Tyre Pyrolysis Plant Boosts Octagon Profits
Malaysia’s Octagon Consolidated Bhd, operator of what is said to currently be the world’s largest tyre pyrolysis facility, expects its green energy division to contribute as much as 30 per cent to both company turnover and pre-tax profit in the financial year ending October. The company commissioned the 120 tonne per day plant in May, after more than four years of development.