Tire RecyclingDriving in Change - Why Klean entered the tire recycling business
Explosive population growth, improved living standards, and increasing industrialization are causing a surge in global demand for land based transportation of goods and services. Klean has completed a vast amount of research and due diligence on over 1,500 projects and technology developments relating to this specific supply chain and its industrial footprint on the planet.
The critical data underpins the findings and we have found that the infrastructure for supporting the stable supply of resources for the automotive, plastic, tire and rubber related industries, is crumbling under poor resource management for the supply and demand for servicing the current and expanding market place.
Klean's lifecycle analysis has led us to understand the intimate relationships of this supply chain and market place like no other company in the industry. The industry is now facing new regulatory change, environmental concerns and restructuring due to poor resource management and the overall escalating raw material costs. On top of these compounding conditions the recycling technologies and treatment facilities that service these industries are outdated and insufficiently developed for the volume of current and future production.
Against this backdrop, Klean made a transition into the resource recovery and recycling business, through strategic technology investments in Asia, North America and Europe, establishing itself as a vertically integrated energy company that has a comprehensive approach to renewable energy and sustainable commodities infrastructure. Klean has a global reach and is facing strong growth opportunities in a market set to exceed US$1 trillion by 2025. The current market place exceeds $200 billion annually and has a growth rate of 5.9% annually, the tire and rubber related market alone has tripled in less than 20 years.
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