Page 58 - RB-98-2021-3

BUSINESS BREAKTHROUGH AWARD
In recognition of a significant impact in terms of new market entry or growth by a company active within the tyre retreading or recycling sector
RECIRCLE AWARDS 2021
“We are keen on spreading our technology worldwide to fulfil the mission of providing customized, efficient and heavy-duty advanced recycling technology
to the world, along with spreading awareness about its environmental and economic benefits.”
– Jignesh Kundaria
Fornnax
Based in Ahmedabad, India, Fornnax Recycling Technology is a fast-growing manufacturer of tyre shredding equipment and
granulators, offering a range of primary and secondary shredders as well as complete tyre recycling plants.
Managed by Indian entrepreneur Jignesh Kundaria, the company has expanded rapidly within the tyre recycling sector in its domestic
market and is now focusing on increasing its profile on a global basis including a sales agency in South America.
The company is scouting for sales partners in different geographies in order to expand its presence in the international market, with
Europe emerging as the major market of focus including countries such as Germany, the UK and Italy. Progress is also being made in
Australia. The company appointed a sales partner in Bogota, Colombia in 2017.
Fornnax is focusing on tyre recycling equipment as the company believes that unrecycled tyre waste is a global problem and its non-
biodegradability, easy flammability, leaching of toxic chemicals into ground on dumping and release of harmful fumes on incineration.
“Scrap tyres pose a huge challenge in recycling and disposal due to the thickness and presence of multiple materials,” says the company. “The
proper recycling of waste tyres helps in reducing such problems by resource recovery and generate employment and business opportunities to the ever-
rising population.”
NOMINEES
Gradeall
Gradeall International Ltd, with headquarters
in Dungannon, Northern Ireland, world leading manufacturer of balers, compactors, tyre recycling machines and specialist bespoke recycling machinery. The company has grown from being a small manufacturer servicing the Northern Irish market, to becoming a leading international recycling manufacturer supplying overseas markets.
ITRS/Vulcan-Vulcap
The Canadian Vulcan-Vulcap brand, acquired by ITRS in
2018, specialises in heavy duty tyre repair equipment.
The company, best known in the North American
market, but with a strong presence in Latin America and other markets around the world, has been particularly active in 2020 with the appointment of a new sales manager and the signing of new distribution agreements with Shamrock Marketing and B&J Rocket.
NeroForce
NeroForce is a Leipheim, Germany based start-up, which supplies equipment and accessories to the tyre retreading sector. Under the management of Andreas Mueller, the company has expanded rapidly to take on a number of key distributorships as well as developing some key products of its own such as its Densolit range of carbide tools.
Silvercap
Silvercap, part of the Brazilian owned ADR Group,
with manufacturing facilities in Uruguay, is a fast-
growing tread rubber manufacturer, which since its establishment in 2014 has established a strong base in South American markets. The company is now actively looking to expand its presence on a more international basis.
XXXII Recircle Awards 2021