The market for recycled rubber in Egypt is on fire.
Did you know that Egypt creates 20 million waste tires annually and barely 10 percent of those are recycled? Some may see this as a problem, others see it as business opportunity with an incentive to improve environmental factors associated with disposed tired across Egypt.
Currently there are only a few sophisticated tyre recyclers availbale in Egypt, including Italian-Egyptian company Egitco in Alexandria and a factory named 'Abdulwahhab for tyre and rubber recycling’, alongside small workshops where tyres are reworked manually. This is the market where Mohsen and his three cofounders - Abdullah Annan, Mahmoud AbdelAziz and Saher Nour - saw an opening for their startup Retyres.
Click here to see the whole story: http://www.wamda.com/memakersge/2016/06/rubber-a-hot-commodity-for-egypt-startup-retyres