Investee Stories

As at June 2013, the NEF had approved over R5.05 billion for black-empowered enterprises countrywide, in various economic sectors. 

Below is a sample of these investments:

Funding Solutions
Tyre Energy Extraction (Pty) Ltd (R35 million)

Project summary

Conceptualisation of the project was based on a good indication that the waste tyre regulatory environment was in the process of changing. Comprehensive research that was undertaken to determine what could be manufactured from “end of life cycle” tyres and rubber indicated the possibility for beneficiation of this material using pyrolysis. TEE will establish a processing plant which will operate from the Coega Industrial Development Zone (IDZ) in Port Elizabeth. The proposed plant will pyrolyse waste tyres to produce boiler fuel, carbon char and steel, which will be sold to local industrial consumers.


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