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Tyrec (Pty) Ltd

Year: 2016

Location

South Africa

Sector

Waste Management

Stage

Idea Stage
Overview

Tyrec (Pty) Ltd is a South African waste tyre beneficiation and circular economy company focused on transforming end-of-life tyres (ELTs) into valuable, environmentally sustainable products and industrial raw materials. The company addresses the growing challenge of waste tyre accumulation by recovering useful resources and converting waste into commercially viable products for the energy, construction, manufacturing and industrial sectors.

Tyrec’s core activities include the collection, processing and beneficiation of waste tyres through mechanical and thermal processing technologies. The company produces and targets products including rubber crumbs, tyre chips, recovered steel, tyre-derived oil (TDO), recovered carbon black (rCB) and tyre-derived fuels. Through advanced tyre pyrolysis technology, Tyrec aims to recover hydrocarbons and carbon materials from waste tyres and further develop higher-value products such as refined low-sulphur fuels and activated carbon.

The company’s business model is built around the principles of the circular economy, resource efficiency and waste-to-value. By diverting end-of-life tyres from illegal dumping, uncontrolled stockpiling and disposal, Tyrec reduces environmental risks while recovering materials that can be reintroduced into productive economic use. The business also supports local manufacturing, skills development and green job creation.

Tyrec’s long-term vision is to establish scalable, commercially sustainable ELT beneficiation facilities across South Africa and contribute to the development of a stronger domestic recycling and resource-recovery industry. The company aims to build strategic partnerships with tyre suppliers, technology providers, industrial customers, fuel users and other value-chain participants to create sustainable markets for its products.

Tyrec combines environmental responsibility, technological innovation and commercial value creation to turn waste tyres into resources while contributing to South Africa’s transition towards a more sustainable and circular economy.

Investment Needs

$20 000 000,00

Invested Value to Date:

$0,00

Funding Gap:

$20 000 000,00

Climate Classification:

Cross cutting

Why Investing

1
Waste-to-Value Business Model
Tyrec transforms end-of-life tyres, a difficult and growing waste stream, into commercially valuable products including rubber, recovered steel, tyre-derived oil, carbon, and fuels, serving multiple industrial markets.
2
Multiple Revenue Streams from One Feedstock
The ability to recover several materials from a single tyre creates a diversified revenue model while reducing dependence on any one product or market and enabling higher-value processing opportunities.
3
Scalable Circular Manufacturing Opportunity
Tyrec can expand processing capacity and replicate its model across South Africa and other African markets, while building local manufacturing capacity, reducing waste, creating green jobs, and reducing reliance on imported materials.
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