Page 117 - UPthEM_Program_Final_December 2020

UPthEM – Upskilling Pathways for Employability
№ 2019-1-BG01-KA204-062299

Activity TWO: Business Model Canvas

Please read carefully the following information regarding a Tyre
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Recycling Business (locations and names have been changed).

“This green business sector includes companies that deal with
recycling tyres and rubbers which has become an integral and important part of the society due
to its social and economic impact on the society and has also the role it plays in preserving the
future of our world. Not recycling used tyres for use as raw materials in making new tyres or
other products can constitute nuisance in the society hence the importance of this business.

Basically, this business has to do with collecting, separating, sorting, and processing used tyres
to make raw materials which are sold to make money.

The tyre recycling business also include transfer stations where waste are transferred from local
vehicles to long distance automobiles that transfer the tyres to the facilities where they are
recycled.

Several studies have shown that USA generates lots of income from recycling used tyres every
year and this constitutes the largest source of rubber waste in the country.

This is a type of business that will continue to benefit from the growing interest of the public
in the recycling industry and also the demand for this industry will be driven by business
creation, privatization and population growth. The business will continue to grow in all parts of
the world even though it will be higher in some countries than others.

Waste Tyre Recycling “WaTy Recycling” is a standardized and licensed
recycling company based in the Europe which deals majorly with
recycling used tyres and rubber waste. A well located and positioned
facility in the outskirts of “Green-Town” from “Nature-Region” in
“Eco-Country” has been secured for this business.

WaTy Recycling is in this business to contribute its quota in saving the world and also to
compete highly with other recycling companies in the whole of Eco-Country. Our goal is to
become the best tyre recycling company in the Eco-Country.

The business might engage in recycling other used materials apart from used tyres in the nearest
future but for now will be focusing on recycling used tyres. The company has secured all
permits and licenses required to be a waste collection company in the Eco-Country.

The company is determined to obey all rules and regulations guiding the tyre recycling industry,
hire well trained and competent drivers with their commercial drivers’ license to drive the waste
trucks.

18 https://startupback.com/green-business-ideas/
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The European Commission support for the production of this publication [document] does not constitute an endorsement of the contents
which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the
information contained therein.