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Sussan Ley, the Federal Minister for the Environment, has unveiled a new $10 million state-of-the-art tire recycling plant in Western Sydney's Erskine Park. The plant, according to TireCycle CEO Jim Fairweather, will be able to treat the tens of thousands of tons of end-of-life tires that were previously shipped offshore, resulting in adverse environmental effects. "It's a huge win for the environment and Australia's circular economy," Fairweather said, adding that "end-of-life tires will now be given a new lease on life." The facility will recycle end-of-life tires into products such as tire-derived fuel and rubber crumb for use in roads, flooring tiles and sports surfaces. The factory is expected to produce 10,000 tons of rubber crumb and 40,000 tons of tire-derived fuel per year (TDF).

According to the press release by Genan from October this year, new majority shareholder of environmental company Genan, one of the largest tire recycling companies in the world, is Maj Invest Equity 5 K/S. Sole owner of Genan since 2014, PKA has made an agreement with Maj Invest Equity for the latter to take over 51% of shares. PKA continues to co-own as minority shareholder. Genan Holding A/S is the parent company of the Genan group, which counts six recycling plants in Denmark, Germany, Portugal and the USA – and has more than 300 employees worldwide. Genan’s annual report for 2020, which was presented in May, showed an EBITDA of just under EUR 12m, which is a most satisfactory result considering the Corona crisis.

IMC Outdoor Living – a division of Liberty Tire Recycling, the premier provider of tire recycling services in North America, – announced the opening of a new manufacturing facility in Hebron, Ohio. IMC Outdoor Living produces rubber mulch, a resilient and sustainable alternative to traditional wood mulch, made from 100% recycled tires. The new Hebron facility located 30 miles east of Columbus, OH, includes 60,000 square feet for production and an additional 70,000 square feet of warehouse space to store and ship premium rubber mulch that is used for playground and landscape applications. The new facility will allow IMC Outdoor Living to expand its presence in the Midwest and focus on serving the region’s parks and recreation departments, schools, municipalities, and government agencies.

Belgian company RISORCE (Renewable, Innovative Solutions towards Recycling & Circular Economy) has closed a €12.5M round of financing from GREEN.er (Recytyre), Noshaq, Wallonie Entreprendre and various players in the financial sector in order to build a new end-of-life tire recycling plant in the province of Liège. Using a pyrolysis process, this plant will enable the equivalent of half of Belgium’s car tires to be processed locally.

Shercom Industries, a tire processor in Saskatchewan, is awaiting a potential contract offer from Tire Stewardship of Saskatchewan (TSS) following an independent review by a provincial expert. The contract between Shercom and TSS concluded in 2020, leading to the cessation of Shercom's tire processing operations. Subsequently, TSS offered a contract to Crumb Rubber Manufacturing, a U.S.-based company, for tire processing in southern Saskatchewan. Shercom has now positioned itself as a contender for a contract to handle tire processing in the northern part of the province.

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.

Large industrial companies are involved at a crucial point in the process of sustainable tire recycling. AZUR network coordinator Christina Guth welcomes the joining of Zeppelin Systems GmbH at the turn of the year: "With the Zeppelin systems, the tire recycling cycle is efficiently closed." Zeppelin is one of the world's leading system manufacturers that specializes in the development of components and plants for the handling (storage, conveying, mixing, dosing and weighing) of high-quality bulk materials. Zeppelin Systems has many years of experience in blending plants and also covers all processes in the rubber and tire industry down to the smallest detail.

ITOCHU Corporation, headquartered in Minato-ku, Tokyo, recently announced that it had agreed the acquisition of Murfitts Group Ltd, headquartered in Lakenheath, U.K., a tire recycling company based in the United Kingdom. The acquisition has been made through the ITOCHU subsidiary European Tyre Enterprise Limited (ETEL), a a tire wholesaler and retailer based in the U.K. In the United Kingdom, ETEL operates an extensive network of retail centers, under the well-known Kwik Fit brand, and nationwide wholesale tire distribution through Stapleton’s Tyre Services.

InvestChile is the Chilean government agency responsible for promoting Chile in the global market as a destination for foreign direct investment, serving as a bridge between the interests of overseas investors and the business opportunities the country offers, providing world-class services that are in line with Chile’s economic development policies. In December 2021, the Agency reported that as a part of its “European Roadshow”, InvestChile’s Managing Director Andrés Rodríguez Rowe, together with the head of the Investment Promotion Division, Salvatore Di Giovanni Vergara, met in Amsterdam, the Netherlands, with Maarten Van Randeraat, the owner of Granuband – an established tire recycling company operating in the EU and US.