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Mar 27, 2024
Fornnax Technology to supply machinery to Tyre Collection Australia

With increasing demand for tyre shred globally, rubber machinery manufacturers in India are gearing up to meet demand of the overseas units. India being the largest importer of scrap tyres globally and considerable volumes of scrap tyres are imported from Australia, Tyre Collection Australia, started in 2018 in Melbourne, also engaged in tyre recycling is sourcing its machinery form the India-based Fornnax Technlogy.

"We are installing the second line at the Melbourne site to increase the tyre recycling capacity by three-times", said Chetan Joshi, Managing Director, Tyre Collection Australia at the India Rubber Expo 2024 at Mumbai.

Currently, the Tyre Collection Australian plant is functional on Fornnax Dual-Shaft SR-150 Primary Shredder, supplied by Fornnax Technology, with a capacity of ten tons per hour. "We are ordering a second primary shredder SR-200 HD, launched at IRE 2024, with a tyre shredding capacity of 25 ton per hour. Once the new line is functional, the capacity will be expanded by three-times to 35 ton per hour". The high-capacity model enables the recycling of truck tyres.

Interestingly, Chetan Joshi, who is also connected with Maya Greentech as a Chairperson is investing in a new tyre recycling plant in Southern part of India. "We are setting-up a new recycling plant with an investment of about $2 million, on a 7 acre plot at Chittoor in Andhra Pradesh. The new plant will be functional by the middle of 2024".

The upcoming Chittoor site will be installed with two Fornnax Technology R-4000 HD secondary shredders. The Australian plant is functional on primary shredders. "The new plant imports tyre shreds from Australian plant for further value addition like downsizing to crumb", informed Vineet Reddy, a partner in the Chittoor based tyre recycling venture and a founding member in Maya Greentech. The Chittoor based unit is registered as Maya Recyclage Pvt Ltd.

The strategy of hiking capacity in Australia and investing in new plant in India is to connect the Chittoor plant with supplies from Tyre Collection Australia. After recycling in Australia, the recycled shreds will be shipped to the Chittoor plant for further processing. Indian companies are taking advantage of expanding opportunities in the domestic market and increasing demand for tyre recycling in Australia.

Domestically, the in its endeavor to expand along with its network of business beyond borders has acquired 23 acre plot in Ahmedabad for their upcoming facility, which is going to be one of the biggest tyre recycling machinery manufacturing site in the world. This was informed by Jignesh Kundaria, Managing Director, Fornnax Technology in an exclusive interaction at India Rubber Expo (IRE) in Mumbai.

The upcoming site will emerge as worlds' biggest shredding and recycling machinery manufacturing site. "The new site, which should be functional by March 2025, will focus on the production of high-capacity recycling machinery having application in tyre, municipal waste and metal".

The investment in new site is line with Fornnax Technology's growing commitments in the domestic and international market and the company is not finding it possible to expand at the current location. When asked about investment in the upcoming site, he confided, "The new site entails an investment of INR 1 billion in land and equipment".

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