Tire recycling ventures led by Chetan Joshi expand in Australia and India
Indian tire recyclers are stepping up efforts to meet the increasing demand for tire shred in the domestic market by expanding existing capacities and establishing new plants. This expansion includes setting up tire recycling units overseas to collect tires, process them into shreds, and then ship them back to India for further processing.
India stands as the world's largest importer of scrap tires, with significant volumes being imported from Australia. Tyre Collection Australia, founded by Chetan Joshi in Melbourne in 2018, is one such player engaged in tire recycling. Joshi, speaking at the India Rubber Expo 2024 in Mumbai, announced plans to increase the recycling capacity of the Melbourne site threefold by installing a second line. Currently, the Australian plant operates with an SR-150 shredder supplied by Fornnax Technology, capable of processing ten tons per hour. The addition of a new primary shredder, SR-200 HD, with a capacity of 25 tons per hour, will bring the total capacity to 35 tons per hour, facilitating the recycling of truck tires.
In a separate venture, Joshi is investing $2 million in a new tire recycling plant in Chittoor, Andhra Pradesh, India. Scheduled to be operational by mid-2024, this facility will be equipped with two Fornnax Technology R-4000 HD secondary shredders. The Chittoor plant will receive tire shreds from the Australian plant for further processing, such as downsizing to crumb rubber. This integration aims to capitalize on the expanding opportunities in both the Indian and Australian markets for tire recycling.
For more details, proceed to the original article by Tyre & Rubber Recycling magazine.
Weibold is an international consulting company specializing exclusively in end-of-life tire recycling and pyrolysis. Since 1999, we have helped companies grow and build profitable businesses.