The new facility will have a recycling capacity of 30 000 tonnes per year. Michelin says this represents roughly 60% tyres scrapped annually in Chile. More than EUR 50 million will be invested in the site, which is scheduled to become operational in 2023.

Enviro underlines that its technology makes it possible to recover all materials in an end-of-life tyre for high-quality applications.

Current plans call for 90% of the recovered materials to be reused in a variety of rubber-based products, such as tyres, conveyor belts and anti-vibration products. The remaining 10% will serve to generate heat and power for the recycling plant.

♻️ #circulareconomy Breaking News! We are building our 1st #recycling plant in a joint venture with @envirosystemsAB! The innovative breakthrough, designed to recycle everything in end-of-life tires sets a major milestone in #MichelinSustainableStrategy:https://t.co/q5UFzztF19 pic.twitter.com/GypzRsxigY

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