GURUGRAM, India—Apollo Tyres Ltd. has struck a supply deal with Canadian waste tire recycler Tyromer Inc. to help it achieve its long-term sustainability goals.
"Producing new tires using the sustainable raw materials is currently the most efficient path to meet our circular economy goals," P.K. Mohamed, chief adviser, research and development, for Apollo, said.
As part of the partnership, Tyromer's Indian subsidiary Tyromer India L.L.P. will supply Apollo with recycled rubber materials that are generated through Tyromer's proprietary non-chemical devulcanization of end-of-life tires.
"This partnership with Tyromer is a step towards achieving our sustainability goals," Mohamed said.
Apollo said using a metric ton of tire-derived polymers (TDP) can save greenhouse gas emissions equivalent to four passenger vehicles driven for a year.