Stock Price: GXG:9AR €2.40
ID Codes:  ISIN GB00B4323X41 / WKN A1JHWC

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Overview

Green Gum Technologies is a patented process that is able to produce fine (200 and 300 microns) and superfine (150 to 200 microns) rubber granules with a small carbon footprint. One of the main advantages of the Green Gum technology is that the process uses substantially less energy for the production of these fine granules than traditional methods. This technology is also environmentally friendly due to its low energy consumption and its ability to cleanly utilize scrapped rubber tires.

The resulting granules, which are of a higher quality than those currently produced in Europe, are used in expensive industrial base materials. They can also be used in road building and maintenance, an industry that is expected to require in excess of 35,000 tonnes per year over the next five years.

The plant is located in a local government designated Green Belt area in Western Hungary, which further enhances Astra’s green credentials.

   

The Project

Green Gum Technologies is a patented process that is able to produce fine rubber granules of 200 and 300 microns and superfine granules of 150 microns to 200 microns with a small carbon footprint.


Green Gum Rubber granules 


The technology allows for the full utilization and production of high valued products from the rubber which comes from waste tires, resulting in 100% recycling.
The process uses substantially less energy for the production of these fine granules than the traditional methods that utilise nitrogen freezing or high-pressure water. Other competitive processes to this technology in use have high energy requirements and are unable to produce such high quality granules.

The existing Green Gum manufacturing plant is located in Hungary, and the current plant infrastructure allows for the production of various grades of rubber granules in sizes from 600 microns (fine) to 150 microns, with the latter being super fine granules which are similar to talcum powder in quality.

Production testing was carried out in 2012 and over 100 tonnes of rubber granules have been produced in order to test their consistency and cleanliness, with some granules also manufactured for sale. Full marketing activities will commence in 2013.