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QUINCY, Ill. (July 31, 2015) — Titan International Inc. is exploring plans to expand a wheel plant in Turkey and establish wheel manufacturing capacity in Brazil to accompany its existing tire business there, Titan CEO and Chairman Maurice Taylor said during the company’s second quarter earnings presentation.

Mr. Taylor did not elaborate on Titan’s plans for either potential project, other than to mention in a Q&A session with financial analysts that Titan has signed a confidentially agreement in Brazil covering a potential acquisition.

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Malaysian investor Petra Group has announced it will invest ?12 million to create a rubber recycling manufacturing facility in the North of England, creating 90 jobs.

The announcement was made as part of a first Northern Powerhouse trade mission, which saw prime minister David Cameron and business secretary Sajod Javid lead 62 companies from Northern England to Singapore and Malaysia.

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Tyres are abundant, have relatively short life cycles and are a very difficult product to deal with at the end of their usage period. Estimates suggest that over 55 million tyres are currently disposed of every year in the UK, entering the waste stream. 32% of those are turned into powder, while 25% are burned to produce energy – not the highest value opportunities in terms of materials or energy. Fortunately, a new research project, taking place at Imperial College London and including collaborators Iceland Tyres, JW Froehlich, EWD Recycling and HSSMi, may have a technological answer to maximise tyre value at end of life.

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Tasmanian trucking operators may soon have a new alternative for disposing old tyres with an $8.5 million recycling plant to be constructed by Green Distillation Technologies (GDT) in the state.

The Longford facility will operate continuously from its predicted launch in June next year reducing 658,000 car and truck tyres annually into saleable commodities of carbon, oil and steel.

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SACRAMENTO, Calif.—The California Assembly has passed Assembly Bill 1239, a bill designed to expand tire recycling programs within the state.

Approved in the Assembly June 3, AB 1239 would establish a Tire Recycling Incentive Program in California, according to the bill summary on the Assembly website.

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