Tyromer Asia
Regional Comprehensive Economic Partnership (RCEP)
RCEP is a free trade agreement composed of ten ASEAN countries plus China, Japan, South Korea, Australia and New Zealand, totally 15 countries aiming to establish a modern, comprehensive, high-quality economic partnership with common interests.RCEP has a GDP of US$26 trillion, a trade volume of US$10.4 trillion, and a population of 2.2 billion, covering 30% of the global economy and population, ranking first in the global regional free trade agreement.
The implementation of the RCEP agreement reflects the integration of the Asian regional economy, which will accelerate the transfer of global production and procurement activities to Asia, and the development of manufacturing and international trade in Asia.
Tyromer Enters The Pan-Indian Market.
March 30, 2024 — Tyromer Technology Asia Ltd. (TTA) and Tyromer India Ltd. (TIL) have signed a ‘pan-Indian cooperation agreement’, granting TIL exclusive rights to utilize TTA’s chemical-free desulfurization technology system across India.
This partnership builds on their initial collaboration in late 2022, when TIL ordered TTA’s latest desulfurization system. The system is now operational at TIL’s newly constructed TDP production plant in Tamil Nadu, India — the country’s first TDP facility dedicated to bringing clean energy solutions to the local tire market.
Since the collaboration between TTA and TIL began, both teams have maintained strong synergy and a mutually beneficial approach to market expansion. Currently, key clients in India include Apollo Tyres (one of the world’s top 15 tire manufacturers), alongside close partnerships with multiple other tire companies. To meet growing client demands, TIL has decided to expand its investment by procuring additional Trimax desulfurization systems, strategically deploy these systems across pan-India, and extend its services to the broader Asia-Pacific region.
The China Market
China is a major tire manufacturing country, having six tire companies ranked in the world Top 30 consuming about 50% of the global rubber supply. Since China is not a major producer of rubber, the tire industry must rely on imports, so rubber has always been considered as a strategic material. To reuse rubber China has developed a huge industry in rubber reclaiming using chemicals to process waste rubber, producing annually over 5.5 million tons of reclaimed rubber yearly accounting for more than 90 % of the global output.
The chemical process, in addition to causing many environmental problems, breaks not only the sulfur bond but the rubber molecules. As a result, dynamic properties needed for tire rubber lost. Giving that, chemical reclaim rubber is basically used only in general rubber products.
Using TDP to replace chemical reclaimed rubber can greatly reduce the use of chemicals. Since China tire industry consumed around 15 million tons of rubber compound yearly mostly imported. Using TDP can also provide a stable domestic tire rubber source, reduces its dependence on imports and reduce its carbon footprint.
Reclaim: Devulcanized Rubber from chemical reclaiming.
Cooperation and Licensing
Tyromer’s Commercial and Social Value
Productive and Stable Income
Tyromer is very reputable in green tech industry, customers including global leading tire brands, rubber compounders and international distributors
Promoting a Low Carbon Economy
Cope with the global low-carbon strategy, enhancing the competitiveness, growth and economic benefits of the enterprises in a sustainable way
Building a Pleasant World
Addresses investor responsibility to drive industrial green and facility environmental as well as ecological culture protection
Huge Potential
Possessing of technical and industrial knowledge, trade secrets, production technology for global development