
Gravita India to acquire first European end-of-life tire recycling plant in Romania
Gravita India Limited has announced that its step-down subsidiary, Gravita Netherlands BV (GNBV), has signed a memorandum of understanding (MOU) to acquire a waste tire recycling plant in Romania. This will mark Gravita's first recycling facility in Europe, with a capacity of approximately 17,000 MTPA. The company already operates 12 state-of-the-art recycling facilities across Asia and Africa, with a total capacity of over 300,000 MTPA in various recycling sectors.