A new report from the U.S. Tire Manufacturers Association (USTMA) shows opportunities to expand end-use tire markets and improve tire recycling rates to keep pace with annual scrap tire generation. The 15th 2021 Scrap Tire Management Report found that markets consumed 71 percent of annually generated scrap tires in 2021, down from about 76 percent reported in 2019. This decrease is due primarily to a nearly 13 percent increase in scrap tire generation, while markets to consume them increased by six percent. However, even with this small reduction, scrap tires outperform metal, glass, aluminum, plastic and paper recycling rates. Only automotive batteries and corrugated cardboard have a higher recycling rate.

The Flooring Connection (Pty) Ltd is a distributor of sub-floor, flooring solutions, to the construction and flooring industries based in South Africa. The company’s COO Jonathan Bodley interviewed Dr. Mehran Zarrebini – CEO of PFE International Inc., a proven strategic leader and CEO in the technology and circular economy space with over 15 years of experience leading disruptive startups – to learn all about the benefits, challenges and opportunities for recycled tires and rubber crumb in South Africa.

Pyrum Innovations AG (Pyrum), a pioneer in the sustainable recycling of end-of-life tyres (ELT) based on its patented pyrolysis technology, has for the first time obtained a determination of the CO2 savings of its pyrolysis process as part of a "Life Cycle Assessment" (LCA, eco balance) by the Fraunhofer Institute for Environmental, Safety and Energy Technology. The results once again demonstrate the unique and sustainable efficiency of the Pyrum technology. Compared to the use of fossil raw materials, Pyrum’s process saves 747 kg CO2 equivalent per tonne of ELT; if the use of the waste heat produced is included, as Pyrum is already applying, even 965 kg CO2 equivalent are saved per tonne of ELT.