Kirchdorfer and Asamer form new used tyre firm KIAS

Austrian cement manufacturing company Kirchdorfer is forming a new used tyre company named KIAS with Austrian construction materials maker Asamer. A subsidiary of Asamer has been operating a used tyre processing plant in Ohlsdorf, Austria, since 2002. This is to be merged equally with Kirchdorfer to form the new joint venture company KIAS, which will be managed by Kirchdorfer on an operational level.
October 21, 2013 Read time: 1 min

Austrian cement manufacturing company 7517 Kirchdorfer is forming a new used tyre company named KIAS with Austrian construction materials maker 4700 Asamer.

A subsidiary of Asamer has been operating a used tyre processing plant in Ohlsdorf, Austria, since 2002. This is to be merged equally with Kirchdorfer to form the new joint venture company KIAS, which will be managed by Kirchdorfer on an operational level.

A share of 70-80% of the processed rubber, some 20,000 tonnes per year, will be recycled thermally (burned at the cement site).

Negotiations about the new company are not completed.

For more information on companies in this article

Related Content

June 6, 2014

Austria’s Kirchdorfer to get concrete plant from Rudolf Kandussi

Austrian cement manufacturer Kirchdorfer's concrete subsidiary TIBA Austria wants to take over a production plant for ready-made concrete parts for canal and waste water works. It is located in St Veit/ Glan and owned by Rudolf Kandussi. In return the latter will get a 26% stake in TIBA.

The competition authority is currently looking into the matter. Kirchdorfer said the deal is an important part of its export strategy. It will improve logistics and help exports to northern Italy and Slovenia

boombox1

Highlighted Content

boombox2