Green Rubber Global signs €7m deal for new machinery
Kuala Lumpur - Green Rubber Global has signed a €7million agreement with YMS Process Engineering Pte Ltd for the purchase of machinery to support its patented DeLink elastomer recycling process.
News reports from Malaysia said that the company, part of Malaysian technology group, Petra Group, signed the deal for its plant at Putra Industrial Park in Selangor.
The new site is part of Petra Group’s ambitions to produce 105,000 tonnes of green rubber per year in the next three years.
To that end, the group announced in late July that it was also investing €17 million in a plant in the UK.
The green rubber product is similar to virgin rubber that can be used in high-end applications, including tires and automotive parts.
The DeLink recycling process involves micro-blasting technology to recycle rubber and produce “green rubber” for high-end products.
According to news reports, the new factory will work with a team from Tun Abdul Razak Centre in the UK, the research arm of the Malaysian Rubber Board.