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ISCC awards Enviro Systems recovered oil and carbon black products with sustainability certification
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Focus on the Cement Industry for Maximum Gains in the Tyre Derived Fuel (TDF) Market, Says Fairfield Market Research
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Recovered Carbon Black Market Research Report by Type, by Grade, by End-User, by Application, by Region – Global Forecast to 2026 – Cumulative Impact of COVID-19
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LONDON, Feb. 9, 2021 /PRNewswire/ Fairfield Market Research s latest report studies the global tyre-derived fuel market as the world looks at turning waste to energy. The report estimates that one billion scrap tyres are generated and another four billion are added to the stockpile each year. According to the report, the
global tyre-derived fuel (TDF) market was worth US$365.1 Mn in 2019 and is expected to reach US$430.3 Mn by 2025. The growing sentiment towards utilizing greener energies is creating the demand for tyre-derived fuel, predict analysts.
Economical and Affordable Characteristics to Fuel Market Growth
Tyre-derived fuel is less expensive than conventional fuel. The sheer size of the tyre waste generated on a daily basis is incentive enough for major players in this market not only to invest in the scalability but also to satiate the increasing usage in the coming years. No prerequisite of exploration makes tyre-derived fuel fa
Enviro, Michelin ink strategic partnership agreements
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Stockholm – Scandinavian Enviro Systems (Enviro) and Michelin have finally signed “definitive agreements” as the basis of a strategic partnership for the processing of end-of-life tires (ELTs).
The agreements cover a jointly owned plant for the recycling of ELTs in Chile, Michelin’s payment for use of Enviro’s patented technology, and payment for the use of Enviro technology and services at the JV facility.
Announced 8 Feb, the signings deliver on a letter-of-intent revealed last April, though remain subject to approval by Enviro shareholders at a soon-to-be-arranged EGM.
With capacity to recycle 30,000 tonnes of construction equipment tires a year, the Chilean unit will be operated by a joint venture owned 90% by Michelin and 10% by Enviro.