Recyclus will support the Governmental, economic, social agendas for a cleaner and better environment to live using a scalable business model to maximise the margins of up-cycled materials in both batteries and tyres.
Effective recycling provides steel, oil, carbon black back into the market, providing a solution that in turn generates value from the commodity markets.
The annual growth of 3-4% in the tyre market is forcing alternative disposal methods, the industry needs transparency and accountability and the government are looking for innovative solutions. This provides a unique opportunity to realise a share of the £200m UK tyre recycling market.
The end of life tyres recycling market is currently disorganised and often wrongly disposed. There is demand from governments and corporates for more sustainable solutions, which includes national capability that isn’t reliant on and at risk to the export requirements for waste.
Recyclus is investing into existing, permitted, cash generative businesses within the UK.
Recyclus Group will utilise funding to drive, with UK recycling technology partners, the commercialisation of emerging clean technologies by adding operational and strategic value.
Recyclus are investing into companies that leverage the innovative, green, pyrolysis process which decomposes the tyres into component parts, providing steel, oil, gas and carbon black for further sale as commodities back into the market.