Asia – The Central China Rubber Resources Recycling Industrial Park has broken ground in Xiangyang, Hubei province. Entailing an estimated investment of US$ 340 million and covering an area of 7.5 million square feet, the enterprise will become the country’s largest rubber recycling park.
The aim will be to process the equivalent of 400 000 tonnes of end-of-life tyres on an annual basis, including a capacity of 300 000 tonnes per year for rubber modified asphalt as well as 100 000 tonnes per annum for recycled rubber.
The park will feature sections for manufacturing, processing, trading, storage and research. Also, it is intended that the facility will function as a link between upstream and downstream sectors, as well as providing rubber recycling solutions.