Qld Govt supports ATP’s Revolutionary Tyre Waste Recovery

In June, the Minister for State Development, Manufacturing, Infrastructure and Planning, Cameron Dick announced Yatala-based Australian Tyre Processors (ATP), will receive $800,000 to collect and process end-of-life tyres to make reusable products such as tyre shred, scrap steel and rubber crumb.

The funding is part of the Queensland government’s Resource Recovery Industry Development Program (RRIDP), creating jobs and diverting waste from landfill.

ATP’s grant application was the first successful grant allocation from over 120 expressions of interest. The submission outlined the full life cycle of tyre resource recovery, beginning with the ATP tyre collection which supplies a Thermal Desorption Process, shredding the tyre material to create fuels oils, steel and carbon, with no harmful emissions. The process was deemed by the government to be a true resource recovery program.

Mr Dick said, “The high number of applications received demonstrates the enthusiasm and opportunity for businesses to grow and help change the face of Queensland’s resource recovery industry.

“We are on the cusp of a recycling and resource recovery boom, with our dollar-for-dollar capital grants of between $50,000 and $5 million set to propel the development of this growing high-value industry in Queensland.”

ATP Director, Mick Carroll said the company was established in 2017 to process end-of-life tyres into products that can be used for road base, tip cover, landscaping products and playground safety surfaces.

“The company will be investing a further $800,000 – bringing the total investment to $1.6 million – to set up a processing plant and to buy equipment and enable the expansion into processing large mining truck tyres,” Mr Carroll said.

Source: http://statements.qld.gov.au/Statement/2019/6/19/gold-coast-company-first-to-benefit-from-resource-recovery-fund

25 June 2019

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