Biocom to invest USD 12mn in tyre-recycling plant

Italian-Colombian company Biocompania (Biocom) has announced plans to invest USD 12mn (EUR 8.59mn) in a new tyre-recycling plant in La Tebaida, in the Colombian department of Quindio. The new 10,000m2 facility will become operational within three months. It will hold the capacity to process 60,000 tonnes of tyres per year, although it will initially operate at only 20% of its full capacity.

Some of the products Biocom will produce by recycling tyres include rubber dust which can be used in the elaboration of certain types of asphalt. It is estimated that around 5mn tyres, including motorbike tyres, are disposed of every year in Colombia.

Publication: Esmerk - News monitoring
Provider: Esmerk
February 3, 2010

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