EVERY year, 4 million tyres are disposed of in New Zealand, posing a grave long-term risk to the environment.
Hence, the government will provide funding of US$133,000 to the Product Stewardship Foundation to establish economic and eco-friendly ways in which the used tyres can be put to better use. Possibilities include recycling tyres for road surfacing, converting them into floor tiles, useable fuels and recycling the steel. The foundation will work with the Motor Trade Association and 3R Group to bring together vehicle and tyre industry importers and retailers and will look at schemes in other countries to develop guiding principles for New Zealand. The government expects to receive results by April 2013.(PRA)
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