Following the news that a fire had caused some damage to the Welsh TyreGenics operation last Friday (27 March), a spokesperson for Begbies Traynor, administrators of TyreGenics got in touch with Tyres & Accessories to explain that the damage was sustained by a storage facility and not the plant itself, while also revealing that the administrator was confidant of finding a buyer for the business. The business announced that it had gone into administration earlier in January, 18 months after opening as a joint venture between Credential Environmental, BOC, FieldTurf Tarkett and RTI Cryogenics in July 2007. The £4 million recycling plant has a processing capacity of 80 tonnes per day.

The spokesperson stated last Friday: “Last night we were made aware that a large fire had started at a secure outdoor storage facility that TyreGenics leases from a local haulage firm around half a mile from the TyreGenics plant at Baglan Industrial Estate. There were around 2,500 one tonne bags of recycled rubber crumb at the facility and all of this product appears to have been lost to the fire, the cause of which is being investigated by the police. Although the fire produced large amounts of thick black smoke, the fumes were not toxic.”