
The Green Distillation Technologies process of recycling old tyres into oil, carbon and steel was featured on the top rated Network Ten program The Project last week.
It is good to see that our original Australian technology continues to be recognised as an outstanding business investment opportunity as that is the vital key element required at this important stage in the commercial development of GDT’s technology.
It is even more important at this time with the banning of the major proportion of our end-of-life tyres in the form of crumb or chipped rubber that was previously exported has to now be processed in Australia.
This spells opportunity time for GDT as this will inevitably drive the need in growth in Australian tyre processing capacity to handle the increased volume.