EMERGING MARKETS MAKE TYRE RECYCLING A BIG GLOBAL BUSINESS
October 1st, 2010
BY DEIRDRE MASON
SALES of new cars are still holding up surprisingly well despite the global downturn, but within a few years of their purchase, how many of them will be running on retread tyres?
The signs are that the market for retread and recycled tyres will grow, as world demand for rubber grows, particularly in China. The Handy Shipping Guide, a global freight and shipping directory, says that China is the world's single biggest consumer of rubber so far "Analysts estimate that China will import around 6.5 million tonnes this year alone and much of ...
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