The government of Yutian country, Henan province, signed an investment agreement with Beijing Kehuaruixun Technology Development Co., Ltd., aiming to develop a power generation project with scrap tires.
The project will locate in the economic development zone in Yutian with an area of 103 mu (6.87 ha) and an overall investment of 600 million yuan.
The project is expected to deal with scrap tires of about 80,000 tonnes, produce fine carbon black of 32,000 tonnes, and sort steel wires of 1,920 tonnes and fibers of 800 tonnes.
In the meantime, the power generation is expected to be 200,000 MWh/year with output value of 694 million yuan.
