Friday, May 2, 2014

After Appeal to Freight and Logistics Interests Comes News of a Commercial Recycling Opportunity

Viability of New Tyre Retread Plant in Nigeria Postulated by Local Company
Shipping News Feature

NIGERIA – US – UK – Following yesterday’s story in which we highlighted the request to the freight and logistics sector by transport charity Transaid with regard to assistance with the supply of HGV, PSV and ADR training personnel to Africa, comes news of someone else in the region with similarly high aspirations for a project with potential environmental value.

The Californian based Retread Tire Association (RTA) tells us it has received an intriguing request from a contact in Lagos asking for help with a project to set up a tyre reprocessing plant in Nigeria. Unlike the charity request the concept is a commercially based operation and the instigators, messrs. Luthur Technology Tyres make a very sound social, and possibly financial case for anyone wishing to provide the technology and expertise to get the scheme off the ground.

A partner in the business, which also trades in the name of LuTec Tyres Ltd., Mr Jonathan Akpan says the company is concerned with the environmental problem caused by waste tyres which can be seen on dumping sites, in rivers, and in fact everywhere around the country which he says creates a unique opportunity to set up a recycling business and reduce environmental impact. The company intends to retread used tyres and also produce raw materials such as Rubber Crumb, Rubber Mulch and Rubber Powder, with any excess natural rubber required for the processes being sourced locally.

LuTec, presumably a small outfit as it has no visible website, points out that Nigeria has a population of around three times that of the British Isles, and says it is seeking an experienced outfit to partner with, one who can supply plant and machinery, supervise installation and commission of the facility, provide training and technical support etc. and any interested parties who feel this is a genuine opportunity should make contact with Mr Akpan at and please let RTA at know how things develop.