Michelin building world first tyre recycling plant in Chile
At the front from Michelin Group: Sonia Artinian-Fredou, Executive Vice President High Tech Materials - Member of the Group Executive Committee; Noémie Assenat, Vice President Director Mergers & Acquisitions Group; and Sander Vermeulen, Vice President Marketing & Business Development Strategy & New Businesses High-Tech Materials. In the background Michelin’s Enviro business partners (remotely): Alf Blomqvist (Chairman of the board of Enviro); ina Macpherson (member of the board of Enviro); Thomas Sörensson (CEO of Enviro); and Urban Folcker (CFO of Enviro). (Photo: Michelin; Enviro)
Michelin is investing US$30 million in building its first tyre recycling plant in the world in Chile. The project is the result of Michelin’s ongoing collaboration with Enviro, a Swedish company that has developed a patented technology to recover carbon black, oil, steel and gas from end-of-life tyres.
Located in Chile’s Antofagasta region, the plant will be able to recycle 30,000 tons of earthmover tyres a year, or nearly 60 per cent of such tyres scrapped every year nationwide. Work will begin this year, with production scheduled to get underway in 2023.
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