Two continental partners have are to develop, construct and sell complete plants for shredding and reprocessing vehicle tyres.
The partners are the German Pallmann Group, a developer of size-reduction technologies, and the Spanish company GMN, a tyre recycler.
The two have been working together since 2004. Rubber, steel and textile fractions of tyres are extracted and sorted from used car and lorry tyres. The separated materials are then sold on for reprocessing into various applications.
The pair say that tyres that do not go directly back into retreads have until now typically been ground up and burnt on an industrial level - in cement plants for example.
GMN and Pallmann are taking their new plant to the market under the Ecotrec banner.
A joint statement said: “Ecotrec systems create high added-value raw materials that can be sold at attractive prices. There is a large market for the pure steel, for example, while the high-quality, pure rubber fraction can be produced in different, easy-to-process granule sizes that can be sold at interesting prices directly to producers of tyres or other products.
“Other applications, such as the use of the rubber granules as aggregate in asphalt mixtures, offer sales opportunities that are interesting on both economic and technical levels.”