Ontario's Largest Tire Recycler Welcomes McGuinty Government Announcement



    TORONTO, Aug. 15 /CNW Telbec/ - Jenny R. Stranges, CEO of Recovery
Technologies (Canada) (RTC), is pleased that Premier McGuinty's Government, in
particular John Gerretsen, Minister of the Environment, is taking a leadership
role in requesting a tire recycling regime for Ontario.
    Recovery Technologies business is largely focused on the export-oriented
sales of recycled crumb rubber. "RTC's processing capacity is now over
4.5 million passenger-tire equivalents per year," said Ms. Stranges. "The
shortage of economically viable scrap tires, combined with the strong Canadian
dollar has resulted in significantly less tires being recycled for new uses.
Instead they are being shipped to landfills or outside the province to be
burned in power plants and cement kilns. This has had a very negative impact
on our business."
    RTC applauds Minister Gerretsen's initiative and particularly the urgency
of getting a detailed program back to the Government before the end of the
year.
    "Time is of the essence", said Ms. Stranges. "If the program is not
actually in place by next year the existing Ontario tire recyclers, including
RTC, will have a difficult time staying in business. The economic and
environmental impacts of that would be inexcusable."




For further information:

For further information: Jenny Stranges, CEO, Recovery Technologies,
(519) 740-6801 ext. 220, jenny.stranges@rtechcorp.com

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RECOVERY TECHNOLOGIES

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