Year: 2016
Location
South AfricaSector
Waste ManagementStage
Idea StageTyrec (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
$20 000 000,00Invested Value to Date:
$0,00Funding Gap:
$20 000 000,00Climate Classification:
Cross cutting
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