The Group owns a leading rubber compound manufacturing and tyre retreading group under Sunrich Integrated Sdn. Bhd and its subsidiaries (“SRIT Group”) based in Malaysia. SRIT Group engages in the manufacturing of technical and custom made rubber compound as well as retread tyres under brand names such as SunTex and Autoways. The Group will be expanding its total tyre management business into Chongqing, China, through a 65% held joint venture company established in December 2012 with Chongqing Municipal Transport Development and Investment (Group) Co., Ltd, which is Chongqing municipal’s largest state owned transport logistic group.
In China, the Group engages in electrical and electronic waste recycling business through a 15% investment in Chongqing Zhongtian Electronic Waste Co., Ltd (“CZEW”) under a joint venture with Zhongtian Environment Protection Industrial Group Co., Ltd. CZEW has an exclusive e-waste license awarded by the local government in the business of collection, recovering, processing and disposal of electrical and electronic waste in Chongqing.
In Singapore, the Group is an appointed term contractor for collection of used copper slag and general waste for certain shipyards and fabrication yards. A large portion of the recycled copper slag is used by ready mix concrete suppliers for the production of eco-concrete.
The Group’s patented composting technology, ecoACTTM, employs the unique in-vessel thermophilic composting technology to manufacture quality organic compost in the shortest possible time. Besides converting horticultural waste into organic compost at the Group’s facility at Sarimbun Recycling Park, the bulk of our horticultural waste are mixed with wood waste and repurposed as feedstock for our biomass co-generation plant in Gardens by the Bay, Singapore.