Hungarian recycler, AquaJet, has invested HUF 750 million in doubling production capacity at its environmentally friendly tyre recycling plant in Harta, central Hungary.
The company received a HUF 412 million grant for the project from the Norway Grants supporting green industry innovation.
Annual capacity has risen from 380 tons to nearly 770 tons. The plant is now able to process more tyre types, while efficiency has increased thanks to a reduction in energy use.
According to the companyʼs own website, "Aquajet is a novel approach to recycle tyres into small-enough, high-quality rubber particles for reuse in tyre products." The plant uses high-pressure water jets to grind down tyres into reusable particles.