Updated: May 6
Changing Waste to Eco-friendly Commerce.
An average of $2.50 per tire is collected for each discarded tire. Discarded tires make up the raw materials for production. Each tire generates $14 in composite sales. So, ($2.50 + $14) is $16.50/tire. Biotech Tire Recycling's annual production capacity is 1,200,000 tires per year. This means gross revenues of ($16.50 x 1,200,000 tires) generates annual revenues of $19,800,000.