

Funding required for innovative tyre recycling business
Thu, 06 Mar 2008 17:50
Region
KwaZulu-Natal
South Africa
Sector
Manufacturing
KwaZulu-Natal
South Africa
Sector
Manufacturing
Summary:
A company in KwaZulu Natal will be recycling scrap tyres by separating steel from rubber, grinding rubber to granules and powder and exporting the final product to Australia
Ikusasa Lesizwe Recycling & Manufacturing cc
Ikusasa Lesizwe will be recycling scrap tyres by separating steel from rubber, grinding rubber to granules and powder and exporting the final product to Australia as the company will be securing a five-year buy-back contract with Rubbersolution Pty Ltd. This is a turnkey plant and there is no combustion at all.
| Product | Nominal capacity | Planned annual sales | % Export |
| Mesh Powder/Ton | Per Ton | 2778 | 100% |
| 1-4mm Granules | Per Ton | 2778 | 100% |
| 12-15 Granules | Per Ton | 2778 | 100% |
| Steel Product | Per Ton | 2532 |
Annual sales are estimated at R8.37-million.
Start-up funding investment of R14.2-million is required, inclusive of buying of machinery, shipping, commissioning and staff training.





