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Finn Johnsson is Proposed as Chairman of Cassandra Oil

David Wilson
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Finn Johnsson has had a long career in senior management positions in Sweden and internationally. His CEO assignments includes Euroc, United Distillers and Mölnlycke Healthcare with his board assignments include AB  Volvo, Industrivärden, Skanska, Perstorp, Aker and Guinness.

New Chairman Proposed for Cassandra Oil

Finn Johnsson is currently the Chairman of Thomas Ovako, EFG European Furniture Group, Geveko and MVI. Cassandra Oil’s Annual General A meeting will be held on June 16, 2015 in Stockholm, with a subsequent visit to Vasteras. The Nomination Committee’s complete proposal for election of company Directors will be published approximately two weeks before the AGM.

“Finn Johnsson has extensive experience as an executive business leader in several sectors of the economy. In combination with his proven and successful entrepreneurships he will be a great asset to Cassandra Oil, especially in the current industrialzation phase of the company’s growth and plans. I’m excited and delighted that Finn Johnsson has accepted the assignment as Executive Chairman” says Cassandra Oil’s founder and principal owner Anders Olsson.

Australian EPA Increases Tyre Controls

David Wilson
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Australian EPA Increases Tyre Controls

New regulations developed by the Environment Protection Authority Victoria (EPA) have tightened controls on waste tyre storage to reduce the risk of hazardous fire.

Tyre Controls Enhanced by EPA in Australia

Chief Executive of the EPA, Nial Finegan said premises that stored more than 40 tonnes or 5,000 waste tyres were required to obtain a works approval and licence from the EPA.

“The number of used or waste tyres generated in Victoria each year is growing,” Mr Finegan said.

“Approximately six million waste passenger car tyres were unaccounted for in Victoria in 2012-13, believed to be stockpiled or illegally dumped,” he said.

“Tyre stockpiles are a growing hazard to the Victorian community and environment mainly due to the risk of fire.

“With the regulations place the EPA is in a strong position to take action by enforcing stringent rules on how they are stored,” Mr Finegan said.

He said the new regulations now in effect built on the work carried out under the Interim Waste Management Policy introduced in April 2014.

“Thirty-two inspections of high risk sites across Victoria were undertaken between May last year to March this year. As a result, 11 notices were issued requiring businesses to implement measures to reduce the environmental hazards posed by stockpiled waste tyres,” he said. “Another four sites are under investigation.”

Mr Finegan said EPA developed the new regulations with support from the Department of Environment, Land, Water and Planning (DELWP), Victoria’s fire services, and with input from industry associations and tyre recycling businesses.

A transitional period of six months (until 29 October 2015) applies for occupiers of existing premises to apply for an EPA licence.

MAE to Exhibit at New Orleans Show

David Wilson
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MAE to Exhibit at New Orleans Show

M.I.G. SRL – MAE Industria Gomma will be attending the North American Tire & Retread Expo in New Orleans from 19th to 21st of April, 2016 along with the official MAE distributor Central Marketing Inc.

MAE say they are looking forward to seeing customers at the show to discuss the company’s latest developments and news on MAE production.

China Auto Aims to Start Tyre Recycling

David Wilson
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China Auto Aims to Start Tyre Recycling

China Automobile Parts Holdings Ltd has announced plans to venture into the recycling of end of life tyres and other process rubber products in a joint venture with Selangor-based Sri Elastomers Sdn. Bhd.

China Auto Ready to Take on End of Life Tyres

“Sri Elastomers has the technical expertise and technology on the recycling of end of life tyres and other processed rubber products,” said a spokesman for China Auto, adding the Malaysian partner has the de-vulcanisation technology and processes to make new rubber compounds from recycled rubber.

China Automobile said the new rubber compound would be used to manufacture new rubber products.

“The objective of the agreement is to record the intention to form an alliance with Sri Elastomers to jointly venture to commercialise the technology in the city of Xiamen, Fujian Province, China,” it said.

It plans to set up a plant to recycle “end of life” tyres and other processed rubber products to produce compounds to be used in making new rubber products.

Cayman Islands Prepare Waste Tyre Tender

David Wilson
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Cayman Islands Prepare Waste Tyre Tender

The Cayman Islands Department of Environmental Health is preparing another public tender to get rid of a pile of used tyres at the country’s George Town dump. This will be the fifth attempt to find someone willing to process and remove the tyres as promptly as possible. Developers behind the proposed $360 million Ironwood community and golf resort say they would take the tyres to use for their 18-hole Arnold Palmer course but they haven’t previously responded to a tender.

Cayman Islands Government Seeking Immediate Response

Past requests for proposals to process and remove the thousands of tyres, responsible for a massive fire last year, were seeking payment but the last bid was looking for only nominal costs to be covered and for someone to simply get rid of them as quickly as possible.

The government is looking for an immediate response and DEH Director Roydell said that he is hoping that the forthcoming tender will result in the removal of, or the beginning of the processing them on site immediately.

“A new Request for Proposals for the used tyres at the landfills will be published within the next two weeks,” he explained. “It is still anticipated that the used tyres will be processed (on or off-island) as promptly as possible. We are hoping that this time around a successful tenderer will be found to do the job.”

Green Rubber to Supply Footwear Industry

David Wilson
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Green Rubber to Supply Footwear Industry

Malaysia Green Rubber plans to open a plant dedicated to producing recycled rubber for use in the footwear industry. It’s unique process called DeLink, claims to “devulcanise” rubber in order that it can be remoulded and revulcanised for a second time.

New Customers Expected for Plant

The two new customers will be Timberland and New Balance. The new facility is expected to have have the capacity to process up to 25,000 tonnes per year. And over the next three years, the company expects to produce 105 000 tonnes of recycled rubber.

As well as supplying the footwear sector Green Rubber also supplies a number of rubber consumers throughout South East Asia and China, including conveyor belt manufacturers and tyre manufacturers.

Kazakhstan Tyre Recycling Plant Reopens in Astana

David Wilson
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Production at Kazakhstan’s only tyre recycling plant has begun rolling again after being shut down for two years.

Plant Harvesting German Equipment to Ensure High Production

The German equipment and technologies used at the plant can allow up to 32,000 tons of raw material to be processed annually.

Because the plant was out of commission for two years, the company could not pay its debts. In order to actualise the project, a loan of more than $6.5 million from the Development Bank of Kazakhstan was taken. Baiterek Holding and the National Chamber of Entrepreneurs decided to write off 330 million tenge (US$1.78 million) of the plant’s debt as part of the restructuring programme.

In processing used tyres, the plant produces three products: rubber crumb, high-alloy steel and rayon. The rubber crumb is used to cover playgrounds and in sports fields, stadiums and artificial turf. They are also used in the production of railroad crossing plates, manhole covers, pavements and more. The company currently employs 25 people. The plant is looking to expand its staff to 90 employees.

According to recent statistics, around 300,000 tyres are disposed of in Kazakhstan every year.

Rapid Granulator and Eldan Under Same Ownership

David Wilson
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Rapid Granulator and Eldan Under Same Ownership

Following the acquisition of Rapid Granulator by Lifco, customers will now be able to directly access a unique portfolio of granulators and shredders, as the company joins forces with sister company Eldan, which is also owned by Lifco.

Acquisition Important Step for Rapid Granulator

Heading the two companies is Dr. Toni Reftman, who holds a Ph.D. in recycling, has been appointed to the post of CEO and Director of both companies. Dr Reftman, who was Managing Director at Eldan for the past 10 years and was previously in Business Development at Rapid for 9 years, brings a unique and unrivalled experience to this newly created post. Under his leadership, customers of the two companies will benefit from the broadest choice of solutions to meet their exact specifications.

Dr Reftman said: “This acquisition is an important step in the history of Rapid Granulator as it will bring together two successful companies that are able to offer a fully complementary portfolio – making us in effect the world’s largest recycling machine company in our field.

“Our new owner is committed to our company for the long-term bringing us back into Swedish ownership and long-term stability, enabling Rapid and Eldan to concentrate on customer service around the world.”

ETRA Brings In Big Hitters

David Wilson
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ETRA Brings In Big Hitters

The Annual European Tyre Recycling Association conference in Brussels on the 25th-27th March has brought in some big-name speakers to ensure an event worth attending.

ETRA Plan to Discuss Hard-Hitting Issues

The Keynote Speaker will be Marco Cecchetto, of the European Commission Executive Agency for SMEs. Cecchetto will talk about how the Agency can assist the development of business in the European Community.

Lead panel speakers will include Philippa Oldham of the IMECE, who will be talking about the use of rubber in industry and manufacturing and how this market establishes specifications and requirements.

Liam O’Keefe will be attending from Australia, from the Victoria State Government, to present on the opportunities for tyre recycling in Australia. And keeping the international theme will be Hermann Erdmann, CEO of REDISA in South Africa who will present on the country’s unique tyre management model, and discuss opportunities for business development in the country.

Genan Confusion Heads to Showdown

David Wilson
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Genan Confusion Heads to Showdown

Denmark’s TV2 reports that the losers in the Genan scandal are turning their legal big guns towards Bent A. Nielsen and former auditor Bjarne Nielsen.

Fallout Continues from Genan Confusion

Last Thursday PKA, Deloitte and Genan’s bankers published their rescue plans for the troubled firm. Currently, the details are being kept secret but leaked news is that the banks will agree to write off part of their debt, which according to TV2 amounts to a billion kroner, against a share of the compensation to which the auditing company Deloitte has agreed to pay.

PKA’s director, Peter Damgaard Jensen says that the institution has been in dialogue with specialised police and now PKA has hired lawyers to find out if Bent A. Nielsen could be held liable.

Genan’s bankers include SEB, Handelsbanken, FIH and Danish Bank. The latter says that it is still considering the legal follow up.

Deloitte director Anders Dons confirms that the case has entered a new phase.“This is the stage where we, together with our lawyers, assess whether there should be a legal follow up”.

UBent A. Nielsen rejected the announcements and called them ‘inappropriate’.

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