Tinna Rubber is expanding its footprint in the Middle Eastern market by acquiring a majority stake in an Oman based tyre recycling operations. The new Oman subsidiary, which was established six months ago at Saham, 200 km from Muscat and will operate as Global Recycle LLC. The move will provide Tinna with access to the region in Gulf Cooperation Council Countries (GCC). The capacity of the project is to recycle 18,000 Metric tons annually.
Netherland
Tinna Rubber & Infrastructure Limited has also formed a 100% subsidiary in Europe and formed TRIL BV in Netherland. This entity is to further strengthen the supply chain system and to source End of Life tires for India’s operation.