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Tyre recycler in administration draws buyers' interest

Buyers for the cryogenic tyre recycler TyreGenics, which went into administration in January, could be found within months, a company spokesman has said. The recycler was forced into administration, appointing administrator Begbies Traynor, on 15 January after facing a perfect storm of technical difficulties and an unprecedented market downturn.When MRW spoke to commercial director Grant Lloyd in September 2008, he was positive about the future ...