CTS will build a $20 million tyre recycling facility will be built in the Meridian Park industrial estate at Neerabup, Australia. This will replace a proposed plant at the Jandakot Airport site.
CTS has secured freehold land at the new Meridian Park industrial estate in Neerabup in a deal valued at $4.8-million. It takes total investment to more than $20-million for the new facility.
The new property is larger than the Jandakot site and is close to main highways.
The site area is 2.29ha, or almost 23,000sqm, across two adjacent lots and offers more hard stand and storage space than the original site.
CTS managing director Leigh Cometti expects the facility to open this year.
The plant includes an Australian-first pre-shredder that enables the recycling of off-the-road tyres used on mining trucks. Traditionally, these tyres were too big to recycle once worn out and were instead buried on site.
Source: Perth News