The Leading Journal for the Tyre Recycling Sector

The Leading Journal for the Tyre Recycling Sector

Sao Paulo Encourages Investment in Recycling

São Paulo, Governor Geraldo Alckmin has announced a package of incentive measures for São Paulo industry. He will sign decrees that will benefit several industry sectors including tyre recycling.

New Announcement Designed to Stimulate Economy

The measures, according to the government, aim to stimulate the competitiveness of the economy and the generation of employment and income in the face of the ongoing economic crisis.

The governor’s decree extends the existing benefits, which expire on December 31, 2016, until December 31, 2017. The goal is for the sector to invest in new businesses in São Paulo and create more jobs, the government says.