Shandong, China - Shandong Urban-Mining Environmental Protection Group and Korea's Dorea Group have jointly developed and set up China's first waste tire recycling facilities using micro vacuum pyrolysis technology.
The 40 kilotonnes/year operation, including two production lines, went into operation in August 2014 at Xiaying Industrial Park in Weifang, Shandong province. It has received 30 million Yuan (€4 million) investment, said Shandong Urban-Mining.
The whole project, with a 100kT/year waste tire processing capacity, is expected to be completed within 2015 and generate more than 500 million Yuan (€72 million) annual production value when in operation.
The pyrolysis technology has a 100% recycling efficiency, turning 35-40% of the waste materials into industrial carbon black, 40-50% into fuel oil, 10-15% into steel wire and 10-15% into combustible gas, which is retrieved and then used as energy source in the facility, said Shandong Urban-Mining's website.
According to Shandong Urban-Mining's strategic development department, there are over 10 million tonnes of waste tires in China each year, and only 30% of those are recycled.
Shandong Urban-Mining is headquartered in Jinan, Shandong province with over 1000 employees and an annual output value of 1 billion Yuan (€143 million), covering an area of 800,000 square metres.
*The people I talked to refused to be quoted by name. According to them the company haven't applied for government subsidies.