South Africa's Mathe Group receives Waste Management License for its new tire recycling facility
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.