Funding boost for tyre recycling
News in briefA grant of more than £130,000 has been pumped into a London-based tyre recycling facility to boost the disposal of used tyres in the UK.
The Enhance Capital Fund, the support service for green enterprises in London, announced the grant to London Tyre Recycling this week.
The money will be used for equipment to shred tyres and reprocess them into rubber chips that can be used to manufacture new products such as artificial sports surfaces, landscaping and mulches.
Every day more than 131,00 worn tyres are taken off cars, vans and trucks in the UK adding up to more than 48m tyres per year. The EU Landfill Directive bans most of these from being sent to landfill.
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