New Zealand to research tyre recycling options
New Zealand’s Ministry for the Environment has pledged NZ$135,000 (£70,000) to fund research into tyre recycling options. Environment minister Nick Smith announced on 14 March that the money will go to the Product Stewardship Foundation, who will utilise it through Tyrewise, a product stewardship programme it has established. The grant covers 79 per cent of the costs the Tyrewise project will incur and is payable upon the completion of seven milestones that culminate in readying a recycling scheme for launch.