Indian recycling companies, such as Indo Green Enviro, are penetrating the global market, emerging as key machinery suppliers and acquiring companies to establish permanent bases overseas
The Pune headquartered recycling machinery producer Indo Green Enviro Pvt Ltd is gearing-up to establish a full-fledged manufacturing base in Europe. “Indo Green Enviro has made strategic investments in a Turkish company during 2023. This will be converted into full-fledged equity by the end of 2024. The details of the deal will be shared through a joint announcement by both the partners in the forthcoming IFAT Mumbai Expo,” confided Rohan Rane, Vice President (Marketing), Indo Green Enviro Pvt Ltd, in an interaction at the recently concluded conclave on the tyre and rubber recycling industry at Jaipur (Rajasthan) organised by Tyre & Rubber Recyclers Association of India (TRRAI). The brand will also go through a fresh rebranding from the next year.
IFAT 2024 is scheduled to be held in Mumbai in the middle of October later this year.
The Turkish based site is located in northwestern city of Eskişehir and serves the European as well as the Indian market for certain models and will produce 12-15 types of various recycling lines annually.
On responding to what led the company to invest in Turkey, Rane said; “The Turkish company has sound engineering knowledge, and we would like to take advantage of it considering the opportunities emerging in the recycling sector all over the world.”
With two manufacturing bases, the company is poised to service the Asian, Middle Eastern, and European markets with specialised tyre shredding equipment.
Both the Pune and Turkish sites compliment with each other, while the Pune plant continues to serve the Indian, Middle Eastern & Asian markets, the Turkish unit will cater the markets of Europe and India for a few specific products.
Introduced gamechanger Crossover Rasper
Established around thirteen years ago, Indo Green Enviro manufactures complete recycling linse comprising of primary and secondary shredders, crossover rasper, granulator etc. The company emerged as disrupters in the shredding equipment market and are credited with jointly developing the Crossover Rasper with the Turkish partners.
The Crossover Rasper’s main feature is its ability to shred full tyres to 10 mm chips while liberating steel and fibre in one step. It is easy to run, maintain and comes equipped with the best components from across the world such as Yilmaz, Siemens, Rexroth, and Bohler.
The advantages include the versatility of being able to process any input size thus eliminating the need for multiple shredding equipment. The cost of processing is one of the lowest in the industry with sole motto to make the recycler more profitable.
“More than 30 Crossover Rasper’s are working successfully in various applications. This year will see more than a dozen crossovers being installed in the Indian sub-continent. Talks are on for other markets including the US.”
Expects 33% growth in the business in 2024 per cent
Meanwhile the company is expecting almost 33% surge in its business in this fiscal year. “We are supplying on an average 12 lines annually but we are expecting to supply 16 lines in the current fiscal. The Crossover Rasper has emerged as a gamechanger in our increasing volumes.”
Indo Green Enviro has forged number of strategic relationships from the beginning like it used to be a channel partner of Eldan Recycling in 2008. The company also worked as a sales and service partner of Granutech Saturn System (USA) from 2012 for shredders. It also tied-up with Arjes (Germany) from 2021 for primary shredders for Indian subcontinent.
Indo Green Enviro has specialised in setting-up used tyre recycling plants across continents for the past decade.
