Recycled tire market approaches equilibrium
Consumers are demanding more rubber products
derived from recycled tires and that is helping companies
like Lancaster, Pennsylvania-based Dodge-Regupol Inc.
“The market for green products in
general is on the rise,” said Kathleen Keller, director
of marketing at Dodge-Regupol. She said the growing awareness
of the negative footprint that building products have on the
environment is helping boost demand.
Dodge-Regupol manufactures cork, cork/rubber
and recycled rubber products for commercial, fitness and industrial
applications. It converts more than 2.75 million tires annually
into original equipment manufacturer, industrial and architectural
Keller said that the growing awareness of
the negative footprint that building products can have on
environment is helping boost demand in the commercial sector.
She said that government mandates that certain buildings use
green products also helps.
Since Dodge-Regupol is privately held, Keller
would not release revenue numbers. But she characterized business
as good. She expects sales to continue to grow next year.
She said higher costs are impacting margins. Plus, global
competition is having some impact. But she said the biggest
impact now is the demand for green products.
“Supply and demand is at a very good
state at this point in time,” said Michael Blumenthal,
senior technical director at the Rubber Manufacturers Association.
The Washington DC – based association represents more
than 100 rubber manufacturers.
“There is almost a point of equilibrium
between supply and demand, which is a vast improvement over
past years when supply exceeded demand,” Blumenthal
Blumenthal said demand for ground rubber
from tires has increased over the last couple of years. “As
demand goes up, supply is keeping up with demand,” he